The 26% Discount That Wasn't: Private Credit's Liquidity Mirage and the DeFi Opportunity in Its Ashes
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Greed
Market Sentiment
Team and early investor shares released
Raises validator limit and account abstraction
Independent validator client goes live on mainnet
Block reward reduced to 3.125 BTC
Improves data availability sampling efficiency
92 million ARB released
Circulating supply increases by about 2%
Block reward halving event
Bitcoin Season