AutonomintdCDS: The 'Maker DAO' of the Derivatives space
It’s been some time since Defi saw some real innovation. Uptil now we have seen these Defi applications - Money Markets, AMMs, Collateralized Debt Position (CDP) style stablecoins, rebasing tokens, Principal tokens and Yield tokens, bonding, restaking, Perpetuals and some few others. All of above mechanisms are core innovations because these are sustainable business models formed without much reliance on any external entity. Some reliance of external parties is needed as every one of these sy...
AutonomintA new stablecoin design with 20% yields per month
A new stablecoin design is out and this one is thought from first principals and have some fundamental implications for Finance. We have seen Ethena stablecoin design and how they have utilised Perps to deliver high yields to stablecoin holders. Now, Autonomint has released a new stablecoin design using a new lego, dCDS to deliver high stablecoin yields to users. How are the results? Ethena Last 30 day yields - 0.375% Autonomint Last 30 day yields - 20% These yields are real yields. No token....
Re-defining low-risk leverage in Defi with a Delta neutral 'Colored' dollar
AutonomintdCDS: The 'Maker DAO' of the Derivatives space
It’s been some time since Defi saw some real innovation. Uptil now we have seen these Defi applications - Money Markets, AMMs, Collateralized Debt Position (CDP) style stablecoins, rebasing tokens, Principal tokens and Yield tokens, bonding, restaking, Perpetuals and some few others. All of above mechanisms are core innovations because these are sustainable business models formed without much reliance on any external entity. Some reliance of external parties is needed as every one of these sy...
AutonomintA new stablecoin design with 20% yields per month
A new stablecoin design is out and this one is thought from first principals and have some fundamental implications for Finance. We have seen Ethena stablecoin design and how they have utilised Perps to deliver high yields to stablecoin holders. Now, Autonomint has released a new stablecoin design using a new lego, dCDS to deliver high stablecoin yields to users. How are the results? Ethena Last 30 day yields - 0.375% Autonomint Last 30 day yields - 20% These yields are real yields. No token....
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Re-defining low-risk leverage in Defi with a Delta neutral 'Colored' dollar
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The next big thing in DeFi is the rehypothecation of security, where validators who provide stakes to secure blockchain consensus can also use the same capital to secure other services and earn yields. Babylon Chain is pioneering this concept for Bitcoin through their Bitcoin staking protocol, thereby helping secure PoS blockchains and other actively validated services. They have recently raised $70 mln in funding to fully realize this vision.
About BQ Labs
BitQuid Labs is one of the first innovators in this space, working towards creating a Liquid Staking Derivative for Bitcoin called qBTC, leveraging Babylon’s infrastructure. They have developed a Strategy Manager allowing them to select validators for staking Bitcoin on behalf of users. The minted qBTC will be easily tradable on the Ethereum chain, similar to any other ETH Liquid Staking Token (LST). For the first time, users will earn steady yields on qBTC, as the locked Bitcoin will secure various actively validated services like Oracle networks or PoS chains, earning incentives.
About Autonomint
At Autonomint, we are creating a solution to pass low-risk, internet-native yields generated by PoS chains like Ethereum and L2 chains back to users in a stable “Colored Dollar” called USDa. Users can deposit any collateral or LST and mint USDa at 100% synthetic Loan to Value. We use derivatives to hedge the volatility of the assets and provide users with the option to buy derivatives for downside protection in volatile markets. Through our unique leverage mechanism, called decentralized credit default swaps, users can take 5X to 10X leverage and earn high derivative fees, reaching up to 200%.
Partnership areas
Autonomint is integrated with LayerZero, making our solution interoperable across multiple chains. Our partnership with BitQuid Labs will allow users to borrow USDa against qBTC & keep on earning staking yields from Bitcoin while simultaneously using the borrowed USDa for other market opportunities. With the rise of staking derivatives and re-staking mechanics facilitated by Babylon Chain and BitQuid Labs for Bitcoin, we now have the basic infrastructure ready to support a yield-bearing stablecoin use case for Bitcoin in a low-risk environment.
Together, Autonomint and BitQuid Labs will support liquidity for both USDa & qBTC & explore synergies across strategic offerings, marketing & product innovation.
Join Us
Autonomint is actively onboarding users, partners, and liquidity providers, offering priority access to our beta launch. Early users will be shared exclusive invite codes to earn boosted incentives from Autonomint & our partners.
If you're keen on taking up the role of initial Liquidity Provider in our dCDS and concentrated Liquidity pools, don't hesitate to reach out.
We're also accepting applications for contributor roles, spanning community, content, quantitative analysis, code audit, and simulation-related positions.
Our Testnet is live: Join
Additional Information:
Website - https://www.autonomint.com/
Twitter - https://twitter.com/autonomint
Discord - https://discord.gg/4QFaUTwjkU
The next big thing in DeFi is the rehypothecation of security, where validators who provide stakes to secure blockchain consensus can also use the same capital to secure other services and earn yields. Babylon Chain is pioneering this concept for Bitcoin through their Bitcoin staking protocol, thereby helping secure PoS blockchains and other actively validated services. They have recently raised $70 mln in funding to fully realize this vision.
About BQ Labs
BitQuid Labs is one of the first innovators in this space, working towards creating a Liquid Staking Derivative for Bitcoin called qBTC, leveraging Babylon’s infrastructure. They have developed a Strategy Manager allowing them to select validators for staking Bitcoin on behalf of users. The minted qBTC will be easily tradable on the Ethereum chain, similar to any other ETH Liquid Staking Token (LST). For the first time, users will earn steady yields on qBTC, as the locked Bitcoin will secure various actively validated services like Oracle networks or PoS chains, earning incentives.
About Autonomint
At Autonomint, we are creating a solution to pass low-risk, internet-native yields generated by PoS chains like Ethereum and L2 chains back to users in a stable “Colored Dollar” called USDa. Users can deposit any collateral or LST and mint USDa at 100% synthetic Loan to Value. We use derivatives to hedge the volatility of the assets and provide users with the option to buy derivatives for downside protection in volatile markets. Through our unique leverage mechanism, called decentralized credit default swaps, users can take 5X to 10X leverage and earn high derivative fees, reaching up to 200%.
Partnership areas
Autonomint is integrated with LayerZero, making our solution interoperable across multiple chains. Our partnership with BitQuid Labs will allow users to borrow USDa against qBTC & keep on earning staking yields from Bitcoin while simultaneously using the borrowed USDa for other market opportunities. With the rise of staking derivatives and re-staking mechanics facilitated by Babylon Chain and BitQuid Labs for Bitcoin, we now have the basic infrastructure ready to support a yield-bearing stablecoin use case for Bitcoin in a low-risk environment.
Together, Autonomint and BitQuid Labs will support liquidity for both USDa & qBTC & explore synergies across strategic offerings, marketing & product innovation.
Join Us
Autonomint is actively onboarding users, partners, and liquidity providers, offering priority access to our beta launch. Early users will be shared exclusive invite codes to earn boosted incentives from Autonomint & our partners.
If you're keen on taking up the role of initial Liquidity Provider in our dCDS and concentrated Liquidity pools, don't hesitate to reach out.
We're also accepting applications for contributor roles, spanning community, content, quantitative analysis, code audit, and simulation-related positions.
Our Testnet is live: Join
Additional Information:
Website - https://www.autonomint.com/
Twitter - https://twitter.com/autonomint
Discord - https://discord.gg/4QFaUTwjkU
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