Relend Network (relendnetwork)

Relend Network

Relend Network solves stablecoin liquidity shortages for L2s. Lend. Relend. Repeat.

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Recent casts

πŸŒ€ Lend. Relend. Repeat. Capital stays on Ethereum mainnet. Credit moves where it's needed. β†’ USDC is deposited on Ethereum β†’ rUSDC is supplied to partner chains β†’ New borrowing demand generates additional yield β†’ Increased yields attract more USDC β†’ More rUSDC is supplied to new chains This is the Relend flywheel.

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Relend USDC Morpho Vault breaks $90M USDC. The road to $1B is clear: - Onboard new chain partners weekly. - Deploy rUSDC into L1/ L2 lending protocols. - Share relending profits with Ethereum LPs. - Supply more rUSDC. This is the credit flywheel πŸ›ž We are currently at less than 1% of our relending capacity πŸ“ˆ πŸ”Lend. Relend. Repeat.

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Relend Network is in the Top 30 startups to pitch at /dappconberlin VC Day πŸ”— Taking over stablecoin markets one chain at a time 🌐 See you in Berlin!

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Top casts

🏦Relend joins the Circle Alliance Program🏦 Our Global Price Stability Module on @morpho currently holds over $70M USDC. Relend provides stablecoin liquidity for partner chains like @swellnetworkio and @starknet. Why Circle? - Transparency - Institutional Trust and Partnerships - Fiat-Backed with Full Redeemability This makes USDC the ideal asset for relending. Lend. Relend. Repeat πŸ”

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Relend Network is in the Top 30 startups to pitch at /dappconberlin VC Day πŸ”— Taking over stablecoin markets one chain at a time 🌐 See you in Berlin!

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πŸš€ Introducing the Relend Network stack! Relend enables vault curators on @morpho to relend their Mainnet assets into other L2 lending markets πŸŒ‰ Our first deployment is LIVE, supplying $15M of Relend USDC (rUSDC-stark) to @starknet via the @re7 rUSDC pool on @vesuxyz πŸ’° ✨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 πŸ”₯

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🌊 rUSDC surfing into @swellnetworkio 🌊 Deploying soon on @euler with liquidity on @VelodromeFiπŸ’§ 🐳 Swell City Rewards 🐳 rUSDC lenders on Euler and LPs on Velodrome accrue Wavedrops. Excited to scale stablecoin liquidity for Swellchain assets πŸ‘€

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Onchain profile

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