Interlay Referendum 102 proposes to increase the vDOT and qDOT vault limits.
The vDOT vault collateral ceiling will increase from 500k to 1.5M, and qDOT vault collateral ceiling from 1.4M to 2.5M.
Vote here: https://t.co/PV70qFqN44
Thanks to everyone for feedback on the @Interlay iBTC treasury proposal!
1) Option 1 ("Polkadot Treasury grants DOT to pay out as vault rewards") was the clear favorite.
After community feedback, I have submitted the official proposal to @Polkadot governance to support adding 45 $iBTC of capacity to the @InterlayHQ $BTC bridge to support the Polkadot #DeFi campaign.
The Polkadot DeFi campaign is about to launch, driving demand for 22.5 more $iBTC. However, the @InterlayHQ $BTC bridge doesn’t have capacity to mint more $iBTC. We propose Polkadot treasury support for vaults to add more $iBTC capacity.
With $vDOT reaching $2.8M in TVL on @InterlayHQ, Bifrost has added $BNC as collateral to borrow assets on Interlay's Lending Market.
Get your $BNC on Interlay from Bifrost, simply using the cross-chain function on https://t.co/FBfOFmUrJB ✖️⛓️
👉 https://t.co/sf80mjcAOk
We appreciate the mention from our friends at @DIAdata_org.🙌
Interlay is the one-stop shop for DeFi on Bitcoin.🏗️
Check out their thread on Interlay 👇
https://t.co/kBPmC63vUB
🔶 Bitcoin DeFi Protocol in Focus: Interlay
From trading to lending and borrowing, creating leveraged positions and swaps across 17 supported networks, @InterlayHQ is a one-stop-shop for DeFi on Bitcoin.
Learn more about Interlay and its $50m+ DeFi TVL. 🧵
🔶 Bitcoin DeFi Protocol in Focus: Interlay
From trading to lending and borrowing, creating leveraged positions and swaps across 17 supported networks, @InterlayHQ is a one-stop-shop for DeFi on Bitcoin.
Learn more about Interlay and its $50m+ DeFi TVL. 🧵
Referedum #97 is now live to vote on @InterlayHQ!
This proposal if approved will:
• Add BNC to the Interlay DEX (as BNC-INTR pair)
• Create a money market for lending and borrowing BNC
Can read more info about the rates and threshold on the link 👇
🗳️VOTE NOW : OPEN XCM CHANNEL WITH PHALA🗳️
A new proposal that aims to create a channel to transfer assets between Interlay and Phala has just gone live.
Supporting this proposal will allow for more use cases for iBTC and could lead to PHA being listed on the Interlay money market.
You can vote now! 👇https://t.co/fgOBviym0x
This means you can now track different on-chain metrics about Interlay network.
For eg. You can now track how much iBTC has been issued over a certain period of time. 📈
We're excited about the Integration of Interlay as one of the first six @Polkadot and @kusamanetwork parachains live on @DuneAnalytics 🎉
This Poses more growth for the ecosystem as users can now seamlessly track development at Interlay.
See more below. 👇
Starting today @Polkadot@kusamanetwork and 6 top #parachains are now live on Dune!
Our mission is to make crypto data accessible, and we're thrilled to help the #Polkadot ecosystem in partnership with @colorfulnotion ⚡
Start your data journey👇
https://t.co/mMs4iO9w96
BIG NEWS! 🔥
After iBTC won the latest "Vote-For-Boost" on @StellaSwap, we're excited to announce that the iBTC<> DOT pool on Stellaswap is live and now incentivized.
Check it out!
🎊 @InterlayHQ’s $iBTC has won the latest 𝐕𝐨𝐭𝐞-𝐅𝐨𝐫-𝐁𝐨𝐨𝐬𝐭! ��
And by a large margin! NGL, we were rooting for @Polkadot’s native #Bitcoin since the start, and we’re glad to see the community rallying behind $iBTC 👏
Rewards go live in a few hours, so stake now!
Starting today @Polkadot@kusamanetwork and 6 top #parachains are now live on Dune!
Our mission is to make crypto data accessible, and we're thrilled to help the #Polkadot ecosystem in partnership with @colorfulnotion ⚡
Start your data journey👇
https://t.co/mMs4iO9w96