Markets are volatile, but Structured is performing as designed.
The JLP BTC Neutral Strategy remains stable, delivering 7.8% BTC-denominated 7-day APY.
Track performance on the dashboard: https://t.co/n53ZLZJckW
The rise of Bitcoin DeFi has created an abundance of new opportunities to earn yield on the asset. And at the forefront of this innovation is our portfolio company @neutron_org, whose Bitcoin Summer Vaults campaign has allowed users to bootstrap the ecosystem and earn income on their BTC.
Hadron Labs Co-Founder & CEO @0xSpaydh joins CoinFund Co-Founder, CIO and Managing Partner @flexthought and Partner @einar_hb on the latest episode of Mined with CoinFund to discuss Neutron’s approach to DeFi, early findings from the Bitcoin Summer Vaults campaign, and the biggest challenges that face BTCFi adoption. They cover:
- Modular DeFi infrastructure (2:18)
- Passive market making (11:21)
- DeFi’s target audience (23:54)
- Bringing maxBTC to market (34:09)
- Challenges to attract supply & demand (43:20)
maxBTC is here.
Two vaults are open for deposits on @Neutron_org:
- Mint maxBTC to earn BTC-denominated yield
- Provide liquidity in the maxBTC/WBTC Supervault for maxBTC exposure + market-making yield
Get maxBTC: https://t.co/jGQEO4nRcP
BTC Summer is the most intentional thing we've ever done on Neutron.
We started by asking ourselves what is needed to make DeFi on BTC a reality. The answer is that there are three components :
1) yield
2) liquidity
3) leverage
BTC yields are practically non-existent across all of crypto. To solve the yield problem, we incubated maxBTC, an easy way for everyone to get great yields on BTC by just depositing or swapping into the token.
But a token with yield isn't enough. Users and traders need liquidity - a way to swap and borrow BTC with little price impact. To solve this problem we built Supervaults - a dynamic, high-frequency market making protocol that anyone can deposit to. BTC Summer is the campaign to bootstrap this liquidity.
And finally users need leverage. This is where Amber and Mars come in. Amber is an isolated market for BTC tokens. On Amber you can use maxBTC as collateral to borrow wBTC, solvBTC, eBTC, uniBTC and LBTC. If you want to leverage your BTC yields Amber lets you swap your borrowed tokens into maxBTC and supply them as collateral at your desired leverage in a single transaction.
Mars on the other hand, allows you to use you BTC tokens as perps collateral so you can trade against them - go leverage long, basis trade by shorting, or run a long-short strategy, all while your collateral as yield.
These protocols are unique in their design and only exist on Neutron. Not just because Neutron fast and cheap (which it is), but because it has unique, powerful infrastructure for applications to build on.
BTC Summer is about unlocking the largest trades on the industries largest asset. But it's just the start to showing the world what Neutron can do.
HIRING 🚨
We are looking for an experienced Community Manager to build and run @StructuredFi 's (maxBTC) community from the ground up.
Apply now ⬇️
HERE: https://t.co/qomMlgu3wD
AMBER FINANCE 🟠
Built by @mars_protocol contributors using their audited, battle-tested smart contract code, Amber is the premiere Bitcoin-native yield platform, built on @neutron_org.
🔀 CORE FEATURES
✦ Yield on BRTs: Earn passive yield by depositing tokens like LBTC
✦ Leverage Looping: On-chain leverage strategies up to 10x with LTVs up to 90%
✦ Points Farming: Earn Mars Fragments, Neutron Rewards, and boosted campaign points (up to 4x)
✦ Seamless Swaps: Trade between BRTs with minimal slippage via integrated Neutron Supervaults
All revenue generated flows directly to the Mars Protocol Foundation (MPF), ensuring shared incentives and sustainable ecosystem growth 👀
Supervaults mark the end of passive liquidity. For the first time, you can capture the profits that arbitrageurs once claimed.
Deposit now: https://t.co/yneZwEq2ir
Step-by-step guide: https://t.co/p5kJh9434t
maxBTC is here.
Liquid, yield-bearing Bitcoin with BTC price exposure and sustainable BTC-denominated returns from proven strategies.
Built for DeFi. Use it as collateral, borrow, and loop to compound returns.
Real yield on Bitcoin.
Learn more: https://t.co/fvviQ5AY8K