PT-reUSD curated by @wintermute_t is live on @Morpho.
The vault allocates USDC to real-world risk: reinsurance as productive onchain collateral.
Details below ↓
Wintermute's Arbitrage USDC Select vault is live on @Morpho!
The vault's allocation includes 2 Pendle PT.
@re PT-reUSD (10.95%) and @saturn_credit PT-USDat (8.63%) carry the highest APYs in the vault, sitting alongside other blue-chip collaterals like cbBTC, WBTC and wstETH.
Stablecoins gave the world dollar access. Now the next thought is what do I do with them?
@avichal shared on @theempirepod with @JasonYanowitz:
"Somebody comes along and says, I can give you treasury yield. And then somebody like Re says, do you want to make 12%? It's
Different protocols ≠ different risk.
In a bear market, lending rates, mining rewards, and basis trades all compress together. Same driver = same outcome.
(Re)insurance risk is priced by real-world events: independent of crypto market cycles.
More on uncorrelated markets ↓
Disclaimer: RE tokens enable participation in governance of the Re protocol. RE tokens do not represent equity, debt, profit-sharing, or any claim on enterprise assets; governance functionality is phased and subject to change; jurisdiction-specific restrictions may apply.