Latest updates from the Keep team!
Busy November, wrapping things up before the public testnet. Read on! https://blog.keep.network/november-roundup-83d189e17695

Matt was recently interviewed by David Nage on the Base Layer podcast! Matt discusses several projects and approaches to getting BTC into DeFi, and the goal of tBTC to retain as many of bitcoin’s properties as possible. Check it out at either of the links below:

Spotify: https://tinyurl.com/sx7jlul

Stitcher: https://tinyurl.com/ulm2n39

And in case you missed it, Matt wrote a thing!

"Finance is a human right. And like free speech, it is an individual right that must be protected against collectivist forces."

This and other gems of wisdom were dropped in Matt Luongo’s crypto thesis “Reflections of a Monetary Maximalist”. The post covers Matt’s journey from Bitcoin to the development of tBTC. What was your favorite quote from the piece?

http://thesis.co/reflections-of-a-monetary-maximalist.html

Great news! @mhluongo’s episode on Pomp is now available. Matt and @APompliano discuss the upcoming launch of #tBTC, shipping during the time of #Covid_19, and letting $BTC holders start earning trustlessly with #DeFi.

Listen here: https://t.co/r9RfEJ7Uvu?amp=1

Hellloooooo Bloomberg! 👀👀

Check out what they had to say about the tBTC project and what it might mean for the future of both the bitcoin and ethereum blockchains and their communities. 👇

https://www.bloomberg.com/news/articles/2020-04-02/bitcoin-s-ethereum-rivalry-could-be-assuaged-with-tbtc-bridge

Thank you @Forbes for writing about the @keep_network token sale and the journey toward #tBTC 🙇 It was wonderful speaking with @justinofconnell 🎤🎧 looking forward to the podcast dropping soon as well!

https://www.forbes.com/sites/justinoconnell/2020/04/03/coinbase-co-founder-invests-in-project-to-bridge-bitcoin-and-ethereum/#5a3e79c27df4

📣 We've got news! 📣
Starting June 8th, you can stake ETH and get KEEP! The stakedrop will run for 6 months and means the only requirement to become a tBTC signer is to have ETH.
🙌 Help us bring BTC to DeFi🤝

👉 Sign up here to participate

Plus, starting today until the stakedrop, we'll also be running an incentivized testnet called
🏰Playing for Keeps🗡
It’s a chance to learn to stake before the stakedrop, and win KEEP by contributing to the community.

Read more about it on the Keep blog 👀

Make sure to join the conversation and get your testnet node running in #staking in Discord - Join here!

👩‍💻We know you’ve been wanting more details on our incentivized testnet game *Playing for Keeps.* 👀👀

Today we’re giving you that in a blog post where we go over timelines, contributions we’d like to see, and the amount of KEEP you could earn! 🏰
👉Read more here👈

📣The @StakingHub <> Keep AMA is starting *NOW*! 📣

Join here: http://t.me/StakingHub

It’s no surprise that the DeFi space is making a big move to support tBTC, and we’ve now announced the partners supporting tBTC at launch: *over 40 industry leaders representing 75% of Ethereum’s DeFi space.*

We’re pretty proud of the partner community we’ve built up ☺️

Check out the full details here!

TODAY! @ 11:00am EDT 🕚

🎤Check out Keep's CEO @mhluongo talk #tBTC with @twobitidiot on Crypto & COVID Daily from @MessariCrypto 🎧

👉 Link here 👈

🚨New Podcast Alert 🚨

Last week, Laura Shin took the time to sit down with Matt and dig into the Keep and tBTC projects in depth for ⛓Unchained⛓

Matt talks about his aspirations of uniting developer communities & why DeFi is #MillennialFinance (hint: because it’s permissionless finance 💅)

Check out Matt's episode of Unchained with Laura Shin here!

Consensys Diligence audited the Keep and tBTC code 💻 and while they have shared the audit results publicly, we think this is a more valuable read 👇

Wade Alexander details potential technical limitations of SPV proofs on Ethereum, how tBTC addressed these, and considerations for other projects building ⛓cross-chain interaction.

Check out the whole piece here 👀

While the pandemic is forcing many to stay home and causing non-essential businesses to grind to a halt, Keep 🏰 is working remotely as usual and working to push tBTC to mainnet.

There is truly no better time to ship a product pushing a better financial infrastructure, and that’s what we’re working to do. 💪
👇
Read more here

The team has put a great deal of effort into detailing the issue that led to the deposit pause earlier this week. We are working with our audit partners to confirm the issue and resolution, and have outlined steps for improvement and future tBTC deployment.

Thank you all 🙏 for your patience as we work to bring BTC to Ethereum. We hope that this accounting of this event demonstrates our commitment to overall security of funds🔒, and look forward to helping give your BTC additional functionality very soon.

Read the full report on the Keep blog

Security is our top priority building tBTC. A trust-minimized BTC/ETH bridge is only as valuable as users are confident.

To that end, we’ve published our plan for bringing hardened tBTC contracts to mainnet. We are now moving to a release candidate model with a BTC hardcap that increases monthly as the contract is battle-tested and incident-free. We have added additional security audits as well as increased the maximum bug bounty reward by 10x to 1M KEEP. We will also be disabling the red lever after 12-months incident-free. The full details are in our blog post.

🏰 Playing for Keeps 🗡continues as usual, and the Stakedrop event will still happen on June 8th.

👍 We really like seeing independent pieces like this one from Alex Manuskin - a detailed look at the tBTC system and what differentiates it from custodial options like wBTC, as well as a look at the redemption issue uncovered last week. We also happen to agree with Alex’s headline - tBTC’s brightest days are ahead!🌞

Have you written something you think we should see? Jump into our Discord server and link us!

Matt wrote a strong background piece on his motivations for creating Keep and tBTC back in March, and we think it provides some great context into why we’re shipping tBTC, as well as some of the crypto philosophy behind the project. If you missed it the first time around, it’s definitely worth a read! 👀

👇👇👇
https://thesis.co/reflections-of-a-monetary-maximalist

🤝We’re joining up with @CryptoradoCom to bring Keep and #tBTC to more buidlrs! Tonight at 6:30pm MDT @CReckhow will be presenting tBTC as money lego, a piece of DeFi, & how you can get involved.

Cryptorado is currently virtual, so you can tune in from anywhere 🗺

Join the event here 👈👈

The submissions are in, and the judges have deliberated…🥁

🚨Our first round of Playing for Keeps winners have been announced!🚨 We received over 100 entries, and have allocated 1M KEEP tokens for the 53 winners this month! 🏆

Dig into May’s awards and find out what contributions were rewarded in our latest blog post 👈👀👈

If you missed entering or your submission wasn’t chosen for a prize this round, Playing for Keeps is ongoing, so you're still able to contribute and earn KEEP. Join our Discord 🏰to get started.