Relend Network
@relendnetwork
🚀 Introducing the Relend Network stack! Relend enables vault curators on @morpho to relend their Mainnet assets into other L2 lending markets 🌉 Our first deployment is LIVE, supplying $15M of Relend USDC (rUSDC-stark) to @starknet via the @re7 rUSDC pool on @vesuxyz 💰 ✨rUSDC-stark is joining the DeFi Spring initiative by the Starknet Foundation. This boosts liquidity on Starknet and offers additional relend APY to Morpho vault suppliers, on top of their regular lending APY 🔥
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Relend Network
@relendnetwork
💡 Opportunities for Users: 1️⃣ Mint rUSDC-stark with USDC, bridge it to Starknet, and profit from DeFi Spring incentives by supplying rUSDC/USDC liquidity to /ekubo. 2️⃣ Supply USDC to our Relend USDC Vault on Morpho and earn extra relend APY from lending on Vesu, in addition to the current yield on Morpho. 3️⃣ Vesu users gain higher stablecoin borrow liquidity 💸 Learn how the rUSDC Relend system works here: 🔗Relend Docs https://docs.relend.network/relend.docs/rusdc-mechanism-and-risk-disclosure View yields: https://medium.com/relend-network/mint-rusdc-stark-for-fun-and-profit-99966181e90c
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