@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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