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Your Follower Count Is Not Your Worth (But Your Bag Is Cute): GM Farcaster ep292 with @mintedmerch

Your Follower Count Is Not Your Worth (But Your Bag Is Cute): GM Farcaster ep292 Monday, September 29,2025 with @mintedmerch  TL:DR 🤖Clankcaster Monday kicked off with chaotic clanksand an updated intro/outro 🔔 Farcaster news covered Sky Castle debates, PlayLARP fantasy crypto, and Emerge workflows 🎮 Weekend was dominated by Bracky’s sports takeover 🏈 Follower count drama sparked hot takesabout worth vs. metrics 📉 Minted Merch crew joined to show off custom bags, shirts, and more 👜  From our ChatGPT intern: GM Farcaster Monday morning circus: the hosts forgot half their props, Prof broadcasted from a glass fishbowl of a clubhouse while dodging fire alarms, and they christened the first-ever “Clankcaster Monday” with chaotic clanks, follower-count therapy, and a cameo by the Minted Merch crew. In short: it’s Farcaster news mixed with sports recaps, crypto gossip, and existential debates about whether losing followers makes you enlightened or just confused—wrapped up in a bag ofmerch and the sound of clanking metal.   Full Show Notes and Links on YouTube   Copyright 2025 cc-by GM Farcaster - reuse/remix allowed with attribution and link back to GMFarcaster.com.  NOTE: Cryptocurrencies are often volatile assets. Nothing in this episode should be considered financial advice and is for educational and entertainment purposes. Nothing should beconsidered investment advice, nor solicitation to buy or sell any assets. NFA, DYOR.  Chapters: 0:00:00 GM 0:05:28 FC News0:30:15 Clanker News0:31:56 MintedMerch1:08:54 fun on the timline

The Chopping Block: USDH Bake-off—Native Markets, Validators & the “Beauty Contest” Debate

Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest in crypto. This week, we’re joined by Guy founder of Ethena as a special guest, as a single ticker (USDH) sparked a weeklong spectacle: Hyperliquid’s “Bake-off” to award the USDH stablecoin brand. Native Markets surged ahead as validators signaled support, Paxos rallied late with partners and incentives, and Ethena ultimately withdrew. Was this always a vibes‑based beauty contest, or a deliberate move to pressure Circle and re‑route bridge yield? We parse the incentives, the governance, and the market microstructure — and peek at what happens if every big chain/app tries the “native stablecoin” playbook. Show highlights 🔹 Hyperliquid RFP, Explained — Validators signaled early; stakers could migrate; the USDH “ticker” confers no explicit fee rights, yet bidders offered huge economics. 🔹 Why Native Won — “Vibes-based beauty contest”: homegrown team fit the HL ethos; speed, alignment, and community trust trumped external credentials. 🔹 Paxos Allegation — Late claim of validator bribery surfaced; Paxos denied; no receipts provided; underscores governance fragility to extra‑protocol incentives. 🔹 The Real Prize — Bridge control & yield capture (+ tail‑risk management) mattered more than a brand: even a “just a ticker” beachhead can evolve to real economics. 🔹 Masterstroke Marketing — The public Bake-off dragged every major issuer onstage, boosting HL mindshare and potential leverage in any USDC negotiation. 🔹 Open vs. Closed — If you want a native team, say so; calling it an “RFP” for service providers while preferring insiders created dissonance and drama. 🔹 Odds vs. Votes — Polymarket odds rapidly converged on Native despite splashy rival bids—perception and validator reality diverged from Twitter takes. 🔹 Issuer Margins Compress — Public bids commoditize stablecoin issuance; expect 5–15 bps “asset‑manager” style economics unless you’re Tether‑scale. 🔹 App/Chain Rent Wars — Who captures the float? Apps, wallets, and chains will increasingly demand economics for distribution; UX and liquidity fragmentation loom. 🔹 Liquidity Gotchas — Forcing a nonstandard stable can impair quotes vs. USDT pairs elsewhere; exchanges risk killing their golden goose to save a few bps.

The Silent Revolution: How Enscribe Is Making Ethereum Safer for Everyone

In this episode, we’re exploring the fascinating world of ENS-powered contract naming with Conor, the founder behind Enscribe. Conor takes us through his journey from discovering Ethereum back in 2016, inspired by its “world computer” ethos and close ties to the open-source community, to launching pivotal projects like web3j and now Enscribe. Enscribe sets out with a bold mission: to eliminate confusing hex addresses from Ethereum's user experience and make interacting with smart contracts safer and more human-friendly through recognizable names. We discuss the technical challenges of contract naming, the slow but steady adoption across the ecosystem, and the powerful impact this seemingly simple innovation can have—improving trust, usability, and the everyday crypto experience. Conor also sheds light on how integrating ENS with existing contract deployment tools could make it easier for developers to bring this to the mainstream, and we touch on the potential for DAOs and public goods funding to help drive adoption. 00:00 "Discovering Ethereum: A Tech Journey" 04:05 "Journey from Mining to Web3" 07:52 Innovating Beyond Established Block Explorers 12:01 "Digital Verification and Authenticity" 15:14 "Name Your Contracts Initiative" 18:52 ENS Name Resolution Challenges 22:47 Automating Naming in ENS Deployment 26:19 Streamlining Token Launch with ENS Integration 28:32 Ethereum's Decentralization vs. Super Apps 35:18 ENS Ecosystem Funding Initiatives 40:24 Subdomains: Untapped Potential in Communities 44:35 Enhancing Smart Contract Verification 48:21 Enhancing ENS for Safer Contracts 50:36 Trust Signals Beyond Audits 54:17 Careful Expansion of ENS Initiative 57:30 Pakistani Cuisine in London Links Mentioned: Twitter (https://x.com/enscribe_) Website (https://www.enscribe.xyz/) Incentive Campaign (https://discuss.ens.domains/t/temp-check-ens-contract-naming-season/21402) ___ CastOff/Episode Discussion, here (https://t.me/+oy6j0NBQObsyZjEx). Support the show (https://hypersub.withfabric.xyz/s/onchainalien) Want to give me feedback on this podcast? Please click here (https://tally.so/r/3NpGqW).

Better Than CEX: DeFi.App Reimagines A DeFi-Native Robinhood

Dan Greer is the CoFounder at Defi.App. In this episode, we discuss Dan's vision to simplify the user experience in decentralized finance, offering a Robinhood-style onchain platform. He shares his insights on the importance of creating a centralized exchange-like UX while maintaining the benefits of self-sovereignty and decentralization, complete with KYC-less access and next-gen trading tools like Hyperliquid perps. Plus, more on their upcoming mobile app (currently in beta) and their AI integration designed to assist users in perps trading. ------ 🔗 Essential Show Links 🔗 ► Newsletter: https://the-edge.xyz ► Youtube: https://youtube.com/@DeFiDad ► Apple: https://tinyurl.com/edgepod ► Spotify: https://tinyurl.com/edgepodspotify ► Linktree: https://linktr.ee/edge_pod ► Follow DeFi Dad: https://x.com/DeFi_Dad ► Follow Nomatic: https://x.com/Nomaticcap ► Learn DeFi: http://defidad.com/ ------ The Edge Podcast Sponsor Resources ♦️⁠ REDSTONE⁠ | THE LEADING MODULAR BLOCKCHAIN ORACLE https://www.redstone.finance/ ♉︎ TOROS | EXPONENTIAL GAINS WITH LEVERAGED TOKENS https://toros.finance/ 🥞 SYRUPUSDC BY MAPLE | DEFI'S PREMIUM YIELD ASSET https://app.maple.finance/earn?referral=Mig0gHP59IYC 🦅 ⁠FALCON⁠ | OVERCOLLATERIZED SYNTHETIC DOLLAR - POINTS PROGRAM NOW LIVE https://app.falcon.finance?r=0ec4ccafcd94a7756710278ebfd7dd4b ⚡ ⁠SPARK⁠ | THE ONCHAIN CAPITAL ALLOCATOR https://link.spark.fi/Defi_Dad 🏦 MANTLE | INNOVATING THE FUTURE OF ONCHAIN FINANCE https://group.mantle.xyz/ ⚙️ GEARBOX PROTOCOL | ONCHAIN LENDING REIMAGINED https://gearbox.fi/ 🐡⁠ PUFFER INSTITUTIONAL | STAKING SOLUTIONS FOR INSTITUTIONAL SCALE https://institutional.puffer.fi/ 📈⁠ RUMPEL⁠ | TURN POINTS INTO PROFITS https://www.rumpel.xyz/ ------ Timestamps 0:00 - Intro 6:05 - The vision behind Defi.App 10:11 - The benefits of accessing DeFi onchain vs a CEX 16:01 - Competing with wallet providers 20:25 - Target market for Defi.App 24:20 - Balancing curation vs access in the DeFi UX 28:28 - Sponsor break 29:39 - Future development for lending and borrowing 37:53 - Fiat on-ramping UX 40:26 - User journey through Defi.App 45:22 - Sponsor break 46:47 - Hyperliquid perps trading and mobile app for trading 52:29 - HOME buybacks, staking + Season 2 airdrop 54:42 - AI-supercharged trading coming soon 59:43 - Closing ------ 🔗 Guest Links 🔗 ► Defi.App website: https://defi.app/ ► Defi.App on X: https://x.com/defidotapp ► Dan Greer on X: https://x.com/0xuxdesign ------ All opinions expressed by hosts and podcast guests are solely their own opinions. Podcast guests and hosts may have positions in the assets or other matters discussed in this podcast. DeFi Dad and Nomatic are investors in DeFi.App. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.

"Ethereum is Power to the People" with Jason Chaskin from the Ethereum Foundation | ZEROPOD S3 E1

Jason Chaskin is the newly minted head of app relations at the Ethereum Foundation, and he joins ZEROPOD as our first guest of season 3!In this conversation, host Toady Hawk chats with Jason about his journey from the halls of high finance to the trenches of ETH hackathons, his new EF role helping apps survive and thrive, and why he believes that Ethereum is uniquely positioned to bring power back to the people. If you enjoy this episode, you can collect an onchain version right here and support our ongoing work. --- Timestamps: 00:00 Why Ethereum? Open networks vs Big Tech servers 02:00 Introducing Jason + his background 02:44 Growing up in Connecticut, sports & early life 03:29 College years at Illinois, studying finance 07:00 First exposure to crypto during the ICO era 08:54 Corporate banking and investment banking disillusionment 11:30 Discovering crypto podcasts & influences 13:01 COVID money-printing → aha moment for Bitcoin & Ethereum 14:13 Entering NFTs and first onchain experiences 15:05 Learning to code + ETH Global hackathons 16:33 How Jason taught himself (CS50, Patrick Collins course) 17:22 Pivot point: job applications & rejection at Privy 18:18 Blogging, Farcaster channels, and breaking into EF 21:59 Landing a role with the Ethereum Foundation 22:42 Announcing his new role: Apps Relations & Research 24:59 What the new EF focus means for apps & use cases 27:03 Why stablecoins on Tron succeeded & lessons for ETH 30:03 Should Ethereum fight for stablecoin market share? 32:11 The bull case for apps on Ethereum 34:43 Vitalik’s vision, decentralization, and values 39:23 Are stablecoins bullish or bearish for Ethereum? 40:29 Favorite Vitalik blog posts + public goods funding 46:01 Why Ethereum is a counterbalance to centralization 49:41 Competition with Solana & L1 debates 53:10 Are L2s parasitic to Ethereum? 57:12 EF’s L1 vs L2 scaling roadmap explained 59:59 What new blockspace should be used for (apps, experiments) 1:01:21 Bull case for Farcaster & community building 1:03:50 Thoughts on Nouns DAO and funding public goods 1:09:37 Ethereum’s biggest challenges ahead 1:12:49 EF restructuring and adapting to regulation 1:16:28 Why EF is leaning into ecosystem support & comms 1:18:54 Reflections on FTX, regulation, and industry reputation 1:19:41 Looking ahead to 2025: apps, stablecoins, institutions 1:21:49 Lightning Round Q&A (food, music, hobbies, books, travel, inspirations) 1:28:06 Closing thoughts --- Podcast produced, edited and hosted by Toady Hawk. Zero Rights Reserved and Open Source (Just like Ethereum)Cover art commissioned from the talented @0xAprilia Funding provided by The Yellow Collective on Base, an onchain culture club for curious creators and artists. Find out more at yellowcollective.xyz.

YIELD TALKS: Ethena’s Grand Vision and How Teams Like InfiniFi Are Bringing It To Life

Conor Ryder is the Head of Research at Ethena Labs and Rob Montgomery is the Founder of InfiniFi Labs. In this episode, we catch up on the latest news surrounding Ethena’s explosive growth scaling USDe and sUSDe, including how teams like InfiniFi are scaling yield strategies powered by underlying USDe/sUSDe. Plus, new details on Ethena’s upcoming L2 Converge and their recently announced ENA treasury vehicle, StablecoinX. ------ 🔗 Essential Show Links 🔗 ► Newsletter: https://the-edge.xyz ► Youtube: https://youtube.com/@DeFiDad ► Apple: https://tinyurl.com/edgepod ► Spotify: https://tinyurl.com/edgepodspotify ► Linktree: https://linktr.ee/edge_pod ► Follow DeFi Dad: https://x.com/DeFi_Dad ► Follow Nomatic: https://x.com/Nomaticcap ► Learn DeFi: http://defidad.com/ ------ The Edge Podcast Sponsor Resources ♦️⁠ REDSTONE⁠ | THE LEADING MODULAR BLOCKCHAIN ORACLE https://www.redstone.finance/ 🥞 SYRUPUSDC BY MAPLE | DEFI'S PREMIUM YIELD ASSET https://app.maple.finance/earn?referral=Mig0gHP59IYC 🦅 ⁠FALCON⁠ | OVERCOLLATERIZED SYNTHETIC DOLLAR - POINTS PROGRAM NOW LIVE https://app.falcon.finance?r=0ec4ccafcd94a7756710278ebfd7dd4b ⚡ ⁠SPARK⁠ | THE ONCHAIN CAPITAL ALLOCATOR https://link.spark.fi/Defi_Dad 🏦 MANTLE | INNOVATING THE FUTURE OF ONCHAIN FINANCE https://group.mantle.xyz/ ⚙️ GEARBOX PROTOCOL | ONCHAIN LENDING REIMAGINED https://gearbox.fi/ 🐡⁠ PUFFER UNIFI⁠ | A BASED ROLLUP TO ETHEREUM WITH NATIVE YIELDS https://www.puffer.fi/unifi 📈⁠ RUMPEL⁠ | TURN POINTS INTO PROFITS https://www.rumpel.xyz/ ------ Timestamps 0:00 - Intro 1:29 - The state of Ethena 4:29 - Sponsor break 6:42 - Importance of funding rates fueling Ethena’s growth 8:42 - What is InfiniFi? 11:00 - What happens when Ethena PTs, backing siUSD, mature? 13:46 - How does InfiniFi offer a better yield for sUSDe holders? 20:30 - What is Ethena’s Converge L2? 25:09 - Ethena’s grand vision is coming together 27:34 - Securitize partnership with Converge 28:17 - Sponsor break 30:34 - StablecoinX, an ENA treasury company 36:37 - Closing ------ 🔗 Guest Links 🔗 ► Ethena website: https://ethena.fi/ ► InfiniFi website: https://infinifi.xyz/ ► Ethena on X: https://x.com/ethena_labs ► InfiniFi on X: https://x.com/infiniFi_ ► Conor Ryder on X: https://x.com/ConorRyder ► Rob on X: https://x.com/RobAnon94 ------ All opinions expressed by hosts and podcast guests are solely their own opinions. Podcast guests and hosts may have positions in the assets or other matters discussed in this podcast. DeFi Dad and Nomatic are investors in Ethena and InfiniFi. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.