Interested in onchain yield, DeFi, private credit, & SME lending. Product @opentrade_io, prev @CredoraNetwork

Mexico City
Joined September 2022
Joe Foster retweeted
We didn't change who we are. We made it impossible to miss. Today we're unveiling the refreshed OpenTrade brand, built around one purpose: make every balance count.
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Joe Foster retweeted
Last week, the OpenTrade team got together in New Orleans 🇺🇸 Most days we're a team spread across time zones on a screen. This week it was gumbo, po' boys and an alligator who got a little too close for the group photo It's been a big year: the team has grown, we've hit our goals and there's real momentum behind what we're building A few days in the same room has us all heading home re-energized for what comes next. Grateful for this crew. Thanks for having us, Big Easy
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Leo is suddenly the most popular boys’ name in EIGHT London boroughs. Presumably in response to the new pope. Evidence of a terrifying invasion of papists in our community?!
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今天, Avalanche Payments Collective (Avalanche支付联盟)正式推出了! 首批创始参与方包括 Franklin Templeton、VanEck、Anchorage Digital、Paxos、Agora、Ethena、Rain、Axiym、Tassat 等覆盖支付全链条的机构。 这个 Collective 将稳定币、结算、资金管理基础设施、外汇、托管、发卡、企业支付、资产管理和全球付款等领域的公司汇聚在一起。 我们为什么要成立这个联盟? 因为支付的未来,靠的不只是更快的交易速度。 而是要让资金在全球范围内顺畅流动,需要流动性、结算、合规、资金管理、托管、外汇和本地支付网络像一个整体一样协同运转🔺 目前,已有 28 家领先机构在 Avalanche 上构建支付流,覆盖 150 多个国家、96 种货币,以及约 220 亿个付款端点。 过去几年里,Avalanche 已经悄然成长为业内覆盖最广的支付生态之一。 现在,这个生态有了自己的名字——Avalanche 支付联盟 了解更多请阅读博客 avax.network/about/blog/aval… 成员名录 Founding Members: AeraTech @Anchorage @AxiymFinance @brale_xyz @coreapp @dakota_xyz @ethena @FTDA_US @grovedotfinance @krakenfx @Lynq_Network @meshpay NHN KCP @nonco_otc OatFi @opentrade_io @Paxos @raincards @RequestFinance @rise_pay SETTL @StraitsX @tassatgroup @vaneck_us @WisdomTreeFunds @withAUSD @wyostable @zerohashx
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my pov: -> security is cat and mouse game. always has been (check early internet days) -> security holes were already there, it's just became cheaper to exploit -> it will become cheaper to fix as well -> security tools are going to catch up very soon -> most recent hacks are opsec related not SC related ( @flipdazed pulled the numbers recently) -> we need to level up on opsec :for sure: -> we see noncustodiality and risk isolation has 2 key very important design choice to limit hack impacts -> more LOC = larger attack vector so simplicity is paramount -> i've never seen a more exciting time to build stuff than today
PSA: I now consider *all* of DeFi unsafe. Coding agents are superhuman at finding vulnerabilities, and smart contract security is too asymmetric: defenders need to fix every bug while attackers need just one exploit to steal funds.
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awesome news for @opentrade_io! Really excited for the speed that this allows us to build with, as we expand our yield product and Liquid Yield Token offering. We are lucky to have great clients, great investors and a great team!
1/ OpenTrade has raised $17M in a strategic round, bringing total capital raised to over $30M. Led by @mercuryfund and NotionCapital, with participation from @a16zcrypto, @AlbionVC, and @CMCC_Global.
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Joe Foster retweeted
1/ OpenTrade has raised $17M in a strategic round, bringing total capital raised to over $30M. Led by @mercuryfund and NotionCapital, with participation from @a16zcrypto, @AlbionVC, and @CMCC_Global.
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Joe Foster retweeted
1/ $324 billion. That's how much was processed in stablecoin transactions across Latin America in 2025, an 89% YoY surge. Our latest report, “The Stablecoin Surge: Unlocking Growth Across Latin America,” breaks down what's driving it 👇
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Joe Foster retweeted
We can confirm that SIERRA has never had any exposure to USR, RLP and the Resolv protocol
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Big step for the development of @SierraIsMoney and SIERRA holders
We're really excited to announce the launch of SIERRA's market on @pendle_fi This milestone marks the first chapter in new opportunities to earn yield on SIERRA throughout the Summit Program Read below on why we're launching on Pendle, how to participate and key details👇
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Joe Foster retweeted
We're really excited to announce the launch of SIERRA's market on @pendle_fi This milestone marks the first chapter in new opportunities to earn yield on SIERRA throughout the Summit Program Read below on why we're launching on Pendle, how to participate and key details👇
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Joe Foster retweeted
Heard it was a volatile weekend. Could have fooled me
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Joe Foster retweeted
An important metric for comparing Liquid Yield Tokens is how much secondary market liquidity is available More secondary market liquidity reduces transaction costs and user frictions, enables new use cases and broadly supports growing adoption Check out SIERRA's numbers👇
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Very cool day for the @opentrade_io team - and thank you to all of our clients for the trust you place in us to make it happen!
1/ 🎉 We’ve crossed $100M in TVL!
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looking good @SierraIsMoney 👋
.@SierraIsMoney deal: ~14% APR on Stablecoins (ETH & AVAX) • Includes a +3.5% real yield boost, paid in SIERRA LYT • Up to $12.5M TVL • Rewards distributed directly via Turtle App • Bi-weekly payouts to start, moving to daily soon
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Joe Foster retweeted
1/ Most points programs miss the point! Points programs have become a standard tool for protocols to incentivize early participation and bootstrap token distribution but many have fallen short in achieving transparency, fairness, and long-term alignment
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Joe Foster retweeted
Some activities that earn Peaks include: 1) Passively holding SIERRA 2) Providing liquidity on DEXes like @LFJ_gg 3) Buying YTs and providing liquidity on @pendle_fi (coming soon) 4) Borrowing against SIERRA and its Principal Tokens (PTs) Check out the Peaks Dashboard for more!
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Joe Foster retweeted
I'm really proud to share what we've developed with @SierraIsMoney's Summit Program Peaks represent our approach to points and we've believe the design remains true to our core principles of transparency, fairness and being community-first
1/ We’re really excited to announce the Summit Program, an incentive campaign to reward aligned early users of SIERRA and unlock new forms of utility Beginning tomorrow, participants will begin earning Peaks for holding SIERRA and using it across DeFi Read below for more info:
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Joe Foster retweeted
This is something I am incredibly proud to announce and highlights the power of our partnership with the market leader in staking infra @Figment_io and world class exchange and custody provider Crypto.com. I genuinely believe this will grow into a multi-billion dollar line of yield products over the next 1-2 years and I'm incredibly excited to finally be able to tell the world about it after months of hard work across all three teams to get the first product built, tested, and brought to market. Much more to come, stay tuned!
1/ Introducing a New Category of Stablecoin Yield from OpenTrade, Powered by @Figment_io Staking Today, we’re announcing that we have partnered with Figment to bring the power of staking to stablecoins - launching OpenTrade Stablecoin Staking Yield Powered by @Figment_io, delivering an average ~15% APR on stablecoins through price neutral staking (based on historical data and subject to market conditions).
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Joe Foster retweeted
🚀 Figment is bringing staking to stablecoins. We’ve launched OpenTrade Stablecoin Staking Yield Powered by Figment — delivering ~15% average APR on stablecoins, powered by Figment’s institutional-grade infrastructure, OpenTrade’s yield engine, and Crypto.com custody. We’re prioritizing security and legal protections often unavailable in DeFi lending and marketplaces. 👉 Learn more: figment.io/stablecoin-stakin…
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