Davos Monthly Highlights - September 2024
As September comes to a close and the market begins to heat up, it's time to reflect on another milestone-filled month for Davos and our flagship stablecoin, DUSD.
We've continued to expand our reach and deliver value to our users through a series of impactful integrations, strategic partnerships, and active community engagement. Let’s break down the highlights from this month and give a glimpse of what’s coming in October.
Product Updates
Collateral Integrations for DUSD
This month, we introduced three new collateral integrations, expanding the assets that can be used to mint DUSD. The Avalon wBTC, and stCore integration in particular signifies our intent to expand our offerings in the BTCfi space. These integrations give our community more flexibility and utility while reinforcing the strength and versatility of DUSD within the DeFi ecosystem:
We have integrated with Avalon wBTC, enabling users to leverage their Bitcoin holdings on BitLayer to mint DUSD. This integration offers Bitcoin holders a unique way to maintain exposure to BTC while participating in the DeFi ecosystem.
Davos is now integrated with stCORE, allowing CoreDAO stakers to mint DUSD using stCORE as collateral. This move provides CoreDAO community members the opportunity to increase liquidity and optimize their yield farming strategies.
We’re thrilled to announce the integration of wETH and USDB on the Blast protocol, enabling new collateral types for minting DUSD. This development provides more choices for our users and strengthens the liquidity of DUSD across multiple chains.
All new COllateral Integrations Options on the Davos dApp (Source)
Community Engagement & Events
September was a bustling month for the Davos team as we actively engaged with the global DeFi community at major events in Asia. Here’s a quick recap:
1. Korea Blockchain Week (KBW 2024)
Our team attended Korea Blockchain Week and hosted the "Kimchi & Bitcoin: BTCfi Bash" side event, where we connected with top DeFi builders, shared insights, and discussed the exciting future of BTCfi.
-> Check out the full highlights here
Davos Protocol @ Korea Blockchain Week (Source)
2. Token2049 Singapore
We also made a strong presence at Token2049 in Singapore, organizing the “Hash Cash: BTC vs ETH Yields” side event. It was a valuable opportunity to debate, share insights, and position DUSD as a critical component of BTCfi.
-> See more from Token2049 here
Davos Protocol @ Token 2049 (Source)
Partnerships
Master Protocol
This month, we established a strategic partnership with Master Protocol, a prominent player in the DeFi space known for its cross-chain liquidity solutions.
This partnership will enable DUSD to be part of Master Protocol’s innovative cross-chain swaps, further enhancing the utility of our stablecoin.
Check out the full details of the partnership here: Announcement
Educational Content & Insights
We continued to share in-depth educational content to empower our community and keep them informed about the latest trends and developments in DeFi. This month’s content focused heavily on the emerging BTCfi sector and how Bitcoin is making its way into the DeFi space:
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Guide on How to Mint DUSD with Bitcoin (Coming Soon!)
We encourage you to explore these articles to enhance your DeFi strategies and learn how to make the most of the BTCfi opportunities.
Looking Ahead: More Innovations and Partnerships
As we look towards October, we’re excited about new opportunities and integrations on the horizon. Our focus will remain on further expanding the utility of DUSD, expanding our offerings in the BTCfi ecosystem, and providing new value-driven experiences for our community.
Let’s continue building the future of finance, together! Stay connected with us on Twitter and follow our Official Blog for all the latest updates.
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