DeFi

Idea: they should never launch Berachain.

It's got a $2.3B TVL without a functioning chain. The moment they launch, then they'll start measuring real revenue, flows, then it's valuation becomes a hard number.

Right now, it's pre-revenue. It has no valuation. It's market cap is somewhere between infinity and zero.

Why ruin it?

😅
I mean, you might end up doing the same if you've had to deal with this tweet nagging at the back of your mind.

So total cryptocoin market cap just hit $0.5T today. But have we *earned* it?

vitalik.eth

😅
I mean, you might end up doing the same if you've had to deal with this tweet nagging at the back of your mind.

https://x.com/VitalikButerin/status/940744724431982594

Depin Dev hosting /m3ter-heads & building M3tering protocol on Gnosis.
Spread the word; P2P energy is now as real as P2P money
https://m3tering.whynotswitch.com

😨 ohh wow this actually does make sense and also sounds awfully  familiar.
XRP? or rather Pi?

I'm pretty sure there's a team out there that's getting away with doing this.

Cami and the gang should just turn it into a lifestyle brand where the team, protocol, and users just vibe forever on the chain that will never launch.

- It gets the team dealflow and access to cool parties and networking.

- Berachain depositors never realize losses (tokens are locked indefinitely until mainnet launch, so they're basically locked forever).

- Protocols have a perpetual project and can leverage it to continued funding rounds, and can always point to Boyco TVL growth as justification for more runway.

Why ruin the fun at this point?