The Private Credit Exodus: A Governance Architect's Reading of the UBS Signal
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Extreme Fear
Market Sentiment
Raises validator limit and account abstraction
Team and early investor shares released
Block reward reduced to 3.125 BTC
Circulating supply increases by about 2%
Improves data availability sampling efficiency
92 million ARB released
Block reward halving event
Independent validator client goes live on mainnet
Bitcoin Season