🚀 Relend Network: Scalable Multichain Stablecoin Architecture – rUSDC

Taking lessons from @makerdao and @liquityprotocol 
 to deliver efficient price stability and deep liquidity.

💡 MakerDAO (DAI):
Inspiration - Pioneered the PSM model for deep liquidity
Flaw - Each native DAI deployment increases risk to all DAI holders. Each time DAI is printed and deployed into a lending market (eg. 0.5B DAI into Morpho) risk is increased for all DAI holders — any exploit results in a collective loss.

💡 Liquity (BOLD):
Inspiration - Friendly fork deployment for each chain, isolating risk.
Flaw - Lost advantage of shared liquidity across deployments.

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Be $BOLD • The best way to borrow with (staked) ETH • liquity.org

Relend Network solves stablecoin liquidity shortages for L2s.

Lend. Relend. Repeat.

rUSDC – The Best of Both Models:
✅ Global Price Stability Module (PSM): Supports local PSMs during liquidity shortages.
✅ Local Price Stability Modules: Maintain chain-specific pegs with isolated risk.
✅ CDP Design: rUSDC functions as a Collateralized Debt Position (CDP), providing infinite money market liquidity for partner chains.

Relend merges security and scalability—because DeFi deserves both. 💎🌉