@upshift_fi@aya_kantor@iamtanya338 Upshift gives curators the infrastructure to build and manage onchain vaults.
See what’s new. https://t.co/8g9ZPkoSdA
@upshift_fi@aya_kantor@iamtanya338 Strategy parameters, risk controls, capital allocation.
The latest Upshift discussion puts those mechanics in focus. https://t.co/8g9ZPkoSdA
Institutional Vaults on Kraken, powered by Upshift.
Eligible @KrakenInsto Institutional clients can now put idle treasury assets to work in permissioned, curated onchain vaults, directly from Kraken's qualified custody, without new wallets or extra counterparties.
How have onchain vaults become the default medium for non-custodial asset management?
Fintechs, allocators and treasuries are now using vaults as programmable wrappers for generating DeFi yield.
Upshift co-founder @aya_kantor explores this with @iamtanya338 on Off the Record.
Deposit cap raised:
The EarnXRP vault cap has been increased by 10M on @FlareNetworks.
With one click, Depositors can put their XRP to work across DeFi protocols such as @Morpho, @Curvance and more.
Deposits now open in @XamanWallet.
Stellar Earn, powered by Upshift.
Fixed APYs are now live on the Gami-curated earnUSDC (10%) and earnXLM (5%) vaults.
Users can now earn yield by depositing their USDC and XLM tokens, without leaving the @StellarOrg ecosystem.
Core USDC Vault Update:
The Core USDC vault holds a position in the Upshift Gamma USDC vault that has exposure to apxUSD. The synthetic dollar issued by Apyx Finance is backed primarily by dividend-bearing preferred shares and most notably Strategy's STRC. In recent weeks, STRC has traded well below its $100 par value and thus apyUSD has depegged below its intended value.
As a result, the position has been marked down and the vault has realized a drawdown of 8%, reflected in the vault share price. Upshift Gamma USDC realized a drawdown of 12.8%. All other positions in the vaults are unaffected and performing as expected.
Vaults unlock onchain financial products for different types of companies:
Exchanges, Credit Cards, Fintechs, RWA issuers, Custodians, Payments etc.
Whether it's stablecoin Earn vaults in neobanks or credit facilities for card settlement, Upshift powers it.
Source: @stabledash interview
Vaults have primarily focused on onchain lending and RWA yield sources.
NEMO Trading is joining the Upshift ecosystem as a curator running quantitative strategies.
Never miss a yield opportunity with Upshift vaults.