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Decrypt
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All about new financial markets, decentralization and blockchain. And a few memes
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Axelar is developing a tokenized XRP yield product that can be described as a liquid staked XRP token. The idea is to capture DeFi yields and deliver them in XRP terms, providing XRP holders with an on-chain yield mechanism.

As highlighted in this post by Georgios, the structure could have interesting effects on XRP demand by creating sustained buy-pressure.

For those interested in cross-chain yield and XRP market dynamics, this is a development to follow.

https://x.com/yorgosv_/status/1966196227755663854
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Universal Basic Income (UBI) creates a system where staying outside the UBI bracket is crucial; inside, it becomes a permanent category.

AI is expected to run nearly all work, both mental and physical, within the next decade.

As machines outperform humans broadly, demand for human labor will drastically shrink, widening the wealth gap.

Historical tech leaps created immense wealth for their owners: railroads, oil, internet; AI transcends all sectors simultaneously.

AI’s owners will hold unprecedented power as it compounds across industries.

The societal pyramid will collapse into two groups: a wealthy owner class and a mass supported by UBI.

The middle class disappears; escaping the UBI bracket becomes nearly impossible as incentives stabilize the system, not uplift it.

Today, meritocracy allows social mobility, but with UBI’s rise, human initiative loses value, ending mobility.

The key is to build assets AI amplifies: real business equity, cash flow, data, networks—arrive as an owner, not as employable inventory.