This week’s Midweek with Max came with a lot to unpack. With Rick out sick, Jeremy stepped in to host alongside Max and members of the engineering team. The conversation touched everything from Spectra recalculations to Hemi’s next big milestone: hBitVM.

Spectra points are being finalized, with recalculations for October pools included. Addresses that missed out in the first round will see their claims added by the end of the day. For those who already claimed but are due additional tokens, a second claim group is being created to work around UI limitations. Dodo points and creative contributions are also being corrected manually.

On PoP points, a new smart contract will allow users to swap locked Hemi positions for liquid tokens, giving flexibility to either keep locked rewards or trade for immediate liquidity. Expect a simple contract rather than a polished interface, but it will do the job. With the token generation event behind us, the team is focusing on stability and laying the groundwork for the next phase. A temporary code freeze is in place, but once lifted, the updated PoP points payout algorithm will go live.

Work is also progressing on governance for VE-HEMI holders, staking incentives, and the move toward hBitVM, which ties Bitcoin and Ethereum security together through adaptive BitVM. Community questions around staking weight were addressed. A two-year lockup carries four times the weight of a six-month position, while four years gives eight times the weight.

Rewards are calculated in six-day epochs, with multipliers decaying gradually over time. Details on the first year of incentives will be published soon. OG roles and rewards are also on the horizon. The team expects distribution in about three weeks, with edge cases resolved before final claims. Rewards will include a liquid portion, though vesting details remain TBD.

All major contracts—including tunnels, settlement contracts, and staking—have been audited. Updates to the Bitcoin tunnel and Ethereum settlement layers will trigger fresh audits. On the infrastructure side, industry best practices are in place to guard against supply-chain attacks, from pinned dependencies to automated vulnerability scanning. The team is also cautious about over-reliance on external packages, keeping the codebase as lean as possible.

The message was clear: the TGE may be behind us, but the real building starts now.