Ethena

ethena

Dust on Crust Part Deux

ভূত্বক অংশ দুই উপর ধুলো

Staub auf der Kruste Teil Zwei

Polvo sobre la corteza, segunda parte

पपड़ी पर धूल भाग दो

クラスト上のダスト パート 2

지각 위의 먼지 2부

Poeira na Crosta Parte Dois

Пыль на корке, часть вторая

Kabuktaki Toz İkinci Bölüm

Bụi trên lớp vỏ Phần thứ hai

地壳上的灰尘第二部分

There's no denying that stablecoins are the most successful crypto use case since the dawn of web3 and blockchains. It's by far the one with the most adoption with a market cap of $233.8 billion as at the time of writing. Stablecoin supply increased by 9.61% in Q1 2025 alone. In 2024, stablecoins transaction volume reached $27.6 trillion in 2024, surpassing the combined volume of Visa and Mastercard transactions. $233.8 billion $233.8 billion $27.6 trillion in 2024 $27.6 trillion in 2024 How do you generate yield with stablecoins? There are several ways you can make money with stablecoins. Lend/Borrow - You could use lending platforms like Aave to lend/borrow against your USDT or USDC and earn yield.
Provide liquidity - You could also seed liquidity pools on platforms like Curvefi, and earn fees from traders who swap out of those liquidity pools.
Stake - Some platforms like Coinbase also let you stake your stablecoins to earn rewards. Lend/Borrow - You could use lending platforms like Aave to lend/borrow against your USDT or USDC and earn yield. Provide liquidity - You could also seed liquidity pools on platforms like Curvefi, and earn fees from traders who swap out of those liquidity pools. Stake - Some platforms like Coinbase also let you stake your stablecoins to earn rewards. The only issue here is that these yields can be unpredictable. They fluctuate a lot. To try and solve the problem of low yields, platforms try to do some extra work behind the scenes like some leverage plays with users' money to boost yields. The problem is, sometimes, like with anything involving humans, it could go terribly wrong. Case in point; the failure of Celcius, Luna, Blockfi and others. Users with some technical knowledge could engage in complex DeFi strategies and achieve higher-than-average yields or find the best opportunities. But only a handful of people with such skills are in a position to do so. Unfortunately, we average users are missing out on those opportunities.\But what if there's a way to level the playing field on stablecoin yield generation? What is CAP Money? To understand what CAP Money is, we need to first understand the different types of stablecoin projects in crypto based on how they generate yields for their users. Type 1 Protocols (Centralized): These are like hedge funds. The project team basically manages your money and makes all investment decisions. Examples are Yearn Finance or newer generation projects like Ethena. The downside is they can only scale as much as their team can handle. Type 2 Protocols (Community-based): In this case, a DAO manages your money instead of just the team. DAO means Decentralized Autonomous Organization, it is made up of selected individuals with voting power to make decisions for the project and its users. No one person makes the decision. Investment decisions are voted on by the DAO members. An example is Sky Protocol or MakerDAO. Type 3 Protocols (Self-enforcing): These take a completely different approach to yield generation. Rather than have the team or a DAO manage user money and source yields, the protocol outsources yield generation to various professional institutions called Operators or agents. There are established clear rules enforced by smart contracts which eliminate the need for human intervention. The protocol also uses restaking protocols for security. What all this does is offer guaranteed yields that can scale much larger. CAP is the first type 3 stablecoin protocol. It is built on MegaETH, a highly performant and very fast Ethereum L2 blockchain. What that means is that CAP is built on a blockchain that enables it to provide more efficient capital allocation and yield generation, faster transactions, and better user experience. Cap Money's Three-Component Model Minters Users who hold the cUSD stablecoin that comes with a fully redeemable guarantee of 1:1 with USDC/USDT. Minters can stake their cUSD to earn yield. Operators Entities that generate yield and must prove themselves worthy by beating a hurdle rate set by smart contracts. These include banks, financial institutions, trading firms, and DeFi protocols. Restakers Provide security to the operators' activity via restaking of Ethereum and therefore protect the stablecoin holders. They earn premiums for this service. How Cap Money Works Minting cUSD:
A user deposits USDC or USDT to mint cUSD at a 1:1 ratio. This cUSD can be restaked to earn yield or used as a dollar-pegged stablecoin in various applications.


Operator Application:
An institutional player (like a bank or HFT firm) who meets the hurdle rate (e.g., 40%) set by CAP applies to be an operator. If accepted, they can borrow funds from CAP and use them in yield-generating strategies. But only if they are covered by a recognised restaker delegation.


Delegation Process:
The institution must first be whitelisted into CAP and then convince restakers to delegate to them. The value of the delegation limits how much capital operators are able to access.


Capital Access:
Once the institution is "covered" by delegations, they can withdraw USDC from the collateral pool to execute their proprietary strategy.


Yield Distribution:
By the end of the loan term, the institution distributes yield to stablecoin holders according to CAP's benchmark yield. They also pay the restakers by the premium they are charged.


Profit Sharing:
If the benchmark yield is 13%, and the premium is 2%, the institution gets to keep the delta, which would be 25% in this example (assuming they generated 40% returns).


Interest Accumulation:
The stablecoin holder that staked cUSD now accumulates interest from the operator's activities, which can be realized at any time. Minting cUSD:
A user deposits USDC or USDT to mint cUSD at a 1:1 ratio. This cUSD can be restaked to earn yield or used as a dollar-pegged stablecoin in various applications. Minting cUSD: A user deposits USDC or USDT to mint cUSD at a 1:1 ratio. This cUSD can be restaked to earn yield or used as a dollar-pegged stablecoin in various applications. Operator Application:
An institutional player (like a bank or HFT firm) who meets the hurdle rate (e.g., 40%) set by CAP applies to be an operator. If accepted, they can borrow funds from CAP and use them in yield-generating strategies. But only if they are covered by a recognised restaker delegation. Operator Application: An institutional player (like a bank or HFT firm) who meets the hurdle rate (e.g., 40%) set by CAP applies to be an operator. If accepted, they can borrow funds from CAP and use them in yield-generating strategies. But only if they are covered by a recognised restaker delegation. Delegation Process:
The institution must first be whitelisted into CAP and then convince restakers to delegate to them. The value of the delegation limits how much capital operators are able to access. Delegation Process: The institution must first be whitelisted into CAP and then convince restakers to delegate to them. The value of the delegation limits how much capital operators are able to access. Capital Access:
Once the institution is "covered" by delegations, they can withdraw USDC from the collateral pool to execute their proprietary strategy. Capital Access: Once the institution is "covered" by delegations, they can withdraw USDC from the collateral pool to execute their proprietary strategy. Yield Distribution:
By the end of the loan term, the institution distributes yield to stablecoin holders according to CAP's benchmark yield. They also pay the restakers by the premium they are charged. Yield Distribution: By the end of the loan term, the institution distributes yield to stablecoin holders according to CAP's benchmark yield. They also pay the restakers by the premium they are charged. Profit Sharing:
If the benchmark yield is 13%, and the premium is 2%, the institution gets to keep the delta, which would be 25% in this example (assuming they generated 40% returns). Profit Sharing: If the benchmark yield is 13%, and the premium is 2%, the institution gets to keep the delta, which would be 25% in this example (assuming they generated 40% returns). Interest Accumulation:
The stablecoin holder that staked cUSD now accumulates interest from the operator's activities, which can be realized at any time. Interest Accumulation: The stablecoin holder that staked cUSD now accumulates interest from the operator's activities, which can be realized at any time. What happens if an operator defaults on their loan? As a user (minter), you are pretty much guaranteed your money back because even if an operator does something that causes them to lose the money they borrowed. In this case, the restaker that vouched for them gets slashed, and users get paid with the restakers money. This is all handled automatically by smart contracts using Eigenlayer's restaking protocol. The slashed restaker now has the responsibility of filing legal course against the operator to get their money back. Using CAP is like having access to many professional investment firms with extra security measures built in. They come to borrow your money and deploy in strategies beyond crypto to generate yield. By simply depositing in CAP, you're effectively tapping into the total global market value across major assets like stocks, commodity, real estate, infrastructure, bonds etc., which is estimated to be over $200 trillion, and with very low risk. This is what CAP unlocks. Isn't that exciting? CAP Money is currently on testnet, and will launch when MegaETH goes live on mainnet. This piece is for educational purposes and not financial advice. Hope you found it useful.

This New Stablecoin Claims It Can Earn You Yield Without the Risky Crypto Shenanigans

DUBAI, United Arab Emirates, March 6th, 2025/Chainwire/--Bybit, the world’s second-largest cryptocurrency exchange by trading volume, becomes the first platform to include USDtb, a blockchain-based USD stablecoin created and managed by Ethena Labs, on its Spot exchange. USDtb combines the liquidity of stablecoins with the security and transparency of institutional-grade U.S. Treasury assets, marking a pivotal innovation in the evolution of digital dollars. USDtb is backed primarily by BlackRock's USD Institutional Digital Liquidity Fund Token (BUIDL), which holds 100% of its assets in cash, U.S. Treasury Bills, and other short-term U.S. government obligations. This conservative and transparent backing makes USDtb a compelling option for investors seeking both stability and yield in the digital asset ecosystem. A New Chapter in Stablecoins Unlike traditional stablecoins, USDtb blends tokenized U.S. Treasury fund products with a stablecoin reserve, delivering a unique combination of stability, flexibility, and instant liquidity. This next-generation stablecoin enables faster, cheaper transactions compared to traditional banking systems, while offering users stable returns with principal protection — echoing the success of Ethena Labs’ USDe. Key Timeline USDtb Listing on Spot Trading: Mar 4, 2025, 8AM UTC
USDtb Withdrawals Open: Mar 5, 2025, 8AM UTC
USDtb 5% Airdrop: 1st Snapshot on Mar 6, 2025
First Reward Distribution: Before Mar 7, 6AM UTC Deposits and withdrawals will be available via the ETH network. Exclusive 5% APR Boost for Bybit Users To celebrate the listing, Bybit is offering 5% Annual Percentage Rate (APR) on USDtb holdings for new and existing eligible users with no lock-up requirements. From Mar. 6 to Apr. 4, eligible Bybit users may join the Bybit exclusive event to enjoy the limited-time 5% APR on USDtb holdings, starting at a minimum of 0.00005 USDtb. Holders will continue to enjoy 95% of the yield on Treasury Bills after the 1st month. Rewards will be distributed in USDtb on a first-come, first-served basis, and capped at a total of 200 million in USDtb tokens. The APR will be gradually decreasing after the cap is reached. However, all USDtb holders on Bybit will continue to earn rewards indefinitely after the promotional period ends. "By listing USDtb, Bybit is pioneering a new frontier for stablecoins — bridging traditional finance and digital assets with unprecedented transparency and institutional-grade security," said Jerry Li, Head of Earn & Wealth Management at Bybit. "We are proud to be the first to introduce this innovative asset to our users, expanding their options for both secure savings and dynamic trading opportunities, all while maintaining the seamless experience Bybit is known for." About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com. For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@bybit.com For updates, please follow: Bybit's Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube Contact Head of PR Tony Au Bybit tony.au@bybit.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here DUBAI, United Arab Emirates, March 6th, 2025/Chainwire/--Bybit, the world’s second-largest cryptocurrency exchange by trading volume, becomes the first platform to include USDtb, a blockchain-based USD stablecoin created and managed by Ethena Labs, on its Spot exchange. USDtb combines the liquidity of stablecoins with the security and transparency of institutional-grade U.S. Treasury assets, marking a pivotal innovation in the evolution of digital dollars. USDtb is backed primarily by BlackRock's USD Institutional Digital Liquidity Fund Token (BUIDL), which holds 100% of its assets in cash, U.S. Treasury Bills, and other short-term U.S. government obligations. This conservative and transparent backing makes USDtb a compelling option for investors seeking both stability and yield in the digital asset ecosystem. A New Chapter in Stablecoins Unlike traditional stablecoins, USDtb blends tokenized U.S. Treasury fund products with a stablecoin reserve, delivering a unique combination of stability, flexibility, and instant liquidity. This next-generation stablecoin enables faster, cheaper transactions compared to traditional banking systems, while offering users stable returns with principal protection — echoing the success of Ethena Labs’ USDe. Key Timeline USDtb Listing on Spot Trading: Mar 4, 2025, 8AM UTC USDtb Withdrawals Open: Mar 5, 2025, 8AM UTC USDtb 5% Airdrop: 1st Snapshot on Mar 6, 2025 First Reward Distribution: Before Mar 7, 6AM UTC USDtb Listing on Spot Trading: Mar 4, 2025, 8AM UTC USDtb Withdrawals Open: Mar 5, 2025, 8AM UTC USDtb 5% Airdrop: 1st Snapshot on Mar 6, 2025 First Reward Distribution: Before Mar 7, 6AM UTC Deposits and withdrawals will be available via the ETH network. Exclusive 5% APR Boost for Bybit Users To celebrate the listing , Bybit is offering 5% Annual Percentage Rate (APR) on USDtb holdings for new and existing eligible users with no lock-up requirements. the listing the listing From Mar. 6 to Apr. 4, eligible Bybit users may join the Bybit exclusive event to enjoy the limited-time 5% APR on USDtb holdings, starting at a minimum of 0.00005 USDtb. Holders will continue to enjoy 95% of the yield on Treasury Bills after the 1st month. Rewards will be distributed in USDtb on a first-come, first-served basis, and capped at a total of 200 million in USDtb tokens. The APR will be gradually decreasing after the cap is reached. However, all USDtb holders on Bybit will continue to earn rewards indefinitely after the promotional period ends. "By listing USDtb, Bybit is pioneering a new frontier for stablecoins — bridging traditional finance and digital assets with unprecedented transparency and institutional-grade security," said Jerry Li, Head of Earn & Wealth Management at Bybit. "By listing USDtb, Bybit is pioneering a new frontier for stablecoins — bridging traditional finance and digital assets with unprecedented transparency and institutional-grade security," said Jerry Li, Head of Earn & Wealth Management at Bybit. "We are proud to be the first to introduce this innovative asset to our users, expanding their options for both secure savings and dynamic trading opportunities, all while maintaining the seamless experience Bybit is known for." "We are proud to be the first to introduce this innovative asset to our users, expanding their options for both secure savings and dynamic trading opportunities, all while maintaining the seamless experience Bybit is known for." About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. Bybit Bybit With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com . Bybit.com Bybit.com For more details about Bybit, please visit Bybit Press Bybit Press Bybit Press For media inquiries, please contact: media@bybit.com media@bybit.com media@bybit.com For updates, please follow: Bybit's Communities and Social Media Bybit's Communities and Social Media Bybit's Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube Discord Discord Facebook Facebook Instagram Instagram LinkedIn LinkedIn Reddit Reddit Telegram Telegram TikTok TikTok X X Youtube Youtube Contact Head of PR Tony Au Bybit tony.au@bybit.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here here here

Bybit Becomes The First Exchange To List USDtb , Bringing Institutional-Grade Stability To Crypto 

Bybit ukax Nayrïr Intercambio ukar tukuwayi USDtb ukar Listar , Estabilidad Institucional-Grado ukar Cripto ukar puriyañataki 

Bybit postaje prva berza na listi USDtb, donoseći stabilnost na institucionalnom nivou kripto 

Bybit se convierte en el primer exchange en incluir USDtb, lo que aporta estabilidad de nivel institucional a las criptomonedas

Bybit USDtb zerrendatzen duen lehen trukea bihurtzen da, eta Cryptorako maila instituzionalaren egonkortasuna ekarriz 

Bybit devient la première bourse à lister l'USDtb, apportant une stabilité de niveau institutionnel à la crypto

Bybit postaje prva burza koja uvrštava USDtb, donoseći stabilnost institucionalne razine kripto 

Bybit-ը դառնում է առաջին փոխանակումը, որը ցուցակում է USDtb-ն՝ բերելով ինստիտուցիոնալ աստիճանի կայունություն Crypto-ին 

BybitがUSDtbを上場する最初の取引所となり、暗号通貨に機関投資家レベルの安定性をもたらす

Bybit Ñawpaq kaq Intercambioman tukun USDtb Listananpaq , Institucional-Grado Estabilidadta Criptoman apamuspa 

Bybit devine primul schimb care listează USDtb, aducând stabilitate la nivel instituțional criptografic 

Bybit становится первой биржей, разместившей USDtb, что обеспечивает криптовалюте стабильность институционального уровня

Bybit USDtb کی فہرست بنانے والا پہلا ایکسچینج بن گیا، کرپٹو میں ادارہ جاتی-گریڈ استحکام لاتا ہے 

**DUBAI, UAE, February 19th, 2025/Chainwire/--**Falcon Finance, the next-generation synthetic dollar protocol, is excited to announce its official partnership with DeXe Protocol with its highly anticipated Beta Launch on Tuesday. DeXe has committed a $10 million allocation to Falcon Finance’s closed beta, reinforcing the long-term vision of sustainable and competitive yield generation in the synthetic dollars ecosystem. Starting this week, whitelisted wallets will gain exclusive access to Falcon Finance’s Beta Launch, allowing them to connect, mint, and stake Falcon Finance’s synthetic assets—USDf and sUSDf. This early access provides a select group of users with the opportunity to explore the protocol’s innovative staking mechanism, earning yield by locking their assets in a manner similar to Ethena’s yield flow. In this phase, users can stake USDf to mint sUSDf and choose their preferred staking duration. Once staked, users can benefit from Falcon Finance’s institutional-grade yield generation strategies, which include funding rate arbitrage, and other institutional yield strategies. The partnership between Falcon Finance and DeXe Protocol represents a significant milestone for both projects. DeXe, known for its decentralized governance solutions, enables its token holders to tap into Falcon Finance’s synthetic dollar ecosystem. This integration underscores Falcon Finance’s commitment to expanding collateral diversity while providing users with a secure and scalable synthetic dollar framework. Andrei Grachev, Managing Partner at Falcon Finance, stated: “We are thrilled to welcome DeXe Protocol as our first strategic partner. Their commitment to our Beta Launch, with a $10 million allocation, demonstrates confidence in our model of sustainable synthetic dollar yield. This closed beta is a crucial phase, allowing us to refine our platform with real user feedback before opening up to the broader crypto community.” Serhii Kravchenko, DeXe Protocol Contributor, added: “Falcon Finance is introducing a novel financial instrument setting new standards for stability and yield generation. The addition of DeXe as a robust blue-chip asset is a strong move that reinforces its foundation while unlocking new utilities for both ecosystems.” The closed beta will enable Falcon Finance’s development team to gather critical insights from early users, ensuring a seamless and secure user experience ahead of the public launch. Through this controlled rollout, Falcon Finance will further enhance its risk management framework, transparency measures, and institutional-grade yield strategies. About Falcon Finance Falcon Finance is a next-generation synthetic dollar protocol. Preserving users’ multi-assets with industry competitive yields across any market conditions, it sets a new standard in the industry, along with transparency, security, and institutional-grade risk management. About DeXe DeXe Protocol is an advanced infrastructure for creating and managing decentralized autonomous organizations (DAOs). It consists of a modular library of over 60 smart contracts that enable scalable and flexible governance, along with DeXe DApp—an intuitive no-code interface for managing DAOs, token sales, asset tokenization, and more. DeXe simplifies decentralized governance, making it efficient, accessible, and transparent. Contact CMO Roman Melnyk r.melnyk@dexe.network This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here **DUBAI, UAE, February 19th, 2025/Chainwire/--**Falcon Finance, the next-generation synthetic dollar protocol, is excited to announce its official partnership with DeXe Protocol with its highly anticipated Beta Launch on Tuesday. DeXe has committed a $10 million allocation to Falcon Finance’s closed beta, reinforcing the long-term vision of sustainable and competitive yield generation in the synthetic dollars ecosystem. Starting this week, whitelisted wallets will gain exclusive access to Falcon Finance’s Beta Launch, allowing them to connect, mint, and stake Falcon Finance’s synthetic assets—USDf and sUSDf. This early access provides a select group of users with the opportunity to explore the protocol’s innovative staking mechanism, earning yield by locking their assets in a manner similar to Ethena’s yield flow. In this phase, users can stake USDf to mint sUSDf and choose their preferred staking duration. Once staked, users can benefit from Falcon Finance’s institutional-grade yield generation strategies, which include funding rate arbitrage, and other institutional yield strategies. The partnership between Falcon Finance and DeXe Protocol represents a significant milestone for both projects. DeXe, known for its decentralized governance solutions, enables its token holders to tap into Falcon Finance’s synthetic dollar ecosystem. This integration underscores Falcon Finance’s commitment to expanding collateral diversity while providing users with a secure and scalable synthetic dollar framework. Andrei Grachev, Managing Partner at Falcon Finance, stated: “We are thrilled to welcome DeXe Protocol as our first strategic partner. Their commitment to our Beta Launch, with a $10 million allocation, demonstrates confidence in our model of sustainable synthetic dollar yield. This closed beta is a crucial phase, allowing us to refine our platform with real user feedback before opening up to the broader crypto community.” Andrei Grachev, Managing Partner at Falcon Finance, stated: “We are thrilled to welcome DeXe Protocol as our first strategic partner. Their commitment to our Beta Launch, with a $10 million allocation, demonstrates confidence in our model of sustainable synthetic dollar yield. This closed beta is a crucial phase, allowing us to refine our platform with real user feedback before opening up to the broader crypto community.” Serhii Kravchenko, DeXe Protocol Contributor, added: “Falcon Finance is introducing a novel financial instrument setting new standards for stability and yield generation. The addition of DeXe as a robust blue-chip asset is a strong move that reinforces its foundation while unlocking new utilities for both ecosystems.” Serhii Kravchenko, DeXe Protocol Contributor, added: “Falcon Finance is introducing a novel financial instrument setting new standards for stability and yield generation. The addition of DeXe as a robust blue-chip asset is a strong move that reinforces its foundation while unlocking new utilities for both ecosystems.” The closed beta will enable Falcon Finance’s development team to gather critical insights from early users, ensuring a seamless and secure user experience ahead of the public launch. Through this controlled rollout, Falcon Finance will further enhance its risk management framework, transparency measures, and institutional-grade yield strategies. About Falcon Finance Falcon Finance is a next-generation synthetic dollar protocol. Preserving users’ multi-assets with industry competitive yields across any market conditions, it sets a new standard in the industry, along with transparency, security, and institutional-grade risk management. About DeXe DeXe Protocol is an advanced infrastructure for creating and managing decentralized autonomous organizations (DAOs). It consists of a modular library of over 60 smart contracts that enable scalable and flexible governance, along with DeXe DApp—an intuitive no-code interface for managing DAOs, token sales, asset tokenization, and more. DeXe simplifies decentralized governance, making it efficient, accessible, and transparent. Contact CMO Roman Melnyk r.melnyk@dexe.network This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here here here

Falcon Finance And DeXe Protocol Announce Strategic Partnership With $10M Allocation For Closed Beta

Falcon Finance y DeXe Protocol anuncian una asociación estratégica con una asignación de $10 millones para la versión beta cerrada

Falcon Finance-ը և DeXe Protocol-ը հայտարարել են ռազմավարական համագործակցության մասին՝ 10 մլն դոլար հատկացումով փակ բետա-ի համար

Falcon Finance と DeXe Protocol がクローズドベータ版に 1,000 万ドルを割り当てた戦略的パートナーシップを発表

Falcon Finance ແລະ DeXe Protocol ປະກາດຄວາມຮ່ວມມືຍຸດທະສາດດ້ວຍການຈັດສັນ 10 ລ້ານໂດລາສຳລັບ Closed Beta

„Falcon Finance“ ir „DeXe“ protokolas paskelbė apie strateginę partnerystę su 10 mln. USD asignavimu uždarajai beta versijai

Falcon Finance a protokol DeXe oznamujú strategické partnerstvo s alokáciou 10 miliónov USD pre uzavretú beta verziu

Falcon Finance dhe Protokolli DeXe shpallin Partneritet Strategjik me 10 milion dollarë alokim për beta të mbyllur

Фалцон Финанце и ДеКсе Протоцол најављују стратешко партнерство са алокацијом од 10 милиона долара за затворену бета верзију

Falcon Finance och DeXe-protokollet tillkännager strategiskt partnerskap med $10 miljoner tilldelning för stängd beta

Ang Falcon Finance At DeXe Protocol ay Nag-anunsyo ng Strategic Partnership Sa $10M Allocation Para sa Closed Beta

Falcon Finance Na DeXe Protocol Va Tivisa Ntirhisano Wa Maqhinga Hi Avelo Ya $10M Ya Beta Leyi Pfala

Falcon Finance và DeXe Protocol công bố quan hệ đối tác chiến lược với khoản phân bổ 10 triệu đô la cho phiên bản Closed Beta

New York, United States - 9:00AM, January 24, 2025 --KTON,an institutional-grade liquid staking protocol incubated by TONX, the leading TON-focused venture studio backed by top VC firms from the Asia-Pacific region, is gearing up for its V1 launch in February 2025. TONX, which recently unveiled a $5M accelerator program to foster innovation within the TON and Telegram ecosystem, is behind TONX API, the leading developer platform trusted by Blum, Catizen, Google Cloud, and over 20 leading projects. TONX is also the force behind Tonkey, a multisig solution managing $400M in assets and adopted by the TON Foundation. KTON is set to enter the United States and global markets, bringing its enterprise-grade liquid staking solution to institutional and retail users. Telegram recently announced it will exclusively support The Open Network (TON) for its blockchain ecosystem. KTON is uniquely positioned to capitalize on this growth as it is being built specifically for TON users. Building on TONX’s success in the API and security space, KTON is positioned to capture the $6.12 billion TON liquid staking market opportunity. KTON allows users to stake TON while receiving $KTON, unlocking liquidity without sacrificing staking rewards. Unlike existing solutions that often concentrate risk or lack robust standardization, KTON provides institutional-grade security tailored for family offices, trusts, and exchanges. Users can start staking with as little as 1 TON, and there is no lock-up period. Unlocking TON's $6.12B Liquid Staking Market Potential Liquid staking has transformed blockchain ecosystems with Lido Finance dominating Ethereum's LST market at $30B TVL. KTON aims to capture similar potential in TON's nascent LST market, currently valued at $377M. “Our research reveals TON's LST ratio matches Solana at 10% of staked tokens, yet TON's total staking rate is merely 13.7% versus Solana's 69%, indicating a 5x growth potential. Furthermore, if TON's LST ratio reaches Ethereum's 36%, the market could surge 18X, unlocking an additional $6.12B in value,” said Dr. Awesome Doge, founder of TONX and KTON. “KTON aims to bridge this gap by providing the infrastructure needed to unlock this liquidity and drive TON’s DeFi expansion.” KTON's staking service will unlock liquidity, enabling seamless integration with leading TON native DEXs and protocols, and more DeFi giants which are entering TON like Ethena and Curve Finance. This offers TON users flexible and stable yield strategies through various DeFi opportunities while maintaining staking rewards. "TONX's triumph is a powerful testament to why KTON has solidified its place as a trusted pillar in the ecosystem," said Howard Peng of TON Ventures. TONXKTON Sets New Standards for TON Liquid Staking Infrastructure KTON is addressing the critical challenges of existing liquid staking solutions, such as concentration risks and lack of standardization, by introducing a decentralized protocol with institutional-grade security. To further enhance accessibility, KTON is launching a Telegram Mini App designed for the platform’s 950M users in a move to bridge DeFi adoption and mainstream accessibility. By integrating liquid staking directly within Telegram, KTON simplifies the process, ensuring that anyone can participate with ease. This innovative approach positions KTON to drive the widespread adoption of TON blockchain technology, expanding its reach in the US market and globally. The platform’s roadmap goes beyond staking rewards. Following the launch of KTON V1, the planned upgrade will introduce a dual-token model featuring $KTON and a new governance token. This system allows $KTON holders to earn rewards while actively participating in KTON DAO governance. Unlock Your Yield with KTON, Launching February 2025 KTON is poised to seize the $6.12 billion market potential in TON's liquid staking ecosystem with its enterprise-grade staking services. Launching this February, KTON provides the most secure and user-friendly solutions for both retail and institutional clients, enabling them to unlock liquidity, maximize staking rewards, and confidently participate in TON’s thriving DeFi ecosystem. KTON’s commitment to security, combined with a decentralized governance structure, makes KTON a trusted choice for staking at scale. For partnerships and customized solutions, contact: contact@kton.io About KTON KTON is a next-generation liquid staking protocol built for the TON ecosystem, designed to unlock liquidity for both retail and institutional users. Through its liquid staking token $KTON, users can participate in TON's growing DeFi ecosystem while earning staking rewards.adoption Combining institutional-grade security with decentralized governance and seamless Telegram integration, KTON aims to drive TON's ecosystem growth and mass adoption. X | Telegram About TONX Founded in 2021, TONX is a SuperApp platform layer driving the new Web3 economy. As a cornerstone of the TON ecosystem, it delivers powerful tools like TONX API, a trusted RPC solution integrated with over 20 leading projects, and Tonkey, a secure multi-signature wallet managing over $400 million in assets. TONX | X | Telegram | Blog | Docs | TONX API | Tonkey This story was distributed as a release by Btcwire under HackerNoon’s Business Blogging Program. Learn more about the program here New York, United States - 9:00AM, January 24, 2025 --KTON,an institutional-grade liquid staking protocol incubated by TONX , the leading TON-focused venture studio backed by top VC firms from the Asia-Pacific region, is gearing up for its V1 launch in February 2025. TONX TONX backed backed TONX, which recently unveiled a $5M accelerator program to foster innovation within the TON and Telegram ecosystem, is behind TONX API , the leading developer platform trusted by Blum, Catizen, Google Cloud, and over 20 leading projects . $5M accelerator program $5M accelerator program TONX API TONX API Blum, Catizen, Google Cloud, and over 20 leading projects Blum, Catizen, Google Cloud, and over 20 leading projects TONX is also the force behind Tonkey , a multisig solution managing $400M in assets and adopted by the TON Foundation. KTON is set to enter the United States and global markets, bringing its enterprise-grade liquid staking solution to institutional and retail users. Tonkey Tonkey Telegram recently announced it will exclusively support The Open Network (TON) for its blockchain ecosystem. KTON is uniquely positioned to capitalize on this growth as it is being built specifically for TON users. recently announced recently announced Building on TONX’s success in the API and security space, KTON is positioned to capture the $6.12 billion TON liquid staking market opportunity. KTON allows users to stake TON while receiving $KTON, unlocking liquidity without sacrificing staking rewards. Unlike existing solutions that often concentrate risk or lack robust standardization, KTON provides institutional-grade security tailored for family offices, trusts, and exchanges. Users can start staking with as little as 1 TON, and there is no lock-up period. Unlocking TON's $6.12B Liquid Staking Market Potential Liquid staking has transformed blockchain ecosystems with Lido Finance dominating Ethereum's LST market at $30B TVL. KTON aims to capture similar potential in TON's nascent LST market, currently valued at $377M. “Our research reveals TON's LST ratio matches Solana at 10% of staked tokens, yet TON's total staking rate is merely 13.7% versus Solana's 69%, indicating a 5x growth potential. Furthermore, if TON's LST ratio reaches Ethereum's 36%, the market could surge 18X, unlocking an additional $6.12B in value,” said Dr. Awesome Doge, founder of TONX and KTON. “Our research reveals TON's LST ratio matches Solana at 10% of staked tokens, yet TON's total staking rate is merely 13.7% versus Solana's 69%, indicating a 5x growth potential. Furthermore, if TON's LST ratio reaches Ethereum's 36%, the market could surge 18X, unlocking an additional $6.12B in value,” said Dr. Awesome Doge, founder of TONX and KTON. “KTON aims to bridge this gap by providing the infrastructure needed to unlock this liquidity and drive TON’s DeFi expansion.” “KTON aims to bridge this gap by providing the infrastructure needed to unlock this liquidity and drive TON’s DeFi expansion.” KTON's staking service will unlock liquidity, enabling seamless integration with leading TON native DEXs and protocols, and more DeFi giants which are entering TON like Ethena and Curve Finance. This offers TON users flexible and stable yield strategies through various DeFi opportunities while maintaining staking rewards. "TONX's triumph is a powerful testament to why KTON has solidified its place as a trusted pillar in the ecosystem," said Howard Peng of TON Ventures. "TONX's triumph is a powerful testament to why KTON has solidified its place as a trusted pillar in the ecosystem," said Howard Peng of TON Ventures. TONXKTON Sets New Standards for TON Liquid Staking Infrastructure KTON is addressing the critical challenges of existing liquid staking solutions, such as concentration risks and lack of standardization, by introducing a decentralized protocol with institutional-grade security. To further enhance accessibility, KTON is launching a Telegram Mini App designed for the platform’s 950M users in a move to bridge DeFi adoption and mainstream accessibility. By integrating liquid staking directly within Telegram, KTON simplifies the process, ensuring that anyone can participate with ease. This innovative approach positions KTON to drive the widespread adoption of TON blockchain technology, expanding its reach in the US market and globally. The platform’s roadmap goes beyond staking rewards. Following the launch of KTON V1, the planned upgrade will introduce a dual-token model featuring $KTON and a new governance token. This system allows $KTON holders to earn rewards while actively participating in KTON DAO governance. Unlock Your Yield with KTON, Launching February 2025 KTON is poised to seize the $6.12 billion market potential in TON's liquid staking ecosystem with its enterprise-grade staking services. Launching this February, KTON provides the most secure and user-friendly solutions for both retail and institutional clients, enabling them to unlock liquidity, maximize staking rewards, and confidently participate in TON’s thriving DeFi ecosystem. KTON’s commitment to security, combined with a decentralized governance structure, makes KTON a trusted choice for staking at scale. For partnerships and customized solutions, contact: contact@kton.io About KTON KTON is a next-generation liquid staking protocol built for the TON ecosystem, designed to unlock liquidity for both retail and institutional users. Through its liquid staking token $KTON, users can participate in TON's growing DeFi ecosystem while earning staking rewards.adoption Combining institutional-grade security with decentralized governance and seamless Telegram integration, KTON aims to drive TON's ecosystem growth and mass adoption. X | Telegram X X Telegram Telegram About TONX Founded in 2021, TONX is a SuperApp platform layer driving the new Web3 economy. As a cornerstone of the TON ecosystem, it delivers powerful tools like TONX API, a trusted RPC solution integrated with over 20 leading projects, and Tonkey, a secure multi-signature wallet managing over $400 million in assets. TONX | X | Telegram | Blog | Docs | TONX API | Tonkey TONX TONX X X Telegram Telegram Blog Blog Docs Docs TONX API TONX API Tonkey Tonkey This story was distributed as a release by Btcwire under HackerNoon’s Business Blogging Program. Learn more about the program here This story was distributed as a release by Btcwire under HackerNoon’s Business Blogging Program. Learn more about the program here here here

KTON Targets $6.12 Billion Liquid Staking Opportunity On TON, Tapping Telegram’s 950 Million Users

تستهدف KTON فرصة استثمار 6.12 مليار دولار في TON، مستغلة مستخدمي Telegram البالغ عددهم 950 مليونًا

KTON, Telegram-ın 950 milyon istifadəçisini vuraraq, TON-da 6,12 milyard dollarlıq maye saxlama imkanını hədəfləyir

KTON цели 6,12 милиарда долара възможност за течен залог на TON, използвайки 950 милиона потребители на Telegram

KTON apunta a una oportunidad de staking líquido de $6,12 mil millones en TON, aprovechando los 950 millones de usuarios de Telegram

KTON tavoittelee 6,12 miljardin dollarin nestepanosmahdollisuutta TONissa, hyödyntäen Telegramin 950 miljoonaa käyttäjää

KTON vise une opportunité de jalonnement liquide de 6,12 milliards de dollars sur TON, en exploitant les 950 millions d'utilisateurs de Telegram

KTON ने TON पर $6.12 बिलियन लिक्विड स्टेकिंग अवसर का लक्ष्य रखा है, जो टेलीग्राम के 950 मिलियन उपयोगकर्ताओं का लाभ उठाएगा

A KTON 6,12 milliárd dolláros folyékony befektetési lehetőséget céloz meg a TON-on, megérintve a Telegram 950 millió felhasználóját

KTONはTON上で61億2千万ドルの流動性ステーキングの機会を狙っており、テレグラムの9億5千万人のユーザーを活用している。

KTON, TON에서 61억 2천만 달러 규모의 유동적 스테이킹 기회 목표, Telegram의 9억 5천만 사용자 활용

KTON нь 6.12 тэрбум долларын шингэнийг ТОН-д байршуулах боломжийг зорилт болгож, Telegram-ын 950 сая хэрэглэгчийг дарж байна.

KTON e Nepiša Monyetla wa go Beakanya Seela sa $6.12 Billion Go TON, e Kgwatha Badiriši ba Telegram’s 950 Million

Dubai, United Arab Emirates, January 23rd, 2025/Chainwire/--Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has shared its vision for 2025 during the livestream event: Keynote with Ben: In the Driving Seat to the Moon — Beat the Unknown. Ben Zhou, Co-founder and CEO, reflected on Bybit’s 2024 journey, emphasizing the company’s dedication to growth, innovation, and its guiding principle: 'Listen, Care, Improve.' The event, featuring insights from Bybit’s leadership team, highlighted key milestones, solutions to major challenges, and plans to empower users and advance the cryptocurrency ecosystem. A Transparent and User-Centric Approach Bybit’s 2025 vision is a testament to the company’s commitment to placing its users at the center of every initiative. Zhou, in a keynote address, underscored the importance of embracing both achievements and challenges. “To build a better Bybit for all, we must listen to our users, care deeply about their needs, and constantly improve. Our vision for 2025 reflects these values,” Zhou stated. The keynote showcased Bybit’s accomplishments in 2024 while openly discussing areas for improvement, underscoring the company’s pledge to maintain transparency and foster trust within its community. Staying Connected to Users At the core of Bybit’s philosophy lies an unwavering commitment to listening to its users. “Our goal is to be the exchange that truly understands its users and acts on their feedback,” Zhou emphasized during the keynote. This user-centric approach has driven Bybit to engage actively with its community to identify and address pain points. In 2024, the Bybit Card program, enhanced in response to user feedback, expanded into six regions with improved features such as faster support response times (reduced from 32 to 12 hours), better rates, and seamless integration with digital wallets like Apple Pay and Google Pay. Turning Challenges into Opportunities Bybit’s dedication to its users was exemplified in how it transformed challenges into growth opportunities. For instance, the $NOT coin incident, which impacted over 310,000 users, highlighted gaps in handling high traffic and trading volumes. Zhou remarked, “We listened, owned our mistakes, and used these experiences to build better systems.” These lessons enabled Bybit to seamlessly handle the $HMSTR token airdrop later in the year, delivering tokens to 4.3 million participants without delays. Bybit took this chance to build an effective traffic prediction model and upgraded its SOPs to manage massive volume spikes in the future. Stablecoin partnerships with Circle, Ethena, and Tether reinforced Bybit’s focus on user needs. These collaborations solidified Bybit’s position as a leader in USDC trading, achieving a 36% market share, while USDe dominated with a 99% market share in the second half of 2024. Advancing Products and the Industry Bybit’s pursuit of improvement translated into several innovations in 2024. TradeGPT, the industry-first platform’s AI-powered trading assistant, attracted over 5 million users, redefining how traders access insights and market analysis. Pre-Market Perpetuals, allowing traders to hedge and speculate before token launches, saw notable engagement with tokens like $HYPE and $TRUMP. The platform also enhanced its Puzzle Hunt program, combining gamified education with rewards, and continued expanding Launchpool, which simplifies earning rewards from promising projects. With ByVotes 2.0, users can gain a greater voice in project listings, reinforcing Bybit’s community-focused ethos. Bybit also launched bbSOL, the world’s first exchange-backed liquidity staking token on Solana, achieving a Total Value Locked (TVL) of $240 million within just five months. Bybit continued its role as an innovator in ecosystem expansion, forming strategic partnerships with Solana, TON, and Sui. These collaborations introduced new opportunities for users while underscoring Bybit’s commitment to fostering blockchain innovation. The exchange achieved record growth, tripling its user base to over 60 million and surpassing an average daily trading volume of $36 billion "Our progress is a reflection of the trust our users place in us and our determination to set new standards in the industry," Zhou remarked. A Visionary Roadmap for 2025 Bybit’s roadmap for 2025 reflects its core philosophy of Listen, Care, Improve, prioritizing tools, liquidity, and user-centric initiatives that redefine the crypto landscape. Strategic partnerships will further diversify Bybit’s offerings. Collaborations with Ethena have introduced innovations like USDe, and upcoming products such as real-world asset (RWA)-backed instruments, including T-bills, will enrich Bybit Earn’s portfolio. These initiatives align with Bybit’s commitment to integrating traditional assets into crypto portfolios, enhancing both flexibility and reliability. Bybit envisions a future deeply integrated with Web3 under the banner of The Future of Onchain Bybit: Your Gateway to Web3. This includes integrating on-chain asset management, advanced trading tools, and DeFi solutions into a seamless, all-in-one Web3 platform for all. Bybit also plans significant on-chain asset expansions and new wallet and infrastructure upgrades, while deepening integration with growing ecosystems like Atom, Ada, Babylon, Athena, Sei, Monad, Bera, and more. "Our roadmap for 2025 reflects our commitment to empowering users and advancing the crypto ecosystem," Zhou stated. "We will continue to innovate, improve, and make crypto accessible for everyone." #Bybit / #TheCryptoArk / #KeynotewithBen About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com. For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@bybit.com For updates, please follow: Bybit's Communities and Social Media Contact Head of PR Tony Au Bybit tony.au@bybit.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here Dubai, United Arab Emirates, January 23rd, 2025/Chainwire/--Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has shared its vision for 2025 during the livestream event: Keynote with Ben: In the Driving Seat to the Moon — Beat the Unknown . Ben Zhou, Co-founder and CEO, reflected on Bybit’s 2024 journey, emphasizing the company’s dedication to growth, innovation, and its guiding principle: 'Listen, Care, Improve.' Keynote with Ben: In the Driving Seat to the Moon — Beat the Unknown Keynote with Ben: In the Driving Seat to the Moon — Beat the Unknown The event, featuring insights from Bybit’s leadership team, highlighted key milestones, solutions to major challenges, and plans to empower users and advance the cryptocurrency ecosystem. A Transparent and User-Centric Approach Bybit’s 2025 vision is a testament to the company’s commitment to placing its users at the center of every initiative. Zhou, in a keynote address, underscored the importance of embracing both achievements and challenges. “To build a better Bybit for all, we must listen to our users, care deeply about their needs, and constantly improve. Our vision for 2025 reflects these values,” Zhou stated. “To build a better Bybit for all, we must listen to our users, care deeply about their needs, and constantly improve. Our vision for 2025 reflects these values,” Zhou stated. The keynote showcased Bybit’s accomplishments in 2024 while openly discussing areas for improvement, underscoring the company’s pledge to maintain transparency and foster trust within its community. Staying Connected to Users At the core of Bybit’s philosophy lies an unwavering commitment to listening to its users. “Our goal is to be the exchange that truly understands its users and acts on their feedback,” Zhou emphasized during the keynote. “Our goal is to be the exchange that truly understands its users and acts on their feedback,” Zhou emphasized during the keynote. This user-centric approach has driven Bybit to engage actively with its community to identify and address pain points. In 2024, the Bybit Card program, enhanced in response to user feedback, expanded into six regions with improved features such as faster support response times (reduced from 32 to 12 hours), better rates, and seamless integration with digital wallets like Apple Pay and Google Pay. Turning Challenges into Opportunities Bybit’s dedication to its users was exemplified in how it transformed challenges into growth opportunities. For instance, the $NOT coin incident, which impacted over 310,000 users, highlighted gaps in handling high traffic and trading volumes. Zhou remarked, “We listened, owned our mistakes, and used these experiences to build better systems.” “We listened, owned our mistakes, and used these experiences to build better systems.” These lessons enabled Bybit to seamlessly handle the $HMSTR token airdrop later in the year, delivering tokens to 4.3 million participants without delays. Bybit took this chance to build an effective traffic prediction model and upgraded its SOPs to manage massive volume spikes in the future. Stablecoin partnerships with Circle, Ethena, and Tether reinforced Bybit’s focus on user needs. These collaborations solidified Bybit’s position as a leader in USDC trading, achieving a 36% market share, while USDe dominated with a 99% market share in the second half of 2024. Advancing Products and the Industry Bybit’s pursuit of improvement translated into several innovations in 2024. TradeGPT, the industry-first platform’s AI-powered trading assistant, attracted over 5 million users, redefining how traders access insights and market analysis. Pre-Market Perpetuals, allowing traders to hedge and speculate before token launches, saw notable engagement with tokens like $HYPE and $TRUMP. The platform also enhanced its Puzzle Hunt program, combining gamified education with rewards, and continued expanding Launchpool, which simplifies earning rewards from promising projects. With ByVotes 2.0, users can gain a greater voice in project listings, reinforcing Bybit’s community-focused ethos. Bybit also launched bbSOL, the world’s first exchange-backed liquidity staking token on Solana, achieving a Total Value Locked (TVL) of $240 million within just five months. Bybit continued its role as an innovator in ecosystem expansion, forming strategic partnerships with Solana, TON, and Sui. These collaborations introduced new opportunities for users while underscoring Bybit’s commitment to fostering blockchain innovation. The exchange achieved record growth, tripling its user base to over 60 million and surpassing an average daily trading volume of $36 billion "Our progress is a reflection of the trust our users place in us and our determination to set new standards in the industry," Zhou remarked. A Visionary Roadmap for 2025 Bybit’s roadmap for 2025 reflects its core philosophy of Listen, Care, Improve, prioritizing tools, liquidity, and user-centric initiatives that redefine the crypto landscape. Strategic partnerships will further diversify Bybit’s offerings. Collaborations with Ethena have introduced innovations like USDe, and upcoming products such as real-world asset (RWA)-backed instruments, including T-bills, will enrich Bybit Earn’s portfolio. These initiatives align with Bybit’s commitment to integrating traditional assets into crypto portfolios, enhancing both flexibility and reliability. Bybit envisions a future deeply integrated with Web3 under the banner of The Future of Onchain Bybit: Your Gateway to Web3. This includes integrating on-chain asset management, advanced trading tools, and DeFi solutions into a seamless, all-in-one Web3 platform for all. Bybit also plans significant on-chain asset expansions and new wallet and infrastructure upgrades, while deepening integration with growing ecosystems like Atom, Ada, Babylon, Athena, Sei, Monad, Bera, and more. "Our roadmap for 2025 reflects our commitment to empowering users and advancing the crypto ecosystem," Zhou stated. "We will continue to innovate, improve, and make crypto accessible for everyone." "Our roadmap for 2025 reflects our commitment to empowering users and advancing the crypto ecosystem," Zhou stated. "We will continue to innovate, improve, and make crypto accessible for everyone." #Bybit / #TheCryptoArk / #KeynotewithBen About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com . Bybit.com Bybit.com For more details about Bybit, please visit Bybit Press Bybit Press Bybit Press For media inquiries, please contact: media@bybit.com media@bybit.com media@bybit.com For updates, please follow: Bybit's Communities and Social Media Bybit's Communities and Social Media Bybit's Communities and Social Media Contact Head of PR Tony Au Bybit tony.au@bybit.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here here here

Bybit Unveils 2025 Vision: A User-Centric Approach To Crypto Innovation

تكشف شركة Bybit عن رؤيتها لعام 2025: نهج يركز على المستخدم في مجال ابتكارات العملات المشفرة

Bybit ukax 2025 maran uñjäwip uñacht’ayi: Mä Usuario-Céntrico uñakipaña Cripto Innovación ukataki

Bybit presenta su visión para 2025: un enfoque centrado en el usuario para la innovación en criptomonedas

Bybit presenta a visión 2025: un enfoque centrado no usuario para a innovación criptográfica

A Bybit bemutatja a 2025-ös jövőképet: a kriptográfiai innováció felhasználóközpontú megközelítése

Bybitが2025年のビジョンを発表：暗号通貨イノベーションへのユーザー中心のアプローチ

Bybit 2025 Vision ачат: Крипто инновациясына колдонуучуга багытталган мамиле

Bybit ເປີດເຜີຍວິໄສທັດ 2025: ວິທີທີ່ຜູ້ໃຊ້ເປັນໃຈກາງໃນການປະດິດສ້າງ Crypto

Bybit revela a visão para 2025: uma abordagem centrada no usuário para a inovação em criptomoedas

Bybit odhaľuje víziu 2025: prístup zameraný na používateľov ku krypto inováciám

Бибит открива визију 2025: Приступ крипто иновацијама оријентисан на корисника

“Bybit” 2025 görnüşini görkezýär: Kripto innowasiýasyna ulanyjy merkezi çemeleşmesi

Predicting Crypto 2025: Up, Up, and… Away?

Kripto 2025-i proqnozlaşdırmaq: Yuxarı, Yuxarı və… Uzaq?

Predicció de Crypto 2025: amunt, amunt i... Amb?

Predicción de criptomonedas para 2025: ¿subir, subir y… alejarse?

חיזוי קריפטו 2025: למעלה, למעלה ו... במרחק?

2025 年の暗号通貨の予測: 上昇、上昇、そして…離れていく?

Kosakola Crypto 2025: Likolo, Likolo, mpe... Mosika?

Meramalkan Kripto 2025: Naik, Naik, dan… Tinggal?

Crypto 2025 voorspellen: omhoog, omhoog en… weg?

Prognozowanie kryptowalut na rok 2025: wzrost, wzrost i… koniec?

د کریپټو 2025 وړاندوینه: پورته، پورته، او… لرې؟

Kufanotaura Crypto 2025: Kumusoro, Kumusoro, uye… Kure?

Kripto 2025'i Tahmin Etmek: Yukarı, Yukarı ve… Uzakta mı?

SINGAPORE, Singapore, December 19th, 2024/Chainwire/--Mantle Network, an Ethereum layer 2 (L2) known for its modular design and being the first adopter of EigenLayer’s EigenDA, today announced its architectural transition to a zero-knowledge (ZK) validity rollup through an industry-first alliance with Succinct. Combining its modular architecture, data availability solutions through EigenDA, and now zero-knowledge proofs via SP1, Mantle Network embarks on creating the liquidity chain for institutional-grade settlement and value transfer in the crypto ecosystem. Since Mantle Network’s mainnet launch on July 7, 2023, the burgeoning on-chain ecosystem has grown to become a top 5 L2 by total value locked (TVL) with $2.2 billion and counting. The network has processed 175 million on-chain transactions, seen 1.4 million smart contracts deployed, connected to 10 million unique wallet addresses and maintained 4.9 million monthly active wallet addresses since its inception. Mantle Network continues to drive capital efficiency in the on-chain economy with the integration of ZK validity rollup technology, providing crucial next-generation technical infrastructure to support and amplify secure growth of high-value asset settlements. Backed by one of the largest community-owned treasuries globally with $4.3 billion in asset reserves, Mantle Network’s technical roadmap directly supports its vision of accelerating seamless, secure and efficient movement of institutional capital across traditional and decentralized markets. Accelerating Institutional-Grade Asset Settlements Through ZK Validity Innovation With the testnet launch in Q1 2025 with intention towards mainnet upgrade, Mantle Network is set to evolve from an optimistic rollup model to a ZK validity rollup through Succinct’s SP1. This architectural change drastically reduces chain finality from seven days to one hour – enabling fast institutional-grade asset settlements that support and address capital efficiency opportunities throughout traditional finance and the blockchain industry. The transformative efficiency gains of ZK validity proofs have garnered significant market traction. Already powering applications with a cumulative $4.4 billion capital across leading ZK L2 ecosystems, Mantle Network maintains a bullish belief in the advancement of ZK technology to further the broader Ethereum ecosystem. Performance benefits can allow Mantle’s flagship assets, such as $mETH, $cmETH and $FBTC, with an aggregate $3.9 billion TVL, to proliferate across the wider decentralized finance (DeFi) domain. This enables better swap market spreads, lower slippage, deeper money markets, improved interest rates, and broader asset availability. Market intermediaries can rapidly rebalance inventories between Mantle Network (Layer 2) and Ethereum (Layer 1), and users can quickly move permissionlessly to access a unique set of onward routes and integrations. Key Technical Benefits The strategic integration of Succinct’s SP1 offers a suite of advanced features catered to developers and users: Fast Finality: Boasting a 168x improvement in bridging capabilities, transactions achieve finality in one hour – enabling quick withdrawals and seamless operations to redefine user experience.
EVM Equivalence: Succinct’s SP1 full EVM bytecode compatibility ensures developers can leverage existing Ethereum tooling and smart contracts without compromise.
Cost Efficiency: Prover fees integrated into transaction costs eliminate additional financial burdens for rollup teams with minimal cost impact to users, as low as fractions of a cent per transaction.
Enabling a Multi-Chain Future: The advancement reaffirms Mantle Network’s alignment with Ethereum’s security ethos while laying the groundwork for cross-rollup interoperability at scale through ZK proofs. Driving the Future of ZK Rollups OP Succinct combines the power of Succinct’s SP1 zkVM with the modularity of the OP Stack, bridging the gap between user-friendly optimistic rollups and complex zero-knowledge technology. The innovation promotes interoperability, flexibility, and standardization that addresses Ethereum’s existing challenges. By adopting ZK validity proofs, Mantle Network transactions are cryptographically verified to be correctly sequenced and settled. This higher tier of security allows everyone to more easily and safely explore frontier areas that enhance the Ethereum experience — such as supporting more advanced application logic, enabling cross-chain actions, improving latency, and adopting multi-sequencer architectures. Joshua Cheong, Product Lead at Mantle said: “In my previous banking career, I witnessed traditional banking infrastructure and legacy banking business models struggle to keep up with the emergence of FinTech disruptors built with cloud services that boast cost advantages. The introduction of programmable blockchains along with stablecoins heralds the next natural step in disruption of financial services – being even more operationally efficient and resilient. The integration of Succinct’s SP1 marks a defining chapter in Mantle Network’s strategic blockchain journey to support banking for the next generation. By uniting zero-knowledge proofs with the proven versatility of the OP Stack, we’re not just evolving as a Layer-2 solution – we’re setting a new benchmark for institutional-grade Ethereum scalability that enables highly efficient and unparalleled security for high-value transactions at the cost of a few cents with 24/7 settlements.” Uma Roy, CEO and Co-Founder at Succinct added: “Succinct’s SP1 empowers any developer to make ZK applications by just writing Rust, accelerating the adoption of ZK and verifiable computation. With OP Succinct, we can propel any OP Stack rollup into the future by providing fast finality with no downsides. By merging SP1’s blazing fast performance with Mantle’s progressive vision, we’re enabling developers to reimagine decentralized applications with unprecedented speed, efficiency, and reliability. Together, we’re building the foundation for Ethereum’s interconnected and scalable future.” A Unified Ethereum Ecosystem The synergy of fast finality, Ethereum-standard compatibility, and cost efficiency promises a profound impact, reducing fragmentation and unlocking the potential for next-generation decentralized applications (dApps). The transition enhances Mantle Network’s commitment to Ethereum’s decentralized security model as an ETH-aligned Layer 2, enabling a more cohesive ecosystem with seamless asset and information flows. Mantle Network is now poised to be a future-ready L2 chain as a native ZK rollup. As the Ethereum landscape evolves, Mantle Network’s adoption of Succinct’s SP1 positions it as a leader in scalability and innovation. Developers, users, and ecosystem partners can look forward to a faster, more secure, and interconnected Ethereum future. About Succinct Succinct brings zero-knowledge proofs to any developer with SP1—the world’s fastest zkVM. Succinct’s Decentralized Prover Network provides affordable and reliable proof generation infrastructure for rollups, bridges, coprocessors and other applications using ZKPs. SP1 is used by the most renowned teams in the industry, including Celestia, Avail, Lido, Polygon, AggLayer and many more. Website | X/Twitter | Discord | Blog | Documentation About Mantle Mantle is building the largest sustainable hub for on-chain finance. Through its core products — Mantle Network, mETH Protocol, and FBTC — Mantle is unlocking the future of finance by blending institutional expertise with the transformative power of blockchain. Anchored by the Mantle Treasury, the largest community-owned treasury in the ecosystem, Mantle ensures robust liquidity and financial stability. With over $4.3 billion in assets, it actively funds core product development and fosters the growth of asset partners, such as Agora AUSD, Ethena USDe, Ondo USDY, and EigenLayer restaking, enhancing sustainable yield, deep liquidity, and financial utility on the Mantle Network. Website | X/Twitter | Devs X/Twitter | Discord | Telegram | YouTube | Blog | GitHub Contact Mantle windrangerlabs@wachsman.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here SINGAPORE, Singapore, December 19th, 2024/Chainwire/--Mantle Network, an Ethereum layer 2 (L2) known for its modular design and being the first adopter of EigenLayer’s EigenDA, today announced its architectural transition to a zero-knowledge (ZK) validity rollup through an industry-first alliance with Succinct . Succinct Succinct Combining its modular architecture, data availability solutions through EigenDA, and now zero-knowledge proofs via SP1, Mantle Network embarks on creating the liquidity chain for institutional-grade settlement and value transfer in the crypto ecosystem. Since Mantle Network’s mainnet launch on July 7, 2023, the burgeoning on-chain ecosystem has grown to become a top 5 L2 by total value locked (TVL) with $2.2 billion and counting. top 5 L2 top 5 L2 The network has processed 175 million on-chain transactions, seen 1.4 million smart contracts deployed, connected to 10 million unique wallet addresses and maintained 4.9 million monthly active wallet addresses since its inception. The network The network Mantle Network continues to drive capital efficiency in the on-chain economy with the integration of ZK validity rollup technology, providing crucial next-generation technical infrastructure to support and amplify secure growth of high-value asset settlements. Backed by one of the largest community-owned treasuries globally with $4.3 billion in asset reserves, Mantle Network’s technical roadmap directly supports its vision of accelerating seamless, secure and efficient movement of institutional capital across traditional and decentralized markets. $4.3 billion $4.3 billion Accelerating Institutional-Grade Asset Settlements Through ZK Validity Innovation With the testnet launch in Q1 2025 with intention towards mainnet upgrade, Mantle Network is set to evolve from an optimistic rollup model to a ZK validity rollup through Succinct’s SP1. This architectural change drastically reduces chain finality from seven days to one hour – enabling fast institutional-grade asset settlements that support and address capital efficiency opportunities throughout traditional finance and the blockchain industry. The transformative efficiency gains of ZK validity proofs have garnered significant market traction. Already powering applications with a cumulative $4.4 billion capital across leading ZK L2 ecosystems, Mantle Network maintains a bullish belief in the advancement of ZK technology to further the broader Ethereum ecosystem. Performance benefits can allow Mantle’s flagship assets, such as $mETH, $cmETH and $FBTC, with an aggregate $3.9 billion TVL, to proliferate across the wider decentralized finance (DeFi) domain. This enables better swap market spreads, lower slippage, deeper money markets, improved interest rates, and broader asset availability. Market intermediaries can rapidly rebalance inventories between Mantle Network (Layer 2) and Ethereum (Layer 1), and users can quickly move permissionlessly to access a unique set of onward routes and integrations. Key Technical Benefits The strategic integration of Succinct’s SP1 offers a suite of advanced features catered to developers and users: Fast Finality: Boasting a 168x improvement in bridging capabilities, transactions achieve finality in one hour – enabling quick withdrawals and seamless operations to redefine user experience. EVM Equivalence: Succinct’s SP1 full EVM bytecode compatibility ensures developers can leverage existing Ethereum tooling and smart contracts without compromise. Cost Efficiency: Prover fees integrated into transaction costs eliminate additional financial burdens for rollup teams with minimal cost impact to users, as low as fractions of a cent per transaction. Enabling a Multi-Chain Future: The advancement reaffirms Mantle Network’s alignment with Ethereum’s security ethos while laying the groundwork for cross-rollup interoperability at scale through ZK proofs. Fast Finality: Boasting a 168x improvement in bridging capabilities, transactions achieve finality in one hour – enabling quick withdrawals and seamless operations to redefine user experience. EVM Equivalence: Succinct’s SP1 full EVM bytecode compatibility ensures developers can leverage existing Ethereum tooling and smart contracts without compromise. Cost Efficiency: Prover fees integrated into transaction costs eliminate additional financial burdens for rollup teams with minimal cost impact to users, as low as fractions of a cent per transaction. Enabling a Multi-Chain Future: The advancement reaffirms Mantle Network’s alignment with Ethereum’s security ethos while laying the groundwork for cross-rollup interoperability at scale through ZK proofs. Driving the Future of ZK Rollups OP Succinct combines the power of Succinct’s SP1 zkVM with the modularity of the OP Stack, bridging the gap between user-friendly optimistic rollups and complex zero-knowledge technology. The innovation promotes interoperability, flexibility, and standardization that addresses Ethereum’s existing challenges. By adopting ZK validity proofs, Mantle Network transactions are cryptographically verified to be correctly sequenced and settled. This higher tier of security allows everyone to more easily and safely explore frontier areas that enhance the Ethereum experience — such as supporting more advanced application logic, enabling cross-chain actions, improving latency, and adopting multi-sequencer architectures. Joshua Cheong, Product Lead at Mantle said: “In my previous banking career, I witnessed traditional banking infrastructure and legacy banking business models struggle to keep up with the emergence of FinTech disruptors built with cloud services that boast cost advantages. The introduction of programmable blockchains along with stablecoins heralds the next natural step in disruption of financial services – being even more operationally efficient and resilient. The integration of Succinct’s SP1 marks a defining chapter in Mantle Network’s strategic blockchain journey to support banking for the next generation. By uniting zero-knowledge proofs with the proven versatility of the OP Stack, we’re not just evolving as a Layer-2 solution – we’re setting a new benchmark for institutional-grade Ethereum scalability that enables highly efficient and unparalleled security for high-value transactions at the cost of a few cents with 24/7 settlements.” Joshua Cheong, Product Lead at Mantle said: “In my previous banking career, I witnessed traditional banking infrastructure and legacy banking business models struggle to keep up with the emergence of FinTech disruptors built with cloud services that boast cost advantages. The introduction of programmable blockchains along with stablecoins heralds the next natural step in disruption of financial services – being even more operationally efficient and resilient. The integration of Succinct’s SP1 marks a defining chapter in Mantle Network’s strategic blockchain journey to support banking for the next generation. By uniting zero-knowledge proofs with the proven versatility of the OP Stack, we’re not just evolving as a Layer-2 solution – we’re setting a new benchmark for institutional-grade Ethereum scalability that enables highly efficient and unparalleled security for high-value transactions at the cost of a few cents with 24/7 settlements.” Uma Roy, CEO and Co-Founder at Succinct added: “Succinct’s SP1 empowers any developer to make ZK applications by just writing Rust, accelerating the adoption of ZK and verifiable computation. With OP Succinct, we can propel any OP Stack rollup into the future by providing fast finality with no downsides. By merging SP1’s blazing fast performance with Mantle’s progressive vision, we’re enabling developers to reimagine decentralized applications with unprecedented speed, efficiency, and reliability. Together, we’re building the foundation for Ethereum’s interconnected and scalable future.” Uma Roy, CEO and Co-Founder at Succinct added: “Succinct’s SP1 empowers any developer to make ZK applications by just writing Rust, accelerating the adoption of ZK and verifiable computation. With OP Succinct, we can propel any OP Stack rollup into the future by providing fast finality with no downsides. By merging SP1’s blazing fast performance with Mantle’s progressive vision, we’re enabling developers to reimagine decentralized applications with unprecedented speed, efficiency, and reliability. Together, we’re building the foundation for Ethereum’s interconnected and scalable future.” A Unified Ethereum Ecosystem The synergy of fast finality, Ethereum-standard compatibility, and cost efficiency promises a profound impact, reducing fragmentation and unlocking the potential for next-generation decentralized applications (dApps). The transition enhances Mantle Network’s commitment to Ethereum’s decentralized security model as an ETH-aligned Layer 2, enabling a more cohesive ecosystem with seamless asset and information flows. Mantle Network is now poised to be a future-ready L2 chain as a native ZK rollup. As the Ethereum landscape evolves, Mantle Network’s adoption of Succinct’s SP1 positions it as a leader in scalability and innovation. Developers, users, and ecosystem partners can look forward to a faster, more secure, and interconnected Ethereum future. About Succinct Succinct brings zero-knowledge proofs to any developer with SP1—the world’s fastest zkVM. Succinct’s Decentralized Prover Network provides affordable and reliable proof generation infrastructure for rollups, bridges, coprocessors and other applications using ZKPs. SP1 is used by the most renowned teams in the industry, including Celestia, Avail, Lido, Polygon, AggLayer and many more. Website | X/Twitter | Discord | Blog | Documentation Website Website X/Twitter X/Twitter Discord Discord Blog Blog Documentation Documentation About Mantle Mantle is building the largest sustainable hub for on-chain finance. Through its core products — Mantle Network, mETH Protocol, and FBTC — Mantle is unlocking the future of finance by blending institutional expertise with the transformative power of blockchain. Anchored by the Mantle Treasury, the largest community-owned treasury in the ecosystem, Mantle ensures robust liquidity and financial stability. With over $4.3 billion in assets, it actively funds core product development and fosters the growth of asset partners, such as Agora AUSD, Ethena USDe, Ondo USDY, and EigenLayer restaking, enhancing sustainable yield, deep liquidity, and financial utility on the Mantle Network. Website | X/Twitter | Devs X/Twitter | Discord | Telegram | YouTube | Blog | GitHub Website Website X/Twitter X/Twitter Devs X/Twitter Devs X/Twitter Discord Discord Telegram Telegram YouTube YouTube Blog Blog GitHub GitHub Contact Mantle windrangerlabs@wachsman.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here here here

Mantle Network Advances Technical Roadmap As The First ZK Validity Rollup With Succinct’s SP1

Mantle Network напредва в техническата пътна карта като първия ZK Validity Rollup със SP1 на Succinct

Mantle Network posouvá technický plán jako první souhrn platnosti ZK se Succinctem SP1

Mantle Network avanza en su hoja de ruta técnica como el primer paquete acumulativo de validez de ZK con SP1 de Succinct

Mantle Network نقشه راه فنی را به عنوان اولین مجموعه اعتبار ZK با SP1 Succinct پیشرفت می کند.

Mantle Network は、Succinct の SP1 で初の ZK 妥当性ロールアップとして技術ロードマップを前進させました。

Mantle Network avança roteiro técnico como o primeiro rollup de validade ZK com SP1 da Succinct

Mantle Network Ñawpaqman purin Técnico Hoja de Ruta Ñawpaq ZK Validez Rollup hina Succinct’s SP1 kaqwan

Mantle Network Itezimbere Igishushanyo cya Tekiniki Nka ZK Yambere Yuzuye Yuzuye hamwe na SP1 ya Succinct

Мантле Нетворк унапређује техничку мапу пута као први ЗК пакет ваљаности са Суццинцт-овим СП1

மேன்டில் நெட்வொர்க் டெக்னிக்கல் ரோட்மேப்பை முதல் ZK வேலிடிட்டி ரோல்அப் ஆக Succinct இன் SP1 உடன் மேம்படுத்துகிறது

Mantle Network удосконалює технічну дорожню карту як перше зведення ZK Validity з пакетом оновлень 1 від Succinct

Uthungelwano lweMantle luqhubela phambili Imephu yendlela yobuGcisa NjengoQoqosho lokuQinisekisa kwe-ZK kunye ne-Succinct's SP1.

SINGAPORE, Singapore, December 18th, 2024/Chainwire/--dTRINITY, a next-generation stablecoin liquidity protocol, has announced its mainnet debut on the Fraxtal L2 network. The platform is designed to lower interest expenses and improve yields for stablecoin users, addressing the key challenge of rising credit costs in DeFi. At the core of dTRINITY is a protocol-native stablecoin (dUSD), which serves as the unified liquidity layer between its money markets (dLEND, an Aave v3 fork) and external liquidity pools (e.g., Curve). dUSD is backed 1:1 by an on-chain collateral reserve consisting of stablecoins such as USDC, FRAX, and DAI, as well as yieldcoins like sFRAX and sDAI. Exogenous yields from the reserve are redirected to fund ongoing interest rebates for dUSD borrowers on dLEND, based on their outstanding debts, which reduces the effective borrowing cost. This mechanism not only stimulates borrowing demand but also drives more sustainable utilization and yields for dUSD lenders. dTRINITY is launching on Fraxtal as its genesis network in a strategic collaboration with Frax to optimize ecosystem liquidity and user incentives. Fraxtal is an EVM-equivalent rollup with a scalable smart contract platform and efficient execution environment powered by the OP stack. Users can take advantage of Fraxtal’s fast transaction speed, low gas fees, robust network security, and unique blockspace rewards, further enhancing their benefits. In the near future, dTRINITY plans to expand to Ethereum and other emerging blockchains, strengthening cross-chain liquidity and interoperability with Fraxtal as the network scales. Key Features of dTRINITY: Subsidized Interest Rate Model: dTRINITY’s innovative subsidized interest rate model lowers the equilibrium of stablecoin borrowing costs on dLEND vs. other protocols without impacting lending yields. In fact, rebates at low utilization levels could even result in negative interest rates for dUSD borrowers (i.e., borrowers could get paid to borrow).
Liquidity Incentives: dUSD lenders and liquidity providers benefit from a combination of protocol rewards and external incentives from strategic partners (in both points and tokens) for supplying and bolstering liquidity in the ecosystem.
Security & Risk Management: dTRINITY has successfully completed smart contract audits with three leading blockchain security firms: Halborn, Verichains, and Cyberscope. Additionally, the protocol disables rehypothecation of supplied collateral by default to minimize risk exposure. dUSD is the only borrowable asset on dLEND and it cannot be borrowed against itself.
Strategic Partnerships: In addition to Frax, dTRINITY also plans to collaborate symbiotically with other major DeFi protocols. First, dUSD can be expanded to other lending platforms (e.g., Fraxlend, Morpho), providing their users with similar subsidy benefits. Secondly, dUSD can serve as a cheaper medium of leverage for loopers using other stablecoins/yieldcoins (e.g., Ethena, crvUSD), increasing demand for both projects. Furthermore, the dUSD reserve’s composition will be diversified over time, opening up potential partnership opportunities with more stablecoin/yieldcoin projects. dTRINITY's core contributors include the co-founders of Stably. The project has been in development since Q2 2024 and secured 1st place at both the ETHVietnam and Fraxtal Hackathons earlier this year. Strategically, dTRINITY is advised by the co-founders of Frax, Convex, Sky (formerly MakerDAO), Coin98, and Promontory Partners, bringing a wealth of expertise from leading stablecoin and DeFi pioneers to the protocol’s development. For more information, users can visit dtrinity.org and follow @dTRINITY_DeFi on X. Disclaimer: dTRINITY is not available to residents of Belarus, Canada, Cuba, Haiti, Iran, Myanmar, North Korea, Russia (including Crimea), Somalia, South Sudan, Syria, the USA, the UK, Venezuela, and other prohibited jurisdictions. The information contained herein should not be considered legal, business, financial, or tax advice. Past performance is not indicative of future results. Digital assets and DeFi protocols carry significant risks, including the potential for loss of funds. Users should conduct their own research and seek professional advice before interacting with digital assets and DeFi protocols. About dTRINITY dTRINITY is the world's first subsidized lending protocol, designed to reduce borrowing costs and enhance yields for stablecoin users in DeFi. The protocol is powered by dUSD, a decentralized stablecoin backed 1:1 by an on-chain yieldcoin reserve. Exogenous yields from the reserve are used to fund ongoing interest rebates for dUSD borrowers, lowering their effective borrowing rates. dTRINITY is now live on the Fraxtal L2, and it will be expanded to Ethereum plus other networks in the future. Contact Core Contributor Kory Hoang Trinity Foundation Ltd hello@dtrinity.org This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here SINGAPORE, Singapore, December 18th, 2024/Chainwire/--dTRINITY, a next-generation stablecoin liquidity protocol, has announced its mainnet debut on the Fraxtal L2 network. The platform is designed to lower interest expenses and improve yields for stablecoin users, addressing the key challenge of rising credit costs in DeFi. At the core of dTRINITY is a protocol-native stablecoin (dUSD), which serves as the unified liquidity layer between its money markets (dLEND, an Aave v3 fork) and external liquidity pools (e.g., Curve). dUSD is backed 1:1 by an on-chain collateral reserve consisting of stablecoins such as USDC, FRAX, and DAI, as well as yieldcoins like sFRAX and sDAI. Exogenous yields from the reserve are redirected to fund ongoing interest rebates for dUSD borrowers on dLEND, based on their outstanding debts, which reduces the effective borrowing cost. This mechanism not only stimulates borrowing demand but also drives more sustainable utilization and yields for dUSD lenders. dTRINITY is launching on Fraxtal as its genesis network in a strategic collaboration with Frax to optimize ecosystem liquidity and user incentives. Fraxtal is an EVM-equivalent rollup with a scalable smart contract platform and efficient execution environment powered by the OP stack. Users can take advantage of Fraxtal’s fast transaction speed, low gas fees, robust network security, and unique blockspace rewards, further enhancing their benefits. In the near future, dTRINITY plans to expand to Ethereum and other emerging blockchains, strengthening cross-chain liquidity and interoperability with Fraxtal as the network scales. Key Features of dTRINITY: Subsidized Interest Rate Model: dTRINITY’s innovative subsidized interest rate model lowers the equilibrium of stablecoin borrowing costs on dLEND vs. other protocols without impacting lending yields. In fact, rebates at low utilization levels could even result in negative interest rates for dUSD borrowers (i.e., borrowers could get paid to borrow). Liquidity Incentives: dUSD lenders and liquidity providers benefit from a combination of protocol rewards and external incentives from strategic partners (in both points and tokens) for supplying and bolstering liquidity in the ecosystem. Security & Risk Management: dTRINITY has successfully completed smart contract audits with three leading blockchain security firms: Halborn, Verichains, and Cyberscope. Additionally, the protocol disables rehypothecation of supplied collateral by default to minimize risk exposure. dUSD is the only borrowable asset on dLEND and it cannot be borrowed against itself. Strategic Partnerships: In addition to Frax, dTRINITY also plans to collaborate symbiotically with other major DeFi protocols. First, dUSD can be expanded to other lending platforms (e.g., Fraxlend, Morpho), providing their users with similar subsidy benefits. Secondly, dUSD can serve as a cheaper medium of leverage for loopers using other stablecoins/yieldcoins (e.g., Ethena, crvUSD), increasing demand for both projects. Furthermore, the dUSD reserve’s composition will be diversified over time, opening up potential partnership opportunities with more stablecoin/yieldcoin projects. Subsidized Interest Rate Model: dTRINITY’s innovative subsidized interest rate model lowers the equilibrium of stablecoin borrowing costs on dLEND vs. other protocols without impacting lending yields. In fact, rebates at low utilization levels could even result in negative interest rates for dUSD borrowers (i.e., borrowers could get paid to borrow). Liquidity Incentives: dUSD lenders and liquidity providers benefit from a combination of protocol rewards and external incentives from strategic partners (in both points and tokens) for supplying and bolstering liquidity in the ecosystem. Security & Risk Management: dTRINITY has successfully completed smart contract audits with three leading blockchain security firms: Halborn, Verichains, and Cyberscope. Additionally, the protocol disables rehypothecation of supplied collateral by default to minimize risk exposure. dUSD is the only borrowable asset on dLEND and it cannot be borrowed against itself. Strategic Partnerships: In addition to Frax, dTRINITY also plans to collaborate symbiotically with other major DeFi protocols. First, dUSD can be expanded to other lending platforms (e.g., Fraxlend, Morpho), providing their users with similar subsidy benefits. Secondly, dUSD can serve as a cheaper medium of leverage for loopers using other stablecoins/yieldcoins (e.g., Ethena, crvUSD), increasing demand for both projects. Furthermore, the dUSD reserve’s composition will be diversified over time, opening up potential partnership opportunities with more stablecoin/yieldcoin projects. dTRINITY's core contributors include the co-founders of Stably. The project has been in development since Q2 2024 and secured 1st place at both the ETHVietnam and Fraxtal Hackathons earlier this year. Strategically, dTRINITY is advised by the co-founders of Frax, Convex, Sky (formerly MakerDAO), Coin98, and Promontory Partners, bringing a wealth of expertise from leading stablecoin and DeFi pioneers to the protocol’s development. For more information, users can visit dtrinity.org and follow @dTRINITY_DeFi on X. dtrinity.org dtrinity.org @dTRINITY_DeFi @dTRINITY_DeFi Disclaimer: dTRINITY is not available to residents of Belarus, Canada, Cuba, Haiti, Iran, Myanmar, North Korea, Russia (including Crimea), Somalia, South Sudan, Syria, the USA, the UK, Venezuela, and other prohibited jurisdictions. The information contained herein should not be considered legal, business, financial, or tax advice. Past performance is not indicative of future results. Digital assets and DeFi protocols carry significant risks, including the potential for loss of funds. Users should conduct their own research and seek professional advice before interacting with digital assets and DeFi protocols. About dTRINITY dTRINITY is the world's first subsidized lending protocol, designed to reduce borrowing costs and enhance yields for stablecoin users in DeFi. The protocol is powered by dUSD, a decentralized stablecoin backed 1:1 by an on-chain yieldcoin reserve. dTRINITY dTRINITY Exogenous yields from the reserve are used to fund ongoing interest rebates for dUSD borrowers, lowering their effective borrowing rates. dTRINITY is now live on the Fraxtal L2, and it will be expanded to Ethereum plus other networks in the future. Contact Core Contributor Kory Hoang Trinity Foundation Ltd hello@dtrinity.org This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here here here

dTRINITY Launches Subsidized Stablecoin Lending Protocol On Fraxtal L2

dTRINITY пуска субсидиран протокол за кредитиране на стабилни монети на Fraxtal L2

dTRINITY lanza un protocolo de préstamos de monedas estables subsidiadas en Fraxtal L2

dTRINITY julkaisee tuetun Stablecoin-lainausprotokollan Fraxtal L2:ssa

dTRINITY lance un protocole de prêt de stablecoin subventionné sur Fraxtal L2

dTRINITY Meluncurkan Protokol Peminjaman Stablecoin Bersubsidi di Fraxtal L2

dTRINITY lancia il protocollo di prestito stablecoin sovvenzionato su Fraxtal L2

dTRINITY、Fraxtal L2で補助金付きステーブルコイン貸出プロトコルを開始

dTRINITY Ebandi Protocole Ya Kodefisa Stablecoin Subventionné Na Fraxtal L2

dTRINITY лансира протокол за заеми со субвенциониран стабилкоин на Fraxtal L2

dTRINITY uruchamia dotowany protokół pożyczek stablecoin na Fraxtal L2

dTRINITY lanserar subventionerat Stablecoin-utlåningsprotokoll på Fraxtal L2

Inilunsad ng dTRINITY ang Subsidized Stablecoin Lending Protocol sa Fraxtal L2

MAHE, Seychelles, December 9th, 2024/Chainwire/--iYield provides users with a free and secure platform for tracking cryptocurrency cryptocurrency, DeFi, and traditional finances. iYield was founded by Gentleman James, a crypto native and experienced DeFi investor. Driven by his need for a better way to manage and track his crypto, including DeFi yields, and frustrated by juggling spreadsheets and multiple dashboards, James built iYield for investors like himself. Unlike portfolio trackers that only display asset values, iYield reveals a full financial picture by also supporting debts, incomes, and expenses – in both crypto and fiat. iYield’s dashboard lets users compare returns from their DeFi positions side by side, eliminating uncertainty and offering them the clarity needed to make smarter, more informed decisions. Simplified Financial Management iYield has integrated over 16,000 tokens across 17 blockchains, 40 top DeFi, and staking protocols, along with all fiat currencies, into one unified platform. This gives users real-time insights into their finances empowering them to manage everything from one secure dashboard. iYield enables users to track a broad range of assets, from Bitcoin and Eigenlayer restaking to Solana-based tokens, traditional savings accounts, and daily expenses. The platform includes tools for budgeting, financial forecasting, and cash flow monitoring, helping users enhance their financial management and plan for long-term growth. https://www.youtube.com/embed/hO1HMzON1AY https://youtu.be/hO1HMzON1AY Real-Time DeFi Yield Tracking iYield distinguishes itself among other crypto portfolio trackers by integrating with a growing list of the top DeFi and StakeFi protocols, including Aave, Ethena, Ether.fi, Eigenlayer, Pendle, Rocket Pool, Thorchain, Uniswap, and Zircuit. The platform also provides real-time tracking of investments, staking rewards, and income streams. New Feature: Historical Value Tracking iYield's latest feature enhances financial tracking by introducing the ability to view historical values. Users can now access detailed records of their items' value and balance from the moment they were added to the platform. This feature enables a deeper analysis of financial decisions, helping users understand their impact and refine strategies for long-term success. Built on Privacy and Security iYield is built on a privacy-first foundation, ensuring that users can plan and manage their finances without ever compromising their personal data. This starts with anonymity. Unlike many other platforms, iYield does not collect user IDs or sell user data, and it never asks for access to funds or personal information. The platform operates without ads, data mining, or fees, ensuring a private and secure experience for all users. About iYield iYield’s mission is to empower individuals to take full control of their financial future. With a clear, holistic view of both crypto and fiat finances, users can confidently make informed decisions about their long-term financial growth. From budgeting and cash flow to comparing DeFi yields side by side, iYield equips users with the tools they need to make better decisions and gain financial independence, all for free. For more information, users can visit iYield’s Website | Twitter | Discord Contact Marketing Director Josh iYield josh@iyield.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here MAHE, Seychelles, December 9th, 2024/Chainwire/--iYield provides users with a free and secure platform for tracking cryptocurrency cryptocurrency, DeFi, and traditional finances. iYield was founded by Gentleman James, a crypto native and experienced DeFi investor. Driven by his need for a better way to manage and track his crypto, including DeFi yields, and frustrated by juggling spreadsheets and multiple dashboards, James built iYield for investors like himself. Unlike portfolio trackers that only display asset values, iYield reveals a full financial picture by also supporting debts, incomes, and expenses – in both crypto and fiat. iYield’s dashboard lets users compare returns from their DeFi positions side by side, eliminating uncertainty and offering them the clarity needed to make smarter, more informed decisions. Simplified Financial Management iYield has integrated over 16,000 tokens across 17 blockchains, 40 top DeFi, and staking protocols, along with all fiat currencies, into one unified platform. This gives users real-time insights into their finances empowering them to manage everything from one secure dashboard. iYield enables users to track a broad range of assets, from Bitcoin and Eigenlayer restaking to Solana-based tokens, traditional savings accounts, and daily expenses. The platform includes tools for budgeting, financial forecasting, and cash flow monitoring, helping users enhance their financial management and plan for long-term growth. https://www.youtube.com/embed/hO1HMzON1AY https://www.youtube.com/embed/hO1HMzON1AY https://www.youtube.com/embed/hO1HMzON1AY https://youtu.be/hO1HMzON1AY https://youtu.be/hO1HMzON1AY https://youtu.be/hO1HMzON1AY Real-Time DeFi Yield Tracking iYield distinguishes itself among other crypto portfolio trackers by integrating with a growing list of the top DeFi and StakeFi protocols, including Aave, Ethena, Ether.fi, Eigenlayer, Pendle, Rocket Pool, Thorchain, Uniswap, and Zircuit. The platform also provides real-time tracking of investments, staking rewards, and income streams. New Feature: Historical Value Tracking iYield's latest feature enhances financial tracking by introducing the ability to view historical values. Users can now access detailed records of their items' value and balance from the moment they were added to the platform. This feature enables a deeper analysis of financial decisions, helping users understand their impact and refine strategies for long-term success. Built on Privacy and Security iYield is built on a privacy-first foundation, ensuring that users can plan and manage their finances without ever compromising their personal data. This starts with anonymity. Unlike many other platforms, iYield does not collect user IDs or sell user data, and it never asks for access to funds or personal information. The platform operates without ads, data mining, or fees, ensuring a private and secure experience for all users. About iYield iYield’s mission is to empower individuals to take full control of their financial future. With a clear, holistic view of both crypto and fiat finances, users can confidently make informed decisions about their long-term financial growth. iYield’s iYield’s From budgeting and cash flow to comparing DeFi yields side by side, iYield equips users with the tools they need to make better decisions and gain financial independence, all for free. For more information, users can visit iYield’s Website | Twitter | Discord Website Website Twitter Twitter Discord Discord Contact Marketing Director Josh iYield josh@iyield.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here here here

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