
Troves builds DeFi Strategies on @Starknet. Automates yield that do the heavy lifting for you! π Best place for BTC yield βΏ βΏ βΏ
Joined March 2024
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Celebrating 2 years of Troves, Saylor style...
With Troves 2.0 it's time we re-invent the wheel of stacking up BTC
Introducing YOLO vault
Here is everything you need to know π§΅
The three biggest APY moves on Troves in the last 30 days all have STRK on one side of the pair.
1. STRK/ETH: [168%] to [319%]
2. STRK/USDC: [89%] to [223%]
3. strkBTC/STRK: [0%] to [36.9%]
STRK rose [257%] over the same window. These vaults run concentrated liquidity on @EkuboProtocol, which earns on the volume that passes through its range, and a fast STRK move sends more volume through STRK pairs than through anything else on Starknet.
The figures are trailing fee APYs, annualized. They reflect how much STRK traded recently, not a rate the vault locks in.
The cost sits in the inventory. A STRK/USDC position sells STRK into the rally as price moves through its range, so after a [257%] run the vault holds more USDC and less STRK than it started with. [The vault re-centres its range automatically], which keeps it earning fees, and every re-centre during an uptrend locks in part of that shift. The fees are the payment for it.
Hyper xSTRK sits on the other side of that choice. It loops xSTRK on @vesuxyz, borrowing STRK against xSTRK, so collateral and debt move together and the price run doesnβt push the position toward liquidation. Net exposure stays at one unit of STRK per unit deposited. Yield is paid in STRK, [22.2%] now against a 30-day average of [18.0%].
To hold the move, Hyper xSTRK keeps the position denominated in STRK. To earn on the volatility, the STRK-paired LP vaults carry the fees, at the cost of selling part of the upside.
bitcoiners worry about quantum more than anyone.
a chain built for it, with your BTC earning yield on top.
that's the endgame.
we'll be compounding till then.
WBTC Boosted, three weeks in.
Every step on this chart is a harvest landing. the share price moves when yield gets absorbed into the vault. the staircase is the strategy working exactly as designed.
WBTC collateral posted, STRK borrowed, yield swept back and compounded in BTC terms.
Steady compounding around 6% APY on bitcoin. deposit and let the vault handle the rest.
Boring charts are the goal.
app.troves.fi/strategy/wbtc_β¦
Update: we're winding down the Hyper BTC vaults for now.
This covers the full line: Hyper xWBTC, Hyper xtBTC, Hyper xsBTC and Hyper xLBTC. Deposits are disabled on all four starting today. Withdrawals stay open with no deadline, exit whenever suits you. Funds are safe and redemptions run as normal.
We'd rather concentrate liquidity where it compounds properly than keep strategies open that are not performing currently.
Hyper xSTRK is not affected and stays live. Your BTC still has work on Troves: WBTC Boosted stays live, routing Bitcoin collateral through the Hyper xSTRK engine, and the Ekubo BTC LP vaults keep running.
When BTC depth on Starknet catches up, the loops come back. Until then keep pushing your STRK to Hyper xSTRK.
If you have any questions, raise a ticket on Telegram (t.me/+B8Cvb-D8b18yZjU1) or Discord (discord.com/invite/RSkDDyfC4β¦). Happy to answer all your questions.
10-11% APY on your xSTRK. deposit and the vault handles the rest. loops ethereum:0xca14007eff0db1f8135f4c25b34de49ab0d42766
collateralizes on @vesuxyz compounds automatically.
63% capacity filled. 9.4M xSTRK already deposited out of 15M cap...
the simplest way to put your staked STRK to work on @Starknet
try it β app.troves.fi
HyperxSTRK is 69% full, 10.3M xSTRK in...15M cap...
apy running 11%
deposit once...
it compounds itself
app.troves.fi
defi shouldn't feel like a full time job.
pick a strategy. deposit. the vault handles the rest
looping, rebalancing, compounding
from stables to btc to xstrk
check new strategies here -> app.troves.fi/
$29.5K and still counting
it's out. WBTC Boosted is live βΏ
one deposit, full loop running underneath:
β your WBTC gets posted as collateral on @vesuxyz
β the vault borrows STRK against it
β swaps that STRK to xSTRK on @avnu_fi
β stacks the xSTRK in the Hyper-xSTRK vault, where it compounds
So you're earning staking yield on borrowed STRK while your WBTC keeps backing the position. That spread is the boost. ~6.86% APY at launch, and it rebalances itself so you never touch the loop.
The guardrails:
β curated by @unwraplabs , audited
β target health factor 1.40, room before anything gets close to liquidation
β redemptions clear in 1-2 hours
your WBTC was never meant for cold storage.
Deposit and Earn with @trovesfi
check here -> app.troves.fi/strategy/wbtc_β¦
Troves (BTCFi π) πΊπ retweeted
Replying to @StarkWareLtd @imani_kevin
6/ Troves launched a new WBTC vault.
Users can now access this advanced looping strategy in a single click.
it's out. WBTC Boosted is live βΏ
one deposit, full loop running underneath:
β your WBTC gets posted as collateral on @vesuxyz
β the vault borrows STRK against it
β swaps that STRK to xSTRK on @avnu_fi
β stacks the xSTRK in the Hyper-xSTRK vault, where it compounds
So you're earning staking yield on borrowed STRK while your WBTC keeps backing the position. That spread is the boost. ~6.86% APY at launch, and it rebalances itself so you never touch the loop.
The guardrails:
β curated by @unwraplabs , audited
β target health factor 1.40, room before anything gets close to liquidation
β redemptions clear in 1-2 hours
your WBTC was never meant for cold storage.
Deposit and Earn with @trovesfi
check here -> app.troves.fi/strategy/wbtc_β¦
try USDC boosted yourself
stablecoin yield is a function of borrow demand. On @Starknet, native stablecoin borrow demand is still thin, so base lending APY sits well under what the chain's staking layer pays.
that is the gap: deep stablecoin liquidity, shallow native yield to put it to work.
closing that gap is what we build for: pulling more stablecoin liquidity off the sidelines and into productive Starknet DeFi.
USDC boosted is the next vault doing it. Live at 7.7% APY.
the mechanism decouples your stablecoin yield from stablecoin borrow demand and ties it to STRK staking instead:
- USDC supplied as collateral on @vesuxyz
- STRK borrowed against it
- Swapped to xSTRK via @avnu_fi
- Deposited into the Hyper-xSTRK vault
your return is the spread between xSTRK staking yield and the STRK borrow rate, levered against the USDC collateral, on top of the base supply rate. The borrowed leg is close to STRK-delta-neutral: the STRK debt and the xSTRK position move together with price, and the staking drift between them is the yield
put your stables on the right side of the spread
check here - app.troves.fi/strategy/usdc_β¦
Troves (BTCFi π) πΊπ retweeted
2/ @Nadai02010 completed the Bronze Depositor quest using @endurfi + @trovesfi and earned 133 SATS rewards.
Start farming on brove.io
xitter.cf/Nadai02010/status/2063β¦
πΎ Just completed the "Bronze Depositor" quest on Brove.io farming with @endurfi + @trovesfi !
π₯ Achievement Unlocked
π° Earned 133 SATS rewards
Start farming and earning on Starknet with @just_brove_it! π
25% already utilized.. 100% soon?
it's out. WBTC Boosted is live βΏ
one deposit, full loop running underneath:
β your WBTC gets posted as collateral on @vesuxyz
β the vault borrows STRK against it
β swaps that STRK to xSTRK on @avnu_fi
β stacks the xSTRK in the Hyper-xSTRK vault, where it compounds
So you're earning staking yield on borrowed STRK while your WBTC keeps backing the position. That spread is the boost. ~6.86% APY at launch, and it rebalances itself so you never touch the loop.
The guardrails:
β curated by @unwraplabs , audited
β target health factor 1.40, room before anything gets close to liquidation
β redemptions clear in 1-2 hours
your WBTC was never meant for cold storage.
Deposit and Earn with @trovesfi
check here -> app.troves.fi/strategy/wbtc_β¦
Troves (BTCFi π) πΊπ retweeted
it's out. WBTC Boosted is live βΏ
one deposit, full loop running underneath:
β your WBTC gets posted as collateral on @vesuxyz
β the vault borrows STRK against it
β swaps that STRK to xSTRK on @avnu_fi
β stacks the xSTRK in the Hyper-xSTRK vault, where it compounds
So you're earning staking yield on borrowed STRK while your WBTC keeps backing the position. That spread is the boost. ~6.86% APY at launch, and it rebalances itself so you never touch the loop.
The guardrails:
β curated by @unwraplabs , audited
β target health factor 1.40, room before anything gets close to liquidation
β redemptions clear in 1-2 hours
your WBTC was never meant for cold storage.
Deposit and Earn with @trovesfi
check here -> app.troves.fi/strategy/wbtc_β¦
stablecoin yield is a function of borrow demand. On @Starknet, native stablecoin borrow demand is still thin, so base lending APY sits well under what the chain's staking layer pays.
that is the gap: deep stablecoin liquidity, shallow native yield to put it to work.
closing that gap is what we build for: pulling more stablecoin liquidity off the sidelines and into productive Starknet DeFi.
USDC boosted is the next vault doing it. Live at 7.7% APY.
the mechanism decouples your stablecoin yield from stablecoin borrow demand and ties it to STRK staking instead:
- USDC supplied as collateral on @vesuxyz
- STRK borrowed against it
- Swapped to xSTRK via @avnu_fi
- Deposited into the Hyper-xSTRK vault
your return is the spread between xSTRK staking yield and the STRK borrow rate, levered against the USDC collateral, on top of the base supply rate. The borrowed leg is close to STRK-delta-neutral: the STRK debt and the xSTRK position move together with price, and the staking drift between them is the yield
put your stables on the right side of the spread
check here - app.troves.fi/strategy/usdc_β¦
it's out. WBTC Boosted is live βΏ
one deposit, full loop running underneath:
β your WBTC gets posted as collateral on @vesuxyz
β the vault borrows STRK against it
β swaps that STRK to xSTRK on @avnu_fi
β stacks the xSTRK in the Hyper-xSTRK vault, where it compounds
So you're earning staking yield on borrowed STRK while your WBTC keeps backing the position. That spread is the boost. ~6.86% APY at launch, and it rebalances itself so you never touch the loop.
The guardrails:
β curated by @unwraplabs , audited
β target health factor 1.40, room before anything gets close to liquidation
β redemptions clear in 1-2 hours
your WBTC was never meant for cold storage.
Deposit and Earn with @trovesfi
check here -> app.troves.fi/strategy/wbtc_β¦













