🚀 Introducing the Relend Network stack!
Relend enables vault curators on
@MorphoLabs 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
@Re7Labs rUSDC pool on
@Vesuxyz 💰
✨rUSDC-stark is joining the DeFi Spring initiative by
@StarknetFndn.
This boosts liquidity on Starknet and offers additional relend APY to Morpho vault suppliers, on top of their regular lending APY 🔥
💡 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
@EkuboProtocol.
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
@Vesuxyz users gain higher stablecoin borrow liquidity 💸
Learn how the rUSDC relend system works here:
🔗Relend Docs
docs.relend.network/relend.d…