Congratulations to @januszg_ and the @lxdev_ team on raising their pre-seed round!
Just as a fun tidbit for everyone: @januszg_ sends the best investor updates around. Heβs always bluntly real, sharing both the good and problems to be solved, on top of some of the amazing things he and his team are working on. These updates provided us the ability to know where and when we can be most helpful as a fund. Itβs exactly what investor updates are supposed to do.
Looking forward to the world getting to see what @lxdev_ is working on!
Disclosure: @sats_ventures is an investor in @lxdev_.
BTC onchain usage should be 100x bigger. Missing piece = better products.
Launching BOB Inner Circle: 150 BTC power users, strong opinions.
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Independent review from @bitcoindiy is in.
Surge Credit: 7.5/10
What they validated:
β Custody model 10/10 β "best in class"
β Taproot vault on mainnet, key-path spend mathematically disabled
β Unilateral exit: recover your BTC yourself if Surge disappears
β Zero rehypothecation, verifiable on-chain
What's still open β and we're on it:
β EVM audit (in selection)
β DCN signers public in June
β No liquidation cascade survived on mainnet yet
Don't trust. Verify. Review in comments. π
Congratulations to @TychoOnnasch and the @ZestProtocol team on the TGE!
Iβm looking forward to seeing Zest Protocol continue its growth, especially with the impending launch of Bitcoin Collateral Vaults.
Disclosure: Sats Ventures is an investor in Zest Protocol.
Native Bitcoin markets, in addition to Native Stacks markets, will help to position @ZestProtocol as a go-to protocol for Bitcoin lending.
Most Bitcoiners are not comfortable with bridging or wrapping, and with Native Bitcoin deposits coming soon, it opens a new pathway.
I look forward to seeing the growth of native Bitcoin on Zest.
Another step in the journey for @surge_credit: from private beta to public beta. Go check them out if youβre looking to unlock a credit line against your Bitcoin.
If you've been playing around with @arkade_os, you may have noticed an 'Arkade address' in your Receive tab
You may be wondering:
π Why is it so long?
π Why is the first part the same even after creating a new wallet?
π How does it relate to my mainnet Bitcoin address?