Head of Ecosystem @citrea_xyz, Bitcoin’s first ZK rollup
Joined February 2021
- Tweets838
- Following921
- Followers1.5K
- Likes2.5K
Jason Chew retweeted
⊢ want your btc to earn without selling a sat?
a couple days ago i put some btc into @citrea_xyz's cbtc vault.
my bitcoin is still there
plus a stimmy waiting to be claimed.
i was gonna hodl that btc anyway.. that's the point
with $CTR climbing the vault's 7d apy is now at 71%.
imo citrea's the best place to put $BTC to use without selling it.
and soon with crest we'll be able to make private btc payments too.
CM [Citrea Morning] fam☕️
⊢ want zcash-style privacy for your bitcoin?
till now:
btc → swap to zec → zcash pool → swap back → btc
and while you're in there your money is zec.
on @citrea_xyz:
> in from bitcoin, lightning or other chains
> inside, your btc stays btc. amount and address hidden
> hold it there, exit when you pay someone: as btc, to other chains, even as usdc.
↳ as @ekrembal said:
coinjoin is the only privacy option on $BTC itself rn.
it mixes inputs and outputs, but later spends can still get fingerprinted and linked.
citrea keeps the btc in the pool; you exit when you need to pay.
no utxo management.
and hacker deposits get flagged and have to leave. funds are not frozen.
keys stay with you.
crest waitlist is live.
have you joined yet?
Congratulations team!
@0xprivacypools 🤝 @citrea_xyz
Jason Chew retweeted
Welcome to Citrea's privacy chapter.
Where Bitcoin becomes private and privacy becomes practical and usable at scale.
Join @crest_btc waitlist: crestapp.xyz/
Jason Chew retweeted
In all my chats in Seoul and Singapore, Bitcoin privacy is the one topic I kept asking people about. No one doubts it could easily be the next narrative, and I agree. The follow-up was more interesting tho. Who could actually pull it off.
Bitcoin privacy is a multi-layered problem. It needs a way to move BTC with real verification and no soft fork, a place to run complex verification and contracts, and a compliance answer that doesn’t involve a backdoor.
It’s definitely not an easy problem. Teams spend years on each of those alone.
When we started our company, our first real product was Proof of Innocence. We built it right after Tornado Cash, when the consensus was that compliant onchain privacy couldn’t exist. Railgun and Privacy Pools are built on it today. Basically, any privacy protocol that needs compliance but rejects backdoors ends up with a Proof of Innocence-like framework.
Then the same team went on to ship the first ZK rollup on Bitcoin and the first trust-minimized BTC bridge with BitVM2. It’s still the only one deployed.
So when people ask me who cracks Bitcoin privacy, I have a pretty clear answer.
It’s the team aligned on $CTR 🍊
Jason Chew retweeted
this is pretty interesting
even though the target apy for the new cBTC earn vault by @citrea_xyz is ⁓10%
it’s currently sitting at 56% apy
a pretty huge benefit for early depositors while the vault is still small
instead of letting your bitcoin sit idle
you can deposit cBTC and let the vault put it to work while you keep your exposure in btc
the vault is curated by @ClearstarLabs
they run a curated mix of risk-adjusted strategies, such as lending, lping, and carry trades, to generate yield
and any dollar-denominated yield generated gets converted back into bitcoin
so the loop is basically:
btc → productive capital → yield → more btc
the target may be 10% long term
but right now, being early is paying a lot more than that
wanna be early before the crowd?
join here: app.upshift.finance/vaults/c…
Introducing cBTC Earn Vault - Open for Deposits
cBTC has built a strong foundation, with $65M volume & 190 BTC processed by the Clementine Bridge.
Now, we're expanding cBTC’s utility with the Earn Vault, curated by @ClearstarLabs.
~10% APY including CTR incentives 🧵
KBW done, @token2049 next.
We've been busy:
- acquired @crest_btc, kickstarting Citrea's privacy chapter
- launched our flagship cBTC Earn Vault: app.upshift.finance/vaults/c…
Earn BTC with your BTC, launch APY still currently at ~50%
Bridge directly to wcBTC for even faster deposits: app.squidrouter.com/?fromCha…
More to come! 🍊
🤖 Made with AI
Jason Chew retweeted
Clearstar is coming to @citrea_xyz
With @upshift_fi, we're launching a yield vault denominated in cBTC, Citrea's trust-minimised Bitcoin. The new vault makes it easy to stack sats, earning more Bitcoin from a selection of yield strategies.
Here's what you need to know 🧵
Jason Chew retweeted
Introducing cBTC Earn Vault - Open for Deposits
cBTC has built a strong foundation, with $65M volume & 190 BTC processed by the Clementine Bridge.
Now, we're expanding cBTC’s utility with the Earn Vault, curated by @ClearstarLabs.
~10% APY including CTR incentives 🧵
Thank you for showing up!
@crest_btc just onboarded 100+ users to the testnet environment to show how privacy should feel: practical and usable at scale.
Next on Citrea: Private BTC for all.
Jason Chew retweeted
Institutional Privacy Day
Keynote: Mobile-First Privacy on Bitcoin
Orkun Kilic (@0x_orkun) will present Citrea's privacy chapter.
The future of Bitcoin is private!
Jason Chew retweeted
The only privacy event during KBW
In between talks:
→ Shielded Market for privacy merch
→ Surprise giveaways for the attendees
█ Sep 30 - luma.com/xnzbz5c6 █
Institutional Privacy Day agenda is out!
Institutional and privacy builders' perspectives on:
→ Liquidity standards
→ Compliance-ready infrastructure
→ Today's privacy solutions
Stay tuned for speakers 👀
█ Sep 30 - luma.com/xnzbz5c6 █
Jason Chew retweeted
Crest Joins Citrea to Bring Zcash-Style Privacy to Bitcoin
Crest is becoming @citrea_xyz’s flagship product.
Our mission: make self-custodial Bitcoin privacy effortless, intuitive, and practical for everyone.
Democratizing private Bitcoin 🧵
Jason Chew retweeted
⊢ private btc you can spend
today @citrea_xyz made crest wallet its flagship product.
congrats to the both team.
crest is a bitcoin privacy product for everyday use.
how i picture using it:
> btc comes in & gets shielded
> keys stay with me
> i pay someone usdc on an evm address
> onchain, nothing points back to my btc
i got in after citrea mainnet launched.
used it
whitelist is open again now
join it.
∎
🤝 Paid partnership
Citrea acquires Crest to bring Zcash-style privacy to Bitcoin
@crest_btc, a self-custodial private Bitcoin wallet, becomes Citrea’s flagship product.
Uniting our teams to make privacy the standard for holding and moving a $1.6T store of value. 🧵
1/6
Full circle moment:
Super excited to officially welcome @crest_btc to Citrea and ecstatic to work even closer with @0x_fsociety, coming a long way since the early Citrea Origins days.
Private BTC for all 🍊
Pretty surreal to finally share this.
I started Crest with a simple conviction: to bring privacy to Bitcoin without reserving it for technical users or forcing people through painful UX. The best asset should have privacy that is accessible to all.
What began as a Citrea ecosystem project grew into a much bigger mission. To accelerate that mission, Crest is now joining Citrea as its flagship product, and I’m joining as Product Lead to keep building it.
The mission stays the same: make Bitcoin private, and make that privacy intuitive, accessible, and actually usable for people.
Same mission. Bigger team. Way more firepower. Time to ship
Jason Chew retweeted
Pretty surreal to finally share this.
I started Crest with a simple conviction: to bring privacy to Bitcoin without reserving it for technical users or forcing people through painful UX. The best asset should have privacy that is accessible to all.
What began as a Citrea ecosystem project grew into a much bigger mission. To accelerate that mission, Crest is now joining Citrea as its flagship product, and I’m joining as Product Lead to keep building it.
The mission stays the same: make Bitcoin private, and make that privacy intuitive, accessible, and actually usable for people.
Same mission. Bigger team. Way more firepower. Time to ship
Crest Joins Citrea to Bring Zcash-Style Privacy to Bitcoin
Crest is becoming @citrea_xyz’s flagship product.
Our mission: make self-custodial Bitcoin privacy effortless, intuitive, and practical for everyone.
Democratizing private Bitcoin 🧵
Jason Chew retweeted
Citrea acquires Crest to bring Zcash-style privacy to Bitcoin
@crest_btc, a self-custodial private Bitcoin wallet, becomes Citrea’s flagship product.
Uniting our teams to make privacy the standard for holding and moving a $1.6T store of value. 🧵
1/6
Jason Chew retweeted
█ Introducing Institutional Privacy Day █
The only privacy event during KBW
Join us for:
• Deep privacy talks
• Perspectives from funds
• Exceptional privacy merch
█ Sep 30 - hosted by Citrea & @FourPillarsFP █