Matas
@matas
1/7 Why we build on Base Coinbase, whose Base app has just launched and is still in Beta, became a $100B company in part because they fight to keep value onchain. @wasabiprotocol is built on that same principle: 🧵
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Matas
@matas
2/7 Real onchain activity Most platforms wrap perps in synthetics that never touch the blockchain. We took the (much) harder path - true onchain positions - because it benefits traders, LPs, depositors and token teams alike.
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Matas
@matas
3/7 Yield with no strings attached Others show off single-digit APYs (then fine-print lockups and fees). Right now our USDC vault is paying 23.8% APY. No middlemen, no lockups, zero fees.
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Matas
@matas
4/7 Points ≠ Yield We don’t inflate APY with incentives. What you see in the vault UI is what you earn. Wasabi Points are upside on top.
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Matas
@matas
5/7 We feel incredibly aligned with the direction Base is taking, and are taking the Base app very seriously. There’s <100 finance apps live today. We're sitting at #17 and building like there will be 10k+ apps. The goal is to take #1 and to not let go.
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