Sundial

A revolutionary approach to joint BTC-ADA DeFi that will create a seamless application layer between Bitcoin's vast liquidity and Cardano's advanced smart contract capabilities.

With over $500B+ in Bitcoin currently dormant and unable to participate in DeFi activities, our solution addresses a critical market gap while maintaining the highest standards of security and compliance that institutions demand, all while onboarding new users and liquidity to Cardano.

Hybrid Layer-2 Architecture

At the core of Sundial lies an innovative layer-2 solution that leverages Cardano's robust infrastructure. Built in collaboration with Anastasia Labs and their layer-2 Midgard, our architecture will ensure both security and high performance for institutional users. The system will maintain security through regular checkpointing to Cardano mainnet while handling high-frequency transactions efficiently at the layer-2 level.

Key architectural features include:

• Optimised transaction processing for institutional volumes
• Advanced mempool management for predictable execution
• Efficient reward distribution mechanisms
• Scalable infrastructure designed for growing demand
• Trustless Bitcoin Bridge

Through our partnership with BitcoinOS a groundbreaking trustless bridge is being built that eliminates the risks associated with traditional Web3 bridging solutions. Powered by ZK-proofs, this system enables secure cross-chain transactions while maintaining the decentralised nature of both networks.

The bridge implementation provides:

• Zero-knowledge proof validation for Bitcoin transactions
• Automated custody and release mechanisms
• Real-time transaction verification
• Multi-signature security protocols (if selected for)
• Institutional-Grade Features

Sundial is to be designed from the ground up to meet the exacting requirements of institutional clients. We understand that institutional adoption requires more than just technical excellence – it demands a comprehensive suite of features that enable compliance, reporting, and risk management.

We partnered with Tesseact Investment to help design the institutional infrastructure that will include comprehensive compliance tools, sophisticated reporting systems, and advanced security measures. The platform will support multi-signature wallet integration and provide detailed audit trails for all transactions, meeting the stringent requirements of institutional risk management frameworks.

Native Token Utility

The planned Sundial token will serve as the cornerstone of the ecosystem, enabling multiple crucial functions within the network. Through careful tokenomic design, we'll create a sustainable system that incentivises network security and promotes wider ecosystem growth and development.

Token utilities encompass:

• Governance participation rights
• Network security incentives
• Liquidity provision rewards
• Cross-chain transaction fee optimisation
• Target Market

Our solution specifically addresses:

• BTC holders seeking yield on previously dormant assets
• Institutional investors requiring secure, compliant DeFi access
• Cardano ecosystem participants looking for enhanced liquidity
• Holders of Wrapped-BTC on EVM chains who are looking for more security and functionality then is currently available to them