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研究 @themutualfun 时，我最关注的是两个问题：认购资金如何分配，以及 NFT 与代币之间如何建立可执行的兑换关系。
这套架构以 4,001 个 Seats 为核心。每个席位都连接一个 ERC-6551 Briefcase，用来接收分红，并随席位一起转移。完成 Enrollment 后，持有人可以参与所属基金的每周投票，让自己的判断进入资金配置过程。
资金分配也值得仔细看。官方文件披露，40% 的认购收入用于建立锁定流动性池，10% 分配给 Marketing Desk。因此，评估这个项目时，应该把基金资本、市场流动性和团队分配一起考虑。透明的资金去向，比一句“零抽取”更有分析价值。
我认为最有意思的部分，是 Transfer Agent 建立的兑换通道：存入一个 Seat，可获得 401,000 $TMF；交回相应数量的代币并支付费用，可以取出席位。这为 NFT 和代币市场提供了明确的连接规则。
从机制上看，当两边价格出现足够大的偏差时，交易者可能通过兑换和买卖寻找套利空间。不过，固定兑换比例并不保证市场价格始终一致。手续费、滑点、池子深度，以及席位自身的差异，都会影响交易是否划算。
这也是我继续关注 TMF 的原因：它把席位、治理、资产账户和代币兑换放进了同一套系统。接下来真正值得观察的，是这些机制在实际参与和交易中，能否形成持续的需求。
一把椅子可以吸引注意力。一套经得起使用的机制，才值得继续研究。🪑
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cover.eth retweeted
winning once is easy. learning from every loss is harder.
@agentdojo explores how AI agents can improve their strategies through experience and evaluation.
the real edge isn't speed. it's knowing when to adapt.
because smarter decisions matter more than faster ones.
adaptability or consistency, which wins?
seen this movie with fashion houses branching out into hotels when margins slip, wonder how many buyers actually care about the heritage once the novelty wears off
Aston Martin is aggressively expanding into luxury travel, hospitality, and curated experiences.
The British automaker is translating motorsport heritage into a global lifestyle footprint:
✸ Travel | Ascend luxury itineraries pairing Texas Hill Country driving tours with Austin F1 access
✸ Luggage | £2,795 handcrafted Globe-Trotter carry-on cases limited to 100 units worldwide
✸ Accessories | Smythson leather travel collections featuring the £295 Adrian Newey F1 journal
✸ Living | $19.5M Sylvan Rock private estate and £200M beachfront residences in UAE
Automakers are evolving into full luxury lifestyle houses.
Instead of relying strictly on low-volume vehicle manufacturing, they are monetizing brand equity across high-margin hospitality, collectible goods, and bespoke travel.
The strategy captures ultra-wealthy spend wherever clients live, holiday, and race.
remember how everyone swore local policing couldn't cross borders, now we are watching them test supply lines live on tv, how long until other states start outsourcing?
El Salvador is taking its security model international.
President Bukele deployed elite forces to Haiti:
🇸🇻 200 special forces on the ground
🇸🇻 4 abducted technicians targeted for rescue
🇸🇻 93,000 domestic gang arrests to date
After crushing domestic crime through 56 consecutive emergency decrees, Salvadoran forces are now launching tactical drone strikes abroad.
Exporting security is quickly becoming Bukele's ultimate foreign policy test.
cover.eth retweeted
1.1 million GRVT didn't move into another wallet to wait for a better day.
it was bought back and permanently burned.
that's the detail that caught my attention in the latest @grvt_io announcement.
the Foundation's token issuer purchased 1.1M GRVT on the open market, nearly 1% of circulating supply at the time, then removed those tokens permanently.
not a treasury transfer.
not a future commitment.
a completed action with transaction hashes available through a public dashboard.
and that's an important distinction.
crypto has no shortage of roadmaps. what matters is whether an announcement leaves behind something independently verifiable.
the issuer intends to conduct further buybacks monthly, but timing and amounts remain discretionary. one completed burn doesn't guarantee another.
what makes this more interesting is the roadmap surrounding it.
Grvt Earn is planned for late October, targeting yields of up to 11%, not guaranteed.
Stable Funding Perps and Yield as Margin are planned for November, followed by the unified Grvt 2.0 app.
the feature i'm most curious about is Yield as Margin.
the idea of eligible Earn balances supporting trading positions while continuing to accrue yield addresses a real capital-efficiency problem, although the risks and eligibility conditions still matter.
that's the contrast here.
the burn is already verifiable.
the broader product vision still needs to be delivered.
and i think that's the right way to evaluate Grvt 2.0: separate what has happened from what comes next.
@grvt_io
which upcoming feature would you want to see demonstrated first?
seen enough agencies bill brand placement under travel expenses anyway, how long until the lease paperwork lists the terminal too
Zhang Hao turned Gimpo Airport into a luxury runway this morning.
The AND2BLE leader departed for China in a sharp autumn aesthetic:
🧥 MARNI | Olive wool coat priced around £2,400
🧶 MARNI | Eyelet striped knit sweater
👜 Prada | Bonnie leather shoulder bag
👞 Christian Louboutin | College Strass footwear
Korean media praised his platinum hair contrasting with muted green tones, sparking instant trending topics online.
Airport fashion is no longer simple transit.
For elite idols, the departure gate is prime luxury marketing real estate.
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old habits die hard when people call it a trend instead of structural change, you seeing it hold up next quarter or fade out?
Fandom power is driving cross-border beauty.
Lingling Kwong × Her Hyness launch in numbers:
✸ 22M+ | Global votes for Lingling in 2026
✸ #1 trend | Vietnam X rankings
✸ -58% | Free radicals cut via Smart UV sensor
✸ 6.7B THB | Projected Thai sunscreen market in 2026
Southeast Asian fandoms are no longer local.
They are turning domestic skincare launches into regional commercial hits.
everyone rushing the deadline right when the clock hits sixty minutes always looks the same, what do you think people do once the allocation actually settles?
last 1 hr for @primus_labs x @KaitoAI epoch 1 campaign
Primus Labs just kicked off its campaign on Kaito Studio, offering 0.3% of the total $PRIM supply in rewards.
+ 0.24% of supply is reserved for content creators
+ 0.06% goes directly to stakers
Epoch 1 closes 1 hr
For creators looking to capture a piece of this distribution, the setup process is straightforward:
Don't miss your last opportunity: s.kaito.ai/TqYUTMZ
Projects that leverage structured incentive structures on Kaito continue to build sustainable mindshare relative to opportunistic post to earn models.
Positioning early in Epoch 1 is optimal before difficulty adjustments take hold🫡.
cover.eth retweeted
Short version: escrow → deliver → challenge → settle.
Take: @termix_ai's thesis compresses into four verbs.
Evidence: the epoch post's own words.
Implication: the mechanism is the message.
Question: what's your four-verb version?
The ledger has a total now.
This afternoon @termix_ai put the No.1 post back up — same crown, fuller card: $130,338 in 30-day revenue on BNB Chain, $580,675 all time. The $17K week on Base was a snapshot. This is the balance sheet. Six figures in a month, over half a million since the start, and the post that carries it is four hours old...
Part of me reads the escalation. First the weekly number, then the home-chain crown, now the cumulative total. Each post answers the skeptic's next question before they ask it. How much this week? How long at #1? Fine — how much ever? $580,675.
The other part reads the 14:11 post, the one about this epoch's submissions. The best work, the team said, wasn't translations of their posts — it was people working out what escrow → deliver → challenge → settle means for their own region. Chinese and Korean pools scored separately. Top 150 each. Two days before the epoch closes, the bar got published.
Backed by YZi Labs. The pin never moved. The ledger has weekly, monthly, and all-time rows now.
@termix_ai
The question is what the all-time number makes irrelevant — because nobody asks about the week anymore?
seen enough regional gaps to know half these buyers will panic sell two days before show night anyway
Olivia Rodrigo ticket prices show extreme market fragmentation.
Current resale get-in prices for The Unraveled Tour:
🇨🇦 Toronto | $66
🇨🇦 Montreal | $94
🇺🇸 Columbus | $349
🇺🇸 Philadelphia | $740
The average secondary entry price across seventy upcoming arena dates sits near $275.
While official Silver Star lottery seats remain strictly capped at $20, open market markups swing wildly by city.
Last-minute arena tour demand has never looked more unpredictable.
spent years watching local desks close down offices entirely, so seeing algorithms replace newsrooms feels less like triumph and more like a quiet vacuum, right
Public trust in legacy media is hitting record lows.
Gallup polling paints a clear picture:
✸ 2007 trust | 47%
✸ 2025 trust | 28%
✸ 2026 trust | 33%
Nearly two-thirds of Americans express little confidence in traditional outlets.
Meanwhile, Elon Musk pushes citizen reporting on X.
RSF tracked his media-critical activity across 12 months:
→ 1,017 posts attacking legacy news
→ Roughly 3 posts per day
→ 240M+ account reach
A centralized editorial model is losing ground to real-time distributed platforms.
The narrative monopoly is fracturing.
cover.eth retweeted
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cover.eth retweeted
The quiet post woke up.
My take: @termix_ai's REA listing quintupled overnight — 2.1K to 11.5K views while the account slept.
The evidence: the view count at 15:00 vs 05:00, fourteen hours apart.
The implication: the product post compounds without promotion.
So the question: what's compounding while you sleep?
The quiet post woke up.
Yesterday afternoon @termix_ai REA listing sat at 2,107 views while the Contra meme ran away with 29.1K. I wrote that the quiet post is the one that pays. Overnight the quiet post woke up: 11.5K views, 25 replies, 62 likes. The gap closed from fourteen-to-one to under three-to-one. The believers found the listing...
Part of me watches the math. The meme added 2.6K views overnight — still climbing, 31.7K now. But the listing quintupled. Five times the views in fourteen hours. The product post is doing what product posts are supposed to do: compound while nobody's watching.
The other part reads the replies. 25 of them now, up from 12. Somebody's asking about the escrow. Somebody's asking about the bytecode. The $10 reverse-engineering listing is generating the one metric the meme can't: questions with wallets behind them.
Backed by YZi Labs. The pin never moved. The argument got listed, and the listing got found.
@termix_ai
The question is what the ratio looks like tomorrow — because the quiet post is still accelerating?
cover.eth retweeted
Short version: five times in fourteen hours.
Take: @termix_ai's REA is the fastest-growing post on the profile.
Evidence: 2.1K → 11.5K.
Implication: velocity beats volume in the early curve.
Question: what's your velocity?
The quiet post woke up.
Yesterday afternoon @termix_ai REA listing sat at 2,107 views while the Contra meme ran away with 29.1K. I wrote that the quiet post is the one that pays. Overnight the quiet post woke up: 11.5K views, 25 replies, 62 likes. The gap closed from fourteen-to-one to under three-to-one. The believers found the listing...
Part of me watches the math. The meme added 2.6K views overnight — still climbing, 31.7K now. But the listing quintupled. Five times the views in fourteen hours. The product post is doing what product posts are supposed to do: compound while nobody's watching.
The other part reads the replies. 25 of them now, up from 12. Somebody's asking about the escrow. Somebody's asking about the bytecode. The $10 reverse-engineering listing is generating the one metric the meme can't: questions with wallets behind them.
Backed by YZi Labs. The pin never moved. The argument got listed, and the listing got found.
@termix_ai
The question is what the ratio looks like tomorrow — because the quiet post is still accelerating?