sap
@saprophetik
Followers
387
Following
903
Media
9
Statuses
244
Building the Bitcoin economy. Co-Founder @ Threshold Labs, working on @tbtc_project
Joined October 2022
A new look for Threshold; the same battle-tested, industry-leading security and transparency.
The next phase for Bitcoin on Threshold Network begins today. The upgraded app and website are now live, offering a unified experience for managing and moving Bitcoin across supported markets.
0
0
1
👀👀
The next step for Bitcoin is coming soon... on Threshold Network.
0
0
2
The next step for Bitcoin is coming soon... on Threshold Network.
7
17
52
What does it take to truly bridge Bitcoin and DeFi? We spoke with @thetnetwork's @callansarre about solving the liquidity puzzle beyond token incentives, the tBTC vs. wBTC dynamic, and building a hybrid custody model for institutional trust. Watch the full interview below.
4
15
57
92% of tBTC LPs opt for token rewards from @yieldbasis. tBTC is long BitcoinFi.
Witnessing some fascinating behaviour with the majority of liquidity providers currently opting in to receive YB token emissions instead of BTC yield cBBTC seems to be the most conservative with 60% of LPs opting for YB tokens over BTC yields wBTC LPs with ~74% opting for YB
0
0
3
While tBTC filled slower, the tail end of the graph is most bullish for me. Many smaller deposits to fill the last 50 tBTC shows nice organic interest. Permissionless tBTC is for the people.
After raising pool caps to $50m all @yieldbasis markets filled up in under an hour with some very large deposits. 0x196a2A9A22C2fD8f5107e97Df9ad14A23e81982B added 112 cbBTC and WBTC, with over $31m in liquidity provided by this address alone.
2
1
11
After raising pool caps to $50m all @yieldbasis markets filled up in under an hour with some very large deposits. 0x196a2A9A22C2fD8f5107e97Df9ad14A23e81982B added 112 cbBTC and WBTC, with over $31m in liquidity provided by this address alone.
7
12
75
Love to see tBTC unifying BTC liquidity like this
Bitcoin stableswap pools are now the highest volume pools on @CurveFinance. Our research shows these pools are being used as an efficient bridge to arbitrage between BTC pairs across DeFi.
0
0
2
While most founders sell, I’ve acquired an additional >2% of the total $T supply. Here’s why I’m doubling down on the work we’re doing at @TheTNetwork 👇
40
34
135
X monetisation idea: pay per tag. ZachXBT should receive an appearance fee in your crisis.
1
0
4
Asked a question and got a hot response from the founder of the project! First, I must say @tBTC_project truly has incredible use cases and when you take your time to study it you'd understand what I mean better. Not just that but also the fact that tBTC on each new chain is
@BTCTN Here's another question for Callan! @saprophetik As tBTC continues to expand across multiple chains like Arbitrum, Sui, and Starknet, what are the key technical challenges in maintaining cross-chain security and liquidity, and how is Threshold Network addressing these to ensure
2
4
9
Thought the camera was supposed to add weight, not years. Either way, it's giving me OLD.
3
0
8
Latest DeFi innovation just dropped. Yield Basis is the most exciting new mechanic for onchain liquidity in some time, with tBTC live from Day 1.
0
0
5
I really enjoyed my conversation with @AndyPickeringNZ last night for @bravenewcoin. We talked about the future of BTCfi and onboarding the world to the Bitcoin economy. (Please ignore the ugly couch, I was dog sitting 😸)
🎙️ On the Crypto Conversation we're with @saprophetik, Co-Founder @ Threshold Labs, building @tbtc_project tBTC is the Bitcoin Standard for DeFi. Battle-tested security since 2020. Live on 9 chains. Listen! 🎧
0
1
7
Great breakdown of tBTC eco and latest Sui launch opportunities
1/ BTC derivatives form a foundational layer in any thriving ecosystem. Their expansion signals a new frontier in unlocking latent DeFi potential. @SuiNetwork remains early-stage w/ only a few key players. Now, @tBTC_project is entering the arena. Insights & opportunities👇
1
0
6
Fiat is going to make every last one of you a billionaire someday.
89
50
965