Pinned
Most people see tranching as a product. @JoeWaitOfficial sees it as a building block that can be combined with lending and looping into a single position. Royco Day makes that composability possible. @EmberProtocol @llamalend @ResupplyFi Let’s make it happen.- Frax and Royco are teaming up to bring frxUSD to Royco’s Senior ecosystem. frxUSD will be paired with sr-srRoyUSDC, providing liquidity for Royco’s Senior markets. As Royco adds markets, SLPs will be created, driving demand for sr-srRoyUSDC and giving frxUSD more utility.FIP-451 vote is live: add @roycoprotocol SLP as an sfrxUSD strategy with up to $1M frxUSD. frxUSD becomes default productive redemption liquidity for Royco’s senior tranche. Royco is transforming liquidity with tranching, and Frax helps them grow. Vote: snapshot.box/#/s:frax.eth/p…
- What is srRoyUSDC? It’s a diversified Senior vault managed by @Dialectic_Group. Instead of choosing individual Royco markets, users get exposure to a basket of Senior strategies through one vault.
