Sources:
Saturn has crossed $100M in TVL within 20 days, a fast start for a new Ethereum-based DeFi app packaging Strategy’s $STRC yield product into an onchain stablecoin system.
Matador Technologies has partnered with Galaxy Digital to launch a Bitcoin yield generation program, utilizing options strategies to enhance returns on an initial allocation of 20 BTC without liquidating their long-term holdings. This move marks a shift from a passive holding approach to an active yield-producing strategy aimed at boosting shareholder value.
RedStone has developed a first-of-its-kind real-time Proof of Reserves oracle for Lombard's LBTC, a yield-bearing Bitcoin liquid staking token that is fully backed by Bitcoin locked in Babylon. This oracle enables continuous verification of reserves, allowing DeFi protocols to safely utilize LBTC as collateral without trust-based assumptions, significantly enhancing transparency and security in Bitcoin DeFi markets.