Plaza Finance

@plazafinance

577 Following

13765 Followers

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We built bondETH because there is a huge gap between stablecoins and assets like ETH 🌏 Many investors need an asset that is more stable than ETH, but also need more yield than stablecoins offer 🧐 bondETH is a high-yield bond backed by ETH LSTs and LRTs 👑 More yield than a stablecoin, less volatility than ETH 🤝 The perfect asset to weather a storm 🤙 Learn more here: https://docs.plaza.finance/plaza-assets/bondeth-an-ethereum-backed-bond 📚

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@unhedged21 yapping about Plaza, the market, and the future 👇 https://youtu.be/hDLBDdxfSsg

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There is nothing more bullish than Plaza deposits growing even when the market is down 📈 Lock in 20% APY on ETH in Plaza Incentives 🔒 Now isn't the time to sell. It's the time to layer on additional yield 🤝 http://deposit.plaza.finance 👈

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bondETH is a high yield bond backed by ETH LST and LRTs that pays USDC yield 🧐 It is designed for people who want a decentralized asset that provides stability and USDC income to fight inflation 🤝 Overcollateralized by high quality decentralized assets ✅ Cross-chain composable ERC20 representation ✅ Market price/yield discovery to always remain competitive ✅ Permissionlessly creatable or redeemable with any asset ✅ Outside of the reach of governments and institutions ✅ Learn more about bondETH and programmable derivatives here: https://docs.plaza.finance/plaza-assets/bondeth-an-ethereum-backed-bond

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~$2bn liquidated in perpetual futures in the last 2 days... ❌ levETH solves this ✅ Liquidation free, cross-chain composable, and asset-backed 🤝 This is the power of Plaza and programmable derivatives - learn more here: https://docs.plaza.finance/plaza-assets/leveth-levered-ethereum 📖

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Deposits are growing daily 📈 Every day you wait, you miss out on 20% APR in Plaza incentives and a 0.01x multiplier for seeding liquidity for bondETH and levETH with ETH LSTs and LRTs... ⏰ This will be big and you're early 🤝 deposit.plaza.finance 👈

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Plaza must succeed 🫡 Savers deserve high yield bonds (like bondETH) that can't be manipulated by governments and institutions 🤝 Long term bulls deserve leverage (like levETH) built for the long-term - liquidation-free and market set ✅ All assets should be on-chain, decentralized, and composable 🦅 Learn more about how Plaza enables this here: docs.plaza.finance

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Plaza is the platform for decentralized and composable bonds and leverage 🤔 bondETH is a high yield bond that pays USDC yield 🏦 levETH is levered exposure to ETH without the risk of liquiditation 🚀 More below 👇

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Referrals earn you 10% of the points of the people you refer (additive only) in Season 1 👀 Who do you know who can benefit from 20%+ yields on ETH LSTs and LRTs? 🤔 Your unique referral link can be found here: https://deposit.plaza.finance/rewards 🤝 Real friends want to see their homies win 👑

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No April Fools jokes from us ❌ Just building a better financial system... 🤝 ... and paying 20%+ APY at a reasonable FDV for depositing liquidity to bootstrap it 📈 http://deposit.plaza.finance 👈

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Plaza is enabling a world where anyone can permissionlessly access superior financial products that were previously gated to the world's largest institutions through direct relationships with investment banks 🌎 bondETH (decentralized high yield bond that pays USDC income) and levETH (liquidation free leverage on ETH) are the first step. They are asset backed and composable composable across DeFi 🤝 The next step is any structure on any asset 👀

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🛠️Maintenance Alert 🛠️ Plaza Deposits were paused for 1 hours while the team investigated a suspicious transaction 🤔 Deposits are now unpaused. All funds deposited into Plaza are safe, and deposits are back open 🎉 Plaza Deposits were exploited for $14k, impacting 5 users who had deposited into Plaza who also had active unlimited spending approvals on PancakeSwap. If you did not have an active infinite approval on a DEX, you couldn't have been affected 😢 The exploit was possible due to a permissions issue on the Deposit contract. The Plaza Deposit Contract has been upgraded by Plaza's Governance Committee. 🤝 Plaza has reimbursed the 5 users who were impacted by the exploit out of the Plaza Treasury 🙏 More details on the exploit vector used here will be shared shortly. Plaza is committed to protocol safety and underwent audits with Zellic and Sherlock. We fell short here but will be better 🫡

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🚨 Milestone Alert 🚨 Plaza has reached $1,000,000 in deposits in the first 4 days of Season 1 🎉 Over 2,500 unique humans have deposited on Plaza 🤝 All depositers get a 10% Points bonus when the $10m cap is reached 👀 Momentum is building... this will be big 📈

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Here is how to get the Plaza-supported assets, bridge them to Base, and deposit them in Plaza 👇 You earn 10 Plaza Points / $ deposited / day + 0.01x multiplier for each day deposited. This is a 20% APY in Plaza incentives on your ETH LST and LRT deposits on top of the 2-5% staking or restaking yield 👀

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Plaza Season 1 deposits are now featured on @roycoprotocol 🎉 You can participate in Plaza deposit incentives for WETH, wstETH, cbETH, rETH, weETH, ezETH, and wrsETH on Base through Royco 🤝 25% APY in Plaza Points at an attractive FDV on top of ETH staking and restaking yields 👀 Links below 👇

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🚨 Plaza deposits are live! 🚨 Deposit WETH, wstETH, cbETH, rETH, wrsETH, weETH, or ezETH into Plaza on @base mainnet and earn 10 Plaza Points per $ per day (20%+ APY) 🎉 Deposits are capped at $10m and are first come first serve 👀 Here is the link: https://deposit.plaza.finance 🤝

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Congratulations to all Plaza Finance testers! 🎉 The Pre-Season is over. Season 1 starts at 2 pm ET 👀 https://deposit.plaza.finance/ 👈

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Sunday is a great day to learn about programmable derivatives, bondETH, and levETH ☀️ ...especially since Plaza mainnet deposits open TOMORROW AT 2 PM ET 👀 Start here: http://docs.plaza.finance 📖

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Plaza will support rsETH as an underlying asset backing bondETH and levETH at launch 📈 We’re excited to work with Kelp DAO on advancing the composability of the decentralized financial system 🤝

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