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This is an introduction to RIVER's business.
$RIVER The first business is DeFi for stablecoins. The stablecoin is called SatUSD, minted through over-collateralization (150%) of mainstream currencies such as Bitcoin. Returns come from various protocol lending (such as Pendle). The returns from the staked Smart Vault come from this. The current TVL is approximately 700 million.
@River4fun
@RiverdotInc While this Smart Vault has zero liquidation risk,
Prime Vault...
Sector:
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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