The Treasury Death Spiral: Why Protocol X Needs a Nuanced Bond Strategy, Not a Fire Sale
Over the past 30 days, Protocol X’s treasury reserves have dropped 40%—from...
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Greed
Market Sentiment
Team and early investor shares released
Block reward reduced to 3.125 BTC
92 million ARB released
Independent validator client goes live on mainnet
Improves data availability sampling efficiency
Circulating supply increases by about 2%
Block reward halving event
Raises validator limit and account abstraction
Bitcoin Season
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