Joe Foster

Interested in onchain yield, DeFi, private credit, & SME lending. Product @opentrade_io, prev @CredoraNetwork

[Avalanche_中文🔺 @Avalanche_CN]

今天��� Avalanche Payments Collective （Avalanche支付联盟）正式推出了！

首批创始参与方包括 Franklin Templeton、VanEck、Anchorage Digital、Paxos、Agora、Ethena、Rain、Axiym、Tassat 等覆盖支付全链条的机构。

这个 Collective ���稳定币、结算、资金管理基础设施、外汇、托管、发卡、企业支付、资产管理和全球付款等领域的公司汇聚在一起。

我们为什么要成立这个联盟？

因为支付的未来，靠的不只是更快的交易速度。

而是要让资金在全球范围内顺畅流动，需要流动性、结算、合规、资金管理、托管、外汇和本地支付网络像一个整体一样协同运转🔺

目前，已有 28 家领先机构在 Avalanche 上构建支付流，覆盖 150 多个国家、96 种货币，以及约 220 亿个付款端点。

过去几年里，Avalanche 已经悄然成长为业内覆盖���广的支付生态之一。

现在，这个生态有了自己的名字——Avalanche 支付联盟

了解更多请阅读博客 https://t.co/QIpZvNvngH

成员名录
Founding Members: AeraTech
@Anchorage
@AxiymFinance
@brale_xyz
@coreapp
@dakota_xyz
@ethena
@FTDA_US
@grovedotfinance
@krakenfx
@Lynq_Network
@meshpay
NHN KCP
@nonco_otc
OatFi
@opentrade_io
@Paxos
@raincards
@RequestFinance
@rise_pay
SETTL
@StraitsX
@tassatgroup
@vaneck_us
@WisdomTreeFunds
@withAUSD
@wyostable
@zerohashx

[Merlin Egalite 🕛 @MerlinEgalite]

my pov:

-> security is cat and mouse game. always has been (check early internet days)
-> security holes were already there, it's just became cheaper to exploit
-> it will become cheaper to fix as well
-> security tools are going to catch up very soon
-> most recent hacks are opsec related not SC related ( @flipdazed pulled the numbers recently)
-> we need to level up on opsec :for sure:
-> we see noncustodiality and risk isolation has 2 key very important design choice to limit hack impacts
-> more LOC = larger attack vector so simplicity is paramount
-> i've never seen a more exciting time to build stuff than today

[Joe Foster @JoeDLFoster]

awesome news for @opentrade_io!

Really excited for the speed that this allows us to build with, as we expand our yield product and Liquid Yield Token offering.

We are lucky to have great clients, great investors and a great team!

[OpenTrade @opentrade_io]

1/ OpenTrade has raised $17M in a strategic round, bringing total capital raised to over $30M. Led by @mercuryfund and NotionCapital, with participation from @a16zcrypto, @AlbionVC, and @CMCC_Global.

[OpenTrade @opentrade_io]

1/ OpenTrade has raised $17M in a strategic round, bringing total capital raised to over $30M. Led by @mercuryfund and NotionCapital, with participation from @a16zcrypto, @AlbionVC, and @CMCC_Global.

[OpenTrade @opentrade_io]

1/ $324 billion. That's how much was processed in stablecoin transactions across Latin America in 2025, an 89% YoY surge. Our latest report, “The Stablecoin Surge: Unlocking Growth Across Latin America,” breaks down what's driving it 👇

[Sierra @SierraIsMoney]

We can confirm that SIERRA has never had any exposure to USR, RLP and the Resolv protocol

[Joe Foster @JoeDLFoster]

@segall_max This is awesome @segall_max …rwa yields soon ??? @SierraIsMoney

[Joe Foster @JoeDLFoster]

Big step for the development of @SierraIsMoney and SIERRA holders

[Sierra @SierraIsMoney]

We're really excited to announce the launch of SIERRA's market on @pendle_fi

This milestone marks the first chapter in new opportunities to earn yield on SIERRA throughout the Summit Program

Read below on why we're launching on Pendle, how to participate and key details👇

[Sierra @SierraIsMoney]

We're really excited to announce the launch of SIERRA's market on @pendle_fi

This milestone marks the first chapter in new opportunities to earn yield on SIERRA throughout the Summit Program

Read below on why we're launching on Pendle, how to participate and key details👇

[Kevin Mills @__kfm__]

Heard it was a volatile weekend. Could have fooled me

[Sierra @SierraIsMoney]

An important metric for comparing Liquid Yield Tokens is how much secondary market liquidity is available

More secondary market liquidity reduces transaction costs and user frictions, enables new use cases and broadly supports growing adoption

Check out SIERRA's numbers👇

[Joe Foster @JoeDLFoster]

Very cool day for the @opentrade_io team - and thank you to all of our clients for the trust you place in us to make it happen!

[OpenTrade @opentrade_io]

1/ 🎉 We’ve crossed $100M in TVL!

[Joe Foster @JoeDLFoster]

looking good @SierraIsMoney 👋

[Turtle @turtledotxyz]

.@SierraIsMoney deal: ~14% APR on Stablecoins (ETH & AVAX)

• Includes a +3.5% real yield boost, paid in SIERRA LYT
• Up to $12.5M TVL
• Rewards distributed directly via Turtle App
• Bi-weekly payouts to start, moving to daily soon

[Joe Foster @JoeDLFoster]

@ImperiumPaper - V interesting take. It would also get them out of the bind of how to display meaningful comparative risk data without annoying the curators - which they avoid atm to the detriment of users

Danger tho that you are just passing the same problems to the next guy.

[PaperImperium @ImperiumPaper]

I think modular lending protocols like Euler and Morpho would be well advised to run as quickly as they can away from hosting their own branded front ends.

The case for a depositor bail out is, in my opinion, a fairly weak one, and not one to be rushed into.

As someone (unpopularly) stated in the thread, this is like asking Uniswap DAO to reimburse because a pool contained a rug token.

I agree with @hasufl that a bail out moves the curators fully into “heads I win, tails you lose” territory. This is precisely the position of banks that led to Bitcoin’s creation.

I think, though, that managing reputational risk is easier with an arm’s length third-party front end. Curators can also host their own (@MoonwellDeFi is a great example).

It’s just easier to not have your brand plastered next to a bajillion credit products, since inevitably some will fail at some point.

The key thing here is to make it clear Euler and Morpho are *software*, while the curators are *financial institutions*.

If a stock I bought loses money because of fraud or mismanagement, I don’t ask for compensation from Morgan Stanley or IBKR or whomever. I go to the company itself for compensation - or to the financial advisor that told me to buy it. But it’s ridiculous to curse a menu when I was the one who ordered the dish and was cooked by someone other than the menu’s printer.

In general, it’s appropriate to make clear that no *liability* sits with software providers. It’s unclear still if curators hold any liability, but it certainly shouldn’t be Euler, Morpho, or third-party interfaces.

That would be like blaming Uber Eats drivers for food poisoning. You chose the restaurant and the dish. All they did was follow your directions.

[Sierra @SierraIsMoney]

1/ Most points programs miss the point!

Points programs have become a standard tool for protocols to incentivize early participation and bootstrap token distribution but many have fallen short in achieving transparency, fairness, and long-term alignment

[Sierra @SierraIsMoney]

@merkl_xyz Some activities that earn Peaks include:

1) Passively holding SIERRA
2) Providing liquidity on DEXes like @LFJ_gg
3) Buying YTs and providing liquidity on @pendle_fi (coming soon)
4) Borrowing against SIERRA and its Principal Tokens (PTs)

Check out the Peaks Dashboard for more!

[Mitchell @WR_Crypto]

I'm really proud to share what we've developed with @SierraIsMoney's Summit Program

Peaks represent our approach to points and we've believe the design remains true to our core principles of transparency, fairness and being community-first

[Dave Sutter @BTC_Dave]

This is something I am incredibly proud to announce and highlights the power of our partnership with the market leader in staking infra @Figment_io and world class exchange and custody provider https://t.co/RpaQKIjh5U.

I genuinely believe this will grow into a multi-billion dollar line of yield products over the next 1-2 years and I'm incredibly excited to finally be able to tell the world about it after months of hard work across all three teams to get the first product built, tested, and brought to market. Much more to come, stay tuned!

[Figment @Figment_io]

🚀 Figment is bringing staking to stablecoins.

We’ve launched OpenTrade Stablecoin Staking Yield Powered by Figment — delivering ~15% average APR on stablecoins, powered by Figment’s institutional-grade infrastructure, OpenTrade’s yield engine, and https://t.co/AbQoDsJ0Y3 custody.

We’re prioritizing security and legal protections often unavailable in DeFi lending and marketplaces.

👉 Learn more: https://t.co/yjcwMnTFtv

[OpenTrade @opentrade_io]

1/ Introducing a New Category of Stablecoin Yield from OpenTrade, Powered by @Figment_io Staking

Today, we’re announcing that we have partnered with Figment to bring the power of staking to stablecoins - launching OpenTrade Stablecoin Staking Yield Powered by @Figment_io, delivering an average ~15% APR on stablecoins through price neutral staking (based on historical data and subject to market conditions).