reUSD is live on @kamino.
Users can deposit reUSD as collateral into Kamino’s $2.2B+ credit market on @solana & receive 5x Re Points.
Re brings onchain capital to the real economy, supporting a diversified $510.5M portfolio across policies held by 700,000+ U.S. policyholders.
That was quick.
Initial reUSD caps on @kamino filled in just 76 minutes.
More to come shortly. The cap increases from 1m reUSD to 5m reUSD in 19 hours.
The reUSD Market is now live on Kamino.
Curated by Steakhouse, reUSD can now be used as collateral to access USDC and USDG liquidity through Kamino's isolated credit market.
reUSD is live on @kamino.
Users can deposit reUSD as collateral into Kamino’s $2.2B+ credit market on @solana & receive 5x Re Points.
Re brings onchain capital to the real economy, supporting a diversified $510.5M portfolio across policies held by 700,000+ U.S. policyholders.