September has been an exciting month for Sturdy, packed with product releases, mobile deployment, and new partnerships. From insightful interviews to notable protocol updates, here’s a look at everything that unfolded.
Partnership with Bunni for Enhanced Liquidity
This month, Sturdy announced a strategic partnership with Bunni, a concentrated liquidity protocol for Curve. By integrating with Bunni, Sturdy is tapping into improved liquidity provisioning on Curve, giving users access to more stable yields and better capital efficiency. This collaboration further strengthens Sturdy’s mission to provide deep, stable liquidity for DeFi participants. Borrowers on Sturdy can expect a bump in liquidity as Bunni allocates funds throughout the protocol.
Interview with Mode Network
This month, Sturdy’s founder, Sam, appeared in an interview where he discussed Sturdy’s unique two-tier architecture and how it leverages its Bittensor subnet to optimize lending yields and provide liquidity across silos. By utilizing this advanced subnet structure, Sturdy can efficiently manage liquidity and improve user returns, demonstrating its commitment to creating a more scalable and secure DeFi ecosystem. This conversation shed light on how Sturdy’s approach differs from traditional DeFi lending protocols and how Sturdy’s subnet can be used throughout DeFi, underscoring the innovation at the heart of Sturdy’s design.
Listen to the whole conversation here:
Over $24,000,000 in User Assets Allocated by Sturdy’s Bittensor Subnet (SN10)
Sturdy reached a significant milestone in September, with over $24 million in user assets being allocated by its Bittensor subnet SN10. This subnet plays a crucial role in optimizing the flow of assets across the protocol, ensuring users consistently receive high yields. By automating the movement of funds across different lending pools, SN10 allows Sturdy to offer one of the most efficient and reliable asset management systems in the DeFi space.
Mitosis Governance Approves Onboarding of Sturdy’s weETH Silo
In a major governance milestone, Mitosis Governance has approved the onboarding of Sturdy’s weETH silo. This addition is part of Sturdy V2’s vision to provide users from across DeFi with AI-optimized yield. This approval marks another step toward making Sturdy’s platform more inclusive and adaptable for different DeFi participants.
Sturdy’s Gone Mobile
One of the biggest announcements this month is that Sturdy is now available on mobile! Our users can now manage their assets, track yields, and interact with the protocol directly from their phones, providing a more seamless experience. The mobile rollout aims to make decentralized lending accessible to an even wider audience, enabling users to tap into DeFi opportunities anytime, anywhere.
