.
@SweeprFi
is building on
@BNBchain
to:
- Save and swap on
@PancakeSwap
- Invisibly boost yield for swappers and LPs
- Bring funding for
#DeFi
We love the active community, low cost, and fast finality. Thanks
#BNB
!
Save, bridge and swap with $SWEEP at
.
@SweeprFi
uses
@base
to
- Save and swap with one coin on
@balancer
and soon
@aerodromefi
- Bring funding for top quality pools and assets
- And enhance the Sweep stack with accessibility and stable fees
Save, bridge and swap with $SWEEP at
.
@SweeprFi
deployed to
@avax
!
- Swapping on
@Balancer
and
@TraderJoe_xyz
- Improved economics for LPs
- Funding for
#DeFi
and
#RWAs
Finality & bridging is FAST on Avalanche. It’s our hub for working capital. Thanks Avalanche!
Save, swap and bridge at
This market survey of on-chain cash management demand from
@avax
&
@talkintokens
is PACKED with feedback from
🔸treasuries,
🔸funds,
🔸family offices.
Here:
🧵 Let's dive into some numbers/tactics for expanding the on-chain market:
-> Sweep customer
.
@SweeprFi
has deployed on
@optimism
to:
- Save and trade with one coin on
@balancer
@uniswap
- Bring funding for top quality pools and assets
- And Support users of a fast, stable, scalable EVM
Save, swap and bridge with $SWEEP at
RWAs will improve
Better collateralization, lender protections, and transparency
Maxos is leading the way
Mainnet in the coming weeks ⌛️
Fully Collateralized > Undercollateralized
.
@SweeprFi
uses
@arbitrum
to
- Swap on
@Balancer
,
@CurveFinance
and
@Uniswap
- Invisibly boost yield for swappers and LPs
- Bring funds to hot STIP-boosted DeFi assets
- And govern deployments on 6 subsidiary chains
Save, bridge and swap with SWEEP at
Without the gov’t as a backstop a decentralized bank must have a plan
for a BANK RUN
SVB & Circle redemption mechanisms won’t work for crypto
Maxos has plan 👇📖
At
@SweeprFi
we are honored to be part of the
@Balancer
family and building on an ever expanding tech stack.
We hope people see the potential by holding $SWEEP.
(PS, just went live on our 7th chain
#BSC
, powered by
@LayerZero_Labs
and
#builtonbalancer
)
By harnessing the power of Balancer technology,
@SweeprFi
has strategically optimised capital efficiency and established a foundation for more robust liquidity in their ecosystem.
Discover the intricacies in the article below.
#BuildOnBalancer
Read more:
Sweep can simplify your swapping
Our tagline promises “one coin to save, bridge and swap” for
#DeFi
users. Instead of wasting your time on gamification and points, we want to make your life simpler.
Users get one coin to:
-Swap through direct routes on many
#AMMs
-Earn interest
DeFi is at an inflection point as RWAs
such as TBills come on chain 🚀
Check out Sweep protocol that will enhance TBills from great projects
@openeden_hq
@OndoFinance
@BackedFi
and others 👇📖
Stablecoin savers are unbanked
Software agents on-chain are stuck chasing DeFi rates market trends 😕
(Yearn then tokenized T-Bills)
On and off ramps are now being choked by regulators ⚠️
Our decentralized bank 🏦 is coming soon!
97% chance that October will be better than September for
#crypto
! 👀
🌟 Don’t believe in technical analysis❓ Let’s look at the stats.
$BTC returns have been negative in 8/10 Septembers.
🌪️ This has a 5.4% chance of happening in a random sequence. That evidence is weak. A lot
🌟
@SweeprFi
is poised to become the Savings Bank for
#DeFi
, providing
#savings
and funding at scale.
Wondering how they'll get there❓
1) Distribution
2)
#Yield
aggregation
3) Embedding
4) Margin expansion
5) Solving hard problems
#Base
Call today with the team from
@ethswarm
, covering bonding curves. Hopefully dropping some alpha related to Sweep.
Some thoughts on bonding curves...
Very few projects have taken bonding curves as far as Swarm. They have held their BZZ curve for years. After an initial offer,
Are Bonding Curves good?
Bad?
Weird?
Good but not here?
Let’s figure it out this Friday at 4pm CET with
@verbine
, you will hear from
@andysingleton
,
@mariamagenes1
and an special bee guest 🐝
Dont’ miss it 👇
.
@SweeprFi
just got to spend an hour with
@BaseSwapDex
talking about the advantages of building on
@base
and how building almost from scratch has helped them build for the future. Excited to see what we can build together!
Sweep uses
@LayerZero_Labs
to reach 10 EVM blockchains & many RWA partners
🍎 Savers get portable savings & collateral
⛓️ Chains get a full deployment to import TVL
🏦 Assets get funding for
#RWA
& dollar protocols
It's the Amazing L2 Funding Machine 🔽
We need full time marketing talent here at Sweep Protocol. We have been geeking out and getting the product pipeline ready. If you can create messaging, funnels, social buzz, and partnerships, please tell us about it here:
We just posted an Arbitrum reward application, a full 6 hours before the deadline. If accepted, it will significantly expand the RWA economy on Arbitrum. It contains new information about the Sweep roadmap
📣 Sweep Protocol is releasing capabilities for
#RWA
and
#tokenized
security providers. 🎉
🌟 Funding: Sweep is optimized to provide margin funding for tokenized securities, including high leverage for tokenized
#treasuries
🔸Liquidity and cash efficiency. Sweep sells and
Why we like
@Balancer
!
We just moved our $SWEEP / $USDC
#AMMs
to
#Balancer
. The Balancer metastable swap is exactly what we need to maintain the SWEEP peg, while still paying returns and getting price signals.
Did anyone say
#DeFi
is complicated? 🤨
👀 Well, Sweep is not.
$SWEEP is simple. A token that gains in value. No staking, farming or rebasing.
Learn more about how it works 🔽
It is awesome being part of the
@0xPolygonDeFi
ecosystem! Shout-out to all the other builders growing as well, and we would love to see how we can partner together!
gm and happy Friday to all!
Here are the latest rumblings happening in the Polygon DeFi ecosystem. Make some noise for all the builders grinding.
The roundup 🗞️
---
1.
@CurveFinance
integrates crvUSD on Polygon PoS, bringing their innovative CDP stablecoin to Polygon PoS.
Our code is now LIVE on Github! 🚀
🧩 This move enables:
1) Anyone to verify & improve security
2) Support for new contributors
3) Users to
#BUIDL
new asset strategies and “Stabilizers”
Check it out 🔽
#RWAs
#onchainfinance
#DeFi
🌟 Sweep will be the Savings Bank for
#DeFi
, providing
#savings
and funding at scale
How do we get there❓
1) Distribution
2)
#Yield
aggregation
3) Embedding
4) Margin expansion
5) Solving hard problems
Check it out in our
#roadmap
article 🔽
1/ We are delighted to announce that Flux Finance is live! Flux is bringing US Treasuries yield on-chain to permissionless lenders everywhere, creating the substrate upon which a new on-chain economy can form.
Potential Sweep users identified security/reliability as their highest priority. 🔒
📣 That's why we're thrilled to partner w/ Sublime Group, experts in smart contract auditing, to bring you our very first audit report. 🔍
Here ▶️
Let's dive in 👇
🧵/
Moving SWEEP takes seconds with the fast finality chains like
@avax
(3 sec) and
@BNBCHAIN
(7.5 sec).
@FantomFDN
(2 sec) and
@CeloOrg
(5 sec) are on the roadmap. We LOVE Eth L2s, with security that meets the needs of RWA placement, and native bridging that supports all of the
TTF (Time To Finality) is now part of Chainspect platform!
TTF is the time a transaction takes to be considered permanently recorded in a blockchain's ledger.
Chainspect is the first blockchain analytics platform to report TTF for more than 25 blockchain networks.
Explore the
DeFi Dollar issuers will be a trusted few. However, lending must be disaggregated to many experts.
This has not happened
Most productive, undercollat. DeFi lending either serves
1) same group of borrowers (Wintermute, Alameda,etc)
@maplefinance
@TrueFiDAO
@ClearpoolFin
As seen in the past week,
CASH IS KING
Where is your cash?
Who has it?
Can you get it back on short notice?
How much interest is it earning?
Global, decentralized dollar banking coming soon 👋⌛️
❗️Let's STOP the bleeding!
At Sweep, we're rallying to reclaim $500M/week of unsatisfied
#capital
that off-chain money market funds are taking away from
#DeFi
🧩
🌟 Mission: Grow on-chain
#finance
.
Would you swap with an interest-bearing coin (sDAI or SWEEP), rather than using a stablecoin as the dollar side of your trades (holding and swapping USDT)?
Many people avoid swapping yieldcoins. $784M of sDAI has 789 holders and 50 trades per day
Drumroll, please! 🥁
📣 Introducing smart dollar savings for DeFi from Sweep Protocol, with fun new branding for the next leap in on-chain
#finance
.
Follow us for advances in
#RWA
, cash management, and
#DeFi
. ⚡️
More 🔽
Stablecoin assets are growing. This week breaks steady declines that followed a regulatory attack on Paxos/BUSD in Feb and the USDC depeg in Mar. All coins are doing better. DAI incentives work. We will see MakerDAO redeem USDC to grow DAI RWA assets.
Go SWEEP!
🌐 A system that smartly places your
#cash
where it's needed, when it's needed... That's Sweep in a nutshell. 💡
Incentives move cash across
#blockchains
and assets, minus the usual hassle. 📍
Dive here 👇
This balance sheet spreadsheet delivers a real-time view of Sweep Protocol. It includes assets, liabilities, SWEEP distribution, and AMM positions
The google sheet uses our JSON API, and the importJSON function from
@AdrienDataLover
Sweep is designed and placed to be an invisibly and effortlessly boosted dollar in the AMMs that you already use. Extra apps make life complicated. You deserve simplicity
Most marketplaces are destinations: users have to travel to a website or open an app, signup for an account, put in a credit card.
With headless marketplaces, the destination is wherever the users attention already is—and increasingly, thats where their $ will be too...
@CryptoTrump2023
@877PSBYTE6
We're multi chain for EVM. Once we get the machinery running we'll be deploying on some other chains. In some cases, via partners like
@OptimFi
42/ The folks at
@6thManVentures
did some great research and generally found that smaller unlock events had less impact on price than large ones
I think right direction is something like 20-25% circulating at TGE, 0 cliff, 36 mo linear unlock
We are happy to link
@SweeprFi
with
@okxweb3
wallet to provide services that give users the benefits of self-custody, visibility, control, and best-of-breed assets.
Come check us out!
#OKXWEB3
#SWEEPR
#LayerZero
With
#Sweep
, we're bringing institutional strategies to DeFi! ✨
🌐 Fund
#RWAs
while getting great
#DeFi
yields on stables WITH several other benefits, incl:
🔸asset-protection
🔸long-term adaptability
🔸perpetual allocation
🔸and more...
Explore 🔽
@Balancer
We are honored to be part of the
@Balancer
family and building on an ever expanding tech stack.
We hope more people are able to see the potential by holding $SWEEP.
(PS we just launched our 7th chain
#BSC
, powered by
@LayerZero_Labs
and
#builtonbalancer
)
How does
#Sweep
work❓
⚡️ Simple. It connects
#stablecoin
holders to expert borrowers who are actually “smart” at managing funds.
Win-win for both savers & money managers.
Learn more 🔽
Imagine a world where big companies run like a
#gigeconomy
—chaotic yet capable? 👀
🔑 That's where
#DeFi
comes in, bridging efficiency with scale like never before.
Our blog unravels the
#Coase
#Paradox
in modern DeFi and big biz! 🔽
97% chance that October will be better than September for
#crypto
! 👀
🌟 Don’t believe in technical analysis❓ Let’s look at the stats.
$BTC returns have been negative in 8/10 Septembers.
🌪️ This has a 5.4% chance of happening in a random sequence. That evidence is weak. A lot
@jerallaire
You're spot-on Jeremy!
And to another end, RWAs /
#RealFi
provide(s) a perfect amalgamation of privacy & transparency of
#blockchain
and mass-adoption in the real world. It’s a step forward to build a secure and decentralized financial system.
@Legendary_NFT
This is fantastic news! The bridge between
#crypto
and traditional finance is vital for adoption.
Cheers to
@MetaMask
for this great step! 🥳💪
One key feature of our crypto-native bank is
#crosschain
services. The mutual offers deposits, transfers, investments, and payments on multiple blockchains. It can deploy “subsidiaries” on each participating blockchain. We are talking to
@Algorand
and
@Cardano
for the rollout
The Sweep rate went to 21% on Saturday
Sweep is tuning its economics to handle rising yields in DeFi. This article explains how Sweep can add value with allocation, capital, liquidity, and distribution
We’ll be releasing a series of articles in the coming days ahead of our whitepaper and new website ⌛️📝
#Decentralized
Banking is coming
Here is some very brief context from our co-founder to set the stage 👇
@KobeissiLetter
4.37% is not just a number, it's a signal. The bond market's essentially saying, "Fiscal responsibility, where you at?" This uptick could ripple through everything from mortgages to corporate loans.
It’s a good market for Balancer
Metastable swaps are appropriate for pairs like $ETH / $stETH and $USDC / $sDAI. In both cases, the interest-earning side crawls about 5% per year. Those are big categories.
We had a special request for the Balancer team. They removed the
Couldn't find any spaces talking about
@base
or
@arbitrum
today, so we made one. If you are building come join and let's hear what you are building and if there is a way
@SweeprFi
could be part of it.
@hexonaut
Most tokenized deposits are just TBills and lack dynamic/flexible allocation ability. Something Maker already struggles with via governance. A perpetual, safe, dynamic cash management solution for on-chain agents coming soon 👋 ⌛️
Why we like primary redemption. It's a geeky topic, but one that is a key part of our ongoing battle to drive down risks in DeFi cash management. We're going to make sure that you can reliably get your cash back on demand.
Then, they spent a MONTH looking at the code, testing it and reminding us about places to upgrade the security and reliability. 🌟
The Sublime audit is the first step in getting to the safety and reliability that users expect
(3/4)
It’s a plugin
We deploy an AMM Plugin contract on each blockchain that links Sweep to a local $SWEEP / $USDC or $USDT AMM. We can use Balancer on the blockchains where Balancer is available. Otherwise, we can use a different local AMM.
Thanks, Balancer!
#BuildonBalancer
@arbitrum
awesome to see sooo many projects
#BUIDL
'ing the ecosystem!!
we're ready as well. to deploy.🔥
a "smart" & simple dollar savings on
@arbitrum
... sounds cool, huh? 👀
Why do people not trade with interest bearing coins like sDAI, SWEEP, wstETH? A new favorite explanation:
Centralized Exchange Support
--------------------------------
Users trade with assets that have on-ramps, off-ramps, and price feeds from centralized exchanges. Centralized
Would you swap with an interest-bearing coin (sDAI or SWEEP), rather than using a stablecoin as the dollar side of your trades (holding and swapping USDT)?
Many people avoid swapping yieldcoins. $784M of sDAI has 789 holders and 50 trades per day