Cruz Molina (@CruzAMolina) header
Cruz Molina (@CruzAMolina) profile picture

founding engineer @saturn_credit structured finance on digital credit ex-Kraken/Ink · Opyn · Truffle/Consensys

PNW
Joined November 2018
Photo by Cruz Molina (@CruzAMolina)Photo by Cruz Molina (@CruzAMolina)Photo by Cruz Molina (@CruzAMolina)Photo by Cruz Molina (@CruzAMolina)Photo by Cruz Molina (@CruzAMolina)Photo by Cruz Molina (@CruzAMolina)Photo by Cruz Molina (@CruzAMolina)Photo by Cruz Molina (@CruzAMolina)Photo by Cruz Molina (@CruzAMolina)Photo by Cruz Molina (@CruzAMolina)
We all want better returns on our stablecoins. But if someone offers you 12%+, wouldn't you want to know what's backing it? 🔹 Saturn is building yield products around STRC, with Bitcoin at the center. 🔸 @eosborn88 from @saturn_credit on bringing yield to stablecoin holders.
14
18
62
6,604
Introducing Escape Velocity, a Saturn podcast exploring the future of digital finance. For our debut episode, we're joined by Chaitanya Jain (@CJ_Bitcoin), Head of Bitcoin Products & IR at @Strategy. We dive into $STRC buybacks, sustaining $MSTR's Bitcoin amplification, bringing digital credit onchain, and more. Timestamps: 00:45 CJ's Journey from Blackstone to Strategy 02:30 Strategy's Business Model: More Than Leveraged Bitcoin 08:02 Who Owns STRC? Retail vs. Institutional Investors 11:59 Institutional Demand for STRF, STRD, and STRK 14:02 Has the Selling Pressure from June Finally Ended? 17:15 Why Is STRC's Dividend Rate 12%? 30:55 Are STRC Buybacks a Sign of Weak Demand? 33:20 Strategy's Plans for Its Other Preferred Stocks 39:16 Did Strategy Grow STRC Too Quickly? How Big Can It Get? 45:49 Why Doesn't STRC Have the Same Investor Protections as SATA? 49:32 Why Not Let STRC Trade Above $100? 54:16 Can Strategy Maintain Bitcoin Amplification at Scale? 57:01 STRC vs. MSTR: Are Shareholder Interests in Conflict? 1:00:03 Do STRC Buybacks Undermine the Benefits of Perpetual Financing? 1:03:09 Maximizing Bitcoin per Share: When Should Strategy Issue Equity? 1:08:25 Behind the Scenes: How Strategy Makes Capital Allocation Decisions 1:14:02 Bringing Digital Credit Onchain with Saturn 1:17:35 Who Will Buy STRC During a Bitcoin Bull Market? 1:20:47 The Future of Onchain Credit: Global Access and Structured Products
15
7
3
53
5,067
Saturn is aware of the Railway and PHP compromises. User funds and protocol operations are unaffected. Railway was only used for an inactive, isolated bot with no privileged access. The bot has been shut down and all credentials rotated. PHP is not used in Saturn's stack.
5
2
1
38
2,767
Cruz Molina retweeted
I'm proud to announce that @Saturn_credit has participated in @Strive's $SATS IPO, allocating directly from our own treasury. SATS is a cumulative fixed-rate perpetual preferred, junior to $SATA and senior to $ASST, with a 15% annual dividend paid every business day. We see SATS as a meaningful step forward for digital credit, and over time we're exploring ways to bring instruments like it to our global investor base. As allocators in the digital equity and credit ecosystem, our team is continually impressed by Strive's rigor around ASST amplification, paired with a willingness to redefine the design space for digital credit. Strive is also exceedingly vocal about its long-term decision-making process and execution strategy, which allowed it to turn the warrant expiry into a showcase of balance sheet expertise and, now, an opportunity for net new capital to gain $BTC exposure through SATS. We started Saturn on the premise that digital credit is the substrate for Bitcoin's global adoption. Like Strive, our goal is to advance the frontier of Bitcoin's financialization. We saw this firsthand with SATA's daily dividends, and we're excited to see what comes next from Strive, @Strategy, and other issuers as the industry builds toward a 24/7 financial world. In Saturn's case, we advance it by making digital credit accessible around the clock to a global audience, and by expanding the Bitcoin risk-return curve through our digital dollar and yield products. We look forward to supporting future offerings that move Bitcoin forward. Congratulations @ColeMacro, @Werkman, @PunterJeff, @AdamBLiv, @IIICapital, and the rest of the Strive team. Note: Saturn's participation in SATS was made from its own treasury and does not affect USDat, sUSDat, or any existing Saturn product or holder.
13
19
6
192
19,140
Saturn's PT-USDat market is now part of the @Pendle_fi Ecosystem High Yield USDC vault. Co-curation by Pendle and @Wintermute_t's Armitage. Details below.
Pendle Ecosystem High Yield USDC is now live on @Morpho 🦋 Co-curated by Pendle and Armitage, @wintermute_t's vault curation arm. This vault will run alongside the Pendle Ecosystem USDC vault, with a wider mandate across PT markets targeting a higher yield
9
6
38
2,643
Saturn USDC vaults on @Monad and Ethereum now accrue 5x Orbital Points. Saturn USDC lends into digital credit, deepening liquidity for global borrowers. Curation by @Hyperithm, infrastructure by @Morpho. Available on Saturn’s front-end. Full details below.
10
4
1
38
2,973
Saturn is providing a $5,000 incentive on the Confidential High Yield USDT Vault via @BarkerMoneyX. Curated by @Flowdesk_co. Confidential infrastructure by @Zama. The underlying @Morpho vault allocates to a USDT market collateralized by PT-USDat. Oct 5 - Nov 5. Details below.
24
7
2
51
4,275
Cruz Molina retweeted
Live now: Ondo’s STRCon powers @saturn_credit’s latest digital credit upgrade. Redemptions from sUSDat to USDat move from T+7 to T+1, with 24/7 pricing. Tokenized assets are becoming the foundation for a new generation of financial products.
Today, Saturn upgraded its infrastructure with @Ondo technology to make digital credit liquid, 24/7, and composable, so structured yield products can reach investors who previously couldn't access them. The sUSDat V2 upgrade is now complete. Full details below.
42
106
7
796
84,608
Today, Saturn upgraded its infrastructure with @Ondo technology to make digital credit liquid, 24/7, and composable, so structured yield products can reach investors who previously couldn't access them. The sUSDat V2 upgrade is now complete. Full details below.
132
15
15
259
80,526
Introducing Saturn Institutional. For capital allocators, liquidity providers, and ecosystem partners. • Direct access to the Saturn team • Dedicated support for $STRC-powered digital credit, money, and yield products • Onboarding accommodation Details below.
111
25
1
199
48,812
The sUSDat V2 upgrade is complete. STRC has been rotated into STRCon. Regular processing resumes Mon Oct 5. Important: Redemptions are now processed by minimum sUSDat share price. Queue positions below #1165 must reset to a minimum sUSDat share price, not total USDat.
The sUSDat V2 upgrade has been proposed, starting a 5-day timelock. Expected execution: Wed Sep 30. Redemption processing is slowed ahead of the transition. Yield passback is paused. Accruals from Sep 25 onwards will be passed back the week of Oct 5. Details below.
5
5
2
34
5,205
$STRN TGE: Q4 2026. There is no second best. Initial details below.
89
62
69
464
154,791
Saturn is upgrading sUSDat to V2. sUSDat $STRC backing will migrate to @Ondo's STRCon, held and publicly verifiable onchain. Over time, V2 will materially reduce sUSDat to USDat processing time. Users do not need to migrate or exchange sUSDat. Details below.
9
5
2
63
11,835
Cruz Molina retweeted
1- get married 2- have children 3- connect with big guy upstairs and read his books and try to do what he says 4- disconnect from the internet + do things with people frequently 5- develop hobbies/ interests outside your narrow work interests 6- physical exertion 7- eat well
The deep amount of anxiety people in tech are feeling is off the charts. Had a couple conversations with people of various ages and the themes are: - Every day there are 5 new earth shattering new tech breakthroughs. I can’t keep up. Should I be keeping up? Am I falling behind? - What does my career and skill mean in the age of AI? Is software engineering a 30yr long career any more? Is product management? - Is my only hope to start a company? - At the very least, it feels like I should join a startup but which one? Everything seems either overvalued or has no moat. - Okay I joined a startup. Is my company’s equity worth anything or will this be another Airtable or Miro? - Startup is doing well. How in the world am I supposed to find a significant other? - Will these immigration policy shifts allow me to be here long term? - Will I ever be able to afford a house and a life in the Bay Area amidst the biggest wealth creation event of all time? - Okay, I figured all of that out. What is my purpose? I’m wealthy but no one really cares. I don’t really know what to do with it. Am I supposed to start a company? - Alright I found peace in kids. But I’m worried about them. How does one raise kids in this climate? What are the rules of this new world order? Many of these concerns are of course not limited to tech or the Bay, although it feels particularly concentrated here (versus what I see in NYC). Maybe some people will read this and feel anxious themselves, and for that I apologize. For the rest, just know that it’s not just you who feels this way. It’s a lot of people!
10
30
1
498
32,104
Saturn is proud to announce USDat is now backed by PYUSDx - a platform built on @PayPal USD. Full details below.
9
8
4
353
10,322
Boost your Saturn point with Binance Wallet! From today, users who subscribe to the pools below on Ethereum via #Binance Wallet DeFi are eligible for an extra points boost: - 1.5x points for the Pendle USDat (PT-USDat-14JAN2027) Pool - 3x points for the Strata USDat (srUSDat) Pool Discover More👇 (Open in mobile browser) app.binance.com/download?_dp…
33
21
10
161
100,201
Digital Money (srUSDat) powered by $STRC is now live on @BinanceWallet DeFi.
20
25
31
312
157,121
Saturn has partnered with @Ondo to bring institutional-grade tokenized assets into structured products on $STRC. Alongside the partnership, Ondo has made a strategic investment in Saturn.
37
22
47
199
211,206
The January 14, 2027 maturity markets on @Pendle_fi will receive 1.5x Orbital Points on USDat and sUSDat YT and LP positions. Available on Ethereum and @Monad Pendle markets. Eligible from August 14-28, 2026. Full details below.
7
2
6
70
15,697
Introducing the Saturn PT-USDat Loop Vault. @Hyperithm managed vault initially targeting 5x leverage exposure to PT-USDat on @Monad. Verification by @AccountableData. Max capacity: $1M. Details below.
5
12
3
62
7,327