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Messages - Mayorsage

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Was trying to unstake from another protocol earlier today (don’t even ask), and in the process of bouncing around chains and wallets, I ended up on some random page showing StakeStone ($STO). Never even heard of it before, thought it was one of those scammy tokens that somehow ends up in your wallet uninvited.

But I started clicking around out of boredom and now I’m not even sure what I found. Liquidity this, omnichain that, cross-chain yield stuff… felt like I was reading in another language. And yet, something about it didn’t feel like a total mess. It actually looked… kinda organized?

Anyway I didn’t touch anything yet. Just weird how these things show up when you’re not even looking. Curious if anyone here actually understands what this one’s doing, or if I just tripped into another DeFi ghost town.

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Alright, I don’t know if I’m losing my mind or if this is just one of those weird crypto moments we all experience at some point. But hear me out…

A few days ago, I was just casually scrolling through Telegram, dodging scam DMs like Neo in the Matrix, when I stumbled upon $MICRO. Looked interesting, so I did what any degenerate would do dug around, clicked a few links and forgot about it.

Fast forward to today… I wake up, check my wallet, and there it is. A random stack of $MICRO tokens just chilling there. No clue where it came from. No recollection of signing up for anything. Not even a shady “Connect Wallet” moment.

So now I’m sitting here, scratching my head, wondering is this the universe telling me I’m about to make it? Or did I just get hit with the most elaborate airdrop of all time?

Someone please tell me I’m not the only one. Did any of you randomly get any token too?

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Nothing can beat the dominance of Bitcoin and this can be so true in the next decade for sure...but there is a need to introduce useful innovations using Bitcoin as I believe that stagnancy is an enemy we should not allow to come in especially for something considered to be a game-changer like Bitcoin. Now, this does not mean that we should really complicate things unnecessarily...for sure technology can really be complicated but at the end of they day developers should make things less complicated and they should be practical otherwise the market may not be reacting to what they are offering so positively. These new offering of innovations does not mean that Bitcoin is broken...it means that Bitcoin has to grow otherwise it would be left behind by competitors all ready to take advantage of perceived needs and clear weaknesses.
Well said. Bitcoin’s dominance isn’t going anywhere, but that doesn’t mean it should just stay static while everything else evolves.

BTC-backed finance isn’t about ‘fixing’ Bitcoin, it’s about expanding what it can do without compromising what makes it great. The key is making it simple enough for real adoption. If done right, it’s less about adding complexity and more about unlocking Bitcoin’s full potential.

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I’ve been in this space long enough to see narratives come and go. First, it was ICOs, then DeFi, then NFTs, then AI tokens. each one claiming to be the next big thing. But one thing that’s always stuck with me is Bitcoin’s dominance, No matter what happens, BTC remains king....
One of the things that matters the most in any project is their investors and how much liquidity they put in. Basically a project with a lot of core investors who are not looking to make quick profit from that network will definitely make the network a long term one.
On the other hand if they pull out too much from the network or they all have relatively the same drive to make it quick off the network it would be difficult too for growth to happen.
Exactly. Long-term conviction from core investors makes all the difference. Projects with real backing and deep liquidity tend to survive cycles, while hype-driven ones fade fast.

$AVL sitting at $2B TVL shows there’s real weight behind it, not just a quick cash grab. But the real test is whether that liquidity stays and keeps growing. If it does, BTC-backed finance might not just be a trend, but a real shift.

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In my opinion, we are complicating things, we are creating more problems and complications with each improvement attempt, so in my opinion it is better to keep things as they are and not add more complications.

For example, the Bitcoin Lightning Network solutions that were created to avoid high fees and speed up transactions, what has happened so far? These solutions seemed complicated to many users who preferred to stay on the main network, and the Bitcoin Lightning Network was not very popular.

I believe that the same fate will face financial lending projects backed by Bitcoin.
Fair take. No doubt, adding layers to Bitcoin has always been tricky, Lightning is a great example of how adoption isn’t just about tech but also user willingness.

That said, ignoring BTC-backed finance entirely feels like leaving money on the table. With $2B TVL already locked in, clearly, there’s demand. The real question is can these platforms make it seamless enough that people actually use them? If they do, we might be looking at something bigger than just another DeFi experiment.

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Bitcoin Forum / Bitcoin Isn’t Broken~So Why Are We Trying to Fix It?
« on: March 05, 2025, 03:35:09 PM »
I’ve been in this space long enough to see narratives come and go. First, it was ICOs, then DeFi, then NFTs, then AI tokens. each one claiming to be the next big thing. But one thing that’s always stuck with me is Bitcoin’s dominance, No matter what happens, BTC remains king.

Lately, I’ve been looking into Bitcoin-backed finance lending, stablecoins, and yield backed by BTC. Some say it’s the next evolution, others think it’s just adding unnecessary complexity to something that already works.

I’ve also been reading up on some platforms experimenting with this concept, like Avalon Labs, which is building out a BTC-backed financial layer, but I’m still torn. Are we actually improving Bitcoin’s utility, or just overcomplicating things?

So what do you guys think? Are BTC-backed ecosystems a real path forward, or are we just complicating things for the sake of it?

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