Leading Privacy & Transparency in Blockchain. Contributor to @Shade_Protocol @Featherlend
Secret Place, Cosmoverse
Joined July 2020
- Tweets1.9K
- Following85
- Followers1.3K
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𝕊ecure 𝕊ecrets ☄ retweeted
Feather is officially transitioning into ownership of the @worldcoin Earn Mini App run by @Morpho over the next 30 days.
We're genuinely excited to be the ones stewarding this app going forward, and our first priority is making sure this handoff is boring, safe, and completely uneventful for you.
What changes?
- Only the interface and the team running the app.
What stays the same?
- Your funds, your positions, and the underlying Morpho smart contracts.
Do you need to do anything?
- Nope. Zero action required. Your yields are safe and uninterrupted.
Read the full transition plan here: feather.zone/blog/passing-th…
Morpho Mini App on @worldnetwork App is now operated by @Featherlend
Unchanged: the mini app experience, underlying Morpho smart contracts & user positions.
Feather is an experienced interface operator and curator within the Morpho ecosystem, providing access to Morpho on @SeiNetwork @Celo @KaiaChain @hemi_xyz @soneium & @megaeth.
𝕊ecure 𝕊ecrets ☄ retweeted
Every asset carries its risk in a different place. Some of it is written directly onchain, where anyone can read it in real time.
Some of it is offchain: not on the chain, but still queryable and relevant, like an attestation, an external price, or a custodian's report you can request and reconcile if you know to ask.
And some of it is offline entirely, information that is legal or proprietary in nature, surfacing only when someone goes and gets it: the recourse buried in a contract, the terms of a private mandate, the bankruptcy remoteness of a structure.
Cutting across all three is liveness - whether what you know is current, and how fast it can change, from slow moving legal facts to a health factor that can move in a single block.
That is the map. Underwriting is the discipline of reading the whole terrain (the perfectly visible onchain, the reachable-but-shadowed ground offchain, and the sealed rooms offline) and never mistaking the part you can see for the part that matters.
Where an asset sits on that map determines how much of the work can be done by observation, how much must rest on trust, and how fast you can even see a change coming.
Read more:
app.feather.zone/research/fe…
𝕊ecure 𝕊ecrets ☄ retweeted
✅9% APY
✅0 incentives involved.
All you need is USDm on @megaeth - then deposit into Feather (powered by Morpho) to gain exposure to the @brix_money wiTRY Turkish-lira carry trade.
FX bond trades are getting ported onchain rapidly and is easily one of the most exciting sectors of assets to keep your eyes on.
megaeth.feather.zone/earn
𝕊ecure 𝕊ecrets ☄ retweeted
The best transparency dashboards in crypto.
Are you an asset issuer looking to build trust with LPs?
Reach out, we pride ourselves on our quality.
𝕊ecure 𝕊ecrets ☄ retweeted
1/ Weekly 🦋 Morpho #2
Morpho powered earn expanded inside @deel
Users across LATAM, Africa, Middle East, and APAC can now earn on idle balances via Sentora curated Morpho vaults on Tempo, directly in the Deel app.
Huge distribution win.
nitter.cf/Morpho/status/20893661…
Morpho-powered earn, now available to more @deel users.
Users in LATAM, Africa, Middle East, & APAC can now earn on their idle balances from @SentoraHQ curated Morpho Vaults on @tempo, directly in the Deel App.
𝕊ecure 𝕊ecrets ☄ retweeted
We believe in the protection of capital.
We do this by building the most accountable and trusted transparency dashboards in crypto.
A public commons of data available for all, a bedrock for users and LPs.
If you're an asset issuer that values trust, please reach out to us.
𝕊ecure 𝕊ecrets ☄ retweeted
Happy 1 year anniversary Feather, we accomplished a lot🥂
- 224,000 website actions
- 11,000 unique users
- 2:23 (average session length)
- Launched our Morpho interface on 8 chains
- Curated 7+ vaults
- 15M AUM
- 2 Morpho focused mobile interfaces in development
- Feather Research + 22,000 underwriting thesis about to launch
For year 2, we will expand to all of the major chains and bring a unique opinionated interface to the Morpho smart contract experience.
Our dream is to integrate:
- Credit ratings
- Deep asset level DD
- Public commons of asset underwriting
- Morpho midnight
- Rate hedging
Just as you book flights from many different websites, Feather has a vision for Morpho as a $100T TVL protocol, and in that world, there is an immense amount of value of being a unique access point.
If you're in venture or are a DeFi LP and interested in investing in a determined team building a real business on top of the Internet of Lending, we'd love to chat.
Onwards🔥
𝕊ecure 𝕊ecrets ☄ retweeted
6 days into the Morpho @megaeth deployment and we've already broken the $1M mark for deposits.
Exposure to the Turkish Lira carry trade via USDm is incredibly attractive.
Limited capacity, first come first serve.
megaeth.feather.zone/earn
𝕊ecure 𝕊ecrets ☄ retweeted
The public commons of underwriting is slowly shifting from internalized to externalized, and it is probably single the most important shift in the industry that isn't being talked about enough.
𝕊ecure 𝕊ecrets ☄ retweeted
DeFi network effects are so strong on Ethereum.
Ethereum wins here, and it will actually strengthen its valuation.
𝕊ecure 𝕊ecrets ☄ retweeted
Feather has officially been cleared as a whitelisted Morpho curator on Ethereum.
Now we take all that we've learned on the frontier of crypto to the most competitive liquidity and underwriting ecosystem in crypto.
New vault, new partnerships, coming soon🔥
𝕊ecure 𝕊ecrets ☄ retweeted
Enough is enough.
@axelar there are $700k of hacked funds STILL SITTING on Axelar from the exploit on Secret.
There are multiple examples in history of DAOs seizing hacked assets to help remediation.
Your refusal to protect users is disgusting.
mintscan.io/axelar/address/a…
𝕊ecure 𝕊ecrets ☄ retweeted
We have identified an incident affecting assets bridged over IBC to Secret Network from the Axelar chain, with approximately $4.67M worth of tokens taken. Based on current information, the issue is isolated to the Secret-side ICS-20 smart contract of the Cosmos IBC connection between Secret and Axelar, used for assets bridged from Axelar to Secret.
Immediately upon becoming aware of the incident, the Axelar emergency committee has disabled the Secret and Secret-SNIP connections. We're reaching out to the relevant exchanges and law enforcement agencies. The incident is isolated to assets on Secret bridged over IBC from Axelar. No other IBC connections or Secret tokens appear impacted. No other Axelar integrations are affected. Axelar’s core protocol is not affected. We're preparing a detailed post-mortem.
𝕊ecure 𝕊ecrets ☄ retweeted
Connect the dots.
All roads lead to $Morpho
𝕊ecure 𝕊ecrets ☄ retweeted
XAUt0 can be used as collateral to borrow USDT on @Celo via the Feather interface (powered by Morpho).
Borrow rate is 1.67% on CELO which is nearly ~60% cheaper than rates on Ethereum for XAUt0/USDT (4.03%)
Morpho market linked below on the Feather app⤵️