Thyborg

@Cosmos strategy at @informalinc | Member @hydromarkets | Curator-in-chief of the Interchain Reports

[Thyborg @Thyborg_]

Happy to inform that I'm joining @informalinc to help onboard the next 1000 app-chain to @cosmos 😎 DMs open for any dev & team interested in the most interoperable & scalable crypto ecosystem

[Philip Offtermatt @philip_off]

Hydro is finally home on the Hub. The Hub team was great in supporting us during the migration, enabling some extra CW features to make the migration extra easy for us!

[Cosmos Hub ⚛️ @cosmoshub]

Following the v27.0.0 upgrade, @hydromarkets has migrated to the Cosmos Hub!

Hydro is accepting ATOM deposits in its yield-bearing inflow vaults, now executable directly from your ATOM balance on the Hub.

Deposit ATOM: https://t.co/oxOXKe0pJB

Welcome home, Hydro ⚛️

[Hydro @hydromarkets]

Hydro has been successfully migrated to the @cosmoshub ⚛️ Both the Inflow vaults and the ATOM auction infrastructure are now running on the Hub, and you can use them today with your Hub wallet.

With permissionless CosmWasm now enabled and @cosmoslabs_io supporting the Hub’s continued development, it was time for Hydro to come home.

Since launch, Hydro auctions have received over 100 bids from 20+ protocols, and we’re still deploying liquidity to @osmosiszone, @stride_zone, @neptune_finance, @HelixMarkets, and @oroswap

Hydro’s Inflow vaults accept ATOM, BTC, and USDC, and route them into the best available DeFi strategies across chains, rebalancing as opportunities shift. There are multiple risk levels for each vault to suit everyone’s risk appetite (the higher the risk, the higher the APY).

[Carter L. Woetzel ❎ @l_woetzel]

Enough is enough.

@axelar there are $700k of hacked funds STILL SITTING on Axelar from the exploit on Secret.

There are multiple examples in history of DAOs seizing hacked assets to help remediation.

Your refusal to protect users is disgusting.

https://t.co/F8ZnlbtaCr

[Thyborg @Thyborg_]

@aesmonty @range_org Congrats !

[Thyborg @Thyborg_]

We’ll have a @hydromarkets USDC vault outpost on Arc. And since we’re migrating the core vaults to @cosmoshub, we’ll be able to use the Hydro vault tokens from the Cycles Pay savings account as cross-chain payment rails between Arc and the Hub. Users will be able to deposit on Arc and redeem on the Hub and vice-versa without any extra bridge step and with the underlying USDC earning yield all the way through.

That means people won’t have to withdraw ahead of time and have their funds sit in a zero-yield wallet while waiting to pay bills. And of course, since Cycles Pay uses ZK proofs, the whole thing happens privately from the phone.

[Cycles @cyclesmoney]

https://t.co/GSOTY1mmMA

[Cosmos Hub ⚛️ @cosmoshub]

Welcome home @hydromarkets!

Hydro is coming to the Cosmos Hub! The migration is underway, and will be completed throughout the months of June and July.

More details 👇

[Hydro @hydromarkets]

https://t.co/qYdwVF1kUM

[Cycles @cyclesmoney]

Cycles Pay is the first app that lets users send invoices and get paid in stablecoins privately.

[Hydro @hydromarkets]

Congrats @cyclesmoney ! Hydro is now fully integrated into their awesome private payments app and all individual & business users have access to saving accounts powered by Hydro. As they continue building the clearing infra, we'll ensure the funds remain productive

[Thyborg @Thyborg_]

When we started working with the Cycles team, I thought it was going to take years to build a useful product (clearing requires big time network effects)

Turns out, 3 months later, they've shipped the first private business app (with saving accounts, powered by @hydromarkets's magic)

[Cycles @cyclesmoney]

We’ve raised $8.7M to bring clearing to the masses. Our new round was led by Blockchange to work on the most powerful idea in finance.

It’s not just about moving money faster & cheaper; it’s about moving less while doing more.

[Ethan Buchman (🐝,🦇) @buchmanster]

I’ve made it my mission to make clearing accessible to all. Cycles is motivated by the realization (after years of study of the history and nature of monetary systems) that clearing is a great super power from which everyone is systematically excluded. I plan to change that, and this fundraising is the first major step.

For years I’ve been frustrated by the state of thinking about money in our industry, and beyond. Austrian economics is not a sufficient basis on which to build the next generation of money. Neither is MMT, or virtually any other monetary theory. What’s missing is a vision of money firmly rooted in the network of balance sheets that constitute the economy. The graph of obligations that makes the world go round. Respect the Graph.

It’s no secret that the current monetary order is incoherent, that the Bretton Woods agreement was fundamentally flawed, and that something new must lie on the horizon. But what? We need only turn back to the Bretton Woods conference itself, to the other proposal on the table, to build a multilateral clearing union to balance the international trade graph grounded in a new unit of account, the bancor.

Cycles mission is to go bottom up where the bancor failed to go top down. Clearing is about doing more with less, about reducing how much money is actually needed to make settlements, about unlocking hidden sources of liquidity and opening new opportunities for growth. That honours the network of obligations in the world. And most importantly, that Respects the Graph!

I’m pumped to be building Cycles with a great team and backed by great investors. We’ve got a long road ahead to bring clearing to everyone and reformulate the global monetary order. Stay tuned

[Cycles @cyclesmoney]

We’ve raised $8.7M to bring clearing to the masses. Our new round was led by Blockchange to work on the most powerful idea in finance.

It’s not just about moving money faster & cheaper; it’s about moving less while doing more.

[Ethan Buchman (🐝,🦇) @buchmanster]

We've been eating our own dog food with @cyclesmoney! And it's actually been pretty delicious so far.

You too can join our private business beta now, just DM us here or on tg

[Thyborg @Thyborg_]

Hey Mag, I've answered the comment left by this mysterious new cosmoslabs account. It would be good to know your own personal opinion on what we should do next. In the meantime, we do not wish to proceed with the proposal and we'll ask people to vote no or abstain on the prop https://t.co/y1mbhE4ddI

[Thyborg @Thyborg_]

@bittybitbit86 USDC should have been issued on the Hub and we should have deprioritize ICS to make it happen, but I don't think that would have solved all of our problems without a unified Hub & ICF leadership

[Thyborg @Thyborg_]

@RoboMcGobo that sounds great. e.g arc is going to be permissionless and will be looking to bring in third-party developers. if CL can help them tap into a pool of builders, I think it's a big value-add

[Thyborg @Thyborg_]

@shan3v You can be really proud of what you've done with Stargaze. Congrats & looking forward to see what you do next!