Do you know U Bitcoin Thunder Network is the first modular BitcoinFi Layer 3?
When
@CelestiaOrg
supports Arbitrum Orbit, we will use Celestia as our Data Availability layer.
And yes, we will airdrop $YOU to $TIA stakers.
Thank you for the support!
Our LBP has successfully concluded, and we have seeded liquidity on Uniswap.
$YOU Contract Address (on Arbitrum): 0xF93fc7d6508ae2faF8Fc5675e896Bc38d6e7212C
Next step:
Our
@Celestiaorg
powered modular BitcoinFi L3.
#Bitcoin
#BitcoinFi
We are thrilled to unveil U Protocol - a pioneering infrastructure protocol set to revolutionize the Omnichain DeFi Landscape by creating a firm foundation for value-anchored assets.
🧵
The minting of uBTC via BTC.b on Arbitrum is live on frontend.
Proceed with caution as it is public beta right now.
U Bitcoin Thunder Network mainnet deployment next.
The world's first Modular BitcoinFi Layer 3: U Bitcoin Thunder Network has been successfully deployed.
Chain ID: 6868
RPC:
The first step and the most important step.
#Bitcoin
#BitcoinFi
Last chance! The LBP of $YOU on Arbitrum is ending in 3 hours.
Link to the LBP:
Do $YOU know the beta version of the app for minting $uBTC is already live on Arbitrum mainnet?
Our
@Celestiaorg
modular BitcoinFi L3 is next.
Happy
#Bitcoin
ETF day!
LBP of our
#BitcoinFi
protocol is now live on
@FjordFoundry
.
We are building the future of
#BitcoinFi
with $uBTC & our BitcoinFi Layer 3.
📅Jan 10, 7 PM UTC - Jan 14, 7 PM UTC.
🔗 Medium:
🔗 LBP:
U Bitcoin Thunder Network, the first-ever Bitcoin L3, is coming! 🌩️
Powered by
@arbitrum
&
@Calderaxyz
, with future adoption of
@CelestiaOrg
.
Deployment ongoing, mainnet drops next week!
Utility Token: YOU (LBP ongoing at
@FjordFoundry
!)
Gas Token: uBTC
Chain ID: 6868
To recognize $MUBI as the leading BitcoinFi Protocol in Ethereum L1, we will airdrop 2% of $YOU to $MUBI holders.
It is time for L2 BitcoinFi season.
U Protocol launching on
@FjordFoundry
Jan 10 to Jan 14.
#Bitcoin
#BitcoinFi
$YOU
So what is U Protocol? A TLDR:
Imagine Omnichain Lybra + Synthetix, with
- An omnichain stable asset called $U backed by $wstETH
- An omnichain decentralized Bitcoin called $uBTC backed by $wstETH
and infinite possibilities as we become permissionless over time.
#UMovement
To realize the U Protocol vision of being an omnichain project, we will partner with leading DEXs in different ecosystems for deep U Protocol asset liquidity.
The first leading DEXs we partner with:
@aerodromefi
and
@VelodromeFi
Are you ready for juicy yields?
#UMovement
The token of the flagship Omnichain BitcoinFi protocol on L2s coming next week on
@FjordFoundry
.
Bringing BitcoinFi to every chain trustlessly.
Follow us and turn on notifications.
$uBTC
#BitcoinFi
#BTC
Trade $uBTC, U Protocol's decentralized
#Bitcoin
on
@TraderJoe_xyz
now!
$YOU can mint $uBTC at by borrowing against your $wstETH, or by wrapping $BTC.b.
By adopting the omnichain fungible token (OFT) standard from
@LayerZero_Labs
, $U will be on multiple chains from the very beginning.
$U are invited.
#UMovement
We're glad to announce that the bridge frontend of U Bitcoin Thunder Network is now live.
You can now bridge uBTC to U Bitcoin Thunder Network as the native gas token.
Calling all DeFi, Inscription, and NFT builders!
U Bitcoin Thunder Network, the 1st BitcoinFi Layer 3, is offering grants to talented teams.
Our team is polishing the infrastructure to support influx of users.
Reach out on Discord for grant details!
#Bitcoin
#BitcoinFi
$YOU
In addition to
@arbitrum
, U Protocol will also expand to
@optimismFND
Superchain!
Harnessing
@LayerZero_Labs
, U Protocol assets including $U, $uBTC, $YOU and more will be accessible in Optimism mainnet, with liquidity on
@VelodromeFi
.
Guess the other chains 👀
#UMovement
We're thrilled to announce that the uBTC redemption feature is now live! You can seamlessly convert your uBTC into BTC.b by utilizing the unwrap function. Be aware that a redemption fee of 1% applies, but this may be adjusted in the future in response to market conditions.
The home base of U Protocol will be
@arbitrum
.
Guess what are the other chains where our assets will thrive, harnessing the cutting-edge omnichain technology of
@LayerZero_Labs
?
The blobs have landed on Arbitrum! 💙
🐡 ArbOS 20 "Atlas" is now live, blobs are in effect, reducing data posting costs.
⛽ Additional execution gas fee reductions for Arbitrum One will go live on March 18.
More details below 👇
Announcing the First BitcoinFi Arbitrum Layer 3: U Bitcoin Thunder Network.
Partnering with
@Calderaxyz
, U Bitcoin Thunder Network will fulfil the goal of low gas payments and apps for BitcoinFi.
We will use
@CelestiaOrg
as our modular DA layer once it supports Arbitrum Nitro.
U Protocol is ready for
@BuildOnBase
!
Harnessing
@LayerZero_Labs
, U Protocol's natively omnichain assets including $U, $uBTC, $YOU and more will be accessible in Base mainnet, with liquidity on
@aerodromefi
.
Are U ready?
#UMovement
In addition to
@arbitrum
, U Protocol will also expand to
@optimismFND
Superchain!
Harnessing
@LayerZero_Labs
, U Protocol assets including $U, $uBTC, $YOU and more will be accessible in Optimism mainnet, with liquidity on
@VelodromeFi
.
Guess the other chains 👀
#UMovement
We are excited to share that you can now seamlessly transfer BTC.b to the U Bitcoin Network without the necessity of manually converting BTC.b into uBTC beforehand. Our commitment to enhancing the user experience on the U Bitcoin Network remains steadfast.
$BTC.b $uBTC
We heard GameFi season is roaring back.
U Protocol has prepared something fun ahead of our launch:
Running Do Kwon: The U Protocol Game is LIVE!
Remember to share your result after playing the game to potentially win some $U 👀💰🔥
#UMovement
Join Us for the U Protocol Public AMA Session!
We'll be discussing all things U Protocol, including uBTC and the U Bitcoin Thunder Network.
Date: January 12th 8 PM EST / January 13th 1 AM UTC
Join us on Discord by clicking the link below:
Excited by the influx of interest from VCs & DAOs regarding our mechanism and investing in us.
Our current goal: Community growth & awareness.
We are prioritizing working with value-adding DAOs. If your DAO is committed to collective growth, we'd be delighted to connect.
To provide clarity, we're sharing details about our recent efforts post-launch. We encountered a significant challenge with the decimal format of uBTC (denominated in sats), which uses 8 decimal places, unlike the standard 18 decimals for other ERC20 tokens.
Visit our website at .
The First Bitcoin Layer 3 is here.
Our LBP on
@FjordFoundry
begins in a few hours.
From Jan 10, 7 PM UTC to Jan 14, 7 PM UTC.
Excludes investors from the USA, P.R.C., and OFAC-sanctioned countries.
We are currently in the process of contacting various projects to join our L3. If you come across any projects that might be a good fit, we would appreciate it if you could direct them to us.
We broke 1000 followers!
Have you played Running Do Kwon: The U Protocol Game yet?
Remember to share your result after playing the game to potentially win some $U 👀📷
We heard GameFi season is roaring back.
U Protocol has prepared something fun ahead of our launch:
Running Do Kwon: The U Protocol Game is LIVE!
Remember to share your result after playing the game to potentially win some $U 👀💰🔥
#UMovement
U Protocol is not just designed for $U.
U Protocol is an omnichain anchored-asset creation infrastructure protocol.
Launch and Partnership announcements soon™.
Are $U with us?
#UMovement
Snapshot has been taken for $YOU airdrop to $MUBI holders on Ethereum.
$MUBI holders: Please complete the following quest board.
We will announce airdrop claim details after our LBP on Fjord Foundry is complete. Minimum $MUBI requirement applies (TBA).
What makes U Protocol special?
1. Chain-agnostic:
$U, $uBTC and other assets will be omnichain.
2. Collateral-agnostic:
Using U Protocol infrastructure, eventually value-anchored assets could be permissionlessly created backed by any collateral.
Powered by
@LayerZero_Labs
' cutting-edge tech, all assets minted via U Protocol's infrastructure, including $U, $uBTC, and $YOU are natively omnichain.
Experience seamless interoperability and wave goodbye to the risks of unstable bridges and wrapped assets.
#UMovement
Do you know each transaction of $uBTC on U Bitcoin Thunder Network only costs $0.02?
This is the Power of Layer 3.
Interesting in building on U Bitcoin Thunder Network? Reach out for grant details.
We're making a game-changer in Bitcoin scaling:
A rollup that costs just pennies
As user-friendly as an EVM
$uBTC denominated in sats as gas token
Exclusively on the U Bitcoin Network soon
$YOU $uBTC
U Protocol is the first omnichain infrastructure layer for creating value-anchored assets on
@arbitrum
with 0% interest.
Assets minted on U can be used cross-chain, including on
@BuildOnBase
and
@optimismFND
thanks to
@LayerZero_Labs
’s OFT standard.
A dive in to how U works 👇
U Protocol is not just about $U.
U Protocol is not just about $uBTC.
U Protocol is not just about LSDFi.
U Protocol is a movement.
Are $U in?
#UMovement
Why do we use $wstETH by
@LidoFinance
as the collateral of $U?
- Borrowers can continue to earn staked ETH yield while borrowing $U.
- $wstETH stands out as the LSD with the highest liquidity on Arbitrum.
- $U loan becomes self-repaying assuming stable/rising ETH price.
Utilizing the technology by
@wormholecrypto
, $uBTC will be available on Solana as the true immutable, omnichain and trustless Bitcoin.
We will also bring $YOU to Solana.
$YOU will be launching on
@FjordFoundry
Jan 10 to Jan 14.
#Bitcoin
#BitcoinFi
#Solana
$YOU
U Protocol is ready for
@BuildOnBase
!
Harnessing
@LayerZero_Labs
, U Protocol's natively omnichain assets including $U, $uBTC, $YOU and more will be accessible in Base mainnet, with liquidity on
@aerodromefi
.
Are U ready?
#UMovement
Tired of riding the wild waves of the NFT market?
Here's a warm hug from us at U Protocol with our $U! It's a stable and omnichain asset backed by Staked Ethereum.
Find stability amidst chaos. Enjoy peace of mind and a good night's sleep with $U.
$YOU ready for $U?
#UMovement
Say hello to GMLP.
One click access to 20% APR providing liquidity on
@GMX_IO
v2.
Diversified exposure to BTC, ETH, LINK, ARB, SOL.
$700,000 TVL now.
We are just getting started.
Mint GMLP at
Why is $U solely backed by $wstETH?
Risk isolation -- the weakest link of a stable asset is their weakest collateral.
$wstETH is the only pristine collateral for $U.
#UMovement
Do you know each transaction of $uBTC on U Bitcoin Thunder Network only costs $0.02?
This is the Power of Layer 3.
Interesting in building on U Bitcoin Thunder Network? Reach out for grant details.
Our LBP on
@FjordFoundry
has been deployed:
- 20% of total supply reserved for LBP.
- Runs from Jan 10, 7 PM UTC to Jan 14, 7 PM UTC.
- Excludes investors from the USA, P.R.C., and OFAC-sanctioned countries.
#Bitcoin
#BitcoinFi
$YOU
We've completed the airdrop calculations. Our priority is to ensure a seamless airdrop claiming process on our L3, which requires the bridge to function smoothly. We will provide further updates as we continue to make progress.
We've resolved the compatibility issue that was a major hurdle by implementing a wrapper in the bridge user interface. This allows users to transition to the L3 with a single transaction instead of multiple ones.
Are $YOU with us? Stay tuned as we stride confidently towards a future redefined by the power of U Protocol. Together, we can redefine the face of Omnichain DeFi Landscape.
Want to learn more about U Protocol and join
#UMovement
?
Follow our Twitter account, turn on notifications, join our Discord () and check our Medium Post.
#UMovement
We are thrilled to unveil U Protocol - a pioneering infrastructure protocol set to revolutionize the Omnichain DeFi Landscape by creating a firm foundation for value-anchored assets.
🧵
Happy
#Bitcoin
ETF day!
LBP of our
#BitcoinFi
protocol is now live on
@FjordFoundry
.
We are building the future of
#BitcoinFi
with $uBTC & our BitcoinFi Layer 3.
📅Jan 10, 7 PM UTC - Jan 14, 7 PM UTC.
🔗 Medium:
🔗 LBP:
Q: When will U Protocol launch?
A: The v1 code is already ready. We are conducting additional audits and confirming our launch partners.
Follow our Twitter, join our Discord, and turn on notifications to stay in the loop. 🎁🪂
Join Us for the U Protocol Public AMA Session!
We'll be discussing all things U Protocol, including uBTC and the U Bitcoin Thunder Network.
Date: January 12th 8 PM EST / January 13th 1 AM UTC
Join us on Discord by clicking the link below:
In the future, users will be able to generate their own synthetic assets backed by tokens of their choice and instantly get access to cross-chain leverage without needing to worry about accumulating debt.
For instance, users could create arbSOL, a synthetic SOL backed by $ARB.
Q: Which chain is U Protocol based on?
A: U Protocol is an omnichain protocol with Arbitrum as its base chain.
We are committed to providing and incentivizing $U liquidity across multiple chains including Arbitrum, Optimism, Ethereum mainnet, among others.
$uBTC offers $BTC exposure across chains without centralized custodians/bridges by being overcollateralied by $wstETH.
We are working with leading DEXs like
@traderjoe_xyz
,
@velodromeFi
, and
@AerodromeFi
to bring more liquidity to $uBTC.
Want to learn more about U Protocol and join
#UMovement
?
Follow our Twitter account, turn on notifications, join our Discord () and check our Medium Post.
#UMovement
Q: What is U Protocol?
A: U Protocol is a synthetic and value-anchored asset protocol.
In addition to creating $U and $uBTC, U Protocol also provides DeFi infrastructure allowing other protocols and users to create custom assets and protocols.
Q: What are future assets launched by U Protocol?
A: Future assets include decentralized and synthetic real world assets, as well as assets backed by other collateral, including other LSDs, governance tokens and indices, such as $ALP from Arbitrove.
The journey commences with $U, a decentralized & omnichain stable asset, whose value is anchored between $1 and $1.1. It's backed exclusively by Lido Wrapped Staked Ether & minted on Arbitrum, aspiring to be the native decentralized stable store of value in Layer 2.
U Protocol’s journey continues with the construction of crucial ecosystem assets. This includes $uBTC, a synthetic asset with its value anchored to that of Bitcoin, backed by $wstETH, and more value-anchored assets from protocols in our whitelist.
Q: What are $U and $uBTC?
A: They are the first two assets launched by U Protocol.
$U is an omnichain stable asset solely backed by wstETH.
$uBTC is an omnichain synthetic BTC solely backed by wstETH.
Among these is $ALPu, a synthetic stable asset backed by $ALP, the blue chip index of the Arbitrove Protocol. We will also bring decentralized Real-World Assets (dRWA) on-chain, with more exciting details soon.
Our vision for $U is not just to establish it as a prominent store of value asset within DeFi, but to also carve a pivotal place for it in the grand U Protocol master plan.
To foster widespread adoption, we're planning strategic partnerships for synthetic asset creation, improving liquidity via partnerships with decentralized exchanges, facilitating on/off-ramps, and sharing the protocol's governance token with dedicated users.
Thanks to the innovative OFT standard by
@LayerZero_Labs
, all U Protocol assets ($U, $uBTC & more) can extend their reach across various chains, EVM and non-EVM alike. This sets the stage for $U to be utilized across the widest array of ecosystems.