A first in DeFi: Bitcoin can now earn staking yield without ever becoming public.
Until today, earning yield on shielded assets meant giving up the privacy to do it. Your funds had to leave the privacy pool, pass through a public wallet, and enter the protocol in the open.
When you unstake, you're not on one fixed timer. You're in a queue that resolves one of two ways.
If new deposits are coming in when you request a withdrawal, we net your redemption against that incoming flow. No unbonding wait, typically 1-2 days to settle. This is the common
Effective borrow APY on the xSTRK/STRK Re7 pool is -5.26%. STRK debt against xSTRK collateral, $50.95M drawn against a $60M cap.
Vesu's interest rate curves rise with utilization. At $50.95M of $60M, the curve alone should be pricing a positive rate, a real cost paid by the
Your xSTRK gets a different max LTV on @vesuxyz depending on what you borrow against it. 87% for STRK, 68% for USDC, 65% for USDT.
Borrow STRK and the only variable in your health factor is the xSTRK exchange rate, which only moves up as rewards accrue. Collateral and debt share
Borrow rate on the largest @vesuxyz pool carrying xSTRK collateral is currently -5.36%. Not near zero, negative. Borrowing STRK against xSTRK pays the borrower, on top of xSTRK compounding at 6.55% underneath. $53.12M of the $60M cap is already borrowed against.
Same structure
