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Tenet announces the launch of its native bridge, designed around LayerZero Labs technology, on mainnet. This marks a critical milestone in Tenet’s evolution as it allows LSDs to be bridged to Tenet for the first time, in preparation for the launch of restaking and Tenet’s stablecoin, LSDC. Utilising the...

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Tenet Protocol

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383,193 Aufrufe • vor 3 Jahren •via X (Twitter)

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Tenet 🛰 LayerZero Tenet is building on LayerZero Labs to create the first omnichain bridge exclusively for LSDs. This integration allows for $17B+ of idle LSDs to be utilized across multiple blockchains while having the LSD staked to Tenet's network.
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Tenet 🛰 LayerZero Tenet is building on LayerZero Labs to create the first omnichain bridge exclusively for LSDs. This integration allows for $17B+ of idle LSDs to be utilized across multiple blockchains while having the LSD staked to Tenet's network.

Tenet Protocol

421,285 Aufrufe • vor 3 Jahren

Introducing LSDC: The Next Step for Stablecoins LSDC is Tenet's stablecoin protocol. It offers a soft-pegged dollar stablecoin over-collateralized by LSDs (Liquid Staking Derivatives). Users can continue to earn boosted yield on Tenet whilst borrowing LSDC. LSDC can be used throughout Tenet’s LSDfi ecosystem as well as the wider ecosystem via Tenet Bridge. LSDC is undergoing audits and will soon be released on the testnet. Stay tuned for further updates and a guide on how to prepare for its launch.
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Introducing LSDC: The Next Step for Stablecoins LSDC is Tenet's stablecoin protocol. It offers a soft-pegged dollar stablecoin over-collateralized by LSDs (Liquid Staking Derivatives). Users can continue to earn boosted yield on Tenet whilst borrowing LSDC. LSDC can be used throughout Tenet’s LSDfi ecosystem as well as the wider ecosystem via Tenet Bridge. LSDC is undergoing audits and will soon be released on the testnet. Stay tuned for further updates and a guide on how to prepare for its launch.

Tenet Protocol

382,948 Aufrufe • vor 3 Jahren

Tenet is delighted to officially announce the launch of Tenet Bridge on our public testnet. This innovative solution leverages the robust capabilities of the LayerZero Labs technology, significantly augmenting the versatility of our platform by facilitating omnichain functionality for LSDs. Further details regarding the launch, as well as guidelines on how to partake in our testnet campaign, are comprehensively outlined in this article:
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Tenet is delighted to officially announce the launch of Tenet Bridge on our public testnet. This innovative solution leverages the robust capabilities of the LayerZero Labs technology, significantly augmenting the versatility of our platform by facilitating omnichain functionality for LSDs. Further details regarding the launch, as well as guidelines on how to partake in our testnet campaign, are comprehensively outlined in this article:

Tenet Protocol

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Tenet 🛰 Ankr Ankr is the leading LSD infrastructure provider, bringing LSDs to nine blockchains. 75% of the top 40 PoS blockchains dont have LSDs yet Tenet and Ankr have formed a strategic partnership to bring LSDs to more blockchains, unlocking over $100B+ staking liquidity
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Tenet 🛰 Ankr Ankr is the leading LSD infrastructure provider, bringing LSDs to nine blockchains. 75% of the top 40 PoS blockchains dont have LSDs yet Tenet and Ankr have formed a strategic partnership to bring LSDs to more blockchains, unlocking over $100B+ staking liquidity

Tenet Protocol

1,168,308 Aufrufe • vor 3 Jahren

Stable Mainnet is now live. Today marks a major step in the evolution of stablecoin payments: the launch of StableChain, the first USDT-native Layer 1 built for high-volume, predictable, real-world settlement. The future of stablecoin payments begins now.
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Stable Mainnet is now live. Today marks a major step in the evolution of stablecoin payments: the launch of StableChain, the first USDT-native Layer 1 built for high-volume, predictable, real-world settlement. The future of stablecoin payments begins now.

Stable

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Get ready for a new era in Web3. We’re integrating with LayerZero Labs to create a truly unique experience, Igniting the launch of SOMO across an extensive network of connected blockchains. Stay tuned for the evolution of SOMO.
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Get ready for a new era in Web3. We’re integrating with LayerZero Labs to create a truly unique experience, Igniting the launch of SOMO across an extensive network of connected blockchains. Stay tuned for the evolution of SOMO.

SOMO

147,052 Aufrufe • vor 2 Jahren

🇺🇦🇷🇺 WAR MILESTONE: For the first time, Russian Geran drones struck a Ukranian bridge across the Dniper River. The Kruikiv bridge in the city of Kremenchuk was struck today. It serves as both a vehicle bridge and rail line. 1/
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🇺🇦🇷🇺 WAR MILESTONE: For the first time, Russian Geran drones struck a Ukranian bridge across the Dniper River. The Kruikiv bridge in the city of Kremenchuk was struck today. It serves as both a vehicle bridge and rail line. 1/

Lord Bebo

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PayPal built the first global digital payment network at the onset of the internet age. In 2023, they were the first major fintech company to launch a stablecoin with PYUSD. With PYUSD0, PayPal and LayerZero are working to drive greater availability of PYUSD across blockchains.
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PayPal built the first global digital payment network at the onset of the internet age. In 2023, they were the first major fintech company to launch a stablecoin with PYUSD. With PYUSD0, PayPal and LayerZero are working to drive greater availability of PYUSD across blockchains.

LayerZero

327,311 Aufrufe • vor 10 Monaten

STRIPE-OWNED BRIDGE GOES LIVE WITH CELO SUPPORT Bridge Bridge, which is owned by the Stripe payments giant, today added support for leading Ethereum L2 Celo. Bridge's decision to extend its stablecoin orchestration platform to $CELO is no coincidence, the network boasting some incredible metrics already... • 1.3 billion total transactions • >$65 billion in stablecoin volume since March '25 • 25 native stablecoin assets on the chain ... and many more besides. According to an official release, Celo's emphasis on stablecoins dates back some six years to its launch in 2020, well before other networks adopted the stablecoin narrative. A clear case study when it comes to stablecoin adoption on Celo is MiniPay - Opera's self-custodial wallet platform, which has already driven a staggering 400 million stablecoin transactions on the network.
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STRIPE-OWNED BRIDGE GOES LIVE WITH CELO SUPPORT Bridge Bridge, which is owned by the Stripe payments giant, today added support for leading Ethereum L2 Celo. Bridge's decision to extend its stablecoin orchestration platform to $CELO is no coincidence, the network boasting some incredible metrics already... • 1.3 billion total transactions • >$65 billion in stablecoin volume since March '25 • 25 native stablecoin assets on the chain ... and many more besides. According to an official release, Celo's emphasis on stablecoins dates back some six years to its launch in 2020, well before other networks adopted the stablecoin narrative. A clear case study when it comes to stablecoin adoption on Celo is MiniPay - Opera's self-custodial wallet platform, which has already driven a staggering 400 million stablecoin transactions on the network.

BSCN

11,303 Aufrufe • vor 2 Monaten

Let’s dive into how the Confidential Layer Bridge launch will unfold - and why the phased approach benefits you as a user. Stage 1 - EVM + BTC Bridging Initially, you will be able to bridge between EVMs, Bitcoin, and the Zano privacy blockchain. This major milestone enables you to upgrade your crypto to unlock DeFi opportunities and privacy enhancements. Stage 2 - Cross-Chain Swaps of Native Assets Thanks to the development of our own Transaction Bundler, you will be able to pick a native asset on the source chain and receive a different native asset on the destination chain - all in a seamless, user-friendly way. Stage 3 - Ecosystem Token Bridging The addition of $CLONE to the bridge will mark the official start of DEX trading. At this stage, $CLONE will become omni-chain, allowing you to choose where you want to trade it. Stage 4 - Addition of New Blockhains We’re not stopping there. With the foundation set, we’ll continue integrating more and more blockchains - opening new possibilities for you. The next major additions will be TON 💎 and Solana, both scheduled for Q3 2025. This step-by-step rollout keeps the bridge stable, liquid, and constantly expanding. Stay tuned for the first stage - and every new chain that follows. You can learn more about the Confidential Layer Bridge launch in this Discord announcement:
0:10

Let’s dive into how the Confidential Layer Bridge launch will unfold - and why the phased approach benefits you as a user. Stage 1 - EVM + BTC Bridging Initially, you will be able to bridge between EVMs, Bitcoin, and the Zano privacy blockchain. This major milestone enables you to upgrade your crypto to unlock DeFi opportunities and privacy enhancements. Stage 2 - Cross-Chain Swaps of Native Assets Thanks to the development of our own Transaction Bundler, you will be able to pick a native asset on the source chain and receive a different native asset on the destination chain - all in a seamless, user-friendly way. Stage 3 - Ecosystem Token Bridging The addition of $CLONE to the bridge will mark the official start of DEX trading. At this stage, $CLONE will become omni-chain, allowing you to choose where you want to trade it. Stage 4 - Addition of New Blockhains We’re not stopping there. With the foundation set, we’ll continue integrating more and more blockchains - opening new possibilities for you. The next major additions will be TON 💎 and Solana, both scheduled for Q3 2025. This step-by-step rollout keeps the bridge stable, liquid, and constantly expanding. Stay tuned for the first stage - and every new chain that follows. You can learn more about the Confidential Layer Bridge launch in this Discord announcement:

Confidential Layer

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SONIC HITS $5.5 BILLION USDC BRIDGED THROUGH CIRCLE'S CCTP As announced by Sonic itself, some $5.48 billion worth of $USDC has been bridged to its network through Circle's CCTP. Circle's Cross-Chain Transfer Protocol (CCTP) is a secure, permissionless on-chain utility that enables native USDC to move across different blockchain networks by burning it on the source chain and minting it 1:1 on the destination chain. The milestone is a bullish one for Sonic itself, with stablecoins praised as perhaps the most promising sector in the blockchain industry right now.

BSCN

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🚨 ISRAEL IS RESTOCKING FOR A LONG WAR The Ministry of Defense has launched an air and sea bridge to resupply the IDF with munitions and critical military equipment. • First cargo planes landed in the past 24 hours • Additional shipments arriving in the coming days • Priority: endurance and operational continuity • Preparations underway for possible expansion to additional arenas

Mossad Commentary

242,701 Aufrufe • vor 4 Monaten

#BREAKING 🇷🇺🇺🇦 For the first time in the war, Russian Geran drones have struck a Ukranian bridge across the Dniper River. The Kruikiv bridge in the city of Kremenchuk was struck today. It serves as both a vehicle bridge and rail line.
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#BREAKING 🇷🇺🇺🇦 For the first time in the war, Russian Geran drones have struck a Ukranian bridge across the Dniper River. The Kruikiv bridge in the city of Kremenchuk was struck today. It serves as both a vehicle bridge and rail line.

Heyman_101

102,530 Aufrufe • vor 10 Monaten

We’re excited to announce the launch of Nektar Network’s Mainnet: Stage One—a pivotal first step toward fully realizing our Decentralized Infrastructure Marketplace. The first phase focuses on rolling out the Network flow, providing the initial structure for future phases of the protocol. We’re proud to welcome 0G Labs (Home of Infinite AI), Berachain Foundation 🐻⛓, Drosera, ORA, Orderly, GAIB, and Olas (formerly Autonolas) as the first Networks joining Nektar in this exciting phase. Each represents a step forward in building a more flexible, scalable, and secure future for decentralized applications. Key Details: 1️⃣ Whitelisted Access for Initial Launch Partners: In this first phase, access is restricted to launch partners through a temporary whitelisting mechanism. 2️⃣ Progressive Rollout of Key Features: Full capabilities of Nektar’s marketplace will unfold in stages:Network Onboarding: Initially, only Networks will be onboarded to validate and enhance the Network’s framework. Here's what's coming soon ⬇️ · Introduction of Distributed Asset Managers (DAMs): Following Network setup, DAMs will enter to facilitate asset deployment and streamline operations. · Delegation Activation: Finally, we’ll activate Delegation, enabling token deposits and full participation in Nektar’s marketplace ecosystem. With each rollout phase, we ensure Nektar’s marketplace is secure and optimized before moving to the next, allowing seamless, efficient participation across Networks, DAMs, Delegators, and Providers. Learn more about Nektar’s Mainnet Stage One Launch here➡️
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We’re excited to announce the launch of Nektar Network’s Mainnet: Stage One—a pivotal first step toward fully realizing our Decentralized Infrastructure Marketplace. The first phase focuses on rolling out the Network flow, providing the initial structure for future phases of the protocol. We’re proud to welcome 0G Labs (Home of Infinite AI), Berachain Foundation 🐻⛓, Drosera, ORA, Orderly, GAIB, and Olas (formerly Autonolas) as the first Networks joining Nektar in this exciting phase. Each represents a step forward in building a more flexible, scalable, and secure future for decentralized applications. Key Details: 1️⃣ Whitelisted Access for Initial Launch Partners: In this first phase, access is restricted to launch partners through a temporary whitelisting mechanism. 2️⃣ Progressive Rollout of Key Features: Full capabilities of Nektar’s marketplace will unfold in stages:Network Onboarding: Initially, only Networks will be onboarded to validate and enhance the Network’s framework. Here's what's coming soon ⬇️ · Introduction of Distributed Asset Managers (DAMs): Following Network setup, DAMs will enter to facilitate asset deployment and streamline operations. · Delegation Activation: Finally, we’ll activate Delegation, enabling token deposits and full participation in Nektar’s marketplace ecosystem. With each rollout phase, we ensure Nektar’s marketplace is secure and optimized before moving to the next, allowing seamless, efficient participation across Networks, DAMs, Delegators, and Providers. Learn more about Nektar’s Mainnet Stage One Launch here➡️

Nektar Network

68,305 Aufrufe • vor 1 Jahr

Only in Oklahoma. Tulsa's new musical road, our first for the state and the nation's first located on a bridge, is officially here. And yes, it plays "This Land Is Your Land." And yes, it is as cool as it sounds! I'm honored to be part of something this unique as we continue bringing Route 66 to life ahead of the Centennial. #OKRoute66 #Route66Centennial
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Only in Oklahoma. Tulsa's new musical road, our first for the state and the nation's first located on a bridge, is officially here. And yes, it plays "This Land Is Your Land." And yes, it is as cool as it sounds! I'm honored to be part of something this unique as we continue bringing Route 66 to life ahead of the Centennial. #OKRoute66 #Route66Centennial

Lt. Governor Matt Pinnell

37,187 Aufrufe • vor 3 Monaten

Africa’s largest payments infra provider just made its move onchain. Flutterwave has chosen Polygon as its default blockchain to launch low-cost cross-border stablecoin payments for millions of consumers and global corporations, like Uber and Audiomack. This marks one of the largest real-world stablecoin deployments in emerging markets to date, spanning 30+ African countries.
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Africa’s largest payments infra provider just made its move onchain. Flutterwave has chosen Polygon as its default blockchain to launch low-cost cross-border stablecoin payments for millions of consumers and global corporations, like Uber and Audiomack. This marks one of the largest real-world stablecoin deployments in emerging markets to date, spanning 30+ African countries.

Polygon | POL

429,656 Aufrufe • vor 8 Monaten

Bridged assets like BTC.b and WETH.e are critical to Avalanche DeFi. But trust in these tokens depends on transparency. That’s why Avalanche has integrated Proof of Reserves, bringing on-chain verification of asset backing to the network.
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Bridged assets like BTC.b and WETH.e are critical to Avalanche DeFi. But trust in these tokens depends on transparency. That’s why Avalanche has integrated Proof of Reserves, bringing on-chain verification of asset backing to the network.

Avalanche🔺

37,383 Aufrufe • vor 1 Jahr

India has carried out the successful launch of Intermediate Range Agni-Prime Missile from a Rail based Mobile launcher system. This next generation missile is designed to cover a range up to 2000 km and is equipped with various advanced features. The first-of-its-kind launch carried out from specially designed Rail based Mobile Launcher, has the capability to move on Rail network without any pre-conditions that allows User to have a cross country mobility and launch within a short reaction time with reduced visibility. Congratulations to DRDO, Strategic Forces Command (SFC) and the Armed Forces on successful test of Intermediate Range Agni-Prime missile. This successful flight test has put India in the group of select nations having capabilities that have developed canisterised launch system from on the move rail network.
0:14

India has carried out the successful launch of Intermediate Range Agni-Prime Missile from a Rail based Mobile launcher system. This next generation missile is designed to cover a range up to 2000 km and is equipped with various advanced features. The first-of-its-kind launch carried out from specially designed Rail based Mobile Launcher, has the capability to move on Rail network without any pre-conditions that allows User to have a cross country mobility and launch within a short reaction time with reduced visibility. Congratulations to DRDO, Strategic Forces Command (SFC) and the Armed Forces on successful test of Intermediate Range Agni-Prime missile. This successful flight test has put India in the group of select nations having capabilities that have developed canisterised launch system from on the move rail network.

Rajnath Singh

617,113 Aufrufe • vor 10 Monaten

SOON: CoinList x CyberConnect 🔥 CoinList will be listing $CYBER, the native token of (Deprecated) CyberConnect, on Day 1 of its mainnet launch August 15, 2023. CyberConnect is one of the hottest projects in the #Web3 social category, and is considered Web3’s earliest and biggest decentralized social network. To be ready to trade $CYBER on Day 1, start here: *Not available in the U.S., Canada, and other unsupported jurisdictions. For more information visit:
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SOON: CoinList x CyberConnect 🔥 CoinList will be listing $CYBER, the native token of (Deprecated) CyberConnect, on Day 1 of its mainnet launch August 15, 2023. CyberConnect is one of the hottest projects in the #Web3 social category, and is considered Web3’s earliest and biggest decentralized social network. To be ready to trade $CYBER on Day 1, start here: *Not available in the U.S., Canada, and other unsupported jurisdictions. For more information visit:

CoinList

30,392 Aufrufe • vor 3 Jahren

As we prepare to launch several projects, we're eager to provide a general update to our community. We are steadily approaching our end goal, thanks to the daily progress we're making toward our vision. Achieving our objectives will bring about a significant transformation in cross-chain interoperability and the flow of liquidity within protocols. This will address crucial challenges and drive mass adoption. Our future-focused approach and effective team collaboration keep us moving forward in an organized manner. Let’s delve deeper into the state of development of our current products and upcoming projects. Tao Bridge Starting with the Tao Bridge, which enables the #Bittensor community to unlock DeFi opportunities with their $TAO via a highly efficient blockchain like #MultiversX, known for its security, speed, and affordability. We deeply admire #Bittensor and believe a project like that is crucial for the future of not just the crypto space but also humanity, as it addresses the major challenges AI faces today: centralization, siloed and isolated work, which pose risks and hinder the technology's potential. We are committed to the vision of subnets and dynamic $TAO, convinced that this ecosystem is as groundbreaking as #Ethereum or #Bitcoin. We will continue to support #Bittensor wherever possible, and our bridge will also expand to other chains with Hatom V2. The TAO Bridge, deployed on and accessible through will launch on the Mainnet in 14 days, on March 27th. You can follow the countdown on the lending page at Given that our main priorities are security and stability, this period will be primarily focused on quality assurance to ensure a flawless Mainnet launch. The launch will also introduce TAO Liquid Staking at along with the integration of both $wTAO and $swTAO on the lending page. This allows #Bittensor users to leverage liquid stake, employ short or long strategies, among other DeFi strategies, or simply access stablecoin liquidity while maintaining exposure to their $TAO. Up to $1M will be distributed as additional incentives on top of the supply APYs at the launch of the $wTAO and $swTAO money markets, with $200K allocated for the first month specifically for bootstrapping. Initially, 70% of rewards will go to liquidity providers, and 30% to those using $HTM to boost their lending positions. This changes to a 50-50 split in the second month, and by the third month, all incentives are directed through the Booster. This approach encourages early participation and sustained engagement with $HTM. Introducing $TAO to #MultiversX will result in the creation of Liquidity Pools (LPs) on both AshSwap 🔥 and xExchange ⚡. These LPs will be incentivized by both entities, and Hatom will distribute extra rewards at launch. The goal is to make #MultiversX a one-stop hub for $TAO holders. Upon stabilizing the volumes, there will also be plans to integrate it on AshPerp 🔥. Furthermore, with the release of $USH, users will have the ability to mint it while retaining exposure to their $TAO. The TAO Bridge and TAO Liquid Staking smart contracts have been audited by Runtime Vеrification and @arda_project, while penetration testing and DevSecOps have been performed on our infrastructure by CertiK. We're excited to announce our exclusive partnership with TAONEW one of the top 5 validators on #Bittensor. TAONEW has been extremely helpful and supportive from day one. By sharing 50% of its service fee with its stakers, TAONEW enables Hatom to offer an optimized Staking APY to its users. Since our initial reference, #Bittensor has grown sevenfold, becoming the largest AI project in the crypto sphere. We reiterate our commitment to contribute to such technology and hope to address some of its current DeFi challenges. Syfy Moving forward, today marks a significant milestone, not only for our decentralized protocols but also for our development companies, which currently stand as the sole and primary contributors to the Hatom Labs and Soul Labs. We’re excited to unveil Syfy, the evolved identity of Hatom Labs and Soul Labs, now serving as the parent entity for our burgeoning development companies. Organization is crucial for scalability, which is why Syfy was established to cultivate an environment where our teams can collaborate more seamlessly, enhancing our effectiveness and efficiency. At the same time, we remain committed to upholding the financial independence of each project, supported by its own community of funding contributors. Feel free to explore our website at for more information! Additionally, don't forget to follow Syfy and explore their Genesis article highlighted in their initial post: Booster V2 The Booster V2 will introduce a range of new features and opportunities for $HTM holders: Optimized Position Boosting: Previously, boosting was done individually for each money market, necessitating $HTM token distribution and periodic rebalancing due to price fluctuations. With Booster V2, the system now considers the overall position, eliminating the need for manual rebalancing. Gas Fee Reduction: Booster V2 implements optimizations that result in reduced gas fees, making transactions more cost-effective for users. Incorporation of Governance: Users staking $HTM tokens gain voting rights directly within the Booster, allowing them to participate in governance decisions while maintaining their staked positions. (Note: Only $HTM tokens are considered for governance; LP tokens are not included.) Enhanced Boosting Mechanism: The Booster V2 enables LP Tokens to boost positions within the Booster, leveraging trading fees from swaps and farm incentives while boosting lending positions. Smart Contract Completion: The Booster smart contract has been completed and audited by @arda_project, ensuring security and reliability. Frontend Implementation: The frontend design for Booster V2 has been successfully implemented, providing users with an intuitive interface. Collaboration with xExchange: Exploration is ongoing for collaboration with xExchange ⚡ to enable LP creation, farming, and meta-staking within the Booster. Upon finalization of testing, we will launch the Booster V2 on the devnet to gather community feedback and begin preparations for the mainnet release. Soul Before delving into Soul Labs's developments, it's essential to summarize its core functionality briefly: Soul Labs seamlessly connects different lending protocols and blockchains, facilitating lending and borrowing across platforms like Aave, Compound Labs, and Hatom Labs, consolidating liquidity and users' borrowing capabilities. Utilizing LayerZero Labs and other messaging layers for cross-chain communication, Soul Labs bypasses asset bridging or synthetics, unlocking novel DeFi strategies and solidifying its position as the ultimate solution for cross-lending dilemmas. Soul V1 will be permissionless, holding censorship-resistant features, incorporating multiple redundancy mechanisms, and providing support for various DApps. We're thrilled to announce that, following the launch of the Tao Bridge in 2-3 weeks, we will introduce the Soul Labs website. This platform has been meticulously crafted over 250 days to not only provide a comprehensive overview of our vision but also to offer an engaging and captivating experience that promises to be memorable. Regarding the app, significant progress has been made on the V1 protocol, including: Smart Contract Development and Testing: • Completion of the initial phase of smart contract development. • Conducting advanced testing to ensure the system's robustness. • Establishment of a fully functional proof of concept. Successful deployment and testing on the #Goerli (#Ethereum Testnet) and #Mumbai (#Polygon Testnet), leveraging LayerZero Labs for seamless operation. Feature Enhancement and Protocol Optimization: • Enhanced testing procedures to bolster system resilience. • Integration of advanced features and significant code refactoring for optimization. • Incorporation of various communication methods, including LayerZero Labs, Formerly Axelar, now at @axelar, Chainlink CCIP), and wormholecrypto, into Soul Labs framework, enhancing its resilience and flexibility. This allows Soul Labs to maintain operation through alternative protocols if the primary one is temporarily paused. Website Development and Documentation: • Nearing the completion of the v1 app, with final touches being applied. • The preparation of comprehensive V1 documentation and the Yellow Paper, available upon Soul Labs's public launch, offering detailed insights into the platform's infrastructure and capabilities. USH Recognizing the critical need for stable liquidity within the ecosystem, we have positioned ourselves at the forefront of providing a solution by introducing $USH, the first native, decentralized, and over-collateralized stablecoin on #MultiversX. As market conditions have improved, we have observed a growing demand for stablecoins in the ecosystem, evidenced by the utilization rate in the Lending Protocol spiking to over 90% several times in recent months. Therefore, our goal is to tackle the current challenges faced by users by creating a robust product that will not only help them hedge against market volatility but also open up better opportunities to trade the markets and generate yield. We're happy to unveil the $USH website, now live with a sleek and intuitive user interface, designed for ease of use, which ensures that interacting with the protocol is straightforward and accessible for all. You can access it now through this link: For the technical side, we’re advancing steadily and we’ve accomplished the following milestones: Lending Protocol Facilitator: • Coded the first version to support multiple discount factors for different collaterals. • Implemented tracking of borrowing effectiveness to enable earnings forecasting for the module and support minting processes. Isolated Pools Facilitator: • Coded the first version of Isolated Pools Facilitator. • Use of $EGLD or $sEGLD as collateral, with positions stored always in $EGLD to benefit the protocol through Liquid Staking and lending interest. • Virtual account implementation for converting $sEGLD earnings into $USH, functioning like liquidation where users deposit $USH for a higher amount of $HsELGD. Staking Module • Coded the first version of the Staking Module that allows users to stake and unstake without any restrictions. We're currently focusing our efforts on the following tasks: • Implementation of HTM Booster in the discount model in the Lending Protocol. • Implementation of different depeg strategies and brainstorming further potential “soft” depeg mechanisms. • Research and implementation of rewards model for Staking Module. • Research and implementation of Boosted Vaults Facilitator. • Review and stress-test the first version of the code. Upon launch, $USH will be integrated into various protocols and AMMs across the ecosystem, further increasing both its utility and liquidity. The opportunities will be vast, enabling users to engage in a wide range of activities such as yield farming, staking, and arbitrage, all while leveraging a stable and reliable asset. Regarding the USH Airdrop campaign, it will continue until the official launch of $USH planned for late Q2-early Q3, rewarding all users who have actively participated in the initiative. Hatom V2 It is clear by now that we are driven to build a more robust, interoperable, and secure DeFi space, removing the current barriers that hinder users' capabilities to seamlessly interact with different blockchains. Through Hatom V2, we will introduce Hatom's cross-chain architecture, designed from the ground up for interoperability. This approach will elevate the protocol to unprecedented levels, enabling its deployment across various blockchains and facilitating seamless connections between them through Soul. By enhancing interoperability, Hatom V2 aims to foster a more inclusive and accessible ecosystem. This expansion will not only broaden the protocol's reach but also significantly increase its flexibility and utility, allowing users to interact with a diverse range of assets and products across different chains. We’re thrilled to share that we are currently crafting the V2 redesign of the Hatom webpage. Anticipate a jaw-dropping transformation that will truly astonish, blending cutting-edge design with an unparalleled user experience, elevating it to a dynamic, interactive hub, and making every interaction more engaging. Good things take time, but we are confident that the release of V2 website will take place in the second quarter of this year and will officially mark the start of our journey into the cross-chain landscape. We are excited about the future and we truly believe that this will mark the beginning of a new era for Hatom. It's crucial for us to develop rapidly without sacrificing the quality or the security of each product. We're strategically allocating resources to ensure smooth progress in every area of our work. As we push forward, we believe that the launch of Soul Labs will be the most important milestone due to its massive potential and disruptive technology. We would like to thank you all for the unwavering support you've shown over the past few months; it truly fuels our passion to push daily and make strides toward achieving our ambitious goals.
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As we prepare to launch several projects, we're eager to provide a general update to our community. We are steadily approaching our end goal, thanks to the daily progress we're making toward our vision. Achieving our objectives will bring about a significant transformation in cross-chain interoperability and the flow of liquidity within protocols. This will address crucial challenges and drive mass adoption. Our future-focused approach and effective team collaboration keep us moving forward in an organized manner. Let’s delve deeper into the state of development of our current products and upcoming projects. Tao Bridge Starting with the Tao Bridge, which enables the #Bittensor community to unlock DeFi opportunities with their $TAO via a highly efficient blockchain like #MultiversX, known for its security, speed, and affordability. We deeply admire #Bittensor and believe a project like that is crucial for the future of not just the crypto space but also humanity, as it addresses the major challenges AI faces today: centralization, siloed and isolated work, which pose risks and hinder the technology's potential. We are committed to the vision of subnets and dynamic $TAO, convinced that this ecosystem is as groundbreaking as #Ethereum or #Bitcoin. We will continue to support #Bittensor wherever possible, and our bridge will also expand to other chains with Hatom V2. The TAO Bridge, deployed on and accessible through will launch on the Mainnet in 14 days, on March 27th. You can follow the countdown on the lending page at Given that our main priorities are security and stability, this period will be primarily focused on quality assurance to ensure a flawless Mainnet launch. The launch will also introduce TAO Liquid Staking at along with the integration of both $wTAO and $swTAO on the lending page. This allows #Bittensor users to leverage liquid stake, employ short or long strategies, among other DeFi strategies, or simply access stablecoin liquidity while maintaining exposure to their $TAO. Up to $1M will be distributed as additional incentives on top of the supply APYs at the launch of the $wTAO and $swTAO money markets, with $200K allocated for the first month specifically for bootstrapping. Initially, 70% of rewards will go to liquidity providers, and 30% to those using $HTM to boost their lending positions. This changes to a 50-50 split in the second month, and by the third month, all incentives are directed through the Booster. This approach encourages early participation and sustained engagement with $HTM. Introducing $TAO to #MultiversX will result in the creation of Liquidity Pools (LPs) on both AshSwap 🔥 and xExchange ⚡. These LPs will be incentivized by both entities, and Hatom will distribute extra rewards at launch. The goal is to make #MultiversX a one-stop hub for $TAO holders. Upon stabilizing the volumes, there will also be plans to integrate it on AshPerp 🔥. Furthermore, with the release of $USH, users will have the ability to mint it while retaining exposure to their $TAO. The TAO Bridge and TAO Liquid Staking smart contracts have been audited by Runtime Vеrification and @arda_project, while penetration testing and DevSecOps have been performed on our infrastructure by CertiK. We're excited to announce our exclusive partnership with TAONEW one of the top 5 validators on #Bittensor. TAONEW has been extremely helpful and supportive from day one. By sharing 50% of its service fee with its stakers, TAONEW enables Hatom to offer an optimized Staking APY to its users. Since our initial reference, #Bittensor has grown sevenfold, becoming the largest AI project in the crypto sphere. We reiterate our commitment to contribute to such technology and hope to address some of its current DeFi challenges. Syfy Moving forward, today marks a significant milestone, not only for our decentralized protocols but also for our development companies, which currently stand as the sole and primary contributors to the Hatom Labs and Soul Labs. We’re excited to unveil Syfy, the evolved identity of Hatom Labs and Soul Labs, now serving as the parent entity for our burgeoning development companies. Organization is crucial for scalability, which is why Syfy was established to cultivate an environment where our teams can collaborate more seamlessly, enhancing our effectiveness and efficiency. At the same time, we remain committed to upholding the financial independence of each project, supported by its own community of funding contributors. Feel free to explore our website at for more information! Additionally, don't forget to follow Syfy and explore their Genesis article highlighted in their initial post: Booster V2 The Booster V2 will introduce a range of new features and opportunities for $HTM holders: Optimized Position Boosting: Previously, boosting was done individually for each money market, necessitating $HTM token distribution and periodic rebalancing due to price fluctuations. With Booster V2, the system now considers the overall position, eliminating the need for manual rebalancing. Gas Fee Reduction: Booster V2 implements optimizations that result in reduced gas fees, making transactions more cost-effective for users. Incorporation of Governance: Users staking $HTM tokens gain voting rights directly within the Booster, allowing them to participate in governance decisions while maintaining their staked positions. (Note: Only $HTM tokens are considered for governance; LP tokens are not included.) Enhanced Boosting Mechanism: The Booster V2 enables LP Tokens to boost positions within the Booster, leveraging trading fees from swaps and farm incentives while boosting lending positions. Smart Contract Completion: The Booster smart contract has been completed and audited by @arda_project, ensuring security and reliability. Frontend Implementation: The frontend design for Booster V2 has been successfully implemented, providing users with an intuitive interface. Collaboration with xExchange: Exploration is ongoing for collaboration with xExchange ⚡ to enable LP creation, farming, and meta-staking within the Booster. Upon finalization of testing, we will launch the Booster V2 on the devnet to gather community feedback and begin preparations for the mainnet release. Soul Before delving into Soul Labs's developments, it's essential to summarize its core functionality briefly: Soul Labs seamlessly connects different lending protocols and blockchains, facilitating lending and borrowing across platforms like Aave, Compound Labs, and Hatom Labs, consolidating liquidity and users' borrowing capabilities. Utilizing LayerZero Labs and other messaging layers for cross-chain communication, Soul Labs bypasses asset bridging or synthetics, unlocking novel DeFi strategies and solidifying its position as the ultimate solution for cross-lending dilemmas. Soul V1 will be permissionless, holding censorship-resistant features, incorporating multiple redundancy mechanisms, and providing support for various DApps. We're thrilled to announce that, following the launch of the Tao Bridge in 2-3 weeks, we will introduce the Soul Labs website. This platform has been meticulously crafted over 250 days to not only provide a comprehensive overview of our vision but also to offer an engaging and captivating experience that promises to be memorable. Regarding the app, significant progress has been made on the V1 protocol, including: Smart Contract Development and Testing: • Completion of the initial phase of smart contract development. • Conducting advanced testing to ensure the system's robustness. • Establishment of a fully functional proof of concept. Successful deployment and testing on the #Goerli (#Ethereum Testnet) and #Mumbai (#Polygon Testnet), leveraging LayerZero Labs for seamless operation. Feature Enhancement and Protocol Optimization: • Enhanced testing procedures to bolster system resilience. • Integration of advanced features and significant code refactoring for optimization. • Incorporation of various communication methods, including LayerZero Labs, Formerly Axelar, now at @axelar, Chainlink CCIP), and wormholecrypto, into Soul Labs framework, enhancing its resilience and flexibility. This allows Soul Labs to maintain operation through alternative protocols if the primary one is temporarily paused. Website Development and Documentation: • Nearing the completion of the v1 app, with final touches being applied. • The preparation of comprehensive V1 documentation and the Yellow Paper, available upon Soul Labs's public launch, offering detailed insights into the platform's infrastructure and capabilities. USH Recognizing the critical need for stable liquidity within the ecosystem, we have positioned ourselves at the forefront of providing a solution by introducing $USH, the first native, decentralized, and over-collateralized stablecoin on #MultiversX. As market conditions have improved, we have observed a growing demand for stablecoins in the ecosystem, evidenced by the utilization rate in the Lending Protocol spiking to over 90% several times in recent months. Therefore, our goal is to tackle the current challenges faced by users by creating a robust product that will not only help them hedge against market volatility but also open up better opportunities to trade the markets and generate yield. We're happy to unveil the $USH website, now live with a sleek and intuitive user interface, designed for ease of use, which ensures that interacting with the protocol is straightforward and accessible for all. You can access it now through this link: For the technical side, we’re advancing steadily and we’ve accomplished the following milestones: Lending Protocol Facilitator: • Coded the first version to support multiple discount factors for different collaterals. • Implemented tracking of borrowing effectiveness to enable earnings forecasting for the module and support minting processes. Isolated Pools Facilitator: • Coded the first version of Isolated Pools Facilitator. • Use of $EGLD or $sEGLD as collateral, with positions stored always in $EGLD to benefit the protocol through Liquid Staking and lending interest. • Virtual account implementation for converting $sEGLD earnings into $USH, functioning like liquidation where users deposit $USH for a higher amount of $HsELGD. Staking Module • Coded the first version of the Staking Module that allows users to stake and unstake without any restrictions. We're currently focusing our efforts on the following tasks: • Implementation of HTM Booster in the discount model in the Lending Protocol. • Implementation of different depeg strategies and brainstorming further potential “soft” depeg mechanisms. • Research and implementation of rewards model for Staking Module. • Research and implementation of Boosted Vaults Facilitator. • Review and stress-test the first version of the code. Upon launch, $USH will be integrated into various protocols and AMMs across the ecosystem, further increasing both its utility and liquidity. The opportunities will be vast, enabling users to engage in a wide range of activities such as yield farming, staking, and arbitrage, all while leveraging a stable and reliable asset. Regarding the USH Airdrop campaign, it will continue until the official launch of $USH planned for late Q2-early Q3, rewarding all users who have actively participated in the initiative. Hatom V2 It is clear by now that we are driven to build a more robust, interoperable, and secure DeFi space, removing the current barriers that hinder users' capabilities to seamlessly interact with different blockchains. Through Hatom V2, we will introduce Hatom's cross-chain architecture, designed from the ground up for interoperability. This approach will elevate the protocol to unprecedented levels, enabling its deployment across various blockchains and facilitating seamless connections between them through Soul. By enhancing interoperability, Hatom V2 aims to foster a more inclusive and accessible ecosystem. This expansion will not only broaden the protocol's reach but also significantly increase its flexibility and utility, allowing users to interact with a diverse range of assets and products across different chains. We’re thrilled to share that we are currently crafting the V2 redesign of the Hatom webpage. Anticipate a jaw-dropping transformation that will truly astonish, blending cutting-edge design with an unparalleled user experience, elevating it to a dynamic, interactive hub, and making every interaction more engaging. Good things take time, but we are confident that the release of V2 website will take place in the second quarter of this year and will officially mark the start of our journey into the cross-chain landscape. We are excited about the future and we truly believe that this will mark the beginning of a new era for Hatom. It's crucial for us to develop rapidly without sacrificing the quality or the security of each product. We're strategically allocating resources to ensure smooth progress in every area of our work. As we push forward, we believe that the launch of Soul Labs will be the most important milestone due to its massive potential and disruptive technology. We would like to thank you all for the unwavering support you've shown over the past few months; it truly fuels our passion to push daily and make strides toward achieving our ambitious goals.

Hatom Labs

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