Let's take a look at R2's partnership with UXLINK ✅What is R2 Protocol? @r2yield stablecoin infrastructure protocol designed to enhance the safety and liquidity of decentralised finance (DeFi). The goal is to issue a USD-pegged stablecoin in a capital-efficient manner. The core slogan is: "Decentralized and Yield-Bearing Stablecoin." ✅ What is R2USD? R2USD is a USD-pegged stablecoin issued by the R2 protocol. Unlike ordinary USDT/USDC, it has a collateral-based + profit structure. ✅ Structure and Features 1. Collateral-based issuance - Users can mint R2USD against a variety of yield-bearing assets (e.g., stETH, sfrxETH, wstETH, etc.) as collateral. -In other words, interest income is maintained while the collateral asset is deposited, and R2USD is issued based on the asset. 2. Capital efficiency - It is an overcollateralized method like MakerDAO's DAI, but it pursues a structure that can provide a higher loan-to-value ratio (LTV). - The protocol leverages the proceeds from collateralised assets to enhance the stability and liquidity of R2USD. 3. Decentralization - It is not controlled by a centralised issuer like Circle and Tether, and pursues open-source + DAO governance ✅ Ecosystem Utilization R2USD is expanding to be available in a variety of DeFi. It is linked to various protocols such as LSD-Fi, leveraged strategies, and puppetual markets, and R2 itself is known to be preparing its own governance token. ✅ Other In addition, there are rumours circulating about the issuance of $R 2 tokens (governance tokens) and airdrops, so there is a good chance that there will be benefits for users who mint R2USD and participate in the Vault. At least, I wrote it down to get to know about the project that my @UXLINKofficial brother partnered ha ha @virtuals_io