Celebrating 2 years of Troves, Saylor style...
With Troves 2.0 it's time we re-invent the wheel of stacking up BTC
Introducing YOLO vault
Here is everything you need to know π§΅
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@trovesfi
Troves builds DeFi Strategies on @Starknet. Automates yield that do the heavy lifting for you! π Best place for BTC yield βΏ βΏ βΏ
Starknet @StarknetWe are actively considering becoming an L1. This would enable Starknet to become the first fully quantum-resistant network, with 2027 as our target.
Troves (BTCFi π) πΊπ @trovesfiit's out. WBTC Boosted is live βΏ one deposit, full loop running underneath: β your WBTC gets posted as collateral on @vesuxyz β the vault borrows STRK against it β swaps that STRK to xSTRK on @avnu_fi β stacks the xSTRK in the Hyper-xSTRK vault, where it compounds So you're earning staking yield on borrowed STRK while your WBTC keeps backing the position. That spread is the boost. ~6.86% APY at launch, and it rebalances itself so you never touch the loop. The guardrails: β curated by @unwraplabs , audited β target health factor 1.40, room before anything gets close to liquidation β redemptions clear in 1-2 hours your WBTC was never meant for cold storage. Deposit and Earn with @trovesfi check here ->
Troves (BTCFi π) πΊπ @trovesfiit's out. WBTC Boosted is live βΏ one deposit, full loop running underneath: β your WBTC gets posted as collateral on @vesuxyz β the vault borrows STRK against it β swaps that STRK to xSTRK on @avnu_fi β stacks the xSTRK in the Hyper-xSTRK vault, where it compounds So you're earning staking yield on borrowed STRK while your WBTC keeps backing the position. That spread is the boost. ~6.86% APY at launch, and it rebalances itself so you never touch the loop. The guardrails: β curated by @unwraplabs , audited β target health factor 1.40, room before anything gets close to liquidation β redemptions clear in 1-2 hours your WBTC was never meant for cold storage. Deposit and Earn with @trovesfi check here ->
Akira πΊπ @akiraonstarknet
Troves (BTCFi π) πΊπ @trovesfistablecoin yield is a function of borrow demand. On @Starknet, native stablecoin borrow demand is still thin, so base lending APY sits well under what the chain's staking layer pays. that is the gap: deep stablecoin liquidity, shallow native yield to put it to work. closing that gap is what we build for: pulling more stablecoin liquidity off the sidelines and into productive Starknet DeFi. USDC boosted is the next vault doing it. Live at 7.7% APY. the mechanism decouples your stablecoin yield from stablecoin borrow demand and ties it to STRK staking instead: - USDC supplied as collateral on @vesuxyz - STRK borrowed against it - Swapped to xSTRK via @avnu_fi - Deposited into the Hyper-xSTRK vault your return is the spread between xSTRK staking yield and the STRK borrow rate, levered against the USDC collateral, on top of the base supply rate. The borrowed leg is close to STRK-delta-neutral: the STRK debt and the xSTRK position move together with price, and the staking drift between them is the yield put your stables on the right side of the spread check here -
Nadai @Nadai02010πΎ Just completed the "Bronze Depositor" quest on farming with @endurfi + @trovesfi ! π₯ Achievement Unlocked π° Earned 133 SATS rewards Start farming and earning on Starknet with @just_brove_it! π
Troves (BTCFi π) πΊπ @trovesfiit's out. WBTC Boosted is live βΏ one deposit, full loop running underneath: β your WBTC gets posted as collateral on @vesuxyz β the vault borrows STRK against it β swaps that STRK to xSTRK on @avnu_fi β stacks the xSTRK in the Hyper-xSTRK vault, where it compounds So you're earning staking yield on borrowed STRK while your WBTC keeps backing the position. That spread is the boost. ~6.86% APY at launch, and it rebalances itself so you never touch the loop. The guardrails: β curated by @unwraplabs , audited β target health factor 1.40, room before anything gets close to liquidation β redemptions clear in 1-2 hours your WBTC was never meant for cold storage. Deposit and Earn with @trovesfi check here ->