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Relend Network

@relendnetwork

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💡 Relend Network's CDP-based stablecoins for a multi-L2 world! Stablecoins are the backbone of DeFi, but deploying them across multiple Ethereum L2s presents unique challenges—liquidity fragmentation, risk contagion, and inefficiencies in cross-chain stability. Relend introduces a hybrid CDP-based stablecoin model combining risk isolation with shared stability. Each L2 gets its own liquidUSD-L2name stablecoin, backed by lending market collateral and USDC. 🟦 Risk Isolation: If one L2 fails, the rest remain unaffected—no systemic contagion. 🟦 Composability: Strong L2 instances reinforce the ecosystem rather than compete with it. 🟦 Efficient Liquidity: Users can mint & redeem stablecoins seamlessly with 1:1 USDC redemptions. 🟦 Scalable Credit: Native stablecoin minting on each L2 enables efficient capital deployment.
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🏦 Relend Stone Age Season Begins 🏦 Earn RELEND units by supplying Relend Vaults on Morpho. Medium: https://medium.com/relend-network/relend-units-stone-age-season-begins-2d10a75f2bfe 💰Over $20M in pre-deposits already collected. 🗓 Starts December 2024. 👉 http://app.relend.network Join and unlock liquidity for the Cambrian explosion of L1/ L2s. Deposit into Relend Vaults on Morpho. Earn ~20% APY on USDC + RELEND units! 🌀 Relend TLDR: - The Bank of L1/ L2s. - Fractional Reserve System that seeds and boosts liquidity on new chains. - Every $1 bridged turns into $10 in ecosystem liquidity. - Bypasses the cold start problem. How to Participate: 1 🎯 Visit http://app.relend.network 2 🎯 Choose your vault 3 🎯 Deposit and earn 🤔 Why This Matters? - Unlocking $1B in liquidity for new L1s & L2s. - The first-ever Fractional Reserve Token Standard (ERC-7770) makes ERC20 tokens borrowable by default. 🔗 Lend. Relend. Repeat. 🔗 Join us: Telegram: http://t.me/relend_network
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Relend Network partners with @usual 🤝 We just added the USD0++/ USDC market to our Relend USDC Vault on @Morpho 🌀Relend Network solves liquidity fragmentation of L2s with fractional reserve banking. Excited to be supporting USD0++ as collateral! Allocating to this market (current APY of 10.7%), increases available liquidity for the Usual community to borrow USDC. Pre-deposit: Earn RELEND units, MORPHO tokens and APY by supplying the Relend USDC vault👀 🪙What is USD0++? USD0++ is an enhanced and boosted 4-year DeFi T-bill, secured by a principal locked in USD0 during 4 years, ensuring principal recovery. It allows users to benefit from the growth and success of the protocol. Unlike traditional models, USD0++ not only provides protocol revenues but also distributes ownership of the protocol through its innovative reward mechanisms. 🔜We look forward to early partnership steps with Usual and may be relending their assets once we are live 👀
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