Raft Profile picture
Jun 5 β€’ 17 tweets β€’ 8 min read Twitter logo Read on Twitter
$R You Ready?

Raft is Live! πŸš€

🧡 Image
Raft is redefining #DeFi by offering $stETH holders a unique opportunity to generate $R, the ultimate decentralized USD stablecoin.

Try it now:

app.raft.fi

Keep scrolling to learn how to generate $R while earning staking rewards on your $stETH collateral. πŸ‘‡
TL;DR: What is $R?

$R draws inspiration from stablecoins like $DAI and $LUSD but distinguishes itself with improvements:

βœ… Solely backed by $stETH – a more capital-efficient approach to lending/borrowing

βœ… More efficient liquidation mechanism

⏬
TL;DR: What is $R?

βœ… Just a 0.01% nominal fee

βœ… Security ensured via audits by @trailofbits and @HatsFinance
Did we mention $R is the cheapest LSD-backed stablecoin to borrow in all DeFi? 🀯

Liquid staking 🀝 Revolutionary borrowing

Welcome to #LSDFi Season!
Looking to generate $R?

It's as simple as a few clicks in our user-friendly app:

app.raft.fi

Connect your wallet, deposit $stETH or $wstETH, and you're set!

Don't just HODL, let your crypto work for you! πŸ’Ό
Providing liquidity is a breeze with Raft! πŸ’§

Whether you're on @Balancer or @Uniswap v3, $R has you covered.

Earn trading fees and rewards in a couple of clicks!

Here’s how:

⏬
@Balancer Enthusiasts! πŸ’₯

Provide liquidity in the R/wstETH or R/DAI pools and watch your assets grow.

Don't wait, make a splash with $R today! πŸ’§

πŸ”— R/wstETH:
app.balancer.fi/#/ethereum/poo…

πŸ”— R/DAI:
app.balancer.fi/#/ethereum/poo…
@AuraFinance Admirers πŸ’œ

There are additional incentives available for liquidity providers via @AuraFinance

After providing liquidity on Balancer, head to app.aura.finance to stake your LP tokens and earn additional LDO rewards!
@Uniswap Users! πŸ¦„

Ready to make your crypto work for you?

Join the R/USDC pool and earn trading fees in just a few clicks.

Embrace capital efficiency with Raft and $R!

πŸ”— R/USDC: app.uniswap.org/#/add/0x183015…
Decentralization is at the heart of Raft. πŸ’™

We're a community-driven protocol with transparent and efficient governance.

Keep your eyes peeled for more on this! πŸ‘€
Join the $R-evolution as a Frontend Operator! 🌐

Whether you want to build a new Raft frontend interface or integrate Raft into your existing application, we're all ears.

Guess what? There are grants for your contributions!

tempusfinance.notion.site/Raft-Grants-7e…
Coming soon: One-Step Leverage! πŸ”₯

Imagine gaining up to 11x leverage on your $stETH in a single transaction.

Sounds impossible? Not on Raft.

raft.fi/one-step-lever…
$R you ready to jump on board? πŸš£β€β™‚οΈ

The future of Raft is all about making $R the go-to stablecoin in the DeFi ecosystem.

Join us and start generating $R today!

app.raft.fi
Read the full announcement here:

mirror.xyz/0xa486d3a7679D…

#LSDFi #Ethereum $R
Feedback makes us better! πŸ’¬

Got thoughts, ideas, or suggestions?

Reach out on our Discord server. Together, we can create the ultimate DeFi experience.

πŸ‘‰ Discord: discord.com/invite/raft-fi
πŸ”— Useful links:

🌐 Website: raft.fi
πŸš£β€β™‚οΈ Discord: discord.com/invite/raft-fi
🐦 Twitter: twitter.com/raft_fi
πŸ“£ Telegram Channel: t.me/raft_fi
πŸ’¬ Telegram Group: t.me/raft_chat

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More from @raft_fi

Mar 22
Discover R: The capital-efficient USD stablecoin powered by $stETH.

Jump on board! πŸš£β€β™‚οΈ
R is the first USD-pegged stablecoin on #Ethereum backed solely by @LidoFinance Staked Ether (stETH).

R maintains a value of 1 USD through a mix of Hard Peg and Soft Peg mechanisms πŸ’΅

Keep scrolling to learn more about R 🧡
βš–οΈ Hard Peg

R relies on arbitrage opportunities and two mechanisms, redemptions, and over-collateralization, to maintain its price between 1 USD and 1.10 USD.

Let’s explore those two mechanisms below πŸ‘‡
Read 12 tweets
Mar 21
The recent Credit Suisse / UBS drama again highlights that traditional finance governance is fiction. Here's why: Image
The Swiss National Bank changed the law on the fly for the deal to go through, bypassing Credit Suisse shareholders' approval.

Raft, on the other hand, is managed by immutable contracts and minimal governance.
πŸ’Έ Credit Suisse equity holders received consideration, but AT1 holders saw their bonds written off to zero.

Raft ensures no one can affect R holders' yield, and risk management is outside of governance scope. Image
Read 4 tweets
Mar 20
Unlocking stability with Raft: Powered by Lido Staked Ether.

Jump on board! πŸš£β€β™‚οΈ Image
Raft is an immutable, decentralized lending protocol that allows people to take out stablecoin loans against one of the most sustainably productive collateral assets, @LidoFinance $stETH.

Scroll for the TL;DR.

You can also read the full announcement:

mirror.xyz/0xa486d3a7679D…
Why Raft?

The world needs a safe, decentralized stablecoin that can't be stopped, enabling billions to store value pegged to USD.

Recent events like the FTX collapse and the USDC depeg have shown the world the benefits of self-custody and censorship resistance. Image
Read 18 tweets

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