@NarwhalTan

Huge congratulations to our partners at @libeara_

i guess der is no $POLY during worldcup period sed

Theo x Buidlpad

S2 is live, our flagship points season and the final one before TGE. Everything we have been building towards from day 1. Before I joined, Theo started off as delta-neutral yield vaults, which led to us realising that yields in crypto are cyclical and unsustainable. That pushed us to tap into our founders' backgrounds in TradFi (Optiver, IMC) and look for yield that was sustainable, scalable, and safe. thBILL was the building block, the minimum risk-free yield component, backed by the highest quality AAA-rated T-bills and MMFs. thUSD and sthUSD were the obvious next steps to scale and find PMF. thUSD is backed by thBILL (Tbills/ MMFs). sthUSD is a gold-backed, yield-bearing stablecoin built on a delta-neutral carry trade institutions have run at massive scale for decades. Three independent yield streams: physical gold leasing (private credit) to vetted tier-1 retailers, CME gold futures basis capture, and AAA-rated T-bill collateral yield. ~5+ APY consistently delivered and contango will always exist. None of it depends on crypto market conditions. The yield is structural, not cyclical. Yield can get better, which is why we have the vaults. We can get better yields from longer duration short-term gold leases and futures. What sets sthUSD further apart is the ability to scale. $247.7B in gold futures OI — 39x deeper than BTC. $180B in annual gold credit leasing volume. thUSD can scale past $10B TVL without compressing yield at all, all while working only with tier-1 TradFi players and gold retailers. We have had 4 independent audits from Zellic, Zenith, Pashov and real-time onchain proof of reserves. Institutional-grade credit and yield infrastructure, accessible onchain. Theo.

ah i hate money 😭 This reminds me of exactly like Palantir, bought at IPO day and j retard sold for a smol gain. 20% profit instead of ~20x is crazy. https://t.co/IWyaQBT00j