meghna
108 posts

meghna
@megmehta
product @privy_io (prev: @coinbase)




1/ Today, at @stripe Sessions, we introduced digital asset accounts. A new primitive from Privy that lets teams hold, manage, and grow digital assets globally from day one. It’s a shift from wallets to systems for managing money.

Money doesn’t always move at the speed people expect. That’s why we’re partnering with @tempo to reimagine the next generation of payments. Our Head of Crypto, Pierce Harger, shares more on why it matters — and what might come next.

1/ Earn on balances with Privy. Connect app balances to curated DeFi vaults and expand revenue opportunities with just a few API calls. Powered by vault infrastructure with @Morpho, with risk strategies from @steakhousefi and @gauntlet_xyz. Support for @aave and @kamino 🔜



1/ Privy enables treasury teams to access onchain markets with lower latency, without moving funds. With Privy execution wallets, you can: ✔️ Parallelize transactions across wallets ✔️ Remove single-wallet bottlenecks ✔️ Increase throughput Here’s what that unlocks 👇

.@tryramp now brings stablecoin accounts into core financial workflows for 50,000+ businesses, from holding and earning to paying vendors and employees globally. One system for fiat and stable obligations. The future of finance is becoming programmable. Protected by Privy.

1/ From accounts to cards, crypto neobanks may look like any bank today. Under the hood, they’re built on wallets + stablecoins. Here's how @KASTxyz @Uglycash @AviciMoney @brookwellapp are working with Privy to power a new financial stack.



1/ Privy is proud to enable same-day global contractor payments for Gusto, one of the leading payroll platforms powering over 400,000 businesses. With USDC payouts, contractors can get paid faster and more reliably across borders. Protected by Privy.


What if your @pumpcade funds could generate yield while idle? I frequently have crazy ideas pop into my head. I usually do private Proof of Concepts and don't share them, but this one is a little more interesting. This is what the Pumpcade architecture currently looks like... It's simple: - You deposit USDC directly to your embedded platform wallet - When you predict, your funds are transferred directly from the embedded wallet to the market vault - When you claim, your funds are transferred back to your embedded wallet - You withdraw USDC directly from your embedded wallet to your external wallet What if all of your idle USDC could generate yield? Essentially, Pumpcade could maximize the efficiency of your USDC as long as it's not currently sitting in the market vault for an active market. Here's a proposed implementation: - When you deposit USDC into your embedded wallet, it's immediately deposited into Kamino (or another provider) - The USDC generates ~7% yield while sitting in here - When you predict, your funds are temporarily transferred back to your embedded wallet, then immediately into the market vault - When you claim, your funds are temporarily transferred back to your embedded wallet, then immediately deposited back into Kamino - When you withdraw, your funds are temporarily transferred back into your embedded wallet, then immediately withdrawn to your external wallet There's obviously pros and cons to this. Pros: - Your idle capital earns yield as long as it's not actively sitting in an active market vault - This can happen entirely behind the scenes, and everything is executed just in time when you click to deposit/withdraw/claim Cons: - Latency... this obviously adds an extra transaction before you can place a prediction As mentioned above, this is just a crazy idea I thought of this morning. I'm curious to hear people's thoughts on this. A lot of DeFi users love to yap about yield yield yield, especially in the prediction market space, so I thought i'd brainstorm something up.



1/ Earn on balances with Privy. Connect app balances to curated DeFi vaults and expand revenue opportunities with just a few API calls. Powered by vault infrastructure with @Morpho, with risk strategies from @steakhousefi and @gauntlet_xyz. Support for @aave and @kamino 🔜

1/ Earn on balances with Privy. Connect app balances to curated DeFi vaults and expand revenue opportunities with just a few API calls. Powered by vault infrastructure with @Morpho, with risk strategies from @steakhousefi and @gauntlet_xyz. Support for @aave and @kamino 🔜





