Missed last week's AMA? Here's the rundown👇
Where's Bitcoin headed? 🧭
Entering a new cycle, expect less explosive BTC surges and more relative collapse of other fiat currencies. The dollar is declining, and others are declining faster. With the bond market going haywire and significant liquidity sitting on the sidelines, BTC's role in global finance keeps growing.
The opportunity💡
Most BTC still sits idle. Sundial brings it to L2 for lending, borrowing, and collateral use without the wrappers and bridges that compromise what makes it BTC. Institutions want yield, but they're rightly unwilling to accept the trade-offs that usually come with it.
Under the hood ⚙️
🟡 Midgard L2 live on testnet, fully productionized for stability
🟡 RPC node for developers
🟡 Building a CLI so non-technical users can access yield products intuitively, with new ways to interact with the UTXO model
AI is also reshaping this. Advances in the UTXO model's determinism make formal verification far more achievable, and aggressive AI-driven defense is now a must.
Two users, one mission 🤝
BTC holders who want more from their security & institutions who want trust without needing to trust unfamiliar intermediaries. Sundial bridges both.
Q&A highlights🎙️
Insurance products? Yes, we're engaging with partners like Fida and in discussion with other insurance companies.
Wallet partnerships? Yes, we want to work with as many wallets as possible and are looking to specialize down the line.
Bottom line 🟠
Innovation on Bitcoin that wasn't possible a few years ago is happening right now. It takes a lot of conviction and work, but we're on our way
Thanks to those who joined live. More to come soon.