
roots π·
@rootsfi
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Built for What Comes Next. Account administered by @NemotoCorp
EVM
Joined March 2024
Made a little Roots Dune Board for those who are interested. https://t.co/lNgIzdOMl2
dune.com
Dune is the all-in-one crypto data platform β query with SQL, stream data via APIs & DataShare, and publish interactive dashboards across 100+ blockchains.
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so you can earn ~55% apy on your stables, thanks to @rootsfi and with beracana's auto-compounding and 7x leverage, it goes to ~2000%? on stables? check for yourself: https://t.co/XE85EbkEz7
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Kindly start winding down your positions in WBTC-WBERA, WETH-WBERA and WBERA-HONEY on Roots. We will be sunsetting those assets shortly. 3 new assets will be listed this week.
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Thursday, 12 midnight UTC the new epoch for staked MEAD begins. Fixes for V1 and a new component on the legacy app for redemptions will be tomorrow. With current staked MEAD, APR is expected to be 150%. More soon.
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Roots will continue incentivizing the MEAD Staking Pool starting next week when the new epoch begins. Details? Check it out in our Discord under announcements.
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Weβre excited to share that all rBGT contracts are now live on Berachain mainnet. To strengthen long-term sustainability, weβve chosen to boost the @InfraredFinance validator operated by @Rockaway_X, securing consistent yield for the Roots treasury. While this marks an
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One man army building the Roots App vs. billionaire-backed Stablechain building Plasma One. @berachain vs. @PlasmaFDN I love the competition, let the people decide who wins their hearts.
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Roots has concluded their 4th Audit by @sherlockdefi for the utilization of rBGT and the redemption for the underlying. Shortly after deployment, at current rates, roots will be earning low 5 figures for their treasury in order to not only support the network, but establish one
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In the past few weeks, there have been serious developments and changes in the core team and product of roots. Starting today, roots is being led by only one individual with the support of interns to handle communication and community management. We will continue being as
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$rUSD, $MEAD & $BYUSD are live on Burveβs USD Omni Pool! More stable routes, more volume, more yield. Burve keeps expanding thanks to @reservoir_xyz & @rootsfi
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There is currently an ongoing attack via npm packages that include malicious code which silently intercepts crypto and web3 activity in the browser, manipulates wallet interactions, and rewrites payment destinations so that funds and approvals are redirected to
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When? In Q4 we will not only tap into the savings market but also introduce low-cost offramping and challenge expensive money transfer services. A stablecoin will power cross-border payments that are easy, cheap, and completed within seconds on @berachain. All in one app Roots
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Roots is becoming a consumer app that redefines savings accounts. Instead of sitting idle, savings stay active and earn higher yield. The goal is to move deposits away from banks and make Roots the go-to platform where capital efficiency meets high returns.
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Your savings keep working even as you spend. With zero percent interest there is no fixed repayment schedule, you decide when to repay. If you spend everything, your collateral continues to generate yield. When you need the collateral back, you simply repay at your own pace.
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This system gives users the ability to send money at minimal cost while also continuing to earn yield on funds that have already been spent. It ensures that you remain liquid, and your capital keeps working for you, which is especially important in uncertain times.
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