Today we had an episode of Monad In The Morning, and below I put together a summary of the main topics that were covered in the show.
P.S. I used an AI to help me with this summary, and I believe the result turned out better with its assistance.
PART 01
News and Updates
Fundraising: Apriori (liquid staking) raised $20M, reaching a total of $30M — with an estimated $120M+ in funding across the Monad ecosystem.
New L1 launches: Google announced its own L1, following in the footsteps of Stripe and Circle.
Partnerships: Curve Finance confirmed it will be live on day 1 of Monad mainnet, and it’s already running on Testnet.
Key Discussions
Curve Wars:
The veCRV model lets users who lock CRV for up to 4 years gain voting power to decide which liquidity pools get more rewards. This created the so-called Curve Wars, where many projects competed by buying and locking CRV to direct emissions to their own pools and attract liquidity.
Stablecoins:
Many new stablecoins are emerging, but for end users it often makes little difference which one they use.
Curve plays a key role in consolidating liquidity and keeping swaps efficient.
Advice for Beginners:
“Don’t short.” — Martin’s core advice, warning against shorting crypto due to the huge risk of liquidation.
Instead, it’s better to focus on learning, providing liquidity, or participating constructively in the ecosystem.
PART 02
Fans3 AI and GoonFi
They discussed Fans3 AI, comparing it to the early days of the internet when adult content was the first real product market fit.
The term “GoonFi” was used to describe this kind of bizarre hype.
They even compared it to Elon Musk pushing waifu content on Grok.
OnlyFans’ monthly revenue is 6x larger than Hyperliquid’s.
Prediction Markets
Funny example raised: “Will Taylor Swift be pregnant in 2025?”
Swifties (superfans) already make conspiracy theories by analyzing numbers in her songs → they could monetize that knowledge through prediction markets.
Reflection: people want to speculate in areas where they feel they have an edge (fanbases, fandoms, niche interests).
Debate: will prediction markets become specialized appchains, or evolve into a single large general-purpose market?
Other Topics
Those who already have a Monad card can nominate others → sometimes even people who don’t know they hold a card yet.
They discussed whether testnet users have an informational advantage, since they already know dApps like Kuru, Purple, Curvance, Kizzy, etc., and can join their communities early.
Final Tips
Fitz: Talk to testnet app teams and become a beta tester; it gives you an edge and could even lead to job opportunities.
Bill Monday: Don’t let hype go to your head; be kind to the community, because the bear cycle always comes back.
Tunes: If something goes wrong, just blame John W. Rich Kid.
