firstset
@firstset_
Supporting emerging decentralized networks from day one, with our computational, intellectual and social capital.
Staking has become a pivotal revenue source in crypto. It is attracting interest due to the low risk profile and stable character of its returns. Did you know that the Total Value Staked (TVS) across all assets exceeded $200B in 2024? 🧵👇
Bullish on opinionated blockchains that push the limits of what is possible in a particular direction, in this case trading. Firedancer is being held back by the low CU limit on Solana, which is kept low to preserve the integrity of the chain as it is validated by slower clients…
From today, you can get hands-on with the greatest onchain trading experience. From today, the hoodies and sneakers will have the edge. From today, Fogo Testnet is open to the public. (that’s you btw) 🧵
It’s social consensus all the way down. Always is, always has been. And that’s a good thing. Kudos to all validators for stepping in so quickly.
PSA- Decentralisation doesn’t mean turning a blind eye to crime. Decentralisation means that the judgement of what’s right and wrong needs a buy in from 100s of independent entities, acting in the best interest of the network and its users. Today, during a critical incident,…
Let’s (fo)go!
Fogo delivers: -40ms blocks - Firedancer's full potential - The fastest SVM experience possible This creates world-class trading infrastructure We're excited to be partnering with @firstset_ as a validator on @FogoChain 🔥
We’re excited to announce that GenLayer is partnering with @Gaianet_AI to integrate decentralized edge inference with on-chain arbitration and consensus. This unlocks real-time, verifiable AI execution, enabling a new class of trustless agents & dApps. Here’s how 👇🏻
We recently shared our thoughts on Adler's recent post from the Celestia forum. The PoG is the attention grabber - but the structural changes around supply is the market catalyst. Inflation reduction to 0.25%, with plans to burn all REV could lead to some interesting outcomes
Proof-of-Governance as the Endgame for LSTs I propose a change to the Celestia protocol that would remove unnecessary issuance, from 5% to 0.25%, without affecting security. It would also allow for a seamless LST-equivalent, allowing $TIA to be used in TIA-native DeFi more…
Babylon tokenomics starting to take shape!
5/ And it’s not just BTC… $BABY holders (Babylon Genesis’ native token) can stake to earn a portion of BSN rewards too. More BSNs = more streams = more rewards for BTC and BABY stakers. It’s a compounding flywheel 🎡
What if your BTC could finally earn rewards without leaving the comfort of your wallet? And what if you could stack multiple reward streams just by staking BTC (or $BABY)? That world is coming fast. It’s called BTCFi, and Babylon Genesis is building it. (and psst… you’re…
Testnet Asimov is LIVE. The Court of the Internet has activated. No judges. No delays. Just reasoning at machine speed. This is the Trust Infrastructure for the AI Age. Watch + Join Us
One of the most interesting projects in Crypto x AI, with a focus on intelligent smart contracts that can query LLMs and access Internet sources. Excited to be supporting Genlayer's Asimov testnet!
GenLayer’s Testnet Asimov is live! Activating the world’s first decentralized legal layer for AI, powered by LLM validators, Intelligent Contracts, and AI-native consensus. Huge thanks to @carlfranzen + @VentureBeat for covering this milestone.
Catch us on @monad_xyz's Testnet 2 with our friends from @Kairos_Res 💜 testnet2.gmonads.com
catch @Kairos_Res / @firstset_ on testnet soon 👀
The Monad Foundation team has sent out initial invitations to participate in Testnet-2. With that said, I can't help but shake the feeling that we have missed some deeply technical solo validators that enjoy hacking on Proof-of-Stake networks. If you think this describes you,…
Our Solana validator with @Kairos_Res is now running on Firedancer 🔥💃 validators.app/validators/BCS…
Understanding staking flows on Celestia is particularly important given: - 56% of the supply is staked - 3rd L1 asset by inflation rate (top 20) For this reason, we have shipped a staking events tracker at celestia.firstset.xyz to make monitoring staking activity on Celestia…
New drop: suitop, a command line tool to monitor consensus participation in @SuiNetwork github.com/Firstset/suitop cc @SuiFoundation @Mysten_Labs
Participating in @GenLayer's testnet? We published a guide for setting up the validator client as a daemon, as well as automating log collection. paragraph.com/@firstset/genl…
Excited to be supporting @GenLayer alongside our frens at @blocmatesdotcom The state of the art in LLMs is incredibly powerful, but there hasn't been a good way to bridge AI intelligence to the onchain world. Genlayer fixes this.
AI gets its own court system, and it’s on-chain. ⚖️ GenLayer’s AI powered arbitration settles disputes + scales trust at machine speed. A global synthetic jurisdiction for AI commerce is here. Featured today in @CoinDesk by @tom_carreras 👇