与「RAXFinance」相关的搜索结果

.@RaxFinance × @dgrid_ai Official Collaboration Campaign 🚀 📅 Event Period: June 9 – June 23 Join the RAX waitlist and register on DGrid to unlock double rewards: 🎁 2 USDT DGrid Credits — distributed after the campaign ends 🎁 2 Unboxing Opportunities — distributed after the campaign ends ⚡ Early Bird Bonus: The first 100 eligible participants will receive 5 Unboxing Opportunities! 🔗 Entry Link: 🎯 Task Name: 📅 Rax X DGrid Campaign 💥 Want even more rewards? The most active users in the DGrid AI Arena — voting, comparing models, and contributing feedback — will be eligible for additional DGrid Credit bonuses.

这几天📉了也好，补了不少e！不服就干和时间做朋友，14年到现在多熬个3年⌚️又能怎么样？跌了又不是不涨，就怕哪天暴涨的时候你发现你手里的u没花出去还跌没了，要不然就是冲meme玩合约子弹都被你消耗没了！ 子弹无限，掏meme掏合约，赚了要知道囤现货或者直接给我出金去享受生活！这个大赌场最难的不是赚多少，而是你永远走不出去，螺旋死亡！ 最近base @cnBaseCommunity @base 是不是比sol和bsc💎一点？ 我之前选了几个base标地的token还有硬核erc主网的，叙事应用热度都还ok也算长持了： 1️⃣ $LFI @lienfiapp 看到100m！ ca: 0x3722264ab15a1dfce5a5af89e6547f7949a8aba3 2️⃣ $aeon @aeonframework 拿稳就对了！ ca: 0xbf8e8f0e8866a7052f948c16508644347c57aba3 3️⃣ $capacitr @capacitr_xyz 舆情监控的工具，创始人有点料 @AtownBrown 拿一拿没啥太大问题！ ca: 0x65f8152809dd1fc0d5d8a345c9008d37b95f9ba3 4️⃣ $MiroShark @miroshark_ AI 社会模拟器搞搞吧说不定也能上个10m ！ ca： 0xd7bc6a05a56655fb2052f742b012d1dfd66e1ba3 5️⃣另外可以考虑埋伏下 ethereum:0x999b49c0d1612e619a4a4f6280733184da025108 一直补着，等着 @MichaelHirsch 到老虎机让大家玩到爽！如果一旦发布持有币一定数量可以空投nft，我想币价会卷到几倍都有可能！坚定持有下！ ca： 0x999b49c0d1612e619a4a4f6280733184da025108 6️⃣@arc 注册了下， 7️⃣@RaxFinance 继续带着做，每天打卡别忘记！

AI infrastructure is scaling globally. Hyperscalers (Microsoft, Amazon, Google, Meta and others) are on track for roughly $765 billion in annual AI-related CapEx in 2026 alone, with cumulative AI data center capital expenditures projected to reach $5.2 trillion by 2030 in the base case (and up to $7.9 trillion in accelerated scenarios), according to McKinsey (March 2026). The global AI data center market itself is expected to grow from $147 billion in 2025 to $811 billion by 2033 at a CAGR of 23.9%, per Grand View Research. Meanwhile, global data center electricity consumption hit ~485 TWh in 2025 (up 17% YoY) and is projected to roughly double to ~950 TWh by 2030, with AI-focused facilities growing even faster (IEA, April 2026 report). The financial layer around it is still early. Despite these trillions in required capital, the entire tokenized Real World Assets (RWA) market (excluding stablecoins) stands at only ~$30–37.5 billion as of May 2026 — still tiny relative to the physical buildout and overwhelmingly dominated by traditional assets like Treasuries and private credit rather than AI compute, energy, or data centers ( and market reports, May 2026). As more compute, energy, and data infrastructure come online, new models for access, coordination, and capital formation may emerge on-chain. Rax Finance is exploring this direction by building a full-stack on-chain registry, metering, and settlement layer that tokenizes GPU capacity, data center power, and energy resources into verifiable, insured, yield-bearing RWAs — turning physical AI infrastructure into globally accessible, programmable assets. What are your thoughts on the future of AI infrastructure RWAs, Rax Fam? Would love to hear your ideas below 👇

MegaETH Economics Note 1 I want to start offering informal notes on the MegaETH economy so people can get a high-level view of what is going on. Please note all figures, tables, graphs, and commentary should be considered preliminary and not to be relied upon (including resolution of prediction markets). Since I wrote on the topic earlier, let’s kick off with an update on the USDM money supply. Full definitions of M0, M1, and M2 are at the bottom. We will ignore M3, since it isn’t relevant for now. April 30, 2026 (TGE Day) M0: ~60 million M1: ~360 million M2: N/A May 15, 2026 (Today) M0: ~51 million M1: ~653 million M2: N/A What we see so far is that USDM supply is overwhelmingly concentrated in Aave. Most of the M0 supply is in DEXes, serving as liquidity primarily on Kumbaya, World Markets, and Prism, in that order. The fall in M0 is appears to be driven by reduced LPing on those protocols, while the M1 supply grew quickly before leveling off at its current level. The main observed demand drivers look like looping USDe and for using USDM as a funding currency, since it can easily be converted to USDC and used to refinance higher-rate debt on other chains. Both appear to be at an equilibrium at the moment. I hesitate to make predictions, but if I were, I would expect M1 to consolidate around here until Aave or another lending protocol provide other offerings that would increase M1. There have been no collateral asset additions to Aave since USDe, and the rate environment on other chains has been settling down, reducing the demand to refinance foreign USDC debt into domestic USDM debt. It’s still early days on MegaETH, so as more apps come online - in particular DeFi apps - I would expect considerable movements in both M0 and M1 supply. It will take deployment of a protocol with time deposits before we begin to see any real difference between M2 and M1. M2 showing up will mean a structured credit market is beginning to develop. I’ll close by noting that the core strengths of MegaETH’s app portfolio at launch have been consumer-facing financial entertainment apps that don’t directly impact the USDM money supply, but increase the velocity of USDM. Given the unexpectedly large monetary base of USDM out of the starting gate, it won’t make discussion of the *overall* USDM velocity of money very high, but are producing legitimate MegaETH GDP. I’ll try to track GDP directly as it grows in relation to the monetary base. Definitions: M0 consists of USDM held by the public outside of deposit-taking protocols, centralized exchanges, and companies M1 consists of 1) M0, 2) demand deposits denominated in USDM at deposit-taking protocols, centralized exchanges, and companies, and (3) other liquid deposits, consisting of Other Checkable Deposits and savings deposits (including money market deposit accounts) M2 consists of (1) M1, (2) time deposits and maturing assets (<6 months) denominated in USDM

《躺在资本主义制度上吸血的好公司》 傻哥近几天在看各种美股投资thesis，还有好多没有琢磨明白。 今天就把标普全球的投资笔记分享给大家。 标普全球是何许人也？就是标普指数的东家啊。 不仅标普是他们家的，连道琼斯指数也是他们家的。 做啥业务的呢？ Ratings（评级 - 利润率最高） Market Intelligence（数据情报） Indices（指数 - 增速最快） Energy（能源数据 - 原 Commodity Insights） Mobility（汽车- 即将 2026 年中分拆） 护城河极强： (1) 165 年品牌（无法复制） ； (2) 评级双寡头 - 与 Moody's 共占 80% 市场（30年来未变） ； (3) S&P 500 已成为"基准"（数万亿被动投资挂钩） ； (4) 监管壁垒（NRSRO 牌照 - 全球仅 ~10 家） ； (5) 路径依赖 + 切换成本（所有金融机构 =Bloomberg + Capital IQ） ； (6) 165 年数据资产（历史回测 +信用模型不可复制） ； (7) AI 也蹭到了（监管要求"权威性"评级 + Titn AI 平台） 傻哥做个判断： 1、SPGI 与 Visa/Mastercard 是同一类商业模式 - "协调费收割机" 2、回购和股息，占据77%的资本支出。是为股东利益服务的公司啊 3、整体增长一负一正，还可以的。 4、目前估值有-14%折价的，相对于长期PE而言。 5、巴菲特持仓 MCO 13%（24M 股 - 持有多年）但从未持仓 SPGI。 原因可能：MCO 更纯粹（95% 评级 vs SPGI 5 合 1） 6、金融市场秩序制定者； 7、五大块业务，还有二手车和能源业务，整体比较杂，稀释了主营业务。 8、王炸业务：指数+信用评级业务+市场数据情报业务，三代王炸业务。 9、其他三个业务都是王炸，并购个破二手车业务，哎。 10、信用评级业务是经济顺周期业务，扩张期企业就会开始借钱了。 11、信用评级是经常性业务，企业一旦refinance，都需要评级 总结下： 标普全球是典型的好公司，是躺在资本主义制度上吸血的好公司。 这种公司，只要价格不是特别高，买了能长拿 EASY

I’ve seen some confusion about USDM supply, which is dropping on many dashboards. TLDR; this is healthy for a new ecosystem right now. But the explanation is long (although not complex): We always talk about “money” as if that’s a simple definition but economists have multiple definitions, each measuring a different set of assets considered part of the money supply. You may have heard terms like M1 money supply or M3 money supply if you read financial news a lot or took economics in school. At the bottom of the stack, the narrowest definition is M0 (which stablecoin issuer @m0 takes its name from). This is physical currency + your banks’ balance at the central bank. ⬆️ This is what most dashboards will show you for a stablecoin’s supply, because it’s relatively easy to count. Just add up the tokens, and of course central banks aren’t generally holding untokenized balances at Circle or Tether or Paxos. While this is a useful number, it excludes most of what we would in everyday usage call “money”. M1 is the next layer in the money stack, and includes M0 + demand deposits. When you say you have $500 in your checking account, you’re including M1 in your definition of money. ⬆️ This is where a deposit into @aave, @Morpho, or other short-term markets sits in the money stack. Quickly going through the other layers for your own curiosity: M2 = M1 + savings accounts + money market funds M3 = M2 + time deposits + repo agreements + short-term debt (usually up to 2 years) As of today, the M1 supply of USDM > M0 supply. Generally this is always the case with any currency, since it is what happens when fractional reserve lending, like on Aave, Morpho, Euler, Compound, or a traditional bank occurs. In the case of USDM, the M0 supply has shrunk while M1 has continued to grow. And remember that M1 cannot unwind without M0 (but can persist without it as long as the debt is healthy). This is due to a cross-chain carry trade. USDM has become a more attractive funding currency than USDC, and debt is being refinanced. This should be good news to those worried about USDM demand being purely for looping on the MegaETH Aave - it’s a second use case. Because Aave rates rise as utilization increases, at some point USDM will cease to be a good funding currency, and we’ll be at an equilibrium. This is growing pain of a healthy path for a new stablecoin (what’s the alternative, that no one wants to even borrow it?) - and is mostly a function of concentration on the Aave market. As USDM is accepted into other apps and another lender or three steps in for a piece of the market, I would anticipate less volatility in M0 supply of USDM, while M1 continues to grow at a more sustainable pace.

I’m long $SIVE at $140M. I believe this is the next $LITE that markets and institutions missed. $SIVE makes InP CW DFB lasers. Closest comparison is $LITE in the current EML laser bottleneck. But instead of supplying to Innolight/Eoptolink for current optical transceivers cycles. They supply the lasers to $POET Starlight, Ayar SuperNova. And others for the future CPO/silicon photonics architectures spearheaded by $NVDA. Current valuations make 0 sense to me personally. 

 $POET is advanced packaging for $SIVE type lasers… But $POET commands worth 11x+ more than the company making the laser itself?

 It’s feels like valuing a more advanced $FN (~$20B) packaging at $400B when $LITE is valued at $40B. 

 So now at $130m:

- - You have a likely mini $LITE like laser supplier to Marvell Celestial + hyperscalers through $POET. 

 - Laser supplier to Ayar ( $NVDA, $INTC ), though they do multi source with $LITE, Sumitomo, $MTSI. And other potential up and coming suppliers potentially like Lightmatter that they’ve name dropped (eg. Q2 2023 earnings). This is unconfirmed but supply chain BOM is confidential. 

 On top, for revenue, they expected $453M "pipeline next few years”. 

And, they have capacity expansion through WIN: “Win Semi foundry qualification in progress for volume production from Laser designs from Sivers." 

Sivers feels the silicon photonics/CPO version of $LITE, with actual rapidly growing customers like Celestial through $POET, Ayar, with more to come. 

I wouldn’t have liked it last year, but just 3 weeks ago, they refinanced all their debt successfully to $12M convertible loan (10.85%) and a $5M term loan (12%), which cleans up debt.

 It’s $17m total, which feels like nothing to US markets when $AAOI is doing a $500m ATMs every other week. Best of all, this is their pure play inp laser segment for silicon/photonics + cpo. 

Their Lidar segment is ramping up and they have $53-138M projected revenue coming in. 

Downside risk: 
- execution (as always) 
- dilution to scale up capacity to compete with $LITE and others. - $LITE, $COHR competition on scale after $NVDA just gave them $4B
- CPO ramp gets delayed. 

I have no clue how, $LWLG, a pre-revenue science project with $TSEM, is valued at $1B+ MC. 

Or how $POET, is worth ~9-10x more than its laser supplier. 

 When $SIVE, the mini $LITE equivalent for CPO/Silicon photonics, is valued at $140M. I do believe this is largely undiscovered by institutions, since this is some random company in OMX Nordic Exchange (similar to micro $AXTI before I started posting about the inp substrate bottleneck). 

 But I do think it will get a lot of institutional attention as Celestial and Ayar scale up. Especially if $POET and $SIVE gets qualified with other customers. 

 If CPO completely replaces pluggable transceivers in the next generation of hyperscaler architectures. Sivers, with possible WIN Semi qualifcation and if they become the multi-source lasers for NVIDIA, Marvell, Intel, and Broadcom architectures, can be strongly rerated. Just as how $LITE did today going from $16 -> $622. This is just my personal thesis I'm sharing, DYOR/NFI. TLDR: InP Lasers are the current bottleneck in photonics as seen with $LITE valuations. 

 $SIVE looks like the mini $LITE for the upcoming CPO/Silicon Photonics ramp. 

I personally took long position in $SIVE, as I believe they’re a large beneficiary of the upcoming silicon photonic/CPO architectural changes by $NVDA (with GTC cataylst). 

 The upside here just way too compelling for me personally as the next possible $LITE.