Decal — Stablecoin commerce

Today we're launching Decal Treasury. Your idle cash now earns automatically — and that yield funds a loyalty program that pays for itself. One toggle. New revenue. Zero work. Here's the whole idea 🧵

@stevensarmi We shall make it so!

Im honored that someone thinks im a kingmaker, I should tweet more i guess. This is a prestigious position to be in, I will not take this lightly. As my first rule as king, I suggest you use platforms on Solana that I find awesome and or genuinely good community members to promote. futures/spot/borrow/Lending: - @FlashTrade - @Titan_Exchange - @PhoenixTrade - @JupiterExchange - @omnipair - @kamino Neobank - @fusewallet - @avici Wallets - @solflare - @phantom - @Backpack Governance - @MetaDAOProject (futardio 4 lyfe) - @realmsdaos Privacy Wallets + more - @loyal_hq - @UmbraPrivacy Staking and yeild - @sanctumso RPCs you should be using - @Helius (even tho mert hates me) - @triton_one (love you brian) and one i genuinly never heard of before I interacted with @CloakdDev - @FluxRPC , maybe give it a go? Some up and comers that have popped in my dms and feed that I think they are good people/companies to look out for as the space grows again. - @Axis_pizza - @unruggable_io - @cesto_co - @DinarioApp - @ThePocketApp (get it out there bro) - @useDecal ( i want to see more of you in my feed) - @tributaryso (i still want subs in commerce kit 🙃) I knight you now as made by kings, go forth and bring liquidity unto this sacred space, push forth capital internet markets to the general population, for thee is now christened by thy foundation of chewed glass crystalized and draped in the finest of dirt. You all may succeed now.

stablecoins moved trillions of dollars. almost none of it went through a real merchant checkout. @useDecal is building the missing layer: payments, stored value, and loyalty infrastructure. integrated with existing POS hardware. founded by @nickfrosty and @joshfried. They are part of the @colosseum cohort 3 decal.link

@solana Big wins for the week across the board

Mastercard introduced always-on stablecoin settlement on Solana, Backpack announced a tokenized brokerage, and $716M of RWA capital flowed in last month, more than any other network. While the market looked one way, the institutions and builders kept shipping. Here’s everything that happened: 📰 Headline News - @Mastercard introduced always-on stablecoin settlement on Solana - @Backpack announced Backpack Securities, merging traditional brokerage with Solana-native tokenization - @SolanaFndn launched native Subscriptions and Allowances for delegated spending and recurring billing 📰 Launches - @moonpay introduced the MoonAgents Desktop App, connecting ChatGPT or Claude so AI agents can pay onchain - @sunrise, @MeteoraAG and @BedrockFndn teamed to launch Dynamic Assets - @SolanaFndn announced dedicated support for teams building fully onchain perpetuals and supporting infrastructure - @bulktrade activated Season 1 with pre-deposits now open - @ORE deployed a quantum-safe smart wallet to secure ORE holder and staking assets from quantum threats - @craftsdev introduced equity-linked tokens, enabling onchain exposure to real company outcomes - @useDecal debuted Decal Treasury, featuring automated yield engine that funds integrated corporate loyalty programs - @axelar went live on Solana to enable cross-chain messaging and programmable asset transfers - @PhoenixTrade launched mobile trading and cross-chain deposits - @raikucom activated rkuSOL, an LST that routes three distinct streams of AOT and JIT auction revenue back to stakers - @JupiterExchange rolled out TCG credit features on Jupiter Offerbook, utilizing @phygitals and @Collector_Crypt - @moonshot released Moonshot Packs, bringing physical trading card experience onchain - @packs_supply launched a collectibles SOV that rewards stakers with physical packs - @Paytrie expanded the Canadian dollar stablecoin to Solana - @strongholdpay expanded its SHx token network to Solana via @axelar - @paj_cash debuted v2 of its payment platform, enabling account-based Web3 off-ramps - @lava_xyz released Lava Card, a zero-annual-fee Visa debit card - @Dyadnum launched a WhatsApp-native trade engine to streamline cross-chain asset routing - @UmbraPrivacy launched its privacy-focused web interface - @zodial_xyz shipped a portfolio-margin lending protocol - @Certora formally verified Solana’s P-token upgrade - @MonkeFoundry opened Cohort 2 applications, closing June 12 - @BitRobotNetwork announced applications for its robotics laboratory program - @jaileddotfun launched Jailed, an onchain prison simulator game deployed on Solana - @gachasports shipped a sports-led gacha platform - @predikt_gg announced bringing cross-market access and leverage to @solana prediction market users - @rektdrinks released SOL Berry, a Solana-themed sparkling water 📰 Milestones - @solana led onchain collectibles markets with ~60% of total volume - @Raydium crossed $2B in cumulative trading volume for tokenized equities - Solana recorded the largest RWAs net capital inflow across chains in May crossing $716M - @KASTxyz won Best Digital Assets Fintech at BeInCrypto Institutional 100 Awards - @kamino's xStocks market surpassed $30M in total market size - @solanamobile crossed 1K live apps on the dApp Store - @helium_mobile, the consumer carrier built on Helium's Solana-based network, was acquired by Andrew Yang's @joinnoblemobil If you enjoyed this week’s newsletter, please share it with an RT.

@redacted_noah @Seb_Moriarty @DriftProtocol Huge.

While it's been an epic few years at Helium, I couldn't resist the call of another migration-level challenge. Those of you who know me know I can't resist chewing some glass. As such, I am going to join @DriftProtocol team and help them relaunch. Why? Because I genuinely believe that Drift provides a valuable set of primitives to the ecosystem and is worth saving. This is also the best path to funding user recovery; we must build something so useful it can generate the revenue needed for the recovery pool. Tall order. The landscape has shifted. Trust is eroded. Things that are worthwhile are rarely easy, and this is no exception. I fully acknowledge I could be applying for a job at Wendy’s in 6 months. Everyone has forks in the road in their careers, easier paths vs harder paths. I have chosen the harder path at every turn; and it has paid off. Not every swing hits, but even in failure you massively level up your skillset. My focus is on improving the security stance of Drift, getting it relaunched, then turning it into the best perps exchange in existence: First, that means working with STRIDE to ensure we're following the best multisig and opsec practices. I won’t be taking this endeavor alone, the chads at @asymmetric_re and @osec_io have been incredibly helpful and continue to be deeply involved in auditing both new code and new operational practices. Security does not come from one individual, it comes from cultivating a culture of security and having outside professionals continuously verify that work. Second, I am overhauling the codebase (within reason). Over the years it has picked up a large set of features, many of which no longer need to be used. The protocol has solid bones, but tight coupling has led to a buildup of tech debt that is easier to fix during this downtime. Third, I want to build multiple levels of security and circuit breakers into the protocol. DeFi protocols must be structured to limit the ability of a single incident or contagion to create havoc. I will be thinking from the perspective of defense-in-depth; there should be layers of protection to prevent incidents like the April 1st hack. The program should reject suspicious changes even if they come from an operational multisig. Lastly, and more long term, I want Drift to become the most compelling perps exchange on the market. I am very much looking forward to entering the arena that is perps on Solana. It is an honor to be competing with the chads on all the other teams (Phoenix, Bulk, Gm, Imperial, Pacifica, etc). Steel sharpens steel, and I eagerly await the firehose of knowledge over these next few months. Solana needs as many shots on goal as it can get. One (or many) of us will win.

We hear there are going to be some new experiences this year around the London @hackerhouses 👀

@bill_papas_12 zero work, instant revenue unlock

@useDecal zero work !!

Today we're launching Decal Treasury. Your idle cash now earns automatically — and that yield funds a loyalty program that pays for itself. One toggle. New revenue. Zero work. Here's the whole idea 🧵

@sffutures Currently between 5-8% depending on how the merchant configures it

@useDecal What kind of APY we talking about here?

Idle merchant cash usually just sits there. @useDecal gives it a job: balances earn yield the moment they land, and that yield covers the loyalty program.

@qubitn8 Exactly, you get it 🧠

@useDecal very powerful, as loyalty systems are not just a bleed on margin the are a bleed on the balance sheet bc they are liabilities with legal priority

@Sora_i_guess Just as cool as dinosaurs?

@useDecal Extremely cool

@Seb_Moriarty Thank you ser

@useDecal Love this! Great feature add guys.

@0xSlyth Thanks, we think so too

@useDecal genius

@DegentlemanJohn Put that money to work!

@useDecal your money should work for you tradfi could never

@ArtDYOR @solana build build build ship ship ship

@useDecal @solana Builders keep building 💎

@0xAmol @solanaspaces there is always some amount of risk when interacting with and storing funds in smart contracts and protocols. the name of the game is reducing risk as much as possible by using well established protocols with multiple security audits from multiple credible firms

@useDecal this is very cool. we were pitched this for @solanaspaces many times from other companies. an you explain to us the risks associated with this style of yield?

@joshyote @lagunacarta It's @useDecal isn't it?

there is a sleeping giant sitting on solana rn

@criptolawyer 👀

@useDecal Dmed y ❤️

@uselulo 👀👀👀

🧐🧐🧐

@karter_web3 exactly. turning a common cost center for merchants into a perpetual profit center

@useDecal idle cash yield paying for loyalty

@_CryptoZee we think so too :)

@useDecal innovative cash solution 💡