Been a bit quiet lately, just digging around and testing things.
Instead of chasing alts, I’ve been putting my stables to work and came across @Raacfi.
They recently launched their gold-backed stablecoin pmUSD, after securing $100M in tokenized gold on-chain.
In less than 2 months, Pools have reached around $32M in TVL with 11–22% APR via @CurveFinance incentives.
Still looking deeper into the mechanics, but the tokenized gold angle caught my attention, and they are about to launch other products backed by Real-World yield.
As always, always do your own research.
