Turtle's Q3 wasn't just about building infrastructure. It was about putting that infrastructure to work While services and distribution were generating revenue, @turtledotxyz continued expanding its core rails Three developments worth highlighting: ➦ Hare x GSR ▪ Launched with GSR ▪ 100M committed over several years ➦ Creator Wire ▪ Shipped in late August ▪ Built alongside Lunar Strategy ➦ Turtle Streams ▪ Became fully self serve ▪ Making incentive campaign setup accessible without relying on the Turtle team What makes this interesting? ▪ Services and distribution generated revenue while the infrastructure was still being built. ▪ Hare and Lunar Strategy became the first two businesses outside Turtle running on its tools. ➜ That's an important step from building infrastructure to having external businesses actually use it. One quarter doesn't prove long-term sustainability. Recurring demand and margins still need to demonstrate their strength. But generating revenue while expanding infrastructure gives a young protocol something meaningful to build on The bigger story is not just what Turtle built, but how those rails are already being put to use