Frisco 💾

The thing about @ritualfnd is that its not here to compete with AI or blockchains but its actually fixing the gap between them. Every developer building with AI today still depends on centralized endpoints and every chain trying to use AI ends up faking it through API calls. Because those models arent on-chain, they sit behind centralized servers, outside consensus where results cant be verified or composed with smart contracts. Ritual is making that connection native. Instead of calling closed APIs, smart contracts can request compute through Ritual's Infernet, getting the model output and a verifiable proof of execution. That means on-chain logic can actually trust off-chain intelligence. And no, its not competing with blockchains. For example lets say, a Monad dapp could use Ritual for AI inference or a Seismic dapp could route Ritual’s models for real-time predictions. So basically, It plugs in where and when logic needs intelligence. And instead of competing, they're working towards an enhanced and better tomorrow for the whole web3 space.

Monad mainnet is around the corner. Two ecosystem projects launching on day one that you’ll want to keep an eye on. 👀 @Curvance - @RareBetSports

E N T E R T H E R I T U A L . . .

I’ve been learning more about @neutrl and wanted to share a straightforward breakdown of their approach to generating yield in the DeFi space. The project is built to generate yield through a completely different model than what we’re used to. Most yield in DeFi today comes from lending or inflationary token rewards, which can be unsustainable and unreliable when market conditions change. Neutrl is designed from the ground up to solve this by creating a yield that doesn’t depend on market direction, aiming to make your crypto work for you steadily in the background. Instead of betting on price appreciation, it profits from exclusive OTC access and structural inefficiencies in the market itself. The system achieves this using a market-neutral strategy, which is primarily composed of three techniques. - The first is OTC Arbitrage: The protocol sources and buys large blocks of tokens at a discount directly from entities like project treasuries and venture funds, and simultaneously hedges the purchase by shorting the same amount on the futures market, which locks in that discount as profit. - The second is Basis Trading: a classic strategy that profits from small price differences between the spot and futures markets by buying the asset at the lower spot price while selling it at the higher futures price. - The third is earning additional yield from staking collateral to generate additional APR to add a kicker to yield. The yield from this engine is delivered to users through two main products. The main one is NUSD, an asset designed to be fully composable across defi. For even higher returns, you can stake your NUSD. This converts it into sNUSD, a token that is simply designed to earn a a share of the protocol's profits.. Just as important as how they generate yield is how they manage risk. Neutrl uses Off-Exchange Settlement (OES), meaning the protocol's assets are not held directly on centralized exchanges. This minimizes the risk of a catastrophic loss from an exchange collapsing like in the case of FTX. Think of Neutrl as Ethena on steroids. It takes Ethena's proven model and enhances it in two powerful ways. First, it expands beyond the crowded ETH market to target untapped altcoins where yield opportunities are greater. Second, it adds its own OTC arbitrage engine to capture profits from private, discounted deals. I think we're very early. The project is already proving its model in a private beta, which has drawn about $50 million in deposits and is generating around 29% APR. This is all happening before a public launch, which is why the project feels so underrated. Study @neutrl

Patiently waiting for @Curvance to go live, knowing it’ll launch on day one of @monad

The partnership between @monad_xyz and @wormhole is one of the most strategic moves in the space and it's worth understanding the strategy. Two major challenges in crypto are scalability and fragmentation. Monad and Wormhole address both head-on. Monad is a high-performance L1 blockchain targeting 10,000 TPS, decentralization and world-class performance. Its critical feature is full EVM compatibility, meaning the vast ecosystem of Ethereum developers can migrate their apps seamlessly to a much faster and cheaper environment without needing to rewrite code. Wormhole is the universal interoperability layer, a messaging protocol connecting over 30 blockchains like Ethereum and Solana. It allows not just tokens, but any data to move between chains, which is essential for building complex cross-chain applications. The strategic brilliance is in the timing. New L1s face a "cold start" problem which is no users or liquidity. By integrating Wormhole from day one of its testnet, Monad launched with immediate connectivity to the entire crypto ecosystem. This solves the adoption hurdle, making it an attractive platform for developers who can instantly tap into existing liquidity and user bases. This synergy also unlocks new potential. Monad's high throughput makes advanced cross-chain dApps (like on-chain order books or real-time games) practical and affordable in a way they aren't on slower chains. Theres also a strong community and economic alignment. Wormhole airdropped a significant amount of its $W token to active Monad community members (Nads). This has fueled widespread speculation that Monad will reciprocate with its own airdrop for $W stakers and ambassadors, creating a powerful mutually-invested user base for both projects long before Monad's mainnet launch. In short, Monad provides the decentralized, parallel-processing power for the EVM, and Wormhole provides the instant, universal connectivity. It’s a powerful combination that redefines the go-to-market strategy for new blockchains.

Dear whales @Curvance will take care of your cross-chain lending and borrowing. Launching soon.

Did you know that Monad took longer to build because the goal wasnt just speed? Im sure most people recognize Monad for that 10K TPS (speed). But keone says, If that was the only goal they could’ve shipped years ago. That would’ve made noise for a while, but it wouldn’t have changed anything much in the space. The real mission was decentralization + world-class performance that lasts. Unroll the quoted tweet to know more.

Mainnet loading... ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓░ 99% ??

Just tweeting this to quote it in future. People currently are not bullish enough on @ritualnet