Amanda Tuminelli is on fire here - she articulates so well why DeFi is superior to TradFi, and why it can't be regulated like TradFi. Regulators have taken shortcuts because they expect intermediaries to do their job for them. DeFi requires regulators to actually do their job.

🌜🔵🌛 Moonwell 🛡️ is the best place to lend and borrow on @Base. ✅ User-centric design that is simple and easy to understand ✅ Low transaction fees (zero fees with the Coinbase Wallet 🛡️ smart wallet) ✅ Wide range of markets (Blue chips, Stablecoins, LSTs, LRTs)

Moonwell contributors have proposed to launch a EURC core market as well as a Morpho EURC vault for @Circle's revolutionary MiCA compliant Euro-backed stablecoin. If passed, Moonwell 🛡️ will be the first lending app to support lending and borrowing Euros onchain. 🔥 🌜€🌛

While nobody knows the exact time cbBTC will launch, Moonwell contributors Solidity Labs innovated on a new "market add checker" smart contract that will enable the Moonwell 🛡️ protocol to safely activate the cbBTC market within just a few minutes of the token going live. 🌜🟠🌛

Wow so you can transfer $BTC from your Coinbase 🛡️ account to an ethereum address and it will automatically convert the bitcoin into $cbBTC Can use $cbBTC on Base dapps like Aerodrome and Moonwell 🛡️ Frictionless borrowing against your $btc onchain Base liquidity unlock

cbBTC + Moonwell 🛡️ = 🌜🟠🌛

📢 A new market for cbBTC has been activated on Moonwell! Moonwell is the first lending app on @Base to support cbBTC, a tokenized version of Bitcoin that is backed 1:1 and custodied by @Coinbase. The Moonwell community is now able to lend and borrow cbBTC on @Base.

Gm! Excited to present our new whitepaper, written in collaboration with Brevan Howard Digital, Visa and Artemis castleisland.vc/writing/stable…

🌜🟠🌛 Moonwell 🛡️ is the first lending app to onboard cbBTC as a new market on @Base. The Moonwell community moves fast. Stay based friends.

ICYMI: the monthly revenue on Moonwell 🛡️ reached an all-time high in August. Perspective: Moonwell is currently the 5th most revenue-generating protocol in the Lending market sector.

🌜🔵🌛 The future is onchain, and it’s happening on @Base! Moonwell is leading the way with its Day 1 integration of cbBTC, helping to build a more interconnected and accessible global onchain economy.

This is a good way to convert WBTC to cbBTC on Base.

I've been dying to tell everyone what makes cbBTC gamechanging - 1:1 fungibility with Bitcoin on @Coinbase. There are no separate order books w/ thin liquidity and volatile pricing. Now $20B+ retail and $200B+ institutional Bitcoin can freely go onchain and be used on @Base...

👀 These APRs are definitely unsustainable, but Aerodrome on @Base is the best place to LP your cbBTC... Pilots prepare for takeoff! 🛫

It's been a based day 🤝 Moonwell 🛡️ has launched a new cbBTC market on Base and we will work to ensure it remains healthy by monitoring liquidity and suggesting cap adjustments as necessary. We're amped about the potential of cbBTC on Moonwell.

Rewards for cbBTC Slipstream pools 🛫 Aerodrome's cbBTC pools already have ~$2m in liquidity. Become a LP to take advantage of the soaring APRs. It's as easy as sending BTC from Coinbase 🛡️ to your Base Ethereum address and depositing into one of the pools.🔵

cbBTC supply/borrow caps were lifted on Moonwell 🛡️ Bitcoin on @Base liquidity flywheel engaged... 🌜🟠🌛

The supply and borrow caps have been increased significantly, up to 110 and 80 respectively. Moonwell 🛡️ is the first app to support lending and borrowing of cbBTC on @Base. 🌜🟠🌛

This could explode total assets on Base pretty rapidly 👀 Smart move. Looks like Wintermute is the #1 market maker for it. Will be a solid business for them too!