1/ And it’s a wrap.

We had an amazing Engineering and R&D offsite @element_fi

Hyperdrive audits start in April, we’ll be formally verified shortly after. We have an initial UI running.

Here is a breakdown of the week.

🧵👇

1/ Council is quickly becoming an essential pillar of the crypto ecosystem, offering a new framework for DAOs to create and manage decentralized governance systems in ways not possible before.

https://t.co/CQdDEFetk4

Introducing the Hyperdrive Protocol: Fixed and Variable Rates, Reimagined.

Reliable sources of yield are necessary for onchain financial markets to thrive.

Soon you can capture those sources of yield, your way ᛋ

Read on for what we’ve been working on and…

SECURITY UPDATE: Hyperdrive has undergone four audits and formal verification from @SpearbitDAO, @ChainSafeth, and @CertoraInc.

You can read the full security update, audit reports, and upcoming roadmap here: https://t.co/Q7Cmew4W3d

Yesterday, DELV put forward a governance proposal to the Element DAO for a Hyperdrive Public Testnet Implementation on Sepolia! 🎉

You can read the full governance proposal on the forum here:
https://t.co/mwLWMiXjif

Today, we're excited to release the Hyperdrive Docs ᛋ https://t.co/u02MLQAn04

The new comprehensive docs portal covers everything you need to know about Hyperdrive fundamentals, smart contracts, SDKs, bots, and more.

Learn more about Hyperdrive:

1/ We’re excited to launch a new Analytics dashboard in collaboration with @BlockAnalitica!

Hyperdrive Analytics is a companion dashboard to the Hyperdrive app where you can delv deeper into key data insights and track your portfolio performance.

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1/ SECURITY UPDATE #3: New Audit Report and Bug Bounty Program Launch with @cantinaxyz!

Welcome to YieldFest! 🌟 It’s a celebration of new yield sources for Hyperdrive that will be accessible to the whole community. Starting on August 8th, we’ll be announcing exciting opportunities to earn returns at https://t.co/3lJM3GkIJP!