TVL ATH, PaxG plugin? RToken Listings! Memes and MORE
Good Friday everyone — I have no Crunchies in a very poor planning scenario, but such is my dedication, I will persevere. The TVL will keep me going.
- Memory lane
- TVL
- AOB
We’re keeping it succinct today, so let’s pop some loose change into the parking meter so we can take a walk down
Memory lane
2021 gave us taxi payments with the App
2022 was the announcement of DevCon Bogota
And there was much excitement.
Last year, interestingly (as we’ve just had R4.0.0 release) was R3.0.0
And there was a tweet from hyUSD — something about a blue dot
And look at those TVL numbers! Which brings us nicely to..
TVL
With uncle BTC rising, the non stable RTokens pegged to ETH have grown in value as has the amount of first loss capital, giving a TVL of $270M yesterday. Where is the next step up coming from? Keep reading.
Considering USD3 is only on 2 chains it’s pretty impressive.
House of Chimera also did a post at $269M
AOB
First up the RWA narrative — from an interview with Bankless
Sound familiar? This is where the massive money comes in, and that’s a way away yet, but it’s coming.
As a start, could we just do gold?
Yes — we can. Now there’s BTC available on other chains as well — any value in a BTC / Gold RToken? This is where things get interesting — what about a mix of Gold, BTC and $$? Then you’re leaving the currency field and looking more like an investment vehicle — and can the ‘gains’ be quantified and split off or would you just allow it to appreciate vs the dollar and spend direct with HolyHeld? That’s one for a few weeks time.
Also — RTokens are now listed on CoinGecko
Surely with a bit more liquidity a CEX is the next step here? I know, I know — DeFi etc, but if you’re going to reach the masses, you’re going to need a CEX and liquidity.
Got a good borrow / mint / swap routine? Try this one out for size :
Reserve R4.0.0 also has something for Aerodrome coming out as well as all the audit mitigations :
Reserve is now on the register of yield bearing money by Artemis :
Memes are still pumping and there appears to have been a sudden fork to apes
Remember Sentz, part of the family of Reserve Protocol? Well they appear to have an influencer
With the redirected yield for eUSD, Sentz are able to offer discounts.
Now, on to governance — quite a bit here
Heeeeere’s Smeddy!
And I think that concludes todays summary — thanks for reading.