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Liquidium Had A Really Busy Weekend On ICP Liquidium | Bitcoin Loans reaches record liquidity levels on the DFINITY Foundation Internet Computer as decentralized lending activity hits an all-time high. Overall, the protocol processed 91 successful deposit and borrow actions over the weekend, resulting in $6.20M in total supplied...

17,672 görüntüleme • 10 gün önce •via X (Twitter)

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Debunking the Flat Bitcoin Theory 🧵 In the early days of Bitcoin (2009-2014) there was a massive amount of experimentation and innovation on bitcoin The first NFTs and cryptoart started on Bitcoin The first memecoins started on Bitcoin The first stablecoins and real world assets started on Bitcoin The first dapps started on Bitcoin The first DEX started on Bitcoin The first on-chain governance started on Bitcoin The first crypto degens were playing Satoshi Dice on Bitcoin But then the OP_RETURN wars happened and people like Luke Dashjr vilified innovation and scared builders away resulting in a long period of stagnation (2015-2023) This period of stagnation gave birth to the Flat Bitcoin Theory which infected the minds of nearly everyone The Flat Bitcoin Theory is a belief held by "Flat Bitcoiners" who think that Bitcoin is a boring blockchain that is not capable of the innovative use cases that we see on alt L1s like Ethereum or Solana But thankfully in January 2023 Casey burst onto the scene with the ordinals protocol and one by one people have been waking up from this lie and realizing that Bitcoin is actually multidimensional and capable of everything you could possibly imagine and more Since then Bitcoin has experienced a renaissance of innovation with a new set of builders picking up where the set of OG builders left off Jeremy Lin | 🔄 DotSwap (On Nexus) from DOTSWAP•DOTSWAP - Official has defied all FUD and delivered a trustless liquidity pool style experience on Bitcoin L1 for Runes with zero MEV Stan from Sats Terminal has built an advanced order routing and aggregation engine for Runes trading on Bitcoin L1 Scott | Bound from radFi has revived the Runes trenches with a token launchpad on Bitcoin L1 that thousands of people use every day Robin from Liquidium | Bitcoin Loans built a Runes and Ordinals lending protocol that has processed hundreds of millions of dollars of volume which proves that DeFi can thrive on Bitcoin L1 domo and Binari from BRC 2.0 and Tagga from Alkanes have been relentlessly pursing a vision for general purpose smart contracts on Bitcoin L1 TO from Pizza Pets built a fully on-chain multiplayer game directly on Bitcoin L1 Ken Liao from built a Bitcoin wallet for interacting with Bitcoin L1 dapps that is so sleek that it puts Ethereum's flagship wallet MetaMask to shame danny huuep from OnChainMonkey® pioneered a new way to store an entire 10K PFP collection on Bitcoin for only $23 that is now widely adopted by hundreds of other Ordinals collections SergeSats has formed the Bitcoin Art Society to preserve Bitcoin's on-chain culture for future generation has dedicated months of his life to ensuring that once a year there is a place where bitcoin builders can gather to celebrate experimentation on bitcoin at Bitcoin Summit Massive decentralized communities like the $DOG Army and Bitcoin Puppets have rallied together to support all of these innovations and champion the Bitcoin ecosystem Do not ever let anyone tell you that Bitcoin is not capable of something or that you must only use Bitcoin in a certain way The Bitcoin network is more secure and robust longterm when it is winning at developer mindshare and blocks are filled with a diverse set of on-chain activity It is up to us, the Ordinals, Runes, and Bitcoin DeFi ecosystem to be stewards of this technology now so go build the most badass applications possible and never stop fighting for innovation on Bitcoin!

Leonidas 🧡 $DOG

63,042 görüntüleme • 1 yıl önce

zkgm to $U all! as you may know, Union announced its BTCfi Flywheel Point Campaign a few days ago. this program rewards users with points for actions like bridging, providing liquidity through Union. basically, you bring value — Union gives you hourly points in return. the points increase depending on the LST you use, the bridging method, the pool you provided liquidity etc. so, i made a quick tutorial video to help you earn the maximum possible point multiplier in this campaign. but before we jump into the video, let’s take a look at what we’ll need: - $ETH on Ethereum ( $USDT, $USDC, or $DAI also work, but ETH is still needed for gas fees ) - $BABY on Babylon Genesis chain by the end of the video, we’ll have added liquidity to two different uniBTC/eBABY pools on Tower, which is a native DEX on Babylon Genesis. let’s get started. #UnionBTCfiFlywheel 00:00 - go to and make a deposit to receive uniBTC. 00:28 - head over to and bridge your uniBTC from Ethereum to Babylon Genesis using Union. this process can take 15–20 minutes depending on Ethereum finality. 01:32 - use to liquid stake your BABY and receive eBABY in return. 01:55 - add liquidity to the uniBTC/eBABY pools on Tower. since these pools currently have very low liquidity, you can only add in small amounts. that’s why i added liquidity in several smaller batches. by doing this, we followed the most optimal path to earn points. you can see the Union point multipliers next to each pool on the Tower interface. currently, there are 3 pools with a 2.5x multiplier, two of them are the ones we added liquidity to. the other one includes pumpBTC, feel free to try that as well. more liquidity for other Union-bridged BTC LSTs will be available over time.

utku 🦥 | Huginn

23,748 görüntüleme • 1 yıl önce

Given the current bullish market sentiment and the evident shift of users towards more volatile assets, there's a steadily increasing demand for stablecoins within the ecosystem. This shift is underscored by the growing use of leverage, where users borrow stablecoins to amplify their exposure to preferred volatile assets or to implement various strategies in DeFi. As the #MultiversX ecosystem currently lacks a native stablecoin, it faces challenges in achieving mature stable liquidity. Recognizing this gap, Hatom has significantly advanced in developing $USH, the first native stablecoin for #MultiversX. This stablecoin is akin to $DAI, the pioneering decentralized and over-collateralized stablecoin known for its resilience through numerous stress tests over the years, but will also feature some unique characteristics and design implementation. Within the #MultiversX ecosystem, the currently limited liquidity of stablecoins has led to notable metrics in the Hatom Lending Protocol. Here, the yields users can generate on their $USDC or $USDT have escalated to impressive middle double-digit percentages. This situation offers a golden opportunity for individuals with idle stable assets in their portfolios. The Lending Protocol is an appealing option to leverage these assets, offering remarkable flexibility—there are no lock-up periods, and it carries no risks of impermanent loss. This makes it an excellent choice to generate additional revenue while waiting for those assets to be deployed. Breaking down the current yields through the Lending Protocol as follows: • A 36.83% yield on $USDC, with 32.88% APY derived from the natural supply and demand within the lending protocol—where borrowers are paying the lenders. Additionally, the yield can be increased by 3.95% through the Booster. • A 40.24% yield on $USDT, with a 33.68% APY from providing liquidity to the Lending Protocol, which can be further boosted by 6.56% by staking $HTM into the Booster. All rewards generated through the Booster can be further amplified by 5% with the Accumulator if claimed in $HTM. *For a comprehensive understanding of how the Booster and Accumulator work, please read Hatom's official documentation. Clarification on the yields is crucial, as there is considerable interest in understanding the mechanics behind these attractive rates. Essentially, the yields on both $USDC and $USDT within the Lending Protocol are derived from the dynamics of supply and demand. Suppliers contribute funds to a pool from which other users borrow. As borrowing increases, so does the pool's utilization rate, leading to higher interest rates in both the supply and borrow markets. To achieve an optimal balance, borrowers are incentivized to repay their loans due to the higher cost of loan, which, in turn, provides lenders with more attractive returns on their deposits. This self-regulating mechanism ensures the Lending Protocol maintains a healthy equilibrium between supply and demand, optimizing yields for all participants. Rewards are paid out in the same assets that users deposit. For instance, if a user deposits $USDT into the money market, the yield generated will also be paid in $USDT. The sole exception to this rule applies to Booster rewards, which are paid out in $USDC or $HTM, with the latter offering a 5% premium. **Please note that the yields presented in this post represent current values at the time of posting and may differ by the time you read this. The most efficient way to take advantage of the high yields on the stablecoins is to bridge liquidity into the ecosystem through the official bridge developed by the #MultiversX team. The process is simple and efficient, allowing users to bridge from both #Ethereum and #BSC. You can access the bridge through the following link: To participate in the #MultiversX ecosystem, you will require a compatible wallet, which can be found here: Once your assets are ready, you can supply on the Hatom Lending Protocol by accessing this link: To facilitate your journey, please follow this step-by-step video tutorial, which covers all the basics, from the creation of a #MultiversX wallet to bridging and depositing in the Lending Protocol, to take full advantage.

Hatom Labs

159,969 görüntüleme • 2 yıl önce