TRON has reached our Testnet.
Native TRX and USDT-TRC20 swaps are one step closer. Before mainnet, we're running a more deliberate testing phase than with previous integrations.
More on what we're testing and how on our blog: https://t.co/RG2xmRLWwm
When @trondao goes live on our mainnet, we unlock a range of new native swapping paths:
USDT (TRC20) ↔ native BTC, ETH, SOL, ARB, HUB
USDT (TRC20) ↔ USDT and USDC across ETH, SOL, ARB, HUB
TRX ↔ every supported chain and asset
Available soon at https://t.co/4XlD0P1ilw
With the upcoming FLIP 2.1 tokenomics, current simulations project an APY of 28.2%.
Check out the full FLIP 2.1 tokenomics simulation at https://t.co/5c7HEp8d8l
Want to watch the protocol buy FLIP in real time?
Check out the community terminal https://t.co/6B6kOk6t1b, built by @chainflipgod. It tracks live buybacks and includes a FLIP 2.1 staking simulator for the upcoming tokenomics updates.
Introducing https://t.co/rS3ptLmz2V
For my fellow $FLIP bulls, it's a simple site that currently shows every protocol buy of FLIP in real-time, as well as offering a simulator for FLIP 2.1 to show how much you'll personally earn on every swap
Check it out!
Chainflip Lending support coming soon
We've already launched a dashboard where you can track it but needed more time to build the full pipeline for using it
Dear @nikitabier,
$FLIP is the ERC-20 utility token of Chainflip, a fully decentralized cross-chain DEX protocol that lets users swap native assets (e.g. BTC → ETH) across blockchains without wrapped tokens or bridges.
Yo @nikitabier, is there any way or formal process to have a cashtag updated?
$FLIP currently directs you to some random $87k solana pump fun coin instead of @Chainflip
Probably priority number 71348 for you, but figured I'd ask!
📈Top BTC Yields by Protocol
Demand for BTC never runs out, and protocols know it
For any blockchain looking to attract more liquidity, BTC remains one of the most important assets to onboard. As a result, protocols across multiple ecosystems are competing to offer attractive BTC-denominated yields
Current top bitcoin:native yield opportunities:
- $XBTC || @navi_protocol || Sui || 8.1%
- $WBTC || @Frax || ETH || 6%
- $AvantavBTC || @avantprotocol || AVAX || 4.63%
- bitcoin:native || @Chainflip || Bitcoin || 4.32%
- $XBTCY || @lagoon_finance || ETH || 3.21%
- $VBWBTC || @yearnfi || Katana || 2.77%
- $WBTC || @endurfi || Starknet || 2.45%
- $LIQUIDBTC || @ether_fi || ETH || 2%
As BTC liquidity becomes increasingly competitive, yield-bearing BTC products are emerging as a key battleground for attracting capital across ecosystems
@TeamX76 Most people borrow against their BTC because it’s the asset they want to keep while still staying liquid. Therefore, the most popular assets to borrow are stablecoins.
Chainflip Lending update:
- Total borrowed assets have reached $3.1M
- Active loans came in at $498K in May (vs. $111K in January)
- USDT is the most popular asset to borrow, making up $385K of current active loans
With the launch of Lending 2.0 it will become even more attractive to supply BTC.