We are thrilled to announce that Rated Labs, the company behind @ratedw3b, has raised a $12.888 million Series A round to accelerate our mission for greater transparency and rich context in Web3 infrastructure data.
Read more 👉 https://t.co/Witn2lLOva
Challenging day for Ethereum infrastructure! We're observing the lowest network-wide effectiveness since Shapella, and double the missed blocks % of the last 30-days average.
👉 https://t.co/MByPxSDMFf
We're chuffed to finally talk to you about our integration with @MMInstitutional's staking marketplace!
Through it, we're helping add transparency and good standards to a novel delegation-like experience, a first in Ethereum staking.
More 👉 https://t.co/Cw8RHMrxu8
Stoked to share that, as per https://t.co/iEymWKXMDv, Staking Facilities is the top-performing Node Operator on #Ethereum with an all-time APR of 5.26%
Also proud of our setup, which boasts one of the highest client diversities among node operators 🙌
@ratedw3b is such a great resource for Ethereum #stakers - appreciate the work y'all doing 🙏
It's not because there's no secondary market liquidity that @BackedFi assets as a collateral cannot get liquidated within @AngleProtocol!
The first bHIGH vault just got liquidated, making the protocol safer: https://t.co/K4jBu6HiL8
With Angle, you've now got something earning >7% in € that you can use to borrow agEUR at a fixed cost of 2%.
Because of the small secondary market liquidity for bHIGH, it should only be available to people with a KYC with @BackedFi, but still...
*THIS IS AN ADVERTISEMENT*
NEW PRODUCT LAUNCH
bHIGH Backed HIGH € High Yield Corp Bond 🇪🇺
$bHIGH is our tokenized tracker of the iShares High Yield Corporate Bond UCITS ETF that holds a portfolio of bonds including Telecom Italia, Renault, and Lufthansa.
For more information about bHIGH, and all of our products, please visit https://t.co/aj8x2KBf25
###
Backed is not affiliated with or licensed by BlackRock Inc., BlackRock Fund Advisors and any of its affiliates and bHIGH is not an iShares product.
Backed DOES NOT sell its tokens to U.S. Persons or for the account or benefit of U.S. Persons, and tokens are not marketed, offered, or solicited in the U.S. or in any other prohibited jurisdiction.
For a full list of prohibited and restricted countries and review of legal documentation, please visit https://t.co/aj8x2KBf25
After bIB01, time for the first € bonds on-chain!
A proposal to introduce bHIGH (high yield corporate € bonds tokenized by @BackedFi) is live on @AngleProtocol Governance forum.
This is the kind of stuff that can be a 0->1 for DeFi!
https://t.co/JfWAUTB5vh
.@BackedFi, a frontrunner in bridging real-world assets, is now deploying its token offerings #onPolygon
Signifying a step forward in enabling more frictionless & accessible financial ecosystems 🌐
📢 More exciting news!
We are expanding our token offering to include issuance and redemption on the @0xPolygon network.
This move unlocks incredible opportunities for integrating traditional assets into the world of DeFi. 🌐
Tokenized Securities [On-chain T-bills/ETFs] are going strong with over $220 Million Market Cap - almost all in the last 4-5 months!🔥
What's going on in the space - why it's booming, how it works, and what's ahead? 🧵⇩
When I was saying that I was excited by this, I meant that I was REALLY excited by it!
Lend sth that earns 5%, to borrow for 2% a year and potentially buy more of the asset yielding 5% 🤯
Come join us this Friday at 2pm CET to discuss why this is game changer for all Defiers. Erwan Mismaque from @BackedFi will share with us how they built a scalable and ambitious tokenization project.
https://t.co/qkxJd4wlvD
Angle just added its first tokenized asset as collateral for agEUR: bIB01!
You can now borrow agEUR using bIB01, a short-term US Government bonds ETF tokenized by @BackedFi!
.@ribbonfinance casually making a $2M order of bIB01 (tokenized t-bills ETF) and @BackedFi preminting the tokens to be ready.
Let's now wait TradFi to settle a few days.
Users hold >$70b in stable coins on Ethereum alone. By this they are forgoing ~4% APY or $2.8b annually. @BackedFi is going to change that by issuing freely transferable tokenized bonds that can be used everywhere where stables are used today.
I just issued some.
Backed will be @dappcon_berlin next week. If you're there, say hello to @leviadam1, @erwan_backed & @levimeade7
We'd love to meet you and discuss building the infrastructure to bridge #realworldassets on-chain.