Nectra
@nectraxyz
Borrow nUSD with Bitcoin, instantly and securely. Permissionless, immutable, decentralized. Earn. Spend. Leverage. Accelerated by @CitreaOrigins
Introducing Nectra: A Bitcoin-Backed Stablecoin Protocol for Permissionless Loans. Nectra is a novel lending protocol that allows Bitcoiners to borrow Bitcoin-backed stablecoins using only Bitcoin as collateral. No custodians, no rehypothecation, & no exorbitant fees. 🧵
Why ₿apps built on @citrea_xyz are about to redefine Bitcoin: - Bitcoin without apps: just an asset - ₿apps introduce utility: stablecoins, loans, trading, etc. -ZK-rollup mean scalability and lower fees -Real-world examples (@crest_btc, Nectra, @SatsumaDEX) - @tanaribtc…
Why ₿apps built on @citrea_xyz are about to redefine Bitcoin: - Bitcoin without apps: just an asset - ₿apps introduce utility: stablecoins, loans, trading, etc. -ZK-rollup mean scalability and lower fees -Real-world examples (Crest, Nectra, Satsuma) -Tanari as the everyday…
We just shot past 1k followers! Welcoming you all to the future of Bitcoin-backed loans. 🚨 Reminder: Nectra’s Points Campaign is already live on testnet and you can already start earning points. More details on how to get started can be found below.
Today, we’re releasing a guide for getting started with Nectra on Citrea testnet and announcing the Points Campaign. Try out Nectra to see how you can easily borrow nUSD, Nectra’s Bitcoin-backed stablecoin, with Bitcoin. 🧵
Citrea's Testnet Campaign just went live! Now is your chance to get some early exposure to the Citrea ecosystem. We have a limited number of access codes to give away - more details available on our Discord server. Get 'em while they're hot!
Citrea Testnet Campaign is Live! The “Unfreeze ₿apps” campaign is our way of: - Getting ready for the mainnet. - Showcasing the power of ZK and Bitcoin. - Celebrating the first ₿apps built on Citrea. Bitcoin's application layer is unfreezing 🫠 bapps.citrea.xyz
Unfreeze ₿apps for Citrea Mainnet 🧊 We're on the brink of launching Bitcoin's first ZK rollup. It's time for our community to explore what we’ve built. Leave your mark on our journey to mainnet. Join the campaign now: bapps.citrea.xyz (1/6) 🧵
.@nectraxyz lets anyone get leveraged BTC (<5.68x) fully on-chain; no custody, no KYC. It’s arguably the most sound stablecoin (in both backing & design), a bitcoin-backed loan protocol, and a leverage platform all in one. Easily the top 3 narratives atm. Wild.