Palladium Labs
@PalladiumLabs
🟡 The first credit-powered payment layer on Bitcoin: spend liquidity, keep the gains. Flagship stablecoin of @BotanixLabs 🕷
🚨 Mainnet is live Palladium — the first credit-powered payment layer on Bitcoin — is now available on @BotanixLabs. Stack sats. Spend without selling. Repay with your yield. Join the launch campaign and reclaim financial control. 🧠 #MainframeOverride
Palladium 101: What happens during liquidation? The Stability Vault uses $PUSD to repay your debt and purchase your BTC. Liquidators earn a reward, and your Trove is closed. It's fast, automated, and fair. 🔁
🚨 Botanix Network Upgrade — proposal for v1.1.13 is live! Public mainnet launched July 1st. The first phase of full load testing was a massive success with 100% uptime. We’re rolling out our first network-wide upgrade: featuring improvements, and optimizations. No downtime.…
When is a Trove liquidated? If your collateral ratio drops below 110%, your Trove becomes eligible for liquidation. To stay safe, always maintain a healthy buffer above the minimum. 🧱
These 50 bots keep rushing in to say “bullish.” We agree — but no, we didn’t hire them. 😂 Working on cleanup…
$PUSD unlocks a new dimension. Earn up to 30% APR in Artura Vault, gain a 4× XP multiplier for early deposits, and stack 3× Bytes as part of the broader Palladium economy. 🪙
Earn up to 30% APR through Artura’s Vault 💹 Deposit stables, earn a share of fees alongside XP (coming soon) and partner incentives with boosted rewards for early depositors. 🧵👇
We’ve conducted smart contract audits for @EmGemXofficial, @AllUnityStable, @PalladiumLabs, @PoolsFinance, and @messiah_network. Web3 just got a little safer 🛡️ Swipe to learn more 👉
Palladium 101: How is the Borrowing Fee set? The fee is algorithmically adjusted. It rises when redemptions increase and decays when the system is calm. This discourages borrowing during peg stress and helps maintain stability. ⚖️
The next wave of Bitcoin's growth will not be driven by price action. It will be driven by the financialization of Bitcoin, using Bitcoin as a collateral asset on a new set of financial primitives built on Bitcoin for bitcoin. The next wave is here. Botanix.
Why no interest on borrowing? Palladium charges no ongoing interest. You only pay a one-time fee when minting $PUSD. This makes borrowing predictable and avoids long-term debt spiral risks. 📉
What is the Liquidation Reserve? A small portion of $PUSD is set aside when you borrow to cover gas costs if your Trove is ever liquidated. It’s refunded when you close the Trove — a fair safety mechanism. ⛽
Palladium 101: Why a 100 $PUSD minimum? Each Trove must borrow at least 100 $PUSD to prevent inefficiencies. This avoids micro-loans that could clog the system and ensures redemption operations stay smooth and stable.
Here comes the review video of [@BotanixLabs Asia Tour - Shanghai Station] ! On July 19th, the final stop of the Asia Tour series, jointly organized by #Botanix and #TinTinland, came to a successful conclusion in Shanghai At this stop, we have brought a more in-depth analysis…