Omer Husain

Under construction

your lending protocol made a political choice and didn't tell you · PhD · CEO of @pogun_io | GM @IOGroup

All opinions are my own

[Omer Husain @omerh_]

https://t.co/m984OXyo5D

[Pogun @pogun_io]

https://t.co/ok2DnsFI6T

[Pogun @pogun_io]

Bringing Bitcoin into DeFi today asks the user to trust someone. Pogun is reducing the reliance on trust by mirroring Bitcoin. Coming soon!

[Pogun @pogun_io]

Check out this new article from Torben P, CTO of Pogun, as he dives into the technicals of Pogun’s credit market and how we have minimized trust and risk by implementing mirroring Bitcoin instead of wrapping. https://t.co/KIIely1ak2

[Omer Husain @omerh_]

This is amazing. Imagine wallets embedding a borrow stables against your BTC button!

[Santiago Carmuega @santicarmuega]

Imagine wallets embedding dApps in their own UX.

Imagine LLMs orchestrating dApps without worrying about tx building.

Imagine business workflows integrating Cardano as easily as a Web2 API.

[Phil 🪏 @phil_uplc]

USDCx on Cardano is larger than USDCx on all the other networks (Stacks, Canton, Movement, Aleo) combined.
https://t.co/BDld6D0o0A

[Torben Poguntke @blocksmithy]

https://t.co/YA0V2QIMqX

[Pogun @pogun_io]

2 years later and those "new technological developments on the horizon" are officially here. Pogun’s BTC mirror is the technical evolution that finally fixes wrapping without the usual compromises 🛠️

Bitcoin DeFi is still evolving and Pogun is taking the next step, realizing the BitVM promise to enhance cross-chain interoperability.

[Pogun @pogun_io]

Pogun is building the credit rail for Bitcoin. Non-custodial. Deterministic execution. The kind of infrastructure institutions can actually use. Watch this space.

[Omer Husain @omerh_]

We’re creating the first real Bitcoin Mirror.

[Pogun @pogun_io]

Pogun mirrors Bitcoin instead of wrapping it.

When you lock BTC, a 1:1 representation of that specific UTxO is minted on Cardano. It’s not a fungible token backed by a pool of deposits, it’s a direct mirror of the exact BTC you locked on Bitcoin.

Your original BTC stays where it is, while the mirrored BTC goes to work.

[Pogun @pogun_io]

Every Bitcoin bridge you've used wraps Bitcoin.

Your BTC goes in and an IOU comes out. It is a promise to get your deposited amount of BTC back, but it's not technically the exact BTC you put in. This makes security, taxes, and everything else messier than it has to be.

[Crémieux @cremieuxrecueil]

Eli Lilly has done it.

They've gone and made what seems to be a powerful, permanent gene therapy for LDL cholesterol.

That means they'll be able to effectively prevent most heart disease with a single infusion!

[Pogun @pogun_io]

Thank you to all who voted and supported the Pogun treasury proposal! We’re committed to delivering capital without compromise. The window to claim this category is open. We don't intend to leave it open for long. More to come 👀

[Brian Armstrong @brian_armstrong]

One of the toughest parts of being a founder is putting your ideas into the world, seeing if anyone cares (usually they don't - or worse, are rooting against you), and then seeing if you can actually pull it off (usually way more setbacks along the way than you thought!).

You have to:
(1) develop thick skin and find a way to ignore the haters
(2) still take advice from people who have your best interests at heart
(3) have the wisdom to know the difference

Then move from one setback to the next with no loss of enthusiasm for longer than you thought. Be borderline delusional, get after it every day for a decade, and turn out to be right. Finally, when your tenth or hundredth approach to a problem doesn't work, just keep coming up with more ideas.

Had a great day at Base Batches yesterday, meeting founders building on @base and hearing about the latest onchain innovations. Shout out to all the founders!

[Jeff Bezos @JeffBezos]

Thank you. The important part is zeroing out taxes on the bottom half. Best way to put money in someone’s pocket is to not take it out in the first place. Bottom half is only 3% of total tax revenue. But it’s very meaningful to that person. Zero it out.

[Pogun @pogun_io]

Our CTO @blocksmithy breaks down why Pogun's Bitcoin DeFi architecture is not just theoretically sound but buildable right now.

Worth reading before the vote closes May 24.
https://t.co/7yvUb92tNb

[Pogun @pogun_io]

The credit market operates entirely on-chain as open infrastructure.

Developers can integrate Pogun's peer-to-peer lending mechanics directly into their own DApps, wallets, or treasury management platforms.
No permission required. No gatekeeping. No Pogun involvement needed.

Pogun is also shipping a ready-to-implement library specifically for integrators, so the integration work will be minimal.

[fallen-icarus @__fallen_icarus]

🚨 New Blog Post 🚨

Debates are healthy for truth-seeking, but debating on X is terrible...

What if I told you the solution isn't to abandon X, but instead play "AI Chess" with Grok? 👀

Anyone interested in challenging me to a match? 😏

[Linda @Cryptofly777]

We’re one step closer to BTC DeFi on Cardano!

@wanchain_org is facilitating a demo of Pogun’s atomic swaps between Bitcoin and Cardano!

[fallen-icarus @__fallen_icarus]

I view Pogun a lot like Red Hat.

If Linux didn’t exist yet and Red Hat had a treasury proposal to create it, would you vote yes?

Or would you vote no just because Red Hat is commercial?

[Phil 🪏 @phil_uplc]

This is the core value proposition of Pogun in terms of public infrastructure, and it feels as if very few dReps are talking about it.

Yes, there is a dApp (that’s permissionless, open-source, can be forked, extended, repurposed, etc), but additionally, the proposal delivers a trustless BTC <-> Cardano bidirectional bridge with zero custodian risk or middleman risk. You will be able to move BTC to Cardano and back without ever losing custody of your assets, no relying on a multisig or any other authority.

This is a first of its kind, trustless bridges are the holy grail of blockchain innovation, every chain wants one, billions are lost every each in bridge exploits, there’s multibillion dollar industries built around creating independent blockchains designed for the sole purpose of bridging funds across chains to reduce the middleman risk. The proposed BitVM Cardano bridge is a first of its kind fully non-custodial bridge.