Why Only 10% of Crypto Users Are Actually On-Chain

A new conversation is now available to watch in full. **Key Details:** - The discussion features Yatsiu - Full video accessible online **Previous Conversations:** - Recent talks with Vivek from late January are also available - Multiple episodes released over the past week [Watch the conversation](http://unhashed.co/yatsiu) Catch up on the latest discussions and insights from industry voices.

**The latest alpha un# episode explores digital property rights for everyday consumers**, featuring Yat Siu from Animoca Brands in conversation with host Sri Misra. The discussion centers on **John Locke's classical property theory** - traditionally focused on physical labor and "the work of our hands" - and how it applies to today's digital economy. **Key points:** - Modern economy increasingly built on intellectual property and creative work - Digital labor and creator contributions need proper recognition - Property rights framework should extend beyond institutional players to individual consumers The conversation examines how **digital property rights, copyright, and IP function in the open metaverse**, particularly as AI creates new forms of value without physical form. This builds on ongoing discussions about ensuring creators and consumers have meaningful ownership in digital spaces, not just corporations and institutions.

The Gmaarna team has officially assembled and entered buildathon mode, bringing high energy and deep curiosity to their development process. **Key Highlights:** - Team focused on first-principles approach to building - Buildathon represents intensive development phase - Follows broader industry trend of supporting builders beyond traditional hackathons **Context:** This announcement comes after recent discussions about the need for more comprehensive builder support in web3. Industry leaders have emphasized that developers require real pathways to ship, scale, and transition into founder roles - not just one-off hackathon experiences. The Gmaarna team's approach aligns with this philosophy, focusing on sustained development rather than short-term events.

**aarna is developing Agentic Onchain Treasury (AOT)**, a system designed to streamline DeFi asset management by consolidating fragmented workflows into a single treasury layer. **Key features:** - Automated capital allocation across stable yield, fixed income, and risk assets - Powered by TARS agents that analyze markets, rebalance positions, and enforce risk constraints onchain - Non-custodial with transparent, verifiable execution logic - Real-time risk monitoring with automated de-risking when thresholds are breached The platform offers tokenized vaults supporting fixed-yield strategies and DeFi indices, minted via stablecoins. Unlike traditional vaults, AOT uses policy-defined limits and protocol-level safety controls including allocation bands, slippage checks, and multisig-gated execution. The system targets both retail users seeking simplified DeFi access and institutions requiring governed, policy-based capital management. Learn more: [aarna docs](https://docs.aarna.ai/)