BlockWallet Partners With Themis
Our latest partnership with Themis brings another integration for BlockWallet users.
Themis is a permissionless protocol that enables liquidity providers to collateralize their LP and borrow stablecoins to hedge, speculate or leverage to earn higher yields. Themis also enables users to create anonymous lending between pools of funds and mortgagers of NFTs.
When using lending/borrowing protocols, you might garner unwanted attention by moving large funds from the protocol to your wallet. To stay protected, you can utilize BlockWallet’s Privacy Pools to deposit and mix funds in a smart contract. This removes the link between the protocol and your wallet, making it near impossible to perform a targeted attack.
Unlocking liquidity for the Metaverse & GameFi
As the Metaverse becomes increasingly prevalent in the crypto universe, Themis is at the center of creating liquidity for booming Metaverse and GameFi economies.
Themis lets you leverage Uniswap v3 LP positions to borrow stablecoins and blue-chip assets so your initial capital remains in the Uniswap pool generating yield while unlocking its liquidity for greater capital efficiency. Since Uniswap v3 positions are NFTs, they’ve built the capacity to sign in to the protocol with NFTs as well.
Themis has also launched a utility-driven NFT campaign that rewards users who lend/borrow with NFTs that come with perks like a higher LTV ratio. And in the future, they’ll support using other NFTs as collateral for loans and truly become The Bank of the Metaverse!
With Themis, you’ll be able to receive a loan using your NFTs from Uniswap v3 as collateral — something no other protocol currently offers.
This way your liquidity will remain in the pool generating yield while unlocking additional value to use however you wish — the ultimate money lego!
In addition to collateralizing your NFTs, Themis allows you to lend, farm, and even bid on liquidated positions in a Dutch Auction. Themis’ collateralized NFTs will offer much more utility than simply Uniswap v3 in the near future, but stay tuned as we’ll dig into that soon!
BlockWallet is a privacy-first non-custodial browser extension wallet where you can store, send or receive crypto and interact with your favorite blockchain apps privately.
As crypto sees mainstream adoption, blockchain’s lack of privacy poses real security risks. BlockWallet is here to ensure that on-chain privacy does not lag behind. The wallet provides a set of advanced privacy tools wrapped in a familiar and user-friendly wallet experience, eliminating friction and making privacy accessible for everyone.
BlockWallet protects you and ensures privacy by default. When you make transactions or interact with blockchain apps, BlockWallet routes all node requests through Privacy Proxies, which masks the IP address and other metadata, that can be used to identify and track you on a blockchain. You can also use the Privacy Pools feature, powered by zk-SNARKs technology, to deposit and mix funds in a smart contract. This allows transferring funds without links to your history and identity on the blockchain, effectively rendering them untraceable. BlockWallet offers integrated Flash-Bot Protection, shielding you from sandwich attacks when you trade on DEXes. Meanwhile, the Phishing Protection feature combats phishing scams by generating unique artwork on all sensitive pages.
BlockWallet is not a compromise. It’s privacy-first, but it still packs all features you would expect from a wallet. With full Web 3.0 support, the wallet allows you to connect to any dApp.