The full catalog, with the price of every output: texel.run/catalog?v=2
Who gets $NVDA from Earn, and how each share is counted: texel.run/docs?v=2#earn
The 2.39 $NVDA on Etherscan: robin.etherscan.io/tx/0xe897…
We're updating and testing our deposit contracts. Deposits and Billing on our website are in maintenance while the update rolls out.
Under the hood:
→ TexelRefunds, a Robinhood Chain contract that pays each refund ID once, from the $USDG it holds
→ A payout ledger in the gateway that reconciles every refund with the chain
→ 17 Foundry tests, three of them fuzzed with 1,024 runs each, plus a fork test against real $USDG
Like TexelDeposits, TexelRefunds has no owner and no upgrade path from the moment it deploys, so its code can never change. Texel never asks your wallet for a token approval.
Outputs and GPU rentals keep running on the credits you already hold, and deposits return with refunds built into Billing.
TexelRefunds, its tests, and its README are all in one commit on GitHub:
github.com/texellabs/contrac…
How Earn works, round by round: texel.run/docs?v=2#earn
Training starts now on an RTX 2000 Ada rented on Texel: the first Texel support AI, learning the Texel docs so it can answer questions from anyone who uses Texel.
PyTorch and CUDA came installed, and the GPU bills 0.24 credits an hour by the second. The results and the receipt come next.
100 seconds on the RTX 2000 Ada, and the Texel support AI learned how Texel runs: credits, GPU rentals, outputs, receipts, Earn, and the contracts behind them.
→ Model: Qwen2.5-1.5B-Instruct, tuned with LoRA on 1.2% of its weights
→ Data: 252 support questions and answers
→ Memory: 4.6 GB of 16 GB
→ Cost of those 100 seconds: about 0.007 credits
Next stop: texel.run, as the first line of Texel customer support.
Texel has sealed 48 hours in a row on Robinhood Chain.
Those seals hold the first 8 receipts on Texel: three images, two voices, a video, and two GPU rentals. Rebuild an hour from the receipts page, and its root matches the contract.
A rental or an output now gets its receipt in Billing the moment it finishes.
Every sealed hour, with its receipts: texel.run/receipts?v=2
GPU rental is live for every wallet on Texel.
Sign in, pick one of 25 NVIDIA GPUs from $0.17 an hour at launch, and SSH in. Jupyter is ready on every instance, and billing runs by the second in Texel credits.
Texel's first rental receipt shows an RTX 4000 Ada that ran 170 seconds for 0.0132 credits, sealed on Robinhood Chain.
Texel has applied to @fomo for the team tag, the last open item on this list.
The team account already holds 5.47M $TEXEL, 0.55% of the supply. Once fomo approves it, @texelrun gets pinned as the team at the top of the $TEXEL holders there.
Today the Texel team is working on four things that will put Texel on the record as a Robinhood Chain builder.
→ We're claiming the $TEXEL team tag on @fomo, so traders there will get updates straight from the team.
→ We're registering Texel with @HeyResearch for Verified Builder status.
→ We're setting up a Texel org on GitHub, with a public repo for the code of our receipts and Earn contracts.
→ We're building a changelog page that will list every ship, day by day.
The whole buyback now sits with the team on fomo, and the team tag application goes in next.
The move, on Etherscan: robin.etherscan.io/tx/0xabb8…
The buyback on Etherscan: robin.etherscan.io/tx/0x4c2e…
The Texel team account on fomo: fomo.family/profile/texelrun



