If you've been waiting for a nice little pullback to take an $FXN position this is likely a good one... I try not to talk about price that much and just focus on ze fundamentals, but I firmly think this is the most asymmetric r/r in crypto right now... $204M TVL vs $3.8M market cap(!)... And that is for one of the most interesting projects in defi currently- With a proven, battle-tested, and extremely well-respected team- With clear PMF, generating legit organic revenue from its operations- At the forefront of the stablecoin + privacy + perps narratives- With an insanely cool new defi primitive @FX100Perp in the final stages of testnet... Obviously I'm bias because I work with them, but at the same time- I chose to work with them specifically because of all of the above :) But yeah... No degree of abject wordcelism can properly convey my boolishness and I will be accumulating as much as I possibly can at these prices as it should be VASTLY higher 💪

Its hard to put a finger on it... But I feel as if some weird sense of nihilistic listlessness has crept into society over the last few years... Likely due to AI... Its weird... On the one hand... people feel as if they have been massively empowered by LLM's on a personal level... Claude/ChatGPT/Grok can help you start a new business, walk you through fixing up your house, make an AI movie from scratch, literally all these crazy things... However... on the other hand... AI seems to be unraveling society at a rapid pace... Which makes it far harder to formulate and pursue concrete plans and goals... So as a result people paradoxically have less of an internal locus of control despite this increased sense of personal empowerment... Its like that quote: "AI will create an internet of ghosts, not of people..." But taken to a societal level... If you inhabit a society of ghosts, how do you navigate it? Also, on a similar level... There are these massive, civilizational-tier problems in the US and Western Europe... And for decades people have watched them percolate, constantly expecting things to reach a boiling point and pop off... But they never do... Which lends this sense of unreality to everything as well... But yeah - I tend to be a perpetual optimist so I think it will all work out better in the end... But its extremely interesting watching it unfold...

Its funny... Social media has made it infinitely easier to share our actions/adventures/creations with other people - which is unequivocally a good thing in my mind... But it feels also like we've lost something along the way... in terms of the idea of living a life of greatness or adventure being an end in of itself... Like all these cowboys and explorers and adventures back in the day... they didn't have social media with which to document all the cool stuff they did... but they did it anyway because they viewed their life itself as a blank canvas or a work of art - even if nobody knew about it in full but themselves and God...

Reminder my dear anon that @protocol_fx has had some absolutely insane stablecoin yields available as of late... Have screenshotted two recent examples below, and am QT'ing @protocol_fx's @cyrille_briere on the same :) Absolutely wild numbers and remind me of stablecoin farming yields back in the 2021 cycle honestly... While the strategies below incorporate looping/Morpho/etc, all of the foundational underlying yield originates from the actual gigabrain architecture + organic usage of the protocol itself... In this regard numbers continue to explode... - TVL is up over 400% since this spring - $fxUSD supply just hit $87M(!) - Remains a shining light of decentralized, permissionless defi - and also privacy via the work they've been doing with Railgun (link below) - @FX100Perp coming soon (link below as well) - And the $FXN token itself is up 200% in the last two months (though still ridiculously undervalued imho) But yeah- as always I am extremely bias because I work with the team and own a bunch of $FXN, but am absolutely pumped at the direction things are going... The privacy area especially is one that I've always had a soft spot for as a bit of a brypto idealist, and I feel like what the team is doing in that area is actually some of the most useful and 'accessible' stuff we've seen in it... But yeah, will link to some more good info below!