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πŸ“’Final phase of our ibBTC guarded launch is now live.πŸ“’

In the final phase of our Interest Bearing Bitcoin (ibBTC) guarded launch:

πŸ“ŒEveryone Qualifies to mint
πŸ“ŒCap is raised to $ 21 Million ( an additional 325 BTC added)
πŸ“ŒA 10 BTC individual cap applies
πŸ“Œ An additional 320k DFD in incentives for this phase

πŸ“²Mint - https://app.badger.finance/ibBTC

🍣Provide liquidity on @SushiSwap https://app.sushi.com/add/0xc4E15973E6fF2A35cC804c2CF9D2a1b817a8b40F/0x2260FAC5E5542a773Aa44fBCfeDf7C193bc2C599

⭐️ Important Info ⭐️

Retweet: hhttps://twitter.com/defidollar/status/1395431740961787906?s=20
DefiDollar Annoucements: @defidollarofficial
πŸ“’ Community Education Series #1 πŸ“’

DefiDollar's TVL increased from 18 to 32mn till now in May. This coupled with 3 Cex listings and more coming up. We are just getting started🦾✨

DefiDollar has a dual token design:

- The stablecoin index, pegged to $1 - $DUSD
- The governance token, DefiDollar DAO - $DFD

DUSD is a stablecoin index optimized for peg safety, providing further utility through ancillary products built around it such as the savings account.
Savings on BSC – https://bsc.app.dusd.finance/savings/
Savings on Ethereum – https://app.dusd.findance/

DFD governs DefiDollar & is instrumental in making critical protocol decisions. DFD is available on Ethereum and BSC, and can also be bought on AscendEX, BKEX, MXC, Bibox.
The DFD buyback vault buys DFD from open markets using protocol income. Deposit in the impermanent loss free DFD buyback vault: https://app.dusd.finance/staking/

⭐️ Important Links ⭐️

Retweet: https://twitter.com/defidollar/status/1397560081307242501?s=20
🐦 Twitter
πŸ’¬ Discord
πŸ“’ ibBTC is LIVE with no cap restrictions πŸ“’

We are bringing Bitcoin to DeFi with interest bearing Bitcoin - ibBTC!

ibBTC has successfully completed the guarded launch spanning over 3 weeks and now will be live without restrictions on Ethereum!

➑️ No per wallet limit
➑️ All addresses qualify

Mint ibBTC: https://bit.ly/3bYmf5r

What can you do with ibBTC currently?

One can provide liquidity on Sushiswap to the ibBTC/WBTC pair & deposit the LP token to Badger vaults for rewards.

Provide liquidity on Sushiswap: http://bit.ly/3fNMgFr

Stay tuned as we work together with BadgerDAO to bring more utility to ibBTC on ETH & across other chains!

⭐️ Important Links ⭐️

Retweet: https://twitter.com/defidollar/status/1397969881858035716?s=20
🐦 Twitter
πŸ’¬ Discord
🚨Proposal to whitelist ibBTC on Cream Finance

Joint proposal with BadgerDAO to whitelist ibBTC (interest bearing Bitcoin) as collateral on Cream Finance βšͺβœ…
Share feedback and support the proposal here: https://forum.cream.finance/t/proposal-whitelist-ibbtc-as-a-collateral-asset/1680

This is a step to integrate ibBTC natively into DeFi and especially lending platforms to enable more utility for ibBTC hodlers.

⭐️ Important Links ⭐️
Retweet: https://twitter.com/defidollar/status/1398344606329171969?s=20
🐦 Twitter
πŸ’¬ Discord
πŸ“’ DefiDollar Community Education Series #2πŸ“’

As DefiDollar makes it transition to a multi-chain Defi Protocol lab we wish to share a simple primer for our community to better understand the product portfolio of the protocol.

Below are the products being developed:
1. ibBTC - Interest bearing Bitcoin
2. DUSD - Meta Stablecoin
3. Opeth - Option Powered Synthetics

- ibBTC is interest bearing BTC enabling users to earn interest while holding tokenised BTC on Ethereum.
Read more: https://bit.ly/2RPuJEY
Mint here: https://bit.ly/3bYmf5r

- DUSD is a metastablecoin that provides diversification and protection against volatility.

- Opeth is a synthetic asset fusing put options with underlying collateral. Aimed at improving capital efficiency of on chain lending by making collateral smart with a defined price floor.
Read more: https://bit.ly/3bYvKBD

⭐️ Important Links ⭐️
Retweet: https://twitter.com/defidollar/status/1398652460768534528?s=20
🐦 Twitter
πŸ’¬ Discord
🚨 Liquidity Mining Update - June🚨

As we evolve as a protocol the incentives for Liquidity Mining need to keep up with the changing needs of the protocol and ecosystem.

ibBTC has been opened to all and has garnered a TVL of $26 million (734 BTC). IbBTC constitutes a major chunk of the LM incentives for June.

June Liquidity Mining Allocations can be found here: https://forum.dusd.finance/t/liquidity-mining-update-june/52
πŸ“’ ibBTC Utility Update - Ruler Protocol accepts ibBTC as collateralπŸ“’

Our vision is to have ibBTC tightly integrated within DeFi, providing a range of options for ibBTC hodlers to put their assets to work.

In a step in that direction - IbBTC can now be added as collateral on Ruler Protocol to borrow stablecoins - DAI/USDT/USDC.

Read More: https://badgerdao.medium.com/ibbtc-and-bbadger-now-accepted-as-collateral-on-ruler-protocol-e3c2a5927124

⭐️ Important Links ⭐️
Retweet: https://twitter.com/defidollar/status/1399966975573389318?s=20
🐦 Twitter
πŸ’¬ Discord
πŸ“’ ibBTC gets more covered in The Defiant by Defi DadπŸ“’

In this week's Defiant Degens a treat awaits Bitcoin Hodlers as DeFi_Dad shows you how to earn 19-43% (current) on your $BTC using $ibBTC

Read More: https://thedefiant.io/defiant-degens-how-to-earn-yield-on-your-btc-via-defidollar-and-badger-finance/

⭐️ Important Links ⭐️
Retweet: https://twitter.com/defidollar/status/1400348989027807235?s=20
🐦 Twitter
πŸ’¬ Discord
πŸ“’ Opeth is Live - Smart collateral for DeFi powered by Options! πŸ“’

Opeth is a synthetic asset made by fusing together the underlying and a put option.

With Opeth minting now live, this is the first step towards enabling liquidation free and capital efficient loans powered by on-chain Options.
Opeth is currently powered by Opyn Protcol and is available for the following assets:
- WETH
- WBTC

Read More: https://medium.com/defidollar/opeth-finance-is-live-8bf0e1a5b33b

App: https://opeth.finance/

⭐️ Important Links ⭐️
Retweet: https://twitter.com/OpethFinance/status/1401928433798549506?s=20
🐦 Twitter
πŸ’¬ Discord
🚨DefiDollar DAO Governance Alert🚨

Proposal to revise ibBTC fee is now Live!!πŸ—³οΈ

We are calling for a vote to lower the Mint & Redeem fee which will enable easier discovery for ibBTC.

With ibBTC crossing $46 Million in TVL, we gear up for the $100 Million Milestone. 🏁

Vote Below: πŸ‘‡

πŸ”· https://snapshot.org/#/defidolla.eth/proposal/QmUvNFRuM1wVybmM8reeA6igFWJai1VFUgoirAVAH1E9zw

⭐️ Important Info ⭐️

πŸ“…Vote Concludes: Thursday, July 17th,2021 -11:00 PM IST

Retweet: https://twitter.com/defidollar/status/1404861235502346243?s=20
DefiDollar Annoucements: @defidollarofficial
DefiDollar - Announcements
🚨DefiDollar DAO Governance Alert🚨 Proposal to revise ibBTC fee is now Live!!πŸ—³οΈ We are calling for a vote to lower the Mint & Redeem fee which will enable easier discovery for ibBTC. With ibBTC crossing $46 Million in TVL, we gear up for the $100 Million…
🚨DefiDollar DAO Governance Alert🚨

The above proposal has been passed by both the DefiDollar and Badger DAO. It is great to see both the communities rally together to bring about governance efforts.

ibBTC fees have now been lowered:

πŸ”Ή Mint from 0.5% > 0.2%
πŸ”Ή Redeem 0.5% > 0.1%
🚨DefiDollar Dons - DefiDollar's Ambassador Program 🚨

Calling the Mafia! We are assembling the Dons to disrupt the space together🦾🦾

The ambassador program - DefiDollar Dons, will be a community driven initiative for increasing awareness about DeFi and wider adoption of DefiDollarπŸ™Œ

This program is intended to give back to the most dedicated of our members simultaneously driving engagement and adoption. It's an opportunity work with the DefiDollar core team and also get exposure to other key participants in the broader crypto space.

The ambassador reward pool totals upto $2000 per month in rewards!πŸ†

The applications are now open and over the next couple of weeks, the most passionate members from the community will be chosen as Dons from these applicationsβš–οΈ

Come join the Mafia, be a DefiDollar Don!

Apply here : https://bit.ly/3vIVIzP

πŸ“œRead More: https://medium.com/defidollar/the-defidollar-ambassador-program-fded0e361b19
🐦Retweet: https://twitter.com/defidollar/status/1407369598526058496?s=20
πŸ“’ibBTC is now on @0xPolygon! πŸ“’

DefiDollar is proud to announce the launch of interest-bearing Bitcoin DeFi solutions to the Polygon network.
This will accelerate adoption of #Bitcoin in DeFi by leveraging low gas fees and faster transactions.

ibBTC aims to have a multi-chain presence and be the de-facto interest bearing Bitcoin token representation.

You can now bridge ibBTC to Polygon from Ethereum and provide liquidity to the ibbTC/WBTC pool on SushiSwap.

Guide: https://badgerdao.medium.com/how-to-bridge-ibbtc-to-polygon-b268b9dfd73

Read More: https://blog.polygon.technology/badgerdao-defidollar-bring-interest-bearing-bitcoin-to-the-polygon-network-deb8a46181f7

⭐️ Important Links ⭐️
Retweet: https://twitter.com/defidollar/status/1407770325450776577?s=20
🐦 Twitter
πŸ’¬ Discord
πŸ“’Join us for an AMA with the Crypto Talkz Community!πŸ“’

We delve into our latest product releases - ibBTC and Opeth. Do join in to ask questions and learn more.

πŸ“…Date: Sunday, June 25th - 4:00 PM UTC | 9:30 PM IST
🌎Venue: @Crypto_Talkzs

⭐️ Important Info ⭐️

Retweet: https://twitter.com/defidollar/status/1407993571500728324?s=20
DefiDollar Annoucements: @defidollarofficial
πŸ“’Twitter AMA with @0xPolygon later today!πŸ“’

Join the DefiDollar team as they discuss ibBTC with the Polygon Community!

πŸ“… 28th June 2021, 1:30 PM EST | 11 PM IST

Set-up reminder : https://bit.ly/Polygon-Badger-AMA

⭐️ Important Info ⭐️
Retweet: https://twitter.com/defidollar/status/1409496296633749506?s=20
DefiDollar Annoucements: @defidollarofficial
πŸ—£ The conversation continues on Twitter Spaces! πŸ—£

Join us on Twitter Spaces with @BadgerDAO & @Polygon where we discuss about the recent launch of ibBTC on Polygon & more.

Starting in 25 Minutes!

πŸ“† Tuesday, 29th June, 1 PM EST/ 10:30 PM IST

Tweet: https://twitter.com/defidollar/status/1409913037922869251?s=20
2025/09/30 00:35:55
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