The team had been in stealth longer than anyone with v1 ... learning, iterating, fixing what didn't work.
PMF was already there. We just needed to build it right.
v2 is that answer: safe atomic leverage on @Morpho with ease, Audited by the best.
Launch was the hardest part. Now the real work starts. LFG!!
Introducing Spiral Stake v2
An atomic & composable execution layer for onchain leverage markets on Ethereum. Powered by @Morpho’s risk isolated markets.
Make your leveraged position (upto 9x) seamless, flexible to manage & gas efficient with v2. Entry/exit in one click.
For staked stables, stablecoin PTs and wrapped ETH.
🧵
Another storefront is open for business on Main Street: $msY is now live on @0xspiralstake V2.
Leverage msY yield up to 5.7x in one click, powered by Spiral Stake's atomic execution layer and @Morpho markets.
Institutional yield for everyone, amplified.
@0xspiralstake@Morpho Solid product market fit
Pendle PTs + staked stables with seamless 9x leverage on Morpho could capture serious flow as users chase higher yields without the old loop hassle
@BasedIndia@coinbase That's not what we call getting on chain when your transfer/withdrawal get disabled forever, the moment you enable bank deposits
Please try to make it defi composable at least in the coming weeks!!
Else stop bragging like this, like a miracle happened... Lol
@OpenZeppelin@valentinmihov What a day to be alive, the company has to defend itself from its ex-CTO/co-founder's remark
But one thing for sure DeFi will win amidst all of these!!
@bc1arbi@maraoz Definitely feels like that, cause no one would have ever wondered that the founder of @OpenZeppelin could ever start questioning the whole of defi