Trust Wallet has integrated https://t.co/EkGa0CMC50 🛠️
@TrustWallet users can now earn onchain yield directly in-app, starting with stablecoin opportunities on Ethereum and BNB Chain.
Stablecoin yields, now live @Trezor powered by https://t.co/EkGa0CMC50.
2M+ users can now access noncustodial stablecoin yield, directly in Trezor Suite.
Perpetuals trading is live inside @Ledger Wallet, provided by @Yield_xyz.⚡️
Execution is routed through @HyperliquidX, bringing self-custodial perps to hardware wallet users with full clear-signing on every transaction.
Perps trading is progressively rolling out to Ledger users, starting today:
with stablecoin markets beginning to become illiquid, the situation is now entering a more dangerous stage imo
to break down the driving factors:
the ETH market is ~16.5% backed by rsETH, and rsETH backed loans could see up to 10-15% haircut in emode if losses are socialized equally on mainnet & external chains, leaving 2-3% residual haircut for ETH suppliers after wiping out umbrella
ETH suppliers are naturally incentivized to get out ASAP to avoid this, so utilization is pinned at 100%, and borrow rates are not high enough to incentivized repayment of unrelated LST loops (wstETH, weETH) to free up liquidity
because it is impossible to withdraw ETH, users borrowing stables like USDT against ETH collateral cant unwind their position even when the rates for stablecoin borrowing start to spike, which severs the typical incentives scheme keeping these markets healthy
now we have 2 unhealthy incentives based on the markets becoming locked at 100% utilization
1) ETH holders cannot unwind their positions to maintain healthy LTVs, and liquidators cant withdraw/sell collateral to close positions atomically, meaning that ETHUSD price drop could potentially cause bad debt
2) users supplying USDT have a perverse incentive to max-borrow other stablecoins as a way of exiting, the position has positive carry (for now) so the optionality has low cost, while if conditions worsen they can get at least 75% of their position value out of the market
bottom line is, for these pooled/rehypothecated lending markets to function properly, liquidity must be preserved AT ALL COSTS. recent slope2 changes nerfing Aave's max borrow rates are having a negative effect and significantly increasing the risk of cascading market failure
For AI agents to manage capital, they need reliable data to work from.
Today, we’re expanding AgentKit with the most comprehensive yield-native skills on the market.
https://t.co/EkGa0CMC50 AgentKit is now available as a Plugin & Skill for AI agents 🧵
I just claimed my .agent domain and joined the .agent community! get yours now and help shape the future of autonomous agents https://t.co/sHcbAoDgQk @agentcommunity_
Stake $POL directly from your @Ledger Wallet, powered by https://t.co/EkGa0CN9Uy.
Ledger supports POL staking across multiple validators, allowing users to control how they stake while retaining full self-custody through Ledger’s industry-leading hardware wallet:
Your wallets just got a current account.
Import any self-custodial wallet to Deblock and onramp, offramp or swap directly from your current account.
⚠️ We don't see or store seed phrases or private keys. Your wallet stays yours and your balance and your wallet addresses will always stay private and will NOT be reported.
Own your money.
SOC 2 compliant 🛡️
As yield becomes embedded across wallets, fintechs, and institutions, security can’t be optional.
And at https://t.co/1JRhOxWcUc, we’re constantly raising the bar. SOC 2 is an important step in formalizing the controls and reliability standards we operate with daily.
Thanks for the invite @HypernativeLabs@NethermindSec. Very relevant topics, and one clear takeaway: smart contracts and on-chain protocols are getting safer with on-chain proactive monitoring, bug bounties and multi-round audits, but most hacks still hit the infra around them. If banks are moving into Web3, we need bank level security across the whole Web2–Web3 stack. Shoutout to @fredrik0x for calling this out as well. We might need a new type of compliance, basically a web3 version of the SOCs and ISOs of the world.
🔦 Porto dApp Spotlight: https://t.co/o5NGcmSFLf
Porto wallet users, did you know you can connect your wallet to @yield_xyz to access staking, stablecoin, and DeFi yields across multiple networks?
https://t.co/GwXTrm3OMG is the Stripe for onchain yield.
They abstract today's fragmented landscape of yield products into one API layer across 70+ networks:
Excited to share that we have joined the @Circle Alliance Program!
The Circle Alliance Program is a global community of teams focused on bringing the world onchain, powered by $USDC (1/2)
Today, @itstuyo launched its rewards program.
Users can earn 4x rewards through every yield supported in Tuyo via the https://t.co/EkGa0CN9Uy API, including:
➡️ $USDC via @MorphoLabs, @0xFluid, and others
➡️ $ETH and $BTC via @Yield
➡️ $EURC via @aave and others
Yield is expanding to Solana ☀️
The same API powering staking, lending, and DeFi yields on @Ledger, @zerion, and @Tangem will soon support leading Solana protocols — unlocking onchain Solana yield for millions of new users: