Brickmas is a celebration of all the work put into Sturdy so far and all the yields to be farmed by degens in the future. In the midst of a perpetual market meltdown, Sturdy has managed to have a remarkable year, becoming the largest lending protocol on Ethereum without a token, maintaining >$20 million TVL, and building a strong community.
The Sturdy team is unbelievably excited to unveil all that Sturdy 1.0 has to offer users, and we want to ensure you’re feeling just as enthusiastic! Sturdy leveraged staking mechanics to flip old models of lending on their heads by providing real yield to users rather than relying on loan interest. We’ve managed to create a positive-sum decentralized yield farming fund. But we’re just getting started.
Over the 12 days of Brickmas (Dec. 8th-12th), we’ll celebrate all the features that make Sturdy unique and announce some game-changing releases that are sure to get users excited. Best of all, we’ll finish Brickmas with the public release of Sturdy 1.0 on December 20! Plus a few surprises along the way.
Our revamped UI will make Sturdy even more user-friendly with a sleek, intuitive dashboard and integrated mechanic explanations. Sturdy 1.0 will also provide clearer insight into the protocol with enhanced reserve visibility and historical yield data. Whether you’re looking for a healthy return on your stablecoins and LSDs or you’re looking to take on high-leverage, Sturdy 1.0 will provide a seamless experience with complete transparency.
Be sure to follow Sturdy on Twitter and turn on notifications, so you stay in the know.
The past year has been tumultuous, to say the least. We hope Brickmas will help remind the community of all the innovation and dedication that make DeFi so compelling.
The Sturdy team has spent the past year ensuring product-market fit, attentively listening to community members, and trying to build the best, most useful protocol possible. That time was our preseason; now we’re prepared to step up to the starting line with a truly unique product that effectively uses and strengthens the infrastructure of DeFi, hence Sturdy 1.0.
During the 12 days of Brickmas, we aspire to help reignite the passion and conviction that once permeated the DeFi ecosystem by demonstrating what can be accomplished through cooperation and composability. We’ve worked with the community and some of the most respected protocols to create Sturdy 1.0; we hope our faux holiday can help raise real spirits and remind the DeFi community at large what makes this space so special.
We don’t want to give too much away before the celebration kicks off, but Brickmas will have something for everyone, from those just learning of Sturdy to our longtime supporters and active DeFi users.
Merry Brickmas degens!
About Sturdy
Sturdy is a decentralized yield farming fund, enabling borrowers to farm with up to 10x leverage on projects like Convex. Lenders receive a portion of the yield from borrowers’ farming for providing liquidity. Sturdy’s unique system provides lenders with the benefits of yield farming without the associated time, risk, or gas costs while allowing borrowers to gain outsized positions for yield farming, creating a positive sum dynamic between the two groups.
