Quick summary of what’s covered:
- We are continuing to postpone our launch until market conditions improve.
- The reason is persistently compressed funding rates.
- Many DeFi yield protocols are losing TVL or getting hacked. Not an environment we want to launch into.
- The product is ready to go. We’re just testing it further and using AI tools to audit.
- Large institutional investors are still interested in what we’re doing, but agree waiting is smart.
- We are keeping our burn rate low to conserve our treasury.
When we launch we are going to set deposit caps to help us scale the protocol systematically.
Deposit in the first 10M to receive 10x points.
This is the highest multiplier we will ever offer.
The waitlist is back open for referrals & limited time only!
You must already be on the waitlist to invite friends.
What's in it for you:
- Refer 3 friends who join the waitlist & unlock a 2x points multiplier on your balance.
- If the waitlist crosses 25,000 total sign-ups, every original waitlister gets a 3x points multiplier.
All three referral codes must be redeemed to qualify for the 2x multiplier.
Already on the waitlist? Here's how to refer:
- Go to https://t.co/5eDeVXLrbZ
- Enter the exact X username and wallet address you used to sign up.
- Share your 3 referral codes with friends (post them on X, drop them in Telegram, DM them directly).
Got a referral code but not on the waitlist yet?
- Go to https://t.co/JemsEwsPp4
- Enter your referral code.
- Complete the form and submit. You're in!
⏳The waitlist closes in ~5 days.
You are totally wrong if your stable coins like USDC and USDT is not working for you
Say bye bye to your stablecoins sitting idle
I’ll be having am AMA space on Friday 10AM UTC with @SHREDfi which will be co hosted by @Builderz_Space
Space link ~ https://t.co/YYtpuHqNQF
Set your reminderssss asappppp
What is @SHREDfi ? A new fixed rate savings protocol offering 10-15% APY on $USDC.
Powered by a fully on chain delta neutral strategy - longs on AAVE, shorts on hyperliquid.
Check out the deep dive 👇
Looking for more insider alpha on what's happening behind the scenes?
Follow our co-founders for exclusive updates:
- @markbardi
- @dancreee
- @dohko_01
Join us for an informative, community-led AMA X Space tomorrow!
When: Sunday 1 Feb at 10am UTC
We want to hear from all you Shredders out there 🫡
https://t.co/6ixeGfqpyq
Want to be part of a project that keeps rewarding you?
Join us tomorrow at 10am (UTC ) as we will break down everything about @SHREDfi and the earning opportunities across the ecosystem.
🎁 $100 up for grabs
The 5 best questions asked during the Space will share the reward)$20 each ) .
Host: @Naomi_brii
Co-hosts: @cryptobaps & @KayoOfAfrica
Speakers: @MarkBardi , @dohko_01
⏰ Set your reminder now , don’t miss it.
Set reminder here :
https://t.co/4Oyw9Cyobu
Intro to the stablecoin yield project I'm working with my crack dev team @SHREDfi.
In this video I cover:
- What it is, how it works
- Problems with yield in DeFi
- Our solution to those problems
- Vision, values and roadmap
A proper intro to SHRED from one of our co-founders, @MarkBardi.
For the 18,000+ new members who joined our waitlist this week.
Shredders, we're just getting started...🫡
Most yield products swing from 3% one week to 18% the next depending on market conditions.
SHRED offers a stabilized 10-15% APY on USDC. Smoothed by design.
Simple UX. No lockups. Backed by real revenues.
Waitlist is open for 5 days only ⏳
Join now 👉 https://t.co/SEyPIiakOG
Q: How are the current market conditions impacting our 15% target APY?
A: The short answer is: It is negatively effecting us like everyone else, but we're outperforming the alternatives.
Our 15% target rate isn't a guarantee.
Truthfully, no rates in DeFi are.
It's a dynamic target backed by 5+ years of historical data from Binance's CEX and ~2 years from Hyperliquid's perp DEX.
Here's how it works:
The target rate adjusts based on our buffer fund health.
When the buffer is strong, we offer users 15% APY and can progressively increase the distributed yield beyond that with variable rewards (say in HYPE for example).
When conditions get tough, we may have to temporarily lower it a few percentage points (like now).
The adjustment is deliberately slow and gradual, so the experience still feels like a fixed-rate product.
That's the core intent.
2025 has been a tougher environment for basis-trade strategies than the historical average.
Even so, our strategy is currently delivering 8-10% true APR.
With a healthy buffer absorbing the variance, effective yield pushes closer to 12%.
For context, DeFi yields are down across the board right now.
Ethena is sitting around ~5-6%.
Aave USDC supply is around ~3-4%.
We're still outperforming both, even in these adverse conditions.
Our mental model for success is simple.
Beat the risk-free rate.
Beat competitors with similar risk profiles.
We're doing both.
Here's the link for our community AMA this week. Don't forget to set a reminder!
If you can't make it, no problem, we will be recording it. You can submit your question(s) in TG or X ahead of time and we will reply to it for you to listen later.
https://t.co/lkQQ3ulich
We are hosting our first community AMA next week. Prepare your questions, Shredders!
When: 10 Dec. at 10:00 UTC (~30 mins)
Where: X Space
Why: Answer FAQs about our project
Official link will be shared next week.
The name "SHRED" stuck with us because it captures something fundamental about performance.
Achieving maximum output by cutting away the unessential.
When you shred, you're not adding complexity.
You're removing it.
What remains is pure capability.
Mastery that looks effortless because there's no wasted motion.
This matched exactly what we wanted to build.
DeFi yields are buried under layers of complexity, risk and opaque mechanics.
Most products add more features to justify their existence.
We wanted to do the opposite.
SHRED means cutting through all that noise.
One click deposit. One clean 15% APY. Real stablecoins.
Nothing hidden.
Nothing extra.
Nothing you don't absolutely need.
The best products feel obvious in hindsight.
They remove friction rather than add features.
That's SHRED.
High performance through ruthless simplicity.