# DeFi — X 热门讨论 (2026-09-23 03:31 UTC)
## @ox_reyy (Defi Rey 👑) · 09-22 22:09 · ♥72 ↻5 💬52 gn ct
trust tomorrow will be better 💪🏾❤️ https://t.co/MyxOlRCkky https://x.com/ox_reyy/status/2102520712263057618
## @DamiDefi (Dami-Defi) · 09-22 21:41 · ♥98 ↻11 💬14 Which coin are you most embarrassed to still be holding?
Be honest. https://x.com/DamiDefi/status/2102513519325528238
## @CoreNews_2 (Pi Update) · 09-23 02:04 · ♥101 ↻8 💬5 💬 PIONEERS — What's the first thing you'll do when Pi's DeFi gateway goes live? 💧
BREAKING: Onramp Money just teased a major upgrade to their Pi DeFi gateway. 🚀
"Pi DeFi gateway: upgraded. Stay tuned."
With v27 landing on Mainnet in just 3–4 days, the timing is no coincidence. DeFi is coming. Smart contracts. Liquidity pools. Real utility.
The ecosystem partners are preparing. The infrastructure is ready. The gateway is opening.
Are you ready for Pi DeFi? 😎 https://x.com/CoreNews_2/status/2102579908387938704
## @Defi_Rocketeer (Defi Rocketeer) · 09-22 18:22 · ♥81 ↻9 💬22 BNB memes have a lot going for them right now
CZ clearly wants BNB Chain to have its own breakout period like Robinhood once did, so memes becoming a major focus here wouldn’t be surprising.
Right now mubarak:native is leading, while $BROCCOLI, $4 and test-3:native are starting to follow.
Momentum is back, structure looks better, and attention is in the right place.
Not sure how far this wave can go, but while everything is lining up, I’m not taking my eyes off this basket.
NFA. > 引用 @Defi_Rocketeer: $4 is reacting the strongest today, while test-3:native and mubarak:native are still holding pretty nice structure
Right now:
> $4 +45% > czs-dog:native +20% > mubarak:native +12% > test-3:native +8%
momentum is starting to come back across the whole basket.
not sure how far this round can go, but the setup looks good.
BNB meme rotation doesn’t look done yet.
still watching. NFA. https://x.com/Defi_Rocketeer/status/2102463568990162966
## @DoveyWanCN (Dovey "Rug The CNY" Wan🪐) · 09-23 01:00 · ♥76 ↻3 💬7 Tony Wu小哥哥7000万美金买下Hillsborough挂牌很久的超级大mansion 后在给了半岛和SF地产界一剂巨大的春药. (个人觉得是湾区最好看的mansion没有之一, 房主真的花了无数心力去建这个mansion感兴趣的可以看看这个房子历史)
Perceived wealth 真的是个很有意思的事儿 , 每个cycle都深有感触 (经历过的一个半互联网cycle, 两个ai cycle, 四个crypto cycle) 中美的有不太一样的地方, 这里主要说美国的每次科技繁荣时候的「纸面财富」从消费的驱动力角度谈谈
消费的三个驱动力无非: 资产 (perceived wealth, can be liquid or illiquid), 收入(income, 现阶段可支配的现金), 信心 (confidence, 对未来的预期)
几乎每次bubble接近顶部的时候都有extravagant spending from new money, 以及带来的区域性的超级夸张的购买力. 美国整体的房价基本是平的, 而且很多区域都跌的很厉害, supply远远大于demand (图2) 但是SF房价过去一年几乎50%+ 特别是500万到1000万美金区间的房子, 涨的最厉害; 在A/和OAI上市前应该还有一波加速. extravagant spending在crypto更直接, 主要体现也是每次new rich, 不管是14年的bitcoiner, 还是17年的eth & ICO whales, 然后20的defi whales 和24年的meme lords, 几乎每次都有某某founder大游艇大mansion的新闻. 并且伴随rolex和ap的二级市场的一波拉升, 很有意思. 我现在还会用ap和rm的二手价格来做一个ultra new money creation index (rolex现在太大众且流通很充裕, 不太好做indicator)
美国的「纸面财富」还有一大麻烦就是税, 譬如Tony小哥买房应该不会蠢到去把手上的SpaceX 股票卖了去买房, 大概率还是抵押置换, 都是基操; 当然这是已经有流动性之后的好的结果. A/B/C轮加入员工很多时候要负担巨大的「纸面财富」风险, 因为A轮之前的一般有83b early exercise 都是超季低的FMV行权价, preIPO加入的都是double rigger RSU, 但是中间轮次拿option的可能要面临估值涨的很快, 但是还是option, 所以离职的时候要行权的话自己要交税. 硅谷有很多做股权抵押的借款机构, 专门做tax loan. 很多当年当红炸子鸡 (譬如Houzz, 譬如WeWork 譬如OpenSea, 还有无数死在沙滩上的高估值公司) 的员工离职还因为这个欠了一屁股债 - 因为他们离职的时候要考虑要不要行权, 行权的话就要按照当时的409A估值交税, 因为相信公司的未来当然要做 🤣 最近几年的secondary市场红火起来了, tender offer也变得越来越普遍, 提前破产的概率应该没原来大了, 对员工来说是好事儿
未来工资在消费中的驱动力占比, 特别是提前消费和非必要消费, 应该越来越不重要. 全球K型曲线都在加速分化, 中国看到的情况是完全相反, 资产/收入/信心都被triple killed, 社零社融都稀巴烂. 然后为了政府创收倒追税收政策 (retroactive tax) 其实变相上是紧缩...
2020年真的是个beginning of the end, 这个十年真的太精彩了 https://x.com/DoveyWanCN/status/2102563673168613543