what's Tropykus Finance?
Tropykus Finance is a decentralized lending protocol built on the Rootstock (RSK) blockchain, a smart contract platform secured by Bitcoin. It connects savers seeking returns on their Bitcoin and crypto holdings with borrowers needing liquidity, offering dynamic interest rates that capitalize in real-time and markets for assets like rBTC, RIF, rUSDT, and DOC. Inspired by protocols such as Compound and Aave, Tropykus provides collateralized lending with risk management features including over-collateralization and liquidation incentives. Users can deposit assets to earn yields or borrow against them without selling, emphasizing financial inclusion in emerging markets like Latin America through secure, non-custodial DeFi primitives.
Tropykus Finance launched a $100k bug bounty program on Immunefi.
Links
x.com/tropykusLaunched a bug bounty program on Immunefi with rewards up to $100,000.
Active farming opportunity through Rootstock S4 Finale campaign allows users to earn raffle entries by depositing minimum $10 in RBTC on the platform, with prizes including Lil Pudgy NFTs worth ~$3.5k or redeemable $RIF tokens.