Pooling Aave, Compound, Morpho, and Venus into one market is the right architectural call. Most "omnichain" products are still bridging assets between chains, this is abstracting the chain away entirely.
Nine contracts through Arda over five months is the kind of security work that doesn't get posted about enough. Respect for putting that out in public.
Following along.
@playcambria Priority WL → FCFS windows with a 2-hour gap is the cleanest way to structure a mint. Everyone knows exactly when they can move.
Charter Trait reveal on Saturday is the part I'm watching, that's where the secondary market gets its first real signal.
13.67% on apyUSD with integrations across Curve, Pendle, Morpho, Uniswap, PancakeSwap, Aerodrome, Orca, KyberSwap. that's a real yield stack, not a single-venue product.
The Pendle PT at 15.81% fixed is the part that stands out. Fixed-rate digital credit yield is a niche almost nobody's serving properly.
Following along.
Running a sale on Coinbase's Sonar across four chains is the infrastructure play most projects skip. The $150M in verified volume shows the product actually works.
The part I'm watching is the 23K subscribers in the announcements channel. That's a real audience, the question is what happens to it after the sale closes on the 19th. Communities are built after launch, not before.
Following along.
The +20% APY on Aave deposits is the number that catches eyes, but the structure is what actually matters. Levered callable capital is the right primitive, most credit protocols struggle to scale without either over-collateralizing or handcuffing lenders to fixed terms.
$15M cap is a smart start. Scale the model before you scale the book.
$429M traded in week 7 with $853K going straight to LPs, the flywheel is working. Most DEXs at this stage are still bootstrapping their first pool.
The dynamic fee model is the right answer to the LP risk problem. Charging more when LPs are most exposed is the part most AMMs never solved.
Watching this one.