Oyl | Building Alkanes
@oylwallet
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Alkanes upgrades and maintenance are now led by @SUBFROSTio. Experience true programmability, utility and flow on Bitcoin L1 today.
mempool
Joined March 2023
Swap Native BTC to Alkanes on Oyl AMM Powered by @SUBFROSTio $frBTC LIVE now: Subfrost enables seamless one-click swaps and liquidity provision using native BTC only on https://t.co/aunaI32Na8 Remember: Every tx on the Oyl app mints $Diesel
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SUBFROST’s statement relating to the reported departure of Magic Eden.
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Thank you to everyone for being apart of the Journey. Alkanes is eternal ⛽️
1/ To Alkanes - this is a new chapter. There is no easy way for me to share this - Oyl Corp will be winding down active operations. We gave everything to build the first programmable metaprotocol on Bitcoin. Alkanes is live, immutable, and running on L1 forever. It will long
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Thank you @taggaOyl and the @oylwallet team for proving that DeFi is possible right on Bitcoin L1 🛢️ We're at the earliest stages of BitcoinFi and our team is committed to proving that Alkanes has limitless capabilities in these many stages to come ❄️ It's all up from here 🛫
1/ To Alkanes - this is a new chapter. There is no easy way for me to share this - Oyl Corp will be winding down active operations. We gave everything to build the first programmable metaprotocol on Bitcoin. Alkanes is live, immutable, and running on L1 forever. It will long
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Everything will be explained once this massive migration is complete 🔥 We appreciate everyone for their patience.
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📢 Please avoid transacting on PBST/Orderbook-style marketplaces until the Alkanes indexer upgrade to v2.1.7 is completed. This is expected to be within 4 days. Trading in the meantime could result in purchasing assets that do not exist.
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⚠️ We have identified some indexing inconsistencies on Idclub and have reached out to their team. We advise exercising caution trading on their platform until the issue has been fully resolved.
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Rebar is building an entire data suite for Alkanes and metaprotocols. Check it out below
Rebar Data shows full views of Alkanes smart contracts Inspect the programmability in a sleek user interface for $DIESEL and the rest of Alkanes tokens
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Swaps just got smoother. Starting now, enjoy 0 frontend fees and real-time pending swaps in your activity feed. Live now on https://t.co/aunaI32fkA 🌐
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launchpad coming to alkanes @mork1e liquidity, if graduated, flows to @oylwallet AMM
I GENUINELY think Ive hit the holy grail for what a launchpad on L1 Bitcoin SHOULD look like.. It has what I believe to be the MOST important (and hardest to get right) components for any launchpad on Bitcoin to succeed longterm, which are: - Zero custody - Gas-less mints
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Alkanes are coming to the Titan Indexer! The Titan indexer is now actively being contributed to by all corners of the Bitcoin ecosystem. Token standard fragmentation may soon be a distant memory. Let @judoflexchop cook!
Integrating alkanes runtime into Titan indexer to bring frBTC and Alkanes to the @saturn_btc DEX. Yes, swapping a frBTC ↔️ DOG pool will finally be possible. One step closer to frBTC on @ArchNtwrk 🏛️ ...
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Iterating on oracle feeds via SUBFROST deployments -- With OP_RETURN limits removed, Alkanes is now a maximally powerful tool to build applications on the Bitcoin protocol. Many thanks for that. Supporting efforts for conditional markets, yield vaults, and CDP stables.
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For those running Alkanes, please upgrade to metashrew v9.0.1-alpha.3 and alkanes-rs v2.1.5 This version of metashrew includes a stored stateroot that can be used to verify consensus between nodes If you have had any issues with swaps being reverted, please try again
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gm #Alkanes AMM contracts have been open sourced: https://t.co/gQ1HtNflgf have fun building
github.com
Contribute to Oyl-Wallet/oyl-amm development by creating an account on GitHub.
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In support of open source principles, we've released the @oylwallet AMM contracts under an MIT license. Over the past month, a collaborative multi-team effort has focused on developing tools and infrastructure to enable a fully abstracted, decentralized Bitcoin application
gm #Alkanes AMM contracts have been open sourced: https://t.co/gQ1HtNflgf have fun building
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We’ve integrated frBTC into Sats Terminal Swaps! In support of our partners @oylwallet and the broader Alkanes ecosystem, users can now trade @SUBFROSTio 's wrapped Bitcoin ($frBTC) directly on Sats Terminal. @Subfrost recently launched frBTC wrapping through integrations with
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important AMM updates from our CTO @kevin_alkanes: LP fee increase for liquidity providers Variable fees for certain pools
Sharing some updates to the @oylwallet AMM After discussion with partners and liquidity providers, we have increased the fees that LPs earn from 0.3% to 0.8%. The protocol fee will remain at 0.2%. This brings the total fee from 0.5% to 1% on each swap. Effectively, people who
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✅ Direct swap: BTC -> Token ✅ Direct swap: Token -> BTC BTC now starts and ends in Segwit, while tokens are always held in Taproot. frBTC enables seamless swaps on the @oylwallet Alkanes AMM, with one user signature. No EVM wallet required. Just a Bitcoin wallet.
Hey @thatwagmigirl + Alkanes fam, @kevin_alkanes secretly improved the frBTC➡️BTC unwrap and didn't tell anyone. Now BTC lands in your Segwit instead of Taproot.
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$diesel = a synthetic call option on bitcoin defi. we built alkanes + Oyl AMM. Earn diesel for every swap. if you believe bitcoin gets real liquidity, stables, lending—this is literally the bet. And you can buy it today. we aren’t even marketing it yet. it’s the fuel.
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Metaprotocols and rollups are the same style of protocol. With a synthetic BTC asset now being available on @oylwallet's Alkanes protocol, bitcoin potentially has a new based-sequenced rollup leveraging a wrapped bitcoin asset. This is relevant in bitcoin MEV discourse.
frBTC is LIVE on Alkanes! ❄️ Trust-minimized, 1:1 wrapped BTC, enabling seamless BTC use in DeFi apps on Bitcoin L1. The foundation for amazing UX in Bitcoin DeFi is now here. Thank you to every builder, past and present, who made this possible. Learn more: SUBFROST dot io 🩵
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