February Progress Update
January flew by and it might just have been one of our busiest months yet, marked by significant milestones that are shaping the future of DeFi. We're thrilled to announce that we've successfully deployed our first mainnet build on @arbitrum, taking the crucial first step in our mission to (re)enable idle liquidity across the ecosystem. Read more about our mainnet launch here: https://t.co/MsXanD2XBb
- First Supported Assets: We've launched with support for two Curve LP tokens as collateral on Tren. When you deposit these LP tokens as collateral, our hooks automatically stakes them into Curve's gauge contracts, allowing you to continue earning yield while borrowing against your position.
- Strategic Partnership: We've teamed up with @eoracle_network to solve one of DeFi's biggest challenges - accurate and secure pricing for complex assets. Together, we're building standardized price feeds for LP tokens and receipt tokens that any protocol can use, pushing the boundaries of what's possible in DeFi.
- Security First: We've completed our latest audit with @HalbornSecurity, adding to our previous security reviews from @Omniscia_sec and @zokyo_io. View all our audit reports at https://t.co/3xQxVfCkhn.
- LGE Update: Our epochs run for 2 weeks at a time, with the current epoch offering 300,000 TREN in rewards. There are some impressive yield opportunities up for grabs through our TREN token for liquidity providers.
- New Features Coming: This month, we're rolling out two major protocol enhancements: leveraged positions and collateral-based loan repayments. These features will give users more flexibility in managing their positions and maximizing their capital efficiency.
- Asset Expansion: We are in the process of integrating new assets to the protocol. Stay tuned for announcements about these exciting additions that will further expand your borrowing options.
- Innovation Through Hooks: Our implementation of hooks continues to set us apart in the DeFi landscape. If you're curious about how hooks are revolutionizing DeFi and specifically their role in Tren, check out our latest deep dive at https://t.co/xFMP2rQGSu.
Join us as we continue building the future of capital-efficient DeFi. 🔥