Degen CEO of Polygon Labs (※,※)
Degen CEO of Polygon Labs (※,※)
POL-USDT
POL+4.43%
Bringing RWAs onchain isn’t enough. We need to make RWAs productive onchain. This is what @0xPolygon has done now, making ACRED productive onchain by collaborating with @MorphoLabs @gauntlet_xyz and @Securitize. What used to be a simple ~9% yielding product can now be looped to earn much higher yields. More importantly, treasuries around the world can invest in an Apollo private credit fund, knowing that 24/7 they can borrow against it for liquidity needs they may have in USD. Massive credit is due to @cmoyall. She has been working on bringing real use cases to the world for so long. To see this become a reality using an asset like ACRED that she brought to the world onchain is amazing!
Polygon ※
Polygon ※
A new class of institutional-grade DeFi is here. Polygon now powers a levered real-world asset strategy that turns a tokenized credit fund, ACRED, into a high-yield engine. Safely, onchain, and at scale. Using @MorphoLabs vaults curated by @Gauntlet_xyz, enabled by @Securitize
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