DIEM and MOR are easily worth it if you like risk

Not financial advice.

Baseline: ChatGPT plans

Reward without risk: Surplus Intelligence

Just pay for tokens at a 2x-100x discounted rate versus official pricing. Multiplier varies based on suppliers, which vary based on model and time of day.

As of writing, Surplus Intelligence didn't reply to a request for comment as to whether caching discounts are supported.

What about open weights?

When using raw APIs, you usually get 10x more usage with open weight than closed weight models. By either using subscriptions directly (Ollama Cloud, Z.ai) or someone else's subscriptions via Surplus Intelligence, you can get another 10x on top of that.

100x isn't as good as it sounds - you can also find GPT 5.5 with a clean 100x multiplier on Surplus Intelligence. Open weight models are only cheaper when using official APIs.

Introducing staking: DIEM

Normally currency is exchanged for goods and services. In crypto, currency can simply be staked, letting you get it back at will. And if you stake a DIEM, you net $1 of AI daily at Venice rates, or ~$0.7 daily from reselling on Surplus Intelligence, or 365 days * $0.7/day / $1300 = ~20% yield, or doubling its value (remember you can unstake it when done!) 5 years out.

The efficient market hypothesis teaches us that if something is too good to be true, it likely is. There's a big risk here stopping DIEM from doubling its price* and bringing its yield down to normal levels. And I think I know what it is: if Venice shuts down, your token is worth absolutely nothing. It won't give you any more inference, and for that same reason, nobody will want it.

*price would also increase if people unminted DIEM, bringing DIEM supply down and netting them a personal profit

It's MORbin Time

There's this guy Ryan Condron. He co-founded Titan, built Lumerin (general purpose blockchain-powered matchmaking) and Morpheus Network (MOR) there, then stepped down sometime after that. He's now running MORDIEM, an inference market powered by MOR, Venice (DIEM), and Lumerin. MORDIEM has a lot of MOR in custody:

But that doesn't actually decide how much daily inference you get. Instead, your share of "Total MOR Supply" (all MOR minted ever except for the purpose of funding compute providers) staked is set equal to your daily share of 1% of the "Compute Balance" (all MOR minted for the purpose of funding compute providers ever).

As of writing, the math comes out so if you stake 190 MOR to MORDIEM, you net $1 of AI daily at Venice rates = ~$0.7 daily from reselling on Surplus Intelligence AND 20% APY. This makes 365 days * $0.7/day / $418 + 0.2 = ~80% yield, or doubling its value in 15 months.

I think here the market is pricing in that betting on MORDIEM is betting on these risks:

The only way this wouldn't end badly is if MORDIEM gracefully shuts down and lets you take your MOR - since MOR would still be worth something you would've lost nothing.

Conclusion

If you pay as you go:

If you invest in crypto, and 1 year later things go well:

If you invest in crypto, and 1 year later things go awry:

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