Let's learn about R2, which has partnered with UXLINK. ✅ What is R2 Protocol? @r2yield **Decentralized Finance (DeFi)** is a stablecoin infrastructure protocol designed to enhance safety and liquidity. The goal is to issue USD-pegged stablecoins 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 typical USDT/USDC, it has a collateral-based + yield-generating structure. ✅ Structure and Features 1. Collateral-Based Issuance - Users can mint R2USD by using various **Yield-Bearing assets (e.g., stETH, sfrxETH, wstETH, etc.)** as collateral. - In other words, while the collateral assets are deposited, interest income is maintained, and R2USD is issued based on those assets. 2. Capital Efficiency - Similar to MakerDAO's DAI, it uses an over-collateralization method but aims to provide a higher LTV (Loan-to-Value ratio). - The protocol utilizes the income generated from collateral assets to enhance the stability and liquidity of R2USD. 3. Decentralization - Unlike centralized issuers like Circle and Tether, it does not have a centralized authority and pursues open-source + DAO governance. ✅ Ecosystem Utilization R2USD is being expanded to be usable in various DeFi applications. It is integrated with various protocols such as LSD-Fi, leverage strategies, and perpetual markets, and R2 itself is reportedly preparing its own governance token. ✅ Other Additionally, there are rumors about the issuance of the $R2 token (governance token) and airdrops, so there is a high possibility of benefits for users minting R2USD and participating in the Vault. At least, I wrote this to understand the project that our @UXLINKofficial brother partnered with, haha. @virtuals_io
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