Circuit DAO 🌱
@Circuit_DAO
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CDP protocol on the Chia blockchain. Join the community on our Discord server: https://t.co/NaFaZ14cHR
decentralized
Joined July 2023
🚨 Circuit is live on testnet! Decentalized CDP protocol on Chia. Borrow and earn yield on our USD-pegged stablecoin Bytecash (BYC). https://t.co/Kb8FI8lWW4
circuitdao.com
Mint dollar-pegged stablecoins using your digital assets as collateral. Secure, audited CDP platform on Chia blockchain.
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Clicking around @Circuit_DAO on testnet, super cool stuff Beyond excited about what this team is building $xch
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By popular demand, don't bother with Discord. Just drop your XCH address in the replies 👇 🌱🌱
We are cooking, folks. 🧑🍳 Join our discord and drop your Chia address in the airdrop channel 🪂🪂🪂 👀
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3/10 @Circuit_DAO is "cooking" – and not just turkey leftovers. Join their Discord, drop your Chia address for airdrop vibes. Careful, it might rain mojos! 🧑🍳🪂
We are cooking, folks. 🧑🍳 Join our discord and drop your Chia address in the airdrop channel 🪂🪂🪂 👀
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Of course, added the most important feature to https://t.co/tV79pd87Zl: DARK MODE! Other less cool new features: - Extended front page with more info on the protocol and a fun simulator - Sage integration now supports 250 derivation addresses; this will be extended further on
circuitdao.com
Mint dollar-pegged stablecoins using your digital assets as collateral. Secure, audited CDP platform on Chia blockchain.
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We are cooking, folks. 🧑🍳 Join our discord and drop your Chia address in the airdrop channel 🪂🪂🪂 👀
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2/10: Next up, @Circuit_DAO flipped the switch on testnet! Borrow, earn yield on Bytecash (BYC), the USD-pegged stable that's more decentralized than your grandma's secret recipe. Circuit's shocking the system – zap over and test it! ⚡
circuitdao.com
Mint dollar-pegged stablecoins using your digital assets as collateral. Secure, audited CDP platform on Chia blockchain.
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4 submitted findings in less than a day! @cantinaxyz SRs living up to their reputation 🥇
Chialisp is in scope. @Circuit_DAO has launched a bug bounty in the Cantina for its CDP protocol on the Chia blockchain. Core contracts, and governance constraints are open for review. Researchers, it’s time to test BYC at the base layer.
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Calling the Chialisp/Chia community: help us hunt bugs and ship fixes for @Circuit_DAO . Start here 👇
Chialisp is in scope. @Circuit_DAO has launched a bug bounty in the Cantina for its CDP protocol on the Chia blockchain. Core contracts, and governance constraints are open for review. Researchers, it’s time to test BYC at the base layer.
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The CircuitDAO bug bounty program is now live on @cantinaxyz !
Chialisp is in scope. @Circuit_DAO has launched a bug bounty in the Cantina for its CDP protocol on the Chia blockchain. Core contracts, and governance constraints are open for review. Researchers, it’s time to test BYC at the base layer.
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Stablecoins issued by CDP protocols do exactly this. Actual DeFi without middlemen that pocket the yield for themselves. #CircuitDAO #Bytecash
There is lots of discussion how stablecoins will force banks to share yield with customers. But, today, circle + tether predominantly do not share their yield. Only if you hold the coins on a custodial exchange. We need to see stablecoins rebase onchain & give yield to their
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Have you ever heard of @aave or @MorphoLabs? Well, @Circuit_DAO is the superior equivalent for the $XCH coin. This launch is one of the most anticipated platforms awaited on by the #CHIA community. Empowering it's holders to leverage a position instead of selling their assets 💪🏾
@exchan_ge We’re aiming to launch by the end of the year. You can already try out the testnet version on
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Not all stablecoins are created equal though. CDP protocol-issued stables are nothing like CDBCs or fiat-backed stables: permissionless irreversible txs censorship-resistant
Stablecoins are just CBDCs with extra steps.
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Yield on stablecoins will be a game changer for the ecosystem. Income from actual revenue.
Blockchain functionalities in 10 years $BTC: Buy, Sell, Hold. $XCH: Auto-balancer self managed portfolio, vault, cloud wallet, 24/7 global P2P transaction, AC/DC @permutocapital, clawbacks, offer file atomic swaps on all assets, options trading, every phone is a chia node,
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Could we be getting yield and a native stablecoin soon..? 👀🤫
can someone tell me what Chia projects are shipping soon? Tell me its state channels
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7/7 @Circuit_DAO wraps their audit comp with big wins for @yakuh1t0 & crew. Bugs bountied, security tightened – Circuit's shocking the competition! ⚡🏆 Results via quote:
Results for our 4-week audit competition are in. Congratulations to all SRs that submitted valid findings! Our bug bounty program will start shortly, also on @cantinaxyz
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Happy to contribute to securing @Circuit_DAO 🛡️ Grateful for the opportunity to dive deep, learn a ton—including a new language (Chialisp) and Chia Blockchain. Huge thanks to @cantinaxyz and @Circuit_DAO for the experience. Onward 🚀
The $100,000 @Circuit_DAO competition results are in. Researchers tackled the Chialisp components with precision. Top-ranked: 🥇 @yakuh1t0: $42,423.16 🥈 @muellerberndt: $20,095.98 🥉 @PerseveranceSu5: $9,001.30 Thank you to everyone that participated. Full leaderboard below.
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