Relend Network pfp

Relend Network

@relendnetwork

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28 Followers
Relend Network pfp
Relend Network
@relendnetwork
🌊 rUSDC surfing into @swellnetworkio 🌊 Deploying soon on @euler with liquidity on @VelodromeFi💧 🐳 Swell City Rewards 🐳 rUSDC lenders on Euler and LPs on Velodrome accrue Wavedrops. Excited to scale stablecoin liquidity for Swellchain assets 👀
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Relend Network pfp
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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Relend Network pfp
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 pfp
Relend Network
@relendnetwork
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. 💎🌉
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Relend Network pfp
Relend Network
@relendnetwork
🚀 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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Relend Network pfp
Relend Network
@relendnetwork
🚀 Big news from Relend Network! 🚀 We're unveiling our new stablecoin framework—built for every L2, solving money market liquidity where it's needed most. ✅ Codebase is now public ✅ Successfully audited by @certora and @kurt_m_barry L2s gain instant TVL & liquidity, while risk is segregated among the different L2s. Check it out: https://github.com/backstop-protocol/ERC-7770/tree/main/audits
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Relend Network pfp
Relend Network
@relendnetwork
🧠 How it works: Relend features two key stability modules: ⚡ Local Price Stability Module (LPSM): A USDC-backed vault ensures that each L2’s stablecoin maintains a 1:1 peg with USDC. 🌐 Global Price Stability Module (GPSM): A Morpho Vault that supports liquidity when LPSMs need reinforcement. If one L2 suffers, risk curators can stop lending to it—keeping the rest of the system secure. Unlike MakerDAO (DAI), which shares risk across all chains, and Liquity V2 (BOLD), which isolates instances without shared benefits, Relend combines the best of both. The future of stablecoins is here. Secure, scalable, and interoperable across all Ethereum L2s. Read the full details: https://root-relend.medium.com/relend-network-a-new-approach-to-multi-l2-cdp-based-stablecoins-19cd5ec24641
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Relend Network pfp
Relend Network
@relendnetwork
💡 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 Network pfp
Relend Network
@relendnetwork
🏦 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 pfp
Relend Network
@relendnetwork
$20m in Season 1 Pre-deposits 👀 This allows us to supply $200m in L2 liquidity. We just shipped: https://app.relend.network Connect your wallet Access vaults View RELEND units Full campaign: https://medium.com/relend-network/relend-network-pre-deposit-vaults-live-on-morpho-614bcd686f84
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Relend Network pfp
Relend Network
@relendnetwork
Optimising Morpho Labs vault yield with AI: With Relend USDC vault having more than 17 markets, and as borrow demand, and supply apy, are boosting, it is imperative to optimally decide on the best allocation of funds. We use z3, the prominent tool for symbolic AI and automated reasoning to calculate the optimal allocation. View full breakdown: https://x.com/relend_network/status/1859608562982396162
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Relend Network pfp
Relend Network
@relendnetwork
The cambrian explosion of new L2s, with 73 L2 blockchains listed on L2beat, and 82 more in the pipeline, makes it harder for each of them to succeed. Similar to traditional early stage economies, the lack of liquidity and TVL makes it difficult to bootstrap meaningful economic growth. Learn how we solve this: https://medium.com/relend-network/relend-network-the-bank-of-l2s-6df2af16de9a
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Relend Network pfp
Relend Network
@relendnetwork
Dive into Relending with @todayindefi "Relending enables the money multiplier effect, where borrowed assets are re-lent back into the lending system. This process effectively amplifies liquidity by up to 10 times, optimizing asset utilization and enhancing participant returns." Learn more ↓ https://x.com/todayindefi/status/1855984039280386204
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Relend Network pfp
Relend Network
@relendnetwork
We'll be there!
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Relend Network pfp
Relend Network
@relendnetwork
How are these gents going to find credit for their massive funds?
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Relend Network pfp
Relend Network
@relendnetwork
💰Relend USDC deposits exceed $10m on /morpho ~2x over the last 7 days 👀 Season 1 is only live for the next 30 days - view details: https://medium.com/relend-network/relend-network-pre-deposit-vaults-live-on-morpho-614bcd686f84
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Relend Network pfp
Relend Network
@relendnetwork
Liquidity fragmentation is a problem fr fr Agree that it is a result of attention fragmentation Novel apps which benefit all ecosystems will win
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Relend Network pfp
Relend Network
@relendnetwork
New website live: https://relend.network/ dApp coming soon 👀
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Relend Network pfp
Relend Network
@relendnetwork
USD0++ / USDC market: https://app.morpho.org/market?id=0xb48bb53f0f2690c71e8813f2dc7ed6fca9ac4b0ace3faa37b4a8e5ece38fa1a2&network=mainnet&morphoPrice=0.0 Relend USDC vault: https://app.morpho.org/vault?vault=0x0F359FD18BDa75e9c49bC027E7da59a4b01BF32a&network=mainnet Pre-deposit details: https://medium.com/relend-network/relend-network-pre-deposit-vaults-live-on-morpho-614bcd686f84
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Relend Network pfp
Relend Network
@relendnetwork
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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