re.al$RWA Rewards Distributions
Below are several updates on the status of the $RWA rewards program including claims on veRWA rewards.Season 1 ClaimsDelegated veRWA positions will be claimable by all program participants starting December 3, 2024. This means ownership over the veRWA will transfer from the protocol to the users when the NFT is claimed. Claims will be available in the lock page of the re.al app. Positions which were previously marked as “delegated” will have a new option to be claimed, on the same page lock p...
re.alre.al: The first permissionless L2 for tokenized real world assets
WHAT IS RE.AL? re.al is the first permissionless L2 for tokenized real world assets (RWAs). Through tokenization and DeFi composability, we will redefine asset ownership and value creation, transforming the way RWAs are bought, sold, and leveraged on-chain. By supporting the development of a robust ecosystem to build deep liquidity for RWAs, we seek to be the primary destination for builders and investors who are looking to participate in this emerging DeFi category. Why RWAs? Through tokeniz...
re.al$RWA Rewards Program: Season 2 Update
Season 1 ReviewOur goal for Season 1 of the rewards program was to introduce new users to re.al, growing accounts while attracting TVL and capital deployments into the protocols on the chain. Reviewing various metrics, Season 1 has been a great first step in launching re.al to a new community of users. By many measures, re.al is one of the fastest growing L2s in DeFi, looking at bridge transactions and TVL growth. Both new accounts and active accounts continue to trend up and to the right and...
The first permissionless L2 for tokenized RWAs.
The following is a brief update on the status of the ecosystem along with some upcoming items to keep a lookout for…
Frens
Frens is currently live on re.al, in Beta. Check out this post for more on Frens: https://x.com/thefrensapp/status/1877434807367651767?s=46&t=pP3fPabyPmRQVEknXfPPJA
Over the coming weeks, the Frens team expects to continue to build out features for the platform agents, including the ability to pull in live data from the web, post to X and be trained by simply supplying links to websites.
Follow them on X for more details on the product roadmap and go to market updates.
What does this mean for re.al?
Many components of Frens, including the native token FREN, were built on top of existing Pearl infrastructure. This article from Pearl provides a comprehensive summary on the integration. In short, FREN is a wrapped derivative of PEARL and a token sink for current and future DEX emissions.
“Pearl’s integration with Fens takes the ve(3,3) mechanic to new heights, deeply integrating an emissions token into the operations of a completely unique onchain application.”
If Frens is successful in driving new users to the chain (top of funnel user acquisition), we expect that growth in new onchain users to also correlate with increased emissions value on Pearl and improved liquidity conditions on re.al. This benefits the current ecosystem protocols and token holders.
Additionally, Frens brings a new dynamic to the chain, broadening the focus to include an emphasis on SocialFi and AI, hyped categories and functional difference makers. The success of Frens would certainly impact the chain’s product roadmap for the next 12 months, helping shape the product and narrative experience on re.al.
USDR
Tangible has posted a separate update on the status of USDR property liquidations.
The following is a brief update on the status of the ecosystem along with some upcoming items to keep a lookout for…
Frens
Frens is currently live on re.al, in Beta. Check out this post for more on Frens: https://x.com/thefrensapp/status/1877434807367651767?s=46&t=pP3fPabyPmRQVEknXfPPJA
Over the coming weeks, the Frens team expects to continue to build out features for the platform agents, including the ability to pull in live data from the web, post to X and be trained by simply supplying links to websites.
Follow them on X for more details on the product roadmap and go to market updates.
What does this mean for re.al?
Many components of Frens, including the native token FREN, were built on top of existing Pearl infrastructure. This article from Pearl provides a comprehensive summary on the integration. In short, FREN is a wrapped derivative of PEARL and a token sink for current and future DEX emissions.
“Pearl’s integration with Fens takes the ve(3,3) mechanic to new heights, deeply integrating an emissions token into the operations of a completely unique onchain application.”
If Frens is successful in driving new users to the chain (top of funnel user acquisition), we expect that growth in new onchain users to also correlate with increased emissions value on Pearl and improved liquidity conditions on re.al. This benefits the current ecosystem protocols and token holders.
Additionally, Frens brings a new dynamic to the chain, broadening the focus to include an emphasis on SocialFi and AI, hyped categories and functional difference makers. The success of Frens would certainly impact the chain’s product roadmap for the next 12 months, helping shape the product and narrative experience on re.al.
USDR
Tangible has posted a separate update on the status of USDR property liquidations.
re.al$RWA Rewards Distributions
Below are several updates on the status of the $RWA rewards program including claims on veRWA rewards.Season 1 ClaimsDelegated veRWA positions will be claimable by all program participants starting December 3, 2024. This means ownership over the veRWA will transfer from the protocol to the users when the NFT is claimed. Claims will be available in the lock page of the re.al app. Positions which were previously marked as “delegated” will have a new option to be claimed, on the same page lock p...
re.alre.al: The first permissionless L2 for tokenized real world assets
WHAT IS RE.AL? re.al is the first permissionless L2 for tokenized real world assets (RWAs). Through tokenization and DeFi composability, we will redefine asset ownership and value creation, transforming the way RWAs are bought, sold, and leveraged on-chain. By supporting the development of a robust ecosystem to build deep liquidity for RWAs, we seek to be the primary destination for builders and investors who are looking to participate in this emerging DeFi category. Why RWAs? Through tokeniz...
re.al$RWA Rewards Program: Season 2 Update
Season 1 ReviewOur goal for Season 1 of the rewards program was to introduce new users to re.al, growing accounts while attracting TVL and capital deployments into the protocols on the chain. Reviewing various metrics, Season 1 has been a great first step in launching re.al to a new community of users. By many measures, re.al is one of the fastest growing L2s in DeFi, looking at bridge transactions and TVL growth. Both new accounts and active accounts continue to trend up and to the right and...
The first permissionless L2 for tokenized RWAs.
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