What does a Web3 man look like?

Slow to warm up, silent, smoking, having a drink, enjoying solitude, half refined, half mischievous, with correct values and good health.

Obedient to life during the day, surrendering to the soul at night.

Losing money can lead to depression, complaints, even breakdowns, but never losing the ability to heal oneself.

Learn to cut losses in time; life doesn't have to be about winning, but it must never be about losing to past mistakes and foolishness.

On the path to making a living, do not abandon conscience.
On the path to love, do not give up dignity.

Regarding @KaitoAI, the project I’ve identified in the RWA track:

Why is $150 million TVL just the starting point for #Theo?

In the DeFi community, many people look at TVL (Total Value Locked) only as a number, thinking that a large number means a bull market.

But seasoned players know that the “character” of the funds is more important than the “quantity.”

Recently studying @Theo_Network, I found an interesting phenomenon: its TVL just broke through $150 million.

This level indicates that Theo has moved beyond the “laboratory stage” and has officially entered large-scale practical deployment.

1. It is a “safe haven” for “active capital”

If you review Theo’s fund flow chart, you'll see that its growth isn’t the stagnant “passive locking” type, but rather, with market fluctuations since late 2025, it has been frequently flowing in, pulling back, and redeploying.

What does this mean?

It shows that the money inside isn’t just lying around earning dead interest, but is smart, active capital.
These users are leveraging Theo to adjust exposure; in extreme volatility, they choose to trust the protocol’s mechanisms.
This is the most hardcore passport for infrastructure projects.

2. “Not rushing to make money” is the highest-level strategy

Many wonder: Theo’s annualized usage fee has already reached several million dollars, so why is the protocol’s on-paper income still almost zero?

This is actually an extremely clever strategic choice.

Theo’s current logic is: Liquidity > Profitability. It has abandoned early “rent-seeking” opportunities, passing all profits to ecosystem growth.

This is very similar to early internet or top-tier RWA protocols—first making itself indispensable, filling the liquidity depth, and optimizing comes later.

With this $150 million underlying support, the team has enough space to refine the system rather than being driven by short-term gains and losses.

3. From “product” to “financial infrastructure”

If you still see Theo as an ordinary financial product, you’re underestimating it.

Theo’s real breakthrough is that it provides a kind of “financial language”

• Predictable yields: These assets don’t fluctuate wildly with benchmark interest rates, making them extremely rare stable benchmarks.

• Standardized design: Like building blocks, they can be combined without errors.

• No fragmentation: Multi-chain liquidity is directly connected, with no liquidity islands.

Because of this simplicity, Theo can be placed at the foundation of any system.

Credit markets can use it for risk pricing, structured products for settlement, and delta-neutral strategies can even use it as an anchor.

Summary:
It doesn’t try to compete with anyone; it aims to become the “infrastructure” for everyone else.

In the crypto world, the last to emerge are often not the loudest, but those protocols that everyone uses unconsciously and cannot live without.

Theo’s approach of not rushing to extract value but instead deeply rooting at the foundational level is quietly changing the way on-chain finance bonds.

When yields become composable and predictable, they are no longer just “money,” but the settlement logic and credit glue within the financial system.

Theo’s $150 million is just the first sign of this “glue” beginning to solidify.