Building @Tapir_Protocol Contributing to @tokendynamics & @ssv_network my SSV operator IDs - 1131, 1132, 1133
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- Following 664
- Followers 614
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Great convo with @samkamani
primar on Tapir
The Why & What of the protocol
1/6: Stablecoin depegs caused between $1.5B and $3.3B in losses from 2020 to 2025. That's not including anything from this year. I sat down with @markoinether from @tapirprotocol to talk about what that means and what to do about it. Here's what I learned. 🧵
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MarkoInEther.eth 🦇🔊 retweeted
Tapir points are live.
Hold DP or YB and earn points for every full day you hold. Provide liquidity and earn a second stream on your trading fees.
Every finalized point converts 1:1 into TPR.
How to start 👇
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MarkoInEther.eth 🦇🔊 retweeted
This is why @ethereum’s validator set must remain independent. If financial intermediaries dominate consensus, their losses and lawsuits can become pressure to censor or reverse outcomes. Validators should enforce objective rules, not decide who gets made whole.
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MarkoInEther.eth 🦇🔊 retweeted
TTapir points go live tomorrow.
From Sep 25, 00:00 UTC, our @Zircuit USDC market on Base earns points two ways.
Hold DP or YB, and earn points for every full day you hold.
Provide DP/YB liquidity, and earn a second stream on your trading fees.
Every finalized point converts 1:1 into TPR.
Details 👇
Made with AI
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MarkoInEther.eth 🦇🔊 retweeted
I love DeFi and hate seeing it struggle with adoption due to perceived high risk.
Excited to see teams like @Tapir_Protocol shipping real solutions to this.
Congrats on going live! 🔥
Tapir’s first market is live! 🎉
We’re bringing a market for depeg risk to @Zircuit USDC on Base.
Explore our first market ↓
blog.tapir.money/p/zircuit-x…
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MarkoInEther.eth 🦇🔊 retweeted
Why is @Tapir_Protocol access by request only? The market is live but still young, liquidity is thin. We don't want to send you into it at a bad price. Tell us your side, DP, YB or LP, and how much. LPs start straight away! DP and YB we match BY HAND. Form below 👇
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MarkoInEther.eth 🦇🔊 retweeted
From “hope it doesn’t depeg” to actually hedging the risk.
So proud of @markoinether and Jakub - great founders and an absolute pleasure to work with!
First @Tapir_Protocol market is live on @Zircuit! 🦣
Tapir’s first market is live! 🎉
We’re bringing a market for depeg risk to @Zircuit USDC on Base.
Explore our first market ↓
blog.tapir.money/p/zircuit-x…
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MarkoInEther.eth 🦇🔊 retweeted
Tapir’s first market is live! 🎉
We’re bringing a market for depeg risk to @Zircuit USDC on Base.
Explore our first market ↓
blog.tapir.money/p/zircuit-x…
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MarkoInEther.eth 🦇🔊 retweeted
We've completed an audit for @Tapir_Protocol!
Tapir Protocol is a depeg-protection marketplace that allows DeFi users and institutions to hedge the depeg risk of yield-bearing positions or underwrite it for extra yield.
Full report: certificate.quantstamp.com/f…
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MarkoInEther.eth 🦇🔊 retweeted
Buckle up, anon. 👃
Tapir mainnet goes live next week.
Launch details dropping soon.
Made with AI
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A short depeg does NOT automatically mean insolvency.
It can be a temporary dislocation on one exchange. Still enough to trigger liquidations.
When assessing stablecoin risk, we need to distinguish that from structural failure.
A snippet from my convo with @samkamani 👇
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🔥🔥🔥
the most cypherpunk projects can and will be built
but to do that, anons must be funded and *can’t be doxxed*
this why the @punkdotfun front end allows launchers to connect ENS and X account
anons leverage their reputations to raise on an MVP with their privacy intact
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MarkoInEther.eth 🦇🔊 retweeted
SSV Staking just landed on @binance Simple Earn.
Starting Aug 12, 12 PM UTC, Binance Simple Earn users can subscribe to SSV Locked Products and receive rewards in ETH.
7 days: 15% APR
90 days: 20% APR
It's first come, first served.
Subscribe now: binance.com/en/earn/SSV
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MarkoInEther.eth 🦇🔊 retweeted
"DeFi Legos are the original sin of crypto."
@markoinether, founder of @Tapir_Protocol says the composability everyone loves is also crypto's biggest vulnerability.
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MarkoInEther.eth 🦇🔊 retweeted
Which stablecoins are actually most at risk of depegging?
@markoinether, founder of @Tapir_Protocol says the yield-bearing ones running debt strategies in the background.
"Any product giving you higher yield via a more sophisticated, and therefore riskier, strategy has a much higher chance of depegging."
"I'm not very worried about USDC these days. A short-term depeg in a big market dislocation, sure, that's possible."
"But a long-term depeg? Probably not. It's the yield and bond-strategy products that carry the real risk."
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MarkoInEther.eth 🦇🔊 retweeted
A top OpenZeppelin dev won't recommend DeFi to his friends. That's where the industry is right now.
@markoinether from @Tapir_Protocol take: treasury bills get you 4-5% safe. Tapir's first product gets you 8% on USDC, and soon ~7% protected. DeFi doesn't have to be a leap of faith.
Watch the full episode here creators.spotify.com/pod/sho…
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MarkoInEther.eth 🦇🔊 retweeted
DeFi's edge: stablecoin-like products that track USD but pay real yield, often 10%+.
@markoinether on why @Tapir_Protocol is built exactly for this, capturing that juicy yield while protecting the downside if something in the stack breaks.
Catch the full episode here creators.spotify.com/pod/sho…
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Did anyone actually read Tether's Q2 attestation? The excess reserve buffer went from $8.23B to $4.11B in one quarter. HALF the cushion gone in 90 days.And this while printing $1.5B profit in the same quarter.So the biggest stablecoin in crypto now runs on ~2.2 cents of safety margin per dollar. USDT supply is $184.6B and growing.My claim, in 12 months hedging USDT at par costs meaningfully more than today. The buffer trend sets that price, not the profit line.What would you pay today to hold USDT at par through a stress event?
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Numbers from Tether's own Q2 attestation, reported by CoinDesk: coindesk.com/business/2026/0…
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