Charms (@CharmsDev) / X

Charms

288 posts

Charms

@CharmsDev

Enchant Bitcoin with your own spells 💎 ✨ Programmable apps and assets on Bitcoin powered by zkVM

Joined January 2025

Pinned
Charms
@CharmsDev
Mar 23
Bitcoin and Cardano are now united by Charms. 🟠🤝🔵 We sent eBTC and BRO to Cardano. We sent ADA, SNEK, and USDM to Bitcoin. We unlocked cross-compatible Rust+WASM dapps for both chains. The Universal App Protocol for UTXO, powered by zkVM.💎 Megathread; w/ receipts 🧵👇
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Charms
@CharmsDev
17h
How much demand is there for Alchemy? 💎 Let's look at the precedents. MSTR (amplified BTC): $41.8 billion Babylon (BTC yield): $3.5 billion STRC: (stabilized BTC) $10.4 billion APYX + Saturn (on-chain STRC): $750M The money is out there. Alchemy taps all of it.
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Charms reposted
Sundial
@SundialProtocol
21h
Let's take another look at our latest product, Alchemy✨ Bitcoin has become the world's leading digital asset, but it still presents a challenge: for long-term holders, it isn't productive. Alchemy, in partnership with @CharmsDev, is designed to solve this by transforming a
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Charms
@CharmsDev
Jun 9
Trouble understanding Alchemy? Use the simulator. 🔗sundialprotocol.com/alchemy/visual… Watch how FIRE and ICE react to changes in bitcoin's price and the reserve ratio. BTC moves -> FIRE moves more; ICE stays frozen One bitcoin reserve, two financial temperatures.🔥🧊
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Andrew | Charms 🟠💎
@AThrouvalas
Jun 8
GM Cardano, To understand how Alchemy will ignite Bitcoin DeFi in your ecosystem, you must see how the economics of FIRE (BTC+) and ICE (BTC-) actually work. Think of Alchemy like the first onchain, bitcoin-backed bank. FIRE holders are like the equity holders in the bank,
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Charms
@CharmsDev
Jun 8
Replying to @CharmsDev
Read our proposal: 🔗
Sundial X Charms Proposal: Building the First Bitcoin Treasury Protocol for Cardano
From medium.com
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Charms
@CharmsDev
Jun 8
FIRE makes bitcoin productive. 🔥 ICE makes bitcoin predictable. 🧊 Transform your BTC with Alchemy. Use it on Cardano. 🟠🤝🔵
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Charms reposted
Andrew | Charms 🟠💎
@AThrouvalas
Jun 6
Hey Cardano DReps - we made it as easy as possible for you to learn about Alchemy and our treasury proposal 🟠🤝🔵 - Discover @SundialProtocol and @CharmsDev - See the insane opportunity and market precedent for Bitcoin structured products - Simulate returns on FIRE (BTC+) and
Sam Delaney
@sde_laney
Jun 6
Evaluating proposals shouldn't be exhausting sundialprotocol.com/alchemy
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Charms reposted
Andrew | Charms 🟠💎
@AThrouvalas
Jun 5
I believe Cardano can turn around for the better. All it really needs is one killer app, built on Bitcoin. That's what Alchemy, powered by @CharmsDev and @SundialProtocol, is meant to be - and why we're making a Cardano treasury proposal to bootstrap the project. This is the
Sundial
@SundialProtocol
Jun 4
☀️ Sundial is proud to partner with @CharmsDev on our newest initiative: Alchemy - a new Cardano-native Bitcoin Treasury and liquidity system. Alchemy is designed to bring proven Bitcoin-backed structured product demand on-chain, positioning Cardano at the forefront of one of
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Charms
@CharmsDev
Jun 4
Charms proudly supports @SundialProtocol as a core technical partner in its proposal to bootstrap Alchemy: a first-of-its-kind Bitcoin Treasury Protocol and killer BTCfi application for Cardano. Review and feedback from DReps are welcome. Read about the proposal below. 👇
Sundial X Charms Proposal: Building the First Bitcoin Treasury Protocol for Cardano
From medium.com
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Charms reposted
Sundial
@SundialProtocol
Jun 4
☀️ Sundial is proud to partner with @CharmsDev on our newest initiative: Alchemy - a new Cardano-native Bitcoin Treasury and liquidity system. Alchemy is designed to bring proven Bitcoin-backed structured product demand on-chain, positioning Cardano at the forefront of one of
Sundial X Charms Proposal: Building the First Bitcoin Treasury Protocol for Cardano
From medium.com
25K
Charms reposted
Andrew | Charms 🟠💎
@AThrouvalas
Jun 4
Announcing Project Alchemy 💎 The world's first Bitcoin Treasury Protocol, built for the Bitcoin and Cardano networks. 🟠🤝🔵 Powered by @CharmsDev, in partnership with @SundialProtocol. Alchemy reimagines Strategy's digital credit model as a blockchain native DeFi
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Charms
@CharmsDev
Jun 4
Article
Alchemy: The Bitcoin Refinery
Bitcoin is perfect money. But it’s not for everybody. To long-term holders, it isn’t productive. To short-term holders, it isn’t predictable. Without these properties, bitcoin adoption and demand...
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