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Karak 🍊 Profile picture
Karak 🍊
@Karak_Network
The universal network for verifiable finance. Backed by @Mubadala @Coinbase @hiFramework @PanteraCapital @LightspeedVP @BainCapVC @DCGCo. X by @KarakFndn.
Nov 12, 2024 • 5 tweets • 2 min read
V2 Update🍊

Nearly all remaining chains and assets have been successfully migrated and are live on Karak V2 Mainnet

Staking and delegation have been enabled for @swellnetworkio, @0xMantle, @lista_dao, @SolvProtocol and many more

Get started: v2.karak.network x.com/Karak_Network/… 1) K2: migration has been successfully enabled for USDC, rswETH, wETH

2) @0xMantle: migration has been successfully enabled for mETH

3) @BNBCHAIN: instant withdrawals has been enabled for slisBNB, lisUSD, solvBTC so users can withdraw immediately on V1 and redeposit on V2
Jun 25, 2024 • 8 tweets • 2 min read
Salam World

Introducing @Wormhole: The First Distributed Secure Service (DSS) on Karak

A flexible, extensible, and scalable integration enhancing security for users moving assets or messages across networks, supercharged by Karak

Universal Security Acceleration🍊🌪️ Wormhole is developing two key DSS's on Karak:
1) Decentralized Validator Network for Native Token Transfers (NTT)
2) Decentralized Relay Network
Apr 9, 2024 • 8 tweets • 2 min read
Salam Rak Rangers

Yesterday we soft launched Karak Private Access and grew to over 100M+ TVL in less than 24 hours

Due to this rapid growth, we also wanted to take a moment to reclarify and discuss the utmost priority to us as a community

Security Our approach to engineering and writing smart contracts is to keep it simple, readable, and build on battle-tested components
Apr 8, 2024 • 19 tweets • 4 min read
Salam

We recently announced our $48M Series A at $1B+ to accelerate universal security for @Ethereum and beyond

Today we're excited to provide a peek into the Karak endgame

The universal restaking layer powered by the entire cryptoeconomy across every asset and every chain 🍊 Image Why restaking for everyone?

Karak makes it easy to provide cryptoeconomic security with any asset, unlocking a new design space for developers to seamlessly and securely create innovative infrastructure designs