Yearning to Belong

Threshold's tBTC Launches Minting for Only Decentralized, Permissionless, Scalable BTC Bridge to DeFi

Retrieved on: 
Tuesday, January 31, 2023

SAN MATEO, Calif. , Jan. 31, 2023 /PRNewswire/ -- Threshold Network, a provider of cryptography services to unlock greater utility of digital assets, announced the launch of tBTC, the industry's only decentralized, permissionless, and scalable Bitcoin-to-Ethereum bridge. The launch will allow users to wrap their BTC in exchange for tBTC tokens that can be deployed in the Ethereum ecosystem. tBTC's optimistic minting model is now live in partnership with Curve DAO, Yearn.Finance, Synthetix, Connext, Alchemix, Euler, and Aave as minters, with further support from Catalog, BadgerDAO, StakeDAO, Entropy, and respected community members and DeFi OGs as guardians.

Key Points: 
  • The launch will allow users to wrap their BTC in exchange for tBTC tokens that can be deployed in the Ethereum ecosystem.
  • Minters are a permissioned group of actors responsible for monitoring the chain and minting tBTC after each valid deposit.
  • Fully permissionless minting, launched later this year, will remove the need for both groups, leaving the responsibility for minting tBTC to stakers on the Threshold Network.
  • tBTC's launch makes it possible for the wealth held in BTC to be deployed across the dynamic, fast-evolving Ethereum DeFi universe.

Spool launches its Smart Vault tool to radically simplify risk-managed yield portfolio creation

Retrieved on: 
Wednesday, September 21, 2022

Tel Aviv, Israel, Sept 21, 2022 - (ACN Newswire) - Spool, the DAO creating a platform to build seamless DeFi products for investors of all backgrounds, launches its Smart Vault creation tool.

Key Points: 
  • Tel Aviv, Israel, Sept 21, 2022 - (ACN Newswire) - Spool, the DAO creating a platform to build seamless DeFi products for investors of all backgrounds, launches its Smart Vault creation tool.
  • Through a 5-step Smart Vault, or "Spool," creation process, users can tailor all aspects of their portfolio, including assets, risk models, strategies, and allocations, to their goals.
  • The Spool Smart Vault creation pathway grants user agency over every key parameter of their DeFi portfolio, including:
    Users can select from 3 stablecoins including USDC, DAI, and USDT to start building the portfolio.
  • Spool creators can then name their Spool and connect their crypto wallet, activating the Smart Vault.

Debut Cellar Launches on Sommelier DeFi Investment Platform

Retrieved on: 
Thursday, July 21, 2022

SAN FRANCISCO, July 21, 2022 /PRNewswire/ -- Sommelier, the pioneering automated DeFi portfolio management platform, today announced the launch of the first Cellar, or community-governed, dynamic investment strategy vehicle, on the platform. This Cellar is active on Aave and leverages machine learning to dynamically move assets between several stablecoin lending positions. Users need only add liquidity to the Cellar, and it will handle the rest.

Key Points: 
  • SAN FRANCISCO, July 21, 2022 /PRNewswire/ -- Sommelier , the pioneering automated DeFi portfolio management platform, today announced the launch of the first Cellar, or community-governed, dynamic investment strategy vehicle, on the platform.
  • Sommelier is the most advanced DeFi investment protocol built to date, and anyone with financial or crypto markets experience can propose new Cellar strategies to the Sommelier governance community for inclusion on the platform.
  • The team behind Sommelier has designed the debut Cellar on the platform, which optimizes a lending position on Aave to earn interest.
  • The door is now open for any DeFi investment strategists to submit Cellar proposals to the Sommelier community for approval to deploy on the platform.

Crypto Exchange LBank and ETHDubai Partner for an Exclusive Meet-up

Retrieved on: 
Wednesday, April 6, 2022

Internet City, Dubai--(Newsfile Corp. - April 6, 2022) - Top crypto exchange LBank and ETHDubai merge for an exclusive event at the LBank Labs.

Key Points: 
  • Internet City, Dubai--(Newsfile Corp. - April 6, 2022) - Top crypto exchange LBank and ETHDubai merge for an exclusive event at the LBank Labs.
  • The top crypto exchange continues to pour into the crypto industry's Web3 and metaverse sector, having already listed numerous great projects.
  • As a leading crypto exchange, LBank, with its venture Labs has declared they are open to future partnerships and collaborations.
  • LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services.

Blocknative Launches Web3-Onboard to Support Web3 Developers with Improved Data and UI for a Multi-Chain World

Retrieved on: 
Thursday, March 10, 2022

Notable wallets relying on Blocknative to offer an improved user experience include Metamask, Ledger, Coinbase Wallet, Tally, Gnosis, and Trezor among others.

Key Points: 
  • Notable wallets relying on Blocknative to offer an improved user experience include Metamask, Ledger, Coinbase Wallet, Tally, Gnosis, and Trezor among others.
  • The next generation of Onboard provides developers with this missing link to enable a seamless user experience in an increasingly multichain Web3."
  • Blocknative is the real-time Web3 infrastructure company, enabling dynamic user experiences and better decisions via pre-chain insights.
  • Founded in 2018, Blocknative powers many forward-thinking Web3 developers, Defi protocols and infrastructure projects, including Curve, Compound, Fantom, Synthetix, Balancer, Bancor, Yearn, Badger, Gitcoin, Optimism, Aavegotchi, and the Ethereum Foundation.