A lending and borrowing ecosystem powered by real-world assets / More Info: linktr.ee/r.a.a.c
Joined February 2023
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397 Photos and videos
Gold down 15%. Treasury yields at multi-year highs.
RAAC's collateral ratio held.
Gauge voting power reached 4.49% of all veCRV.
May market report: macro conditions, RWA performance, and what it means for pmUSD and iREET🔽
blog.raac.io/research/market…
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$pmUSD and $iREET are tradeable on @agra_gg orderbook.
For large-size trades where Curve pool depth isn't enough, Agra is the venue. Peer-to-peer, on-chain settlement.
Low slippage on size.
Very efficient infrastructure for whales and institutional access to RWAs.
Today we're announcing our partnership with @Raacfi to bring both pmUSD and iREET onto Agra, with their [Redacted] product to follow.
REITs made real estate liquid. They gave investors tradable exposure to income producing property, with continuous price discovery and liquidity.
Through this partnership, we’re not only enabling liquid onchain markets, we’re also bringing DeFi composability to the real estate market.
RAAC's iREET token brings real estate exposure onchain in a form that can be traded, priced, and integrated across DeFi.
pmUSD is a fully collateralized USD pegged stablecoin backed by precious metals. It is the first of its kind to maintain its backing through precious metals as collateral.
RAAC will provide balance-sheet liquidity to support both the pmUSD and iREET markets.
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$iREET Bond matures smoothly and the $iREET pool experiences a 3x growth in assets.
17 properties, $5.9M in underlying value, $41,884 in monthly rental income.
Unimpaired.
Next, $iREET becomes collateral in RAACLend.
More details coming👇
$iREET bond maturity starts today.
17 properties. Real rental income. NAV intact at $1.037538.
Here's what you're holding and what you can do with it🧵
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The asset is intact. The infrastructure around it is being built out.
Redemption. RAACLend. What comes next.
Full breakdown in the blog 👇
blog.raac.io/posts/ireet-bon…
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The in-situ gold backing pmUSD is verifiable on-chain.
ION Digital Proof of Reserve feed is live on @chainlink also thanks to @instruxi.
16 independent node operators.
59,549 tokens in reserve.
data.chain.link/feeds/ethere…
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RAAC retweeted
May 18
It's been FIVE YEARS!
Happy Birthday Convex
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