as the L1 scales, it’s inevitable that activity returns to Mainnet most newer teams get enticed by chains that seem sexier, faster, and cheaper but there’s no place like home

We're distributing ownership of Cypher to those who mog APRs on the MOG/ETH pool are very high - naturally will adjust lower as the pool fills up + please do not ape instantly if you're not familiar with providing concentrated liquidity btw, any thoughts on the mog coin etf?

Every dollar of value we generate means so much more when we're deliberately starting from 0 - no private money raised - 70% of supply to the community - all value back to the users - only focused on ETH L1 We're so early

The average Remilio who was using BTC 10 years ago to buy drugs on Silk Road and now avoids taxes with XMR and Tornado Cash to keep his entire networth in ETH is actually more cypherpunk than the soy nerds who sit on twitter writing threads about alignment Remilio

Some argue that buybacks distract from growth But if your token incentivises protocol use, then increasing its value directly expands your capacity to scale Just bcos it's simple doesn't mean it's easy: create a product people want to use & a token they genuinely want to hold

Nothing can stop this Remilio

Not bad numbers considering this is the worst market environment of the year to launch But it’s nothing compared to where we’re going Cypher will create real value for ETH L1 users and builders, setting the blueprint for a fully community-owned protocol

Building a new AMM or launch platform isn’t rocket science The hard part is putting it in a product highly optimized for L1, doing it without raising VC money, designing the economics so all value goes back to users & builders It’s difficult but that’s why it’s worth doing

Ethereum supercycle is upon us

I am optimistic about the future and thrive on fearful & bearish sentiment This is when the magic happens Remilio

At first glance @cypher_ethereum looks like just a spot DEX, but that's only one part of the full platform We need liquidity infra to roll out the Capital Markets & L1 ecosystem products By owning the entire stack we can give value back to users + it's bespoke to what we need

Unironically this is the best time to actually build something When you know you won’t stop until it succeeds, regardless of market conditions or sentiment, moments like this become the most valuable opportunities to position for Remilio

The vision is clear, we must make ETH L1 mog all other chains Remilio

We deliberately turned down private funding at a much higher valuation because distribution and tokenomics were never an afterthought it's not enough that we have a good product, it needs to be built for and owned by the community we only win if we bring everyone else with us

We've hit >$4m liquidity in just a couple days, but the Genesis Pools can handle much more TVL The yields are so high because: - it's early and pools are still filling up - we want to distribute ownership to the first users - bootstrapping TVL unlocks future products Remilio

We’re going to make ETH L1 mog Remilio

the entire purpose of Genesis Pools is to distribute owernship to the actual users of ETH L1 providing concentrated liquidity is admittedly quite difficult if you've never done it before, that's why we're also giving rewards to swaps literally just swap to earn points

It was real

We spent the past 3 years building one of the largest L2 DEXs & now it's time to come home As L1 scales, it needs infrastructure focused on its native ecosystem Cypher is the only community-owned protocol to raise onchain, launch, and trade. Purpose-built for L1.

Cypher is a high conviction bet on the L1 scaling roadmap, fully complementary to L2s As the ecosystem expands, builders need a path for native token issuance on L1 before bridging cross-chain into L2s Ethereum Capital Markets