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Citrea | Private BTC for all
@citrea_xyz
Citrea is the Bitcoin's application layer, enabling institutions and users to access Bitcoin capital markets. Mainnet is Live →
4 Following    66.7K Followers
The launch of CTR marked the culmination of three years of deep infrastructure development. It laid the groundwork for lending markets, Bitcoin vaults, stablecoin integrations, and privacy primitives. CTR Holders Group is now live. Join via:
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Introducing CTR Holders Group 🍊🍋 Engage directly with the Citrea team and fellow holders on product developments, feedback sessions, feature requests, user support and more. Check eligibility: 1/2
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As a Bitcoin layer, we see privacy as the most critical value proposition we can deliver.
Bringing privacy to Bitcoin is the natural continuation of a journey we started years ago. 🧵
Private Bitcoin on Citrea → Encrypted balances → Shielded addresses → Private Bitcoin transfers Join the waitlist 🙂‍↕️
Welcome to Citrea's privacy chapter. Where Bitcoin becomes private and privacy becomes practical and usable at scale. Join @crest_btc waitlist:
Most governance tokens are a checkbox. Ship token, add voting, call it decentralized. CTR was designed around four mechanics that actually change how this works. First is xCTR, the staked form of CTR and the only token that carries voting power. Unlike timelocked staking where you freeze capital behind an arbitrary countdown, xCTR uses an exit fee. Unstaking has a 90-day unbonding window. You can access liquidity at any point, but you pay a fee that starts at 50% and decays to zero over time. The fees paid by early unstakers stay in the xCTR vault, increasing the CTR backing of every remaining staker's position. The mechanism naturally rewards long-term alignment. Second, dual treasury. Full DAO models are slow. Full foundation models are centralized. We split the difference. Foundation handles operations, R&D, and strategic initiatives. Governance Treasury, controlled by xCTR holders, handles emissions, council selection, and infrastructure decisions. Third, optimistic governance. The biggest problem in DAO governance is that nobody votes. Quorum-based models require active participation, good proposals die from apathy. CTR's governance is optimistic. Proposals pass by default unless xCTR holders veto. If it looks good, you do nothing. You only act when something is wrong. Same trust assumptions, radically better UX. Lastly, the gauge system. xCTR holders allocate emissions to specific pools and applications through on-chain voting each epoch. Voters who LP in the pool they vote for get multiplied emissions, improving capital efficiency across the network. Projects that want deep liquidity need xCTR votes, so they build CTR treasuries or incentivize holders to vote their way. Competition channeled into productive capital allocation.
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Reminder: Citrea Airdrop registration closes on May 17 at 2:00PM UTC 🍊 While the eligibility criteria remain unchanged, we are actively addressing: - Tickets from users who met the on-chain criteria (920+ score at snapshot) - X handle connection issues 🧵
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thank you @citrea_xyz i have been full time in web3 for a few years. i read about it, follow it every day, and stay active in almost every corner of it. i was writing about zk and citrea even before i became an official bapper, back when citrea was still on devnet. i have always been into zk, and i still follow zk projects out of real curiosity. i still hold and stake my allocations from boundless, succinct, and others, powering their infra. and i keep up with their updates. yay making money matters. but i genuinely like this space, whether it pays or not. and citrea has been special to me since day one. it actually brings something new. something bitcoin needs. something bitcoin holders need. and something miners will need too. after a few more years, miners will need more reasons to stay motivated. citrea is thinking about them as well. in only 12 weeks since mainnet, citrea has paid 0.53 btc in l1 fees to bitcoin miners. i wrote about citrea from the beginning, and i'll keep writing about it. i'll keep following the news, the updates, and the be more active on the ecosystem. i really like what is being built here. as a bapper, and more importantly as someone from the community, i want to ask the team @0x_orkun for one thing: please consider opening a form for people who believe they met the airdrop criteria but are shown as not eligible. let them send their case to the team. cm
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Well-well, time to check your @citrea_xyz's $CTR airdrop n register for it by claiming the button ⚡️ 🟠 I'm eligible for 91,7k $CTR / even at $100m FDV that's big win, cause I mostly contributed with liquidity/bridges + swaps! > Citrea's building future where the world's interaction with $BTC's defined by effortless self-custody, uncompromising privacy & Bitcoin capital markets 🍊 Check allo >
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