June 13, 2025
Throughout history, humans have been drawn to games, beginning as far back as the Stone Age. This enduring love for play has served important social, cognitive, and cultural purposes, proving integral to human development and interaction.
One of the most groundbreaking advancements in the realm of games that could potentially reshape our current financial system is DeFi. DeFi stands as one of the most compelling use cases in our industry, with significant development over recent years that has brought about innovations and enhanced capital efficiency for its participants.
Public Launch and Rewards Program
We are at the dawn of innovation regarding capital efficiency and the activation of idle capital, offering the best borrowing rates on your cbBTC & wstETH! Our mission has always been clear, and we are excited to advance to the next stage with our Public Launch and the introduction of the Rewards Program, which will create even more opportunities for our depositors and community.
New Vaults, New Features
We’ve been in private beta for a year now, upgrading features, building new vaults, and leveling up the yield + borrowing experience for our depositors while they’re out touching grass.
You probably know we’ve only had one vault so far, wstETH, which quietly hit $5M in TVL in full stealth mode. But now it’s time to level up. We’re introducing our cbBTC vault, designed to help scale both TVL and overall growth.
Our devs have been cooking up the parallel farming feature allowing idle capital to be deployed across multiple farms at once, in custom ratios. More yield, better interest rates for borrowers. Example? We can now split capital between a 30-day Pendle PT, a Curve LP, Morpho USDC, and still keep 10% farming the next big airdrop (remember USUAL right?).
So yeah, we’re hyped to finally open this up to the public. And like in the old days - masses want bread and games.
Here’s your bread, anon.
Program Kickoff Details
We’re going back to the roots - no points, no shenanigans, no tears at the end of the road. Just the OG DeFi way: in $ALTI tokens. You earn what you see, 1:1. No unexpected outcomes, no surprises.
Tokens are non-transferable for now, and the TGE is planned for November. At least that’s the plan - unless the market turns on us. If it does, we’ll run it through governance. Every token holder gets a vote on whether it’s smart to launch or hold back.
Borrowing Incentives
We also aim to incentivize borrowing in our system. Borrowers maintaining an LTV threshold average of 5-25% will receive a 20% boost on their rewards, experiencing firsthand the innovation and peace of mind our system offers.
Alpha Tip for Peace of Mind: Adjust your LTV to somewhere in the middle - yes, 'diddle in the middle' works this time, i.e., 10% LTV will keep you in the highest boost, even if the price of ETH becomes volatile, giving you the luxury of not managing your position daily.
Referral Rewards
To further promot
e our program, we will introduce a referral system that rewards YOU- yes, you! Invite your frens and family to join the Points Bonanza, and earn 10% of their points.
We value loyal, committed capital and uphold the original crypto ethos and DeFi principles, ensuring those behaviors are handsomely rewarded.
Elevate your loans with Altitude and engage in a community that values innovation and efficiency. Join us in revolutionizing the way we think about and utilize capital.