Berra

Running bitcoin

Galactic Punks Treasury Distribution - Round 1 is live. To receive your share: • Stake your GP • Vote on the proposal No stake + no vote = no distribution. 4 rounds. 1 per week. This is Round 1. Vote here 👇 daodao.zone/dao/terra1wyng…

1/ WIND-DOWN OF THE QUARKS WARCHEST - UPDATE After consolidating the Warchest funds, we have reached a total of 3.6 WBTC to be distributed to holders. - 59% to GQs: 2.124 WBTC - 41% to GPs: 1.476 WBTC Funds will be divided into 4 weekly distributions 👇

WIND-DOWN OF THE QUARKS WARCHEST - UPDATE After consolidating the Warchest funds, we have reached a total of 3.6 WBTC to be distributed to holders: - 59% to GQs: 2.124 WBTC - 41% to GPs: 1.476 WBTC For both collections, the funds will be divided into 4 weekly distributions, as stated in the previous announcement and in the Medium article. Regarding the GQs, distributions will be executed directly through DAODAO (Quarks Yield DAO), so you just need to stake them there: 🔗 daodao.zone/dao/neutron12e… GQs DISTRIBUTION TIMELINE - March 23: Distribution #1 (0.531 WBTC) - March 30: Distribution #2 (0.531 WBTC) - April 6: Distribution #3 (0.531 WBTC) - April 13: Distribution #4 (0.531 WBTC) The date of the first distribution is approaching, so if you haven’t staked your GQs yet, do it ASAP! Link to the Medium article: 🔗 @galactic.quarks/an-orderly-wind-down-of-the-quarks-warchest-23872ca023fd" target="_blank" rel="nofollow noopener">medium.com/@galactic.quar…

WIND-DOWN OF THE QUARKS WARCHEST After extensive internal discussion and reflection, we have concluded that the most responsible next step is to wind down the Quarks Warchest in a transparent, and structured manner, returning capital directly to active members of the Galactic community. This Medium article explains in detail why we are doing this, how the distribution methodology was determined, the distribution timeline and how to claim: @galactic.quarks/an-orderly-wind-down-of-the-quarks-warchest-23872ca023fd" target="_blank" rel="nofollow noopener">medium.com/@galactic.quar… KEY POINTS: - The Quarks Warchest will be split between GQs and GPs. - In order to receive your share, you must stake your GQs and GPs to their relevant DAOs. The Galactic ecosystem has spanned chains, cycles, and technologies. Ending this chapter responsibly is in the best interest of the Galactic brand and community. On behalf of the entire team, we are deeply grateful for the support, belief, and participation over the years.

BITCOIN SUMMER PHASE 1 YIELD - DISTRIBUTION TO STAKERS #btc The remaining portion of the Bitcoin Summer Phase 1 Yields ($16k+) have been distributed to Quarks Yield DAO stakers ☯️ - 13,137 USDC - 0.04609556 WBTC ➡️ Quarks Yield DAO: daodao.zone/dao/neutron12e…

BITCOIN SUMMER PHASE 1 YIELD - DISTRIBUTION TO STAKERS As previously announced, we will soon distribute the remaining rewards accumulated during Bitcoin Summer Phase 1 to Quarks Yield DAO stakers. ⏳WHEN: SUNDAY, MARCH 1st, 2026 This will be a big one, as $16k+ in USDC and WBTC will be distributed. The absolute recommendation is to STAKE ALL YOUR GQs as soon as possible so you don’t miss it. ➡️ Quarks Yield DAO: daodao.zone/dao/neutron12e… NOTE: the distributed funds will not arrive directly in your wallet, they must be CLAIMED from the Home tab of the Quarks Yield DAO. Don’t forget!

The Quarks Warchest generated over $10K worth of revenue in Epoch 1 of @neutron_org's BTC Summer. There will soon be some mega distributions to Quarks Yield DAO ☯️ To receive your share of the yield, your Galactic Quarks must be staked! ➡️ daodao.zone/dao/neutron12e…

⚠ ATTN DELTA NEWTRAL VAULT DEPOSITORS If you have been enjoying the juicy USDC yield, this is for you. tldr: vault was effected by the Mars exploit on Dec 14th, there is a relief plan from Neutron Foundation, vault is shutting down For the full details, see below 👇

🛰️ Heads-up on upcoming USDC market migration Ahead of the upcoming USDC market migration and haircut execution, we want to clarify what this means for borrowers. As part of the mitigation measures introduced earlier, the maximum borrow LTV was reduced (from 92% to 60%) to limit new borrowing ahead of the haircut. This was done to prevent accounts from increasing exposure beyond the forecasted haircut. The liquidation LTV was not adjusted at that time. When the haircut is applied during the migration, accounts that are currently borrowed above the safe threshold may enter liquidation, as their collateral value will be reduced accordingly. This mainly affects positions that remained above the reduced borrow limits. USDC deposited as collateral is not subject to the haircut, as it does not count as lent USDC. This is why USDC deposits remain open via Fund Credit Account. Following the migration, we also expect significant USDC withdrawals, which may temporarily drive utilization higher and cause sharp increases in borrow interest rates until the market rebalances. To give users time to adjust, we plan to provide a ~24 hour notice window before executing the migration, during which affected users can repay or rebalance their positions if needed.

BTCFi Livestream: New Year Edition x.com/i/broadcasts/1…

🛰️ $USDC Market Update (Follow-Up) As part of our ongoing response to the recent incident on Mars, we’ve implemented additional temporary adjustments to the $USDC market to prevent the system from becoming stuck and to allow an orderly resolution of the situation. What changed: - $USDC interest rate parameters were adjusted again, restoring the previous slope configuration at high utilization - $USDC withdrawals from the Red Bank have been temporarily disabled - Deposits, borrows, and repayments remain enabled Due to extreme utilization, the availability of $USDC became constrained, which risked worsening market conditions and increasing bad debt. Temporarily disabling withdrawals also prevents unfair first-come-first-served access to any repaid debt while remediation is in progress. These measures are temporary and focused on protecting users and ensuring a fair outcome for all participants. $USDC withdrawals will be resumed once the outstanding bad debt has been addressed using the Safety Fund. We’ll continue to communicate transparently as the situation evolves. A full post-mortem and recovery plan will follow as soon as possible.

🚨 Mars Protocol Incident Notice We are aware of a serious security incident involving the Mars Perps Market. Our team initiated an immediate investigation and has already disabled all perps-related contracts and halted new activity, preventing any further impact. Users can still reduce existing positions; some withdrawals may be temporarily unavailable due to market utilization. This incident is isolated to Mars Perps. Amber Finance contracts and operations are not affected. We are continuing to assess the situation alongside our engineering, risk, and security teams. A full post-mortem, including next steps and user guidance, will be shared as soon as our analysis is complete. Protecting users is our top priority. Thank you for your patience as we work through this.

Neutron just crossed the $50M TVL threshold, of which >$40M in cold hard BTC. This is actually understated as @StructuredFi's maxBTC is not yet counted in Neutron TVL. The financialization of Bitcoin is happening on Neutron.

@amberfi_io's TVL just did an 8×, led by uniBTC, reaching $32M+ Bringing large amounts of capital onto a new chain is a long and complex process, especially when it comes to BTC liquidity, but the efforts of incredible teams like @mars_protocol and @neutron_org are being recognized more and more every day. Congrats, we're just getting started 🍸

If you send me your $BTC I will pay you 2% of your bag up front, and return all of your BTC back to you in 2 months. 12% yield on BTC, ez.

maxBTC has maintained a steady upward trajectory as BTC-denominated returns accumulate through the JLP BTC-Neutral strategy. Since deployment in late October, the exchange rate has appreciated by 56 basis points relative to BTC. Oct 23 - Dec 4 performance: - Exchange rate +56 bps - Average strategy APY 5.76% Public performance dashboard coming soon.

A new Galactic Raffle is live on GQ discord 🎟️ 🔗 discord.gg/galactic-quarks - Prize: 4,000 $NTRN - 4 Winners / 1,000 $NTRN each Let’s celebrate @neutron_org culture together!