financial infrastructure for onchain teams.
Splits: https://splits.org/
Teams: https://teams.splits.org/

Main

splits

Our priorities next week:

- team offsite & eth denver
- improving Earn: send any asset on any chain directly from Earn balance)
- mvp for compliantly paying contractors onchain (collect W9/W8s, issue 1099s)
- add a visual asset overview to the dashboard
- app stability & bug fixes

proxy studio

I’ll admit it I would like to write some angel checks 

I’m not very capitalized off chain though. 

Have a couple grand everything else is earning better yield

builders yearn to fund their peers creating productive assets

We wrote a manifesto.

"Code is law" is not a dead meme from several cycles ago — it's actually crypto's greatest strength. In fact, code is *better* than law.

https://splits.org/blog/unbreakable-agreements/

I forgot to say, we published this to celebrate Splits' 3rd birthday!

Hard to believe it's already been 3 years

Here's to the next 30

We wrote a manifesto.

"Code is law" is not a dead meme from several cycles ago — it's actually crypto's greatest strength. In fact, code is *better* than law.

yield bearing stables are already here, they're just not evenly distributed

Earn: yield bearing stables directly in your Teams account.

Behind a feature flag right now, DM me if you want to give it a try!

Earn: yield bearing stables directly in your Teams account.

Behind a feature flag right now, DM me if you want to give it a try!

https://warpcast.com/w/0x535c3649

brypto

Bear case: 

Stable coin payment adoption will plateau.

C2B in US is all on credit. You can’t switch the buy now pay later user habit (Stfu i don’t care about your crypto principles, im an empiricist)

B2B stables represent holding cost and won’t gain adoption until we have yield bearing stables (regulatory issues)

Bull case:

There is a lot of US debt due this year that needs to be refinanced and so we need to increase demand for T-bills

With warpcast wallet you now have iOS App Store level ux for purchases.

It’s superior in some ways too because you can distribute apps with just a link in a cast. No install flow. No submission process.

New era.

splits.org

active at /splits, come say hi 

thank you @splits for building in the open and always keeping the community and devs updated

I actually look forward to their newsletters, not only because they're tools are incredible, but their work is always in sync with broader EVM development trends

crypto builders could learn a lot from them

we have to finish our work because trad banking need to go fr

signed,
someone in his 27th minute at the bank as 3 tellers converse the nuances of how to send a simple wire transfer from canada to us 🤬

"Money is a coordination tool for human effort. Allowing value to be stored, scaled, and transferred outside of individual bartering. ¶ Similar to technology, it amplifies what is possible. Enabling people to trade across time, space, and expertise." — the inimitable @lght.eth

"Money is a coordination tool for human effort. Allowing value to be stored, scaled, and transferred outside of individual bartering. ¶ Similar to technology, it amplifies what is possible. Enabling people to trade across time, space, and expertise." — the inimitable @lght.eth 

https://www.thenetworkcompany.co/articles/matrix

Think Yapster looks cool? Wish you were one of the cool kids? Don't we all 😔

Listen to @abram and @w quiz @salvino on:

- why Scoop failed (RIP 🍦)
- how he came up with "high adrenaline Tinder prediction market for memes on Solana" (this is not a direct quote)
- why he keeps the team locked in a dungeon
- product philosophy... are MVPs fake?
- why Salvino has sworn to never let Will have an invite code

https://youtu.be/XMXblxssKao

Also available on Spotify 🎧 https://creators.spotify.com/pod/show/this-week-in-farcaster/episodes/Building-Yapster-to-make-the-Solana-trenches-fun-again--Salvino-Armati-e2upq9s

should the boys do more livestreams / podcasts? (yes)

I like to emphasize the benefits of the social network as an incubator. Hard to compete on pure financial terms bc we are still so small. 

Things like: 

How many people met their cofounders here 

How many people started a company on or because of farcaster 

How many people launch in farcaster first 

Cc: @nounishprof who loves the fc is the new yc saying too and might have other thoughts

something we believe deeply at Splits: "FC is the new YC"

it's where the curious, open-minded frontier builders gather

frames

Shout out to @nonomnouns who built the vast majority of this off a @bountycaster post. 

There is a small swap fee that is split between Native and @nonomnouns for their work.

Shout out to @splits for making this possible.