Relend Network
  • Introduction
    • rUSDC
      • rUSDC-stark
    • DeFi Lending
    • RELEND Units
  • Architecture
    • rUSDC Token Standard
    • rUSDC Instances
    • Local and Global Price Stability Modules
    • Relend Network Token (R)
  • rUSDC: Mechanism and Risk Disclosure
  • Community links
  • Brand assets
  • References
  • GitHub & Audits
  • FAQ
  • Terms & Conditions
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  • Partner Benefits:
  • The money multiplier:
  1. Introduction

rUSDC

Over-collateralized stable coin that is 1:1 redeemable/ mintable to and from USDC on Ethereum mainnet. rUSDC can also be minted against bluechip collateral.

Partner Benefits:

  • Low-cost TVL starting with avg. $50m rUSDC.

  • 1:1 redemptions to USDC on mainnet.

  • Increased liquidity for all DeFi primitives.

  • Scalable credit supply.

The money multiplier:

Deposits are amplified through relending, increasing the total money in the economy.

Example 1.1:

For every $1 deposited into Relend's PSM's, $10 is available in credit supply.

User bridges 1 USDC onto xChain, supplying the xChain LPSM.

User receives 1 rUSDC.x minted in the bridge operation.

Relend Network can now supply an additional 10 rUSDC.x into a lending market on the supply side.

TVL increases by 11 rUSDC.x

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Last updated 1 month ago

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