Gyndore

Bitcoin backed dollars for the onchain era. Lock $cbBTC, mint $gynUSD, and unlock liquidity & yield on Base without ever selling your Bitcoin. Welcome to Gyndore.

@based_elnen @carlosjmelgar Well done! 👏

We made it to the X news again. Base AI narrative is spreading. This is what happens when we push together.

@buildonbase Simply Based.

No signups No API keys No human input x402 payments are now supported on the Zerion API. You agent can access portfolio balances, token prices, DeFi positions, and PnL for 1 cent:

@Zartsnarf @carlosjmelgar @base Less Noise, More Sats 🧡💙

@carlosjmelgar @base The first Bitcoin backed stablecoin on base @Gyndore

Looking for @base builders, projects, and traders to interview + amplify! Tag them in the comments 👇

@phtevenstrong @ipor_io Interesting.

🚨Quick Look: Best BTC Yields🚨 Sure, we're down a bit today, but sentiment is shifting. SO, here are some of the best BTC yields available at the moment: 1) @ipor_io's BTC vaults (1%-7% APY) These vaults are "carry trade" vaults. They collateralize BTC, borrow stables, and get yield on those stables. The @reservoir_xyz vault in particular has been a top performer. 2) @gauntlet_xyz BTC Vaults (1-2% APY) Gauntlet has many BTC vaults. But there are a couple that stand out. ➤ Gauntlet BTC Yield: 2% (788K TVL) ➤ Gauntlet WBTC Balanced: 1.73% (3.78M TVL) These two can handle a fair bit of size and are professionally directed by Gauntlet's curation mechanisms / risk parameters. 3) @avantprotocol savBTC / avBTCx (3-5% APY) I feel like I still need to say, everytime I mention Avant, that we once were fairly scared about them because they used a greybox mechanism. But they've been fully transparant for months now, and that's given me much more confidence in their strategy and performance. And they're in S1 still IIRC. Anywho, they have a two-tranche mechanism, which is currently yielding 3.78% on the senior tranche and 4.75% on the junior tranche. Most of the exposure is in @ZestProtocol on @Stacks, so please make sure you are okay with the exposures before depositing. 4) @yield yoBTC Vault (11% APY) This one is interesting because the base yield is actually fairly conservative, BUT there's 10% in added APY via incentives. The benefit of Yo, in general, is that all strategies are transparent, as well as all rebalances, which minimizes any trust concerns / greybox concerns. 5) @Uniswap WBTC/LBTC LP (7-10% APY) I love this one, but it's mostly for tick-snipers or those with more sophisticated CLP management systems. There's only 250K in TVL now, as it seems this 1bps fee tier semi-recently vamp-attacked the 5bps pool which still has 7M in TVL. You have to stay within 1-2 tick range to benefit from the higher APR. Note 1: I'm an Ipor ambassador Note 2: This would have been better formatted as an article, but didn't want to give you article fatigue. If you guys prefer articles all the time, please let me know in the comments below.

@BaseJunkie_ @base @burnfatdotfun @namdotxyz @sangwnam71 Thank you for having us, It was a fun chat 🤝🧡

11am and I've finished the second @base batch builders recording of the morning. Feeling inspired by the builder energy! Interesting projects coming from @Gyndore & @burnfatdotfun Will be posting the episode with @namdotxyz / @sangwnam71 tonight at 7pm UTC Builders support builders 🤝🔥

@roberrtsun Based* 😁

@Gyndore Bullish

Gyndore is hiring! 🎯 We're looking for someone to lead Business Development If you're deep in DeFi, understand CDPs, and want to help shape how Bitcoin-backed stablecoins grow on Base, we want to hear from you 🫵 Reach out at contact@gyndore.com or DM us.

@baseposting Based 🧡💙

cbBTC growth has been one of the clearest signals on Base. The next step is making that BTC capital more productive without forcing people to sell it. That’s exactly the lane we’re building for. Less Noise, More Sats 🧡💙

@davidtsocy Yes.

Crypto, tradfi, and fintech used to be three industries Now they’re becoming one

@RyanWLD7 Please email us at contact@gyndore.com or send us a DM! :)

@Gyndore cbBTC exploding is the proof that BTC holders on Base want productive capital, not just HODL or sell. Are you primarily looking for Community Managers right now, with higher priority for Gyndore at this stage?

@DaCryptoLady_ Thank you 🤝

@Gyndore Clean structure, clear direction 👌

@nickcryptopro Always. x.com/Gyndore/status…

market feels dead. who’s still shipping?

@PepeNukes Sir, we’re modeled after Liquity and MakerDAO. There is no relation to Terra Luna here at all.

@Gyndore we gonna act like Terra Luna never happened here or….?

@lordjorx "While BTC remains my priority" You love to hear it 🤌🧡💙

The CVX token is officially my new DCA target. I believe investing in cash flow tokens is essential if you are looking for alternatives to Bitcoin. While BTC remains my priority, when it comes to altcoins, I only look for assets that generate real yield and have controlled future inflation. This is why I prefer it over options like YieldBasis, where a 150% annual inflation makes things very difficult. I used @DefiLlama AI to project my earnings based on Convex yields and potential price action. According to Asymmetry Finance data, the average yield over the last two years has been 15%. However, in bull markets, protocols start bribing with real money and yields often climb above 25%. If we assume a linear price move and a $1,000 monthly investment: > At a 15% yield with the current price for 5 years, we are looking at $30,000 in profit. > If CVX only doubles in value, the total jumps to $111,000 (after a $60,000 total investment). This cash flow creates a massive snowball effect. My plan is not to DCA indefinitely, but only as long as CVX stays below $4. The best part about using @asymmetryfin is the liquidity. You aren't locked for the 4 months required by @ConvexFinance, or the 4 years required by @CurveFinance, which is simply too long for my investment strategy.

@CoinbaseDuck @BitGo @coinbase Well said, and we could not agree more. The next step is turning BTC on Base into productive capital through borrowing, stable liquidity, and yield without forcing holders to sell 🤌 x.com/Gyndore/status…

Remember when @BitGo went to sue @coinbase because Coinbase launched $cbBTC? Yes they were scared and they should be. $cbBTC went from nothing to $6.2B market cap almost flipping $WBTC at $8.8B WBTC is 7 years old at this point, $cbBTC is only 1.5 years old.

@CoinbaseDuck @coinbase Nice. Now what protocol are you using to borrow against that BTC? 😁

Hey @coinbase how is it legal to give out $3000 worth of free $BTC? But thank you 💙💙💙💙💙💙💙💙 Use @coinbase and get paid nicely.

@AerodromeFi @ethereum Yes.

Believe in somETHing. Q2.

@purrfect_pixels @HydrexFi @base @Veildotcash @cbventures @Firesidebase Smaller, but one to watch. We’re bringing Bitcoin-backed stability and yield to Base via $gynUSD, and there’s been a solid amount of progress behind the scenes lately. Less Noise, More Sats 🧡💙 x.com/Gyndore/status…

3 Base projects I'm watching this week 1. @HydrexFi - @Base's frictionless liquidity hub. 2. @Veildotcash - zk privacy protocol backed by @cbventures 3. @Firesidebase - Farcaster-native audio spaces app on Base for live voice chats, community firesides, and creator-led discussions Not financial advice, just sharing what caught my eye. What's on YOUR watchlist?