YEdu’ Digest

It's getting clearer that what matters in this space is this chain:

customer spending → rev generating product → eligible revenue → token allocation → executed purchase → final token destination

Rest everything is noise.

1% club

Crazy how fast it has been. It's pretty clear now that @aeroxyz will bootstrap liquidity before a larger distribution channel arrives.

And that distribution subsequently will send recurring flow into the already established pools + early liquidity spending will purchase a durable execution advantage.

Remember predictive allocation will rewards and revenue stream concurrently. Bullish on $AERO in the longterm.

h/t to @blockworksres for the data

Why P/FCFt is so important?

It's a metric that provides ANSWER to you. Right here, right now.

What is easier - one number or a big table that doesn't lead to anything?

remember the deeper a partner embeds its dollar into margin, payments and treasury operations, the harder the infra becomes to replace.

the moat around $ENA is getting stronger.

https://x.com/milkroaddaily/status/2111078969131086025

So basically these are ranges and I believe BTC will move in this for some time. Especially the black channel. If it breaks down then into the bull channel where we have the weekly ema's too

Levels I'm watching here

Journaling has actually made me save tons of money and look at things which I always used to miss (on the psychology side too)

Make it a habit before each trade to write:

(1) My thesis: What specifically do I expect + by when?
(2) Alternative explanation: What else could produce the same signals?
(3) Confirmation: What would genuinely strengthen my belief?
(4) Invalidation: What would weaken/break it?
(5) Action: What would make me hold/add/reduce/exit?

What is better: buybacks or ve-tokenomics?

We delivered a small data-driven case study on this topic

It compares yearly performance for two baskets:
• 4 biggest buyback tokens
• 3 biggest ve-tokens.

Takeaways:
1. Buybacks outperformed ve tokenomics, with $HYPE as a major contributor to that. The peformance gap "buyback vs. ve" is $81 vs. $139 value per $100 basket
2. The highest valuation multiples are concentrated in major assets like $HYPE and $UNI. This suggests that market attention and valuation premiums remain heavily concentrated in the largest projects.

More details in the original X post: https://x.com/valueverse_ai/status/2110463526741348807

$KUDO is starting to get the attention it deserves.

> RH chain already has material RWA/stock token volume ($15B cumulative in first ~100 days)
> Morpho deposits in the hundreds of millions to low billions, and active AI agent trading volume
> @RobinhoodApp is explicitly pushing agentic accounts

If agents on this chain start doing real work that requires commitments larger than spot payment, @kudo_archi sits in the path.

Bullish...

happy new ATH to $HOOKR holders

faxxx

So @NEARProtocol is becoming harder for applications to replace while it is becoming easier to buy in this dip.

~$2.33M in captured revenue over 30D vs $1.1M in the preceding period that is roughly 112% growth. The latest 7D are also about 24% above the preceding week.

In this correction I'm betting on protocols which show strong numbers during the corrections and agents will choose $NEAR because of reliable execution within price, privacy and permission constraints. I think intents becomes an application’s default execution route, recurring software decisions could become recurring $NEAR demand.

Just got this thought before going to bed.

One thing I'm starting to understand is everything in this world is easy if you make up your mind that you want it super badly. If I label things as hard, my mind will create resistance and I will get that thought i.e it would takes years to make progress but guess what it will take years as now I've started telling myself that everything is easy and achievable. This way I am developing a natural flow and will make 10x the progress in 1/2 the time.

Everyone who wanted out is already gone and the NAV premium has almost completely disappeared

No matter how many times I look at it, the upside at these levels looks way bigger than the downside

The FUD that weighed on $NET has been cleared up and we still have the NET SDK and MMORPG launches ahead as catalysts

Most of the bad news is already priced in but I don't think the market has priced in what's coming next

Inference teams worth keeping an eye on this cycle

actual computer (SN95)
antseed
blockrun
chutes (SN64)
darkbloom
dolphin ai
engy (SN53)
gm (SN28)
morpheus
orbio
surplus intelligence
usepod
venice ai
warden/holo

Anyone else?

https://x.com/0xJeff/status/2109859047466029281

September was the best month for Holders Revenue since November 2025.

Month over month growth was driven primarily by Hyperliquid (+$12.8M), Aerodrome (+$10.3M), and Uniswap (+$6.2M) — link | AI comment