We should bring back mining — but not in the way you think: The industry today is overwhelmed with tokens. Tens of thousands are launched daily. Alongside this, we’ve seen a shift in how tokens are distributed. Private markets dominate, memecoins flood public discourse, and many community members who aren’t insiders or pro snipers glued to dexscreener often feel left out of the value equation. It wasn’t always this way. Bitcoin and Ethereum didn’t just launch tokens; they created ecosystems. Their distribution models weren’t built on insider allocations or bot sniped ‘fair launches’, they were built on work. Somewhere along the way, we lost this. First of all, this isn’t a criticism of funding or investment, crypto ecosystems need capital to grow and can’t always rely on wealthy founders. But it is a criticism of how the overemphasis on financial contributions has created a bigger problem: the rise of lazy capital. Lazy capital is money that shows up, invests, and waits for returns without engaging with or adding real value to the ecosystem. Lazy capital may fund projects, but it doesn’t build communities. So, what if we could reimagine mining as a way to activate capital, not just monetary, but latent capital hidden in the ecosystem? One potential way to do this is if every token launch had a mining mechanism; a way for everyone, from VCs to community members, to earn tokens through real contributions? Here’s how it could work: 1. Segment Mining by Stakeholder Groups -> Investors: Allocate a fixed percentage of tokens for investors but make the rest only available through mining. If investors want a bigger stake, they need to earn it by contributing in some way shape or form; eg if they make an intro that was successful, that should be attested onchain and then awarded in allocation. -> Builders: Reward those who contribute technical expertise, build apps, or provide infrastructure. -> Community Members: Create pathways for evangelists, artists, and content creators to mine tokens by spreading awareness and driving engagement. It needs to be designed for meritocracy -> Bitcoin and Ethereum succeeded because they rewarded effort. Mining today can reward effort in new forms like building products, hosting events, or growing online communities. Onchain attestations will need to be used to back these up — a job for @eas_eth ? An example of how allocations could look: Team: 10% (to incentivize early contributors). Investors: 10% (with a cap and opportunities to mine more). Community Mining: 70% (to unlock latent capital and drive participation from all stakeholders + investors). Treasury: 10% (for long-term sustainability). 3. Enable Organic Price Discovery @cobie has pointed out how artificial valuations plague token launches today. Mining solves this. It allows for tokens to be earned, used, and valued in the open market, reflecting real demand which fosters healthier market dynamics. Crypto’s future depends on its ability to tap into the energy, creativity, and passion of its communities. Lazy capital doesn’t scale ecosystems—latent capital does. The ecosystems that design mechanisms to unlock and reward this latent capital will be the ones that endure. By bringing back mining, not as a technical process but as a community-driven framework, we can restore balance to token launches. Everyone from VCs, degens, artists, builders, evangelists should have the opportunity to contribute and earn in a fair, meritocratic system. Curious what you think!

Name & Symbol: Degen ($DEGEN)
Address: 0x4ed4e862860bed51a9570b96d89af5e1b0efefed

Sydney Sweeney reveals in an interview that her current favorite feature of Ethereum is PeerDAS. "gosh, i've been deep into ethereum dev for a while now, and i had shifted from proto-danksharding with kzg commitments to experimenting with full danksharding precursors as my main da layer for a couple of months because eip-4844 blobs were just better at offloading calldata costs and gave enough bandwidth for l2 rollups in the base layer without spiking fees to the moon. the validators also had a ton of bandwidth bottlenecks back then, but now i think the network is so back with peerdas in eip-7594. it has sampling efficiency almost on par with 2d reed-solomon erasure coding in full das, using custody games where peers only hold 1/8th of the blob columns and reconstruct via polynomial evaluations over finite fields—way more decentralized than those sketchy centralized da solutions like celestia or avail. so yeah, i'm thrilled to be back on ethereum l2s full-time. the scalability vibe is such an enjoyable experience, hitting 100k tps without breaking decentralization. i main peerdas now and still use proto-dank for tiny batches (i think it's stronger there for quick settlements)."

Name & Symbol: Avail (Wormhole) ($AVAIL)
Address: 0x39702843a6733932ec7ce0dde404e5a6dbd8c989

@Aave and @Morpho are industry leaders in DeFi But who has the stronger football team? We find out at @UniswapFND's @uniswapcup in BA https://t.co/YxbVzyAKs3

Name & Symbol: Morpho Token ($MORPHO)
Address: 0x58d97b57bb95320f9a05dc918aef65434969c2b2

it’s very important to me that the guest list is balanced between og’s and new builders i want the entire variety of crypto to be a part of this so please recommend people and i will genuinely consider everything, let’s do this together. the only limit is time and even that idc ill just sleep less also, the logo is done 🔒s/o to the goat @nloureiro

Name & Symbol: Goatseus Maximus ($GOAT)
Address: CzLSujWBLFsSjncfkh59rUFqvafWcY5tzedWJSuypump

Open Intents Framework -- endgame for intents-based interop across Ethereum 🪧 Modular, open source, integrates latest tech, & permissionlessly extends to any chain + secure, trustless settlement few big wins/updates from past few weeks: - audits for core contracts recently completed, h/t @lifiprotocol + @OpenZeppelin - The Compact from @Uniswap @z0age integration - Crosschain broadcaster from @OffchainLabs integration for trust-minimized settlement for OIF - PRs open for add'l oracles: @axelar, @chainlink, and @LayerZero_Core - Revamping ERC-7683 to rollout major improvements and better OIF support (h/t @AcrossProtocol + @frangio_) - @RelayProtocol and @Polymer_Labs joined as core contributors to OIF - OIF catalyst event at Edge City Patagonia (Nov 11-15) - Continued contributions and support across the ecosystem @hyperlane @DeFi_Wonderland @coinbase @ambire @rhinestonewtf @t1protocol

Name & Symbol: Hyperlane ($HYPER)
Address: 0xc9d23ed2adb0f551369946bd377f8644ce1ca5c4

i am very happy to see echo succeed for a simple reason: > my biggest bull case for the crypto industry is that it is the prime example of globalized opportunity, it doesn’t matter where you’re from, where you went to school, you just need to show up. but not everyone who works in and build this industry with their bare hands gets a chance to collect the upside of it. most opportunities only filter to the top, to the ones who have already made a name for themselves, it’s no longer the free open industry it once was. echo changes this. what this truly means though, at scale: > crypto allows for globalized funding > onchain allows for globalized accountability combine them together and you can build a platform that lets any business anywhere raise money from anyone anywhere. if successful, it brings the might of crypto’s ability to coordinate financial resources into the real world, such that anyone anywhere can now raise money. if successful, it can unlock what @balajis calls “dark talent.” you don’t need to have gone to Harvard and you don’t need to live in SF to get funded, you just need an idea that you can get the right audience (crypto native funders) to believe in, and you need an accountability platform to ensure you don’t rug them (echo). that latter part (“accountability”) is what I’m most interested in, I wonder if there’s a way where raised funds can only unlocked by teams once they hit certain provable metrics, have done some exploration on this in the past if anyone would like to chat. major congratulations to @cobie, this one is bigger than just crypto, the goal of expanding opportunity is a noble one and the impact will echo across the lives of the people that use it forever. ungatekeepio

Name & Symbol: Echo Protocol ($ECHO)
Address: 0x06238c1b8e618abedf17669228dc95fb2d2e210b

does @zora have streaming yet

Name & Symbol: Zora ($ZORA)
Address: 0x1111111111166b7fe7bd91427724b487980afc69