The market hasn't recovered. The hunger crisis is accelerating. A new competitor just entered the ring. We kept building.

This is the story that matters most this week.

SNAP work requirements began rolling out across more states on February 1. Adults up to age 64 now need to prove 80 hours of work per month to keep benefits. The Congressional Budget Office projects these changes will reduce the number of SNAP recipients by 2.4 million people over the next decade. The One Big Beautiful Bill Act slashed $186 billion from SNAP through 2034, the largest cut to food assistance in American history. More than 1 million older adults ages 55 to 64 are expected to lose benefits entirely.

On February 10, the San Francisco Marin Food Bank introduced a state bill to restore California's ability to independently measure food insecurity because the USDA terminated its own food insecurity survey last fall. The government stopped counting hungry people. Food banks are now trying to count for themselves.

This is the window WYDE was built for. Government funding is shrinking. Food bank demand is surging. The old model of campaigns and donation asks can't keep up. Automated, permanent funding infrastructure can.

On February 9, Beast Industries acquired Step, a teen-focused banking app with 7 million+ users and $491 million in funding. The app offers FDIC-insured accounts, a Visa card, credit building, high-yield savings, and investing tools for teens and young adults. Beast Industries is valued at $5.2 billion.

This matters because MrBeast is now building exactly what we're building. Content distribution that drives financial product adoption that funds charitable impact. Look at the full stack:

Social reach. 466 million YouTube subscribers. Nearly 1 billion followers across platforms. He doesn't just have an audience. He has a distribution engine.

Clipping infrastructure. MrBeast launched Vyro, a clipping platform that pays creators to distribute his content across TikTok, Reels, and Shorts.

Banking. Step gives him FDIC-insured deposits, card rails, and a financial product that lives in the pockets of millions of young people.

Philanthropy. Beast Philanthropy partnered with the Rockefeller Foundation in November 2025 to engage younger generations in charitable giving, with a focus on combating child hunger and child labor in the cocoa industry. Rockefeller's president said the philanthropic sector has failed to capture the hearts and minds of young people. MrBeast is their bet to change that.

So why does this validate WYDE?

Because the world's largest creator just confirmed our entire thesis: social distribution + financial products + charitable impact = the next generation of how hunger (and more broadly—causes in general) get funded. The difference is that MrBeast's model still runs on his personal brand, his content schedule, and traditional philanthropic donations. WYDE runs on automated infrastructure. Every $EAT trade funds meals whether MrBeast posts a video or not. Every $EAT Card swipe funds meals whether anyone is watching or not. Our model doesn't need a celebrity. It needs volume.

MrBeast having 466 million subscribers and a banking app is competition. But it's also the biggest proof of concept we could ask for. If the most famous person on the internet thinks the future is social + banking + impact, we're in the right room.

Two weeks ago we told you Ethereum had crashed 37%. It hasn't recovered. ETH is trading around $1,960 today, still down roughly 40% from where it started 2026. Bitcoin is hovering near $67,000, well off its highs above $126,000 from late 2025. The Crypto Fear & Greed Index sits at 8 out of 100. That's the lowest reading since the 2022 crash. Near-panic levels.

Here's what we did about it: we put our heads down and built.

$EAT has now funded over 8,200 meals. That number went up while markets went down. The mechanism works in both directions because trading fees fund meals whether you're buying or selling. Bear market, bull market, meals get funded.

We're in the final stages of locking our bank partner for the $EAT Card. This isn't just another card. It's a completely new revenue stream for hunger relief that runs every time someone buys groceries, gas, or coffee.

Here's how it works:

Interchange fees fund meals. Every transaction generates a 1-2% interchange fee. That fee goes directly to purchasing $EAT, which funds meals through our nonprofit partners.

Creator rewards with real options. The $EAT Card is the first debit card where creator and referral rewards give you points that can be redeemed as cash back deposited to your bank account OR used to buy $EAT. You choose.

Round-up to end hunger. Every transaction rounds up to the nearest dollar. The spare change buys $EAT and funds meals. A $4.30 coffee becomes $5.00, and the $0.70 difference feeds someone and gives governance over the EAT treasury.

This is the first debit card designed from the ground up to end hunger with every purchase. FDIC-insured. Visa/Mastercard everywhere. Every new cardholder becomes a permanent, recurring revenue source for hunger relief. No asks. No fatigue. Just spending.

We're in final stages with two platforms to power the $EAT creator economy: Club.co and SocialLadder.

Both platforms give us the ability to turn $EAT community members into a tribe. Referrals, content creation, social sharing, ambassador programs. Community members will be able to grow the $EAT network and earn real money doing it. Not just points. A meaningful amount of monthly recurring income. Promote $EAT, promote the debit card, bring in new members, and get paid.

We explored several options including Whop and are finalizing the platforms that integrate directly with the $EAT Card reward scheme. The referral system and the debit card rewards system will be connected. First of its kind.

When a community member refers a new cardholder, and that cardholder spends money, and that spending funds meals through interchange fees, everyone in the chain is aligned. The referrer earns. The cardholder earns rewards. Hunger relief gets funded. Every incentive points in the same direction.

Finalizing our community reward and referral partner next week.

Capital goes to work across three priorities:

Membership growth. Through the debit card pipeline and community platform. Every cardholder and member is a permanent revenue source, marketing and referral partner.

Marketing and PR. To drive exposure and narrative. The story of what WYDE is building needs to reach more people. We're investing in getting that story out through press, partnerships, and paid channels.

Volume. The above two priorities are designed to translate directly into trading volume and card transaction volume. Volume is what funds meals. Every ~$40 in trading volume equals one meal. More volume, more meals.

Last Thursday, WYDE leadership met in person with two board members of Second Harvest Food Bank of Orange County. This is our potential exclusive local charity partner, and these relationships continue to deepen. Second Harvest serves hundreds of thousands of people across Orange County each year and connects to some of the biggest businesses and philanthropists in Orange County.

Face-to-face meetings like this are how you build the kind of trust that lasts. More updates coming soon.

We're onboarding new community members. Cardholders, creators, traders, or anyone who believes every trade should feed someone.

Respond to this email, or reach out to Aaron, Martin, or @wydeorg on any platform.

CA: 0x680bc6ed5c7222e2f29bdbc87f8e8f3400d8ce04

MrBeast bought a bank to reach young people. We built one to feed them. Trade $EAT.

Stay hungry.

The WYDE Team

Trade $EAT: wyde.org/eat
Trade $EAT on Coinbase: https://www.coinbase.com/price/wyde-end-hunger-base-0x680bc6ed5c7222e2f29bdbc87f8e8f3400d8ce04
Buy $EAT merch: eat.ong
$EAT on Coingecko: https://www.coingecko.com/en/coins/wyde-end-hunger
Join the Community: https://whop.com/wyde/
Follow on all socials: https://linktr.ee/wydeorg
Disruptors for Good podcast: https://www.causeartist.com/wyde-crypto-impact-exchange/
Token Unlocks and Rewards Official announcement: https://x.com/wydeorg/status/2001562658949206255

Primers on WYDE and Causecoins and EAT:
What is WYDE?
What are Causecoins?
What is a DUNA?
The $592B Nonprofit Fundraising Machine
Trade-to-Feed: How $EAT Turned Crypto Trading Into 2,000 Real Meals | Blockster

This is informational content only and not financial advice. Token values fluctuate based on market conditions. Impact outcomes depend on nonprofit execution and trading volume. WYDE (Wyoming Decentralized Exchange Association) operates as a 501(c)(4) social welfare organization. $EAT is the first cause token on the Impact Exchange. Trading fees fund verified nonprofits through transparent on-chain governance.