Lending and trading platforms are at the heart of DeFi; they provide integral services not just for users, but for projects as well. …

Introduction Sturdy V1 was a trendsetter for leveraged yield farming, reaching over $30m TVL and becoming the largest mainnet lending protocol with no token. While leveraged yield farming is a powerful use case, it’s become increasingly saturated and, as a result, challenging to attract lenders. At the same time, we’ve observed…

The DeFi lending landscape Sovereign risk management is at the core of the DeFi user experience. The promise of DeFi is to enable users to take control of their funds without relying on third parties to dictate where they can and can’t allocate their assets. …

Overview This article provides a technical overview of the June 12 exploit and shares more detailed information on next steps. Background Sturdy has always taken security seriously, having maintained an active $100,000 bug bounty program and undergone four audits in just over a year. In February 2023, Sturdy added Balancer’s wstETH/WETH pool…

Overview On June 12 at 1:06 AM UTC, an attacker exploited Sturdy’s ETH market and stole 442 ETH (address here). The loss to the protocol was 504 ETH (the total size of the ETH lending pool is 2,109 ETH). No other assets or pools were impacted. The root cause of the…

LSDfi has been all the rage lately, with protocols and users scrambling to incorporate LSDs into their strategies. While there are plenty of liquid staking providers, Lido has done a terrific job of cornering the market, with their stETH now the Kleenex of the LSD market. …

Hope you didn’t sell in May and go away; this past month was HUGE for Sturdy. In the past few weeks, governance has approved major proposals, Sam’s sat down for multiple chats, devs released a cool new analytics dashboard, and Sturdy continued to be integrated across DeFi applications. There are…

Sturdy didn’t slow down in April. Last month was jam-packed, from community initiatives to feeling the effects of liquidity mining; it’s been an exciting few weeks for Sturdy! Let’s not take up too much of your time teasing it out; here’s our recap of April 2023: Brick Gang Sprint

Featuring Lido, Curve, Balancer, Convex, Aura, and of course Sturdy With staked ETH now able to be unstaked, the Shanghai/ Capella upgrade has completed Ethereum’s transition to PoS. ETH holders, stakers, and LST users have been debating for months in advance about what will happen to yields as a result…