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@Tapir_Protocol testnet is live on Sepolia.
https://t.co/jlG9OeftlL
Depeg protection where both sides keep the full base yield. No dead capital. You can try the mechanics right now β six pools, no real funds at risk.
Here's what it does and why I think DeFi needs it π§΅
Introducing the Monastery for AI-native founders.
A single builder can now outperform a publicly traded company.
$2 million. 12 weeks. Do the impossible.
Enough numbers. Here's what redemption actually looks like.
Pool resolved. 4.91% depeg. Tokens sitting there.
Three clicks. Done.
β https://t.co/MwSI0euywY
try it and tell us if anything breaks! π
we caught a first real live depeg on testnet today!
Pendle_sUSDai. DP holders can already redeem, par intact.
this is the whole reason we built Tapir. The user who didn't sign up to gamble on their peg holding didn't get punished for it. felt real today.
One month of Tapir public testnet, we just hit our first real depeg event. (April hacks π?)
Pendle_sUSDai captured cleanly, redemption working as designed.
Integrations live with @yearnfi, @pendle_fi, @ethena, @MidasRWA, and @ether_fi. Data are real :D
Thread update soon. Happy testing.
β Tapir
Looking forward to connect with the teams in ETHPrague, if you are there, reach out!
I am over at Masaryk Stage! Connecting with our launch partner, @Zircuit and many other teams!
Day 2 in @EthPrague. Still building. Still connecting
Depeg protection shouldn't sit at the edges of DeFi, it should be at the center of every yield position.
Reach out to @markoinether to connect!
Good conversations pushing that idea forward today π€
@puffer_finance@CoWSwap@SpaceComputerIO@LidoFinance
Great talking to you guys @fra_mosterts@merklefruit building @umia_finance
finally someone building the infra that makes token holders first class citizens!
Prague tomorrow π¨πΏ
Who else is heading to @EthPrague? Drop a reply! especially if you're working on stablecoins, LSTs, or yield-bearing assets.
We'll be around all three days.
I chose stability over chasing yield this time.
I've been restructuring my stablecoin positions and decided to go heavy into @yearnfi 's yBOLD strategy on @LiquityProtocol.
This is one of the few DeFi protocols with zero external dependencies and immutable contracts. Just code that can't be changed.
yBOLD is currently paying 9.74% in BOLD and autocompounds. That's very good.
I lowered my risk appetite compared to what I was doing before. I don't want to get my fingers caught with all these things I'm working on.
You can deposit via @DeFiSaver or help other curators like @Ceazor7 here: https://t.co/C3VHAYmk6Y
VCs will ghost me after multiple meetings and time spent.
Investors from oil and gas will pick up the phone and call me to let me know they're passing on the deal.
There's an extremely wide gap in character and integrity between these industries.
@nrbtdrc hi Norbert, saw you're one of the speaker on ETHPrague, I am keen to connect, we are approaching mainnet would love to integrate with dune's dashboard. I will be ard ethprague 8-10! lmk a good time, I dropped a DM on ur X :)
@ksatyarth2@EthPrague@puffer_finance hi kumar, I just dropped a DM on your X, I have a thesis on our DP wraps the slashing tail, YB monetises the βanti-slashing actually worksβ, would love to discuss what I am building could help Puffer. Keen to meet at ETHPrague?