🏛️ Templar Mainnet is LIVE! 🏛️
🌅 The Dawn of Cypher Lending is here.
Templar lets you borrow stablecoins against Bitcoin, or ANY asset on ANY chain, without trusted third parties. No wrapping, no bridging, No KYC.
Be your own bank with Templar.
Introducing Precept, by Templar.
Precept is live on @StellarOrg.
Lending infrastructure for institutions that configure their own rules.
You configure the precepts. The protocol enforces them.
Security:
Audit: @guardianaudits. No Critical, High, or Medium findings. 5 Low and 10 Informational: 14 resolved, 1 Low acknowledged. Report: https://t.co/Jd1XakYWpt
All 7 safety invariants are backed by machine-checked proof, plus a fuzzing suite: https://t.co/5vWBUz90Ct
A new Guardian Defender contest with @TemplarProtocol is now live, with a $100,000 award pool funded by Guardian!
Templar’s Precept lending lets anyone create isolated lending pools on Stellar.
Details on participating available below! ⤵️
We're aware of the exploit on NEAR Intents' BSC USDT bridge.
No Templar market holds BSC-bridged assets, and Templar assets are unaffected.
As a precaution, deposits & withdrawals are paused and temporarily unavailable. Updates soon.
To migrate:
1. Withdraw supply positions on the legacy site and resupply on the current site
2. Repay borrow positions on the legacy site, withdraw the collateral, and re-borrow on the current site
Legacy: https://t.co/jMUOvGkklM
Current: https://t.co/Xa3Oogq6lu
Liquidity is now live in the new markets.
If you have an open position, don't wait. Please migrate today.
Borrowers: repay → withdraw collateral → re-open on the new market
Liquidity is now live in the new markets.
If you have an open position, don't wait. Please migrate today.
Borrowers: repay → withdraw collateral → re-open on the new market
Incentives are now live on @TemplarProtocol.
The XLM/USDC Templar market is now incentivized through a @merkl_xyz fixed-rate incentive campaign, reducing borrowing costs and keeping the USDC supply rate interesting.
Depositors into the earnXLM vault automatically benefit from these incentives, enhancing their returns.
Pushing forward the @StellarOrg DeFi ecosystem.
Check the @merkl_xyz campaign here:
https://t.co/OlulTHhPxE
Distribution is the last mile, and composability is how you cover it.
We're building institutional capacity on @StellarOrg, wiring borrowing across @blend_capital and @TemplarProtocol with swaps via @SushiSwap.
And we're doing it with the support of @UntangledFi as on-chain data provider, the layer we need to scale and make every position on Stellar fully transparent.
Liquidity is now live in the new markets.
If you have an open position, don't wait. Please migrate today.
Borrowers: repay → withdraw collateral → re-open on the new market
🔐 Templar Protocol is migrating to upgraded markets.
Some legacy markets will be deprecated in 1 month. If you have funds deployed on them, prepare to migrate.
A thread on what's changing and where to move your liquidity 🧵
Updated migration map:
ibtc-iethusdc → ibtc-iethusdc-1 or ibtc-ixlmusdc
iethwbtc-iethusdc → iethwbtc-ixlmusdc
izec-isolusdc → izec-ixlmusdc
ixlm-ixlmusdc → ixlmusdc-1 (will be deployed by end of week)
Glad to contribute to DeFi infrastructure on @StellarOrg.
Building with @blend_capital and @TemplarProtocol to facilitate borrowing functionality, as well as @SushiSwap to enable seamless swaps across assets.
This is the kind of composability institutional capital needs on-chain.
We are proud to announce that we have completed a smart contract security assessment for @TemplarProtocol! 🔐
Templar lets you borrow against any asset on any chain without trusting centralized intermediaries.