Portfolio update.
Infrastructure for LPs and allocators to:
• Aggregate positions across 60+ chains in one view
• Compare current yield against reallocation APR
• Route any asset into live Turtle opportunities
• Claim @merkl_xyz and Turtle earnings from a single tab
Built for liquidity providers managing positions across chains.
Following the $292M LayerZero exploit, Turtle has updated its due diligence framework:
• Assets relying on configurable, ad-hoc bridging are priced with a haircut
• Cross-chain tokens integrated with @Chainlink CCIP are preferred
The haircut accounts for the additional monitoring burden capital allocators carry when verifier configurations can shift ad hoc.
CCIP's secure-by-default cross-chain infrastructure is the gold standard for institutional liquidity in internet capital markets. It lets allocators quantify and price risk with precision, and is the recommended solution for issuers.
When issuers ship on secure-by-default infrastructure, Turtle can:
• Eliminate single points of failure
• Price risk without constant manual review
• Compress time-to-deal
• Quote on the most favorable terms
Read the full updated framework:
Update on the Lido EarnETH situation.
@LidoFinance has made EarnETH LPs whole after the April 18 LayerZero/KelpDAO incident.
Downstream products including @yield's yoETH are unaffected.
Turtle's Diligence Council rebuilt how we assess cross-chain risk after the @KelpDAO incident.
$2.5B moved to CCIP in four weeks. Notes coming this week on what changed, what allocators care about, and what it means for issuers in internet capital markets.
Stop guessing where to provision liquidity.
Compare opportunities.
Choose the best one.
Check due diligence.
Deploy in seconds.
https://t.co/1e6tD7NwyR