Read on Twitter
1/ Rari Capital's mission is to enable individuals to farm yield autonomously, while catering to any risk appetites. It is run by @jai_bhavnani and @JackLipstone who have co-founded a company previously (acq. by MyCrypto)
2/ The biggest moves to watch out for by this fast-moving, talented, and seriously young team are the following:
1. Fuse
2. Tanks
3. Building of L2s
1. Fuse
2. Tanks
3. Building of L2s
3/ What is Fuse? @jai_bhavnani has been shilling it as if it could cure cancer.
Fuse is a product that would enable "superfluid collateral", the idea that one should be able to post anything as collateral as long as it has value.
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Fuse is a product that would enable "superfluid collateral", the idea that one should be able to post anything as collateral as long as it has value.
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4/ ...
By starting with allowing assets tradeable on Uniswap to qualify as collateral, Fuse aims to support all collateral types, from conventional ones like mortgages to innovative ones like tweets!
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By starting with allowing assets tradeable on Uniswap to qualify as collateral, Fuse aims to support all collateral types, from conventional ones like mortgages to innovative ones like tweets!
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5/ ... The capital efficiency Fuse could possibly bring to users is enormous.
No wonder @jai_bhavnani is so excited about it.
Perhaps it might just cure cancer after all. https://twitter.com/jai_bhavnani/status/1359564709851062272?s=20
No wonder @jai_bhavnani is so excited about it.
Perhaps it might just cure cancer after all. https://twitter.com/jai_bhavnani/status/1359564709851062272?s=20
6/ The next big move by Rari is "Tanks". This is going to be a vault-like mechanism that enables users to lock up assets (for interest) and deposit them into any of Rari's three pools (Stable, Yield, ETH), in effect earning interest twice over!
7/ Lastly, the enthusiasm of the Rari team, most notably @transmissions11 , in exploring L2 solutions is a sign that they are moving in the right direction https://twitter.com/transmissions11/status/1351448589390606337?s=20
8/ Personally, I am very excited about Rari and the future of $RGT because of the team: they are some of the youngest, biggest hustlers I've seen around and I respect that.
Betting on the people.
Betting on the people.
9/ Add to that one of the freshest ideas ("Fuse") that has the potential to, in the words of @jai_bhavnani , "eat up all blockhchain-based value (and eventually all value)", and you have a no-brainer bet at $70m FDV at the time of this tweet.
10/ Full disclosure: I begun my defi journey 4 months ago and $RGT is my first 10x. It started as a meme bet with a friend at <$6m market cap, but over the past few weeks the Rari team has impressed me greatly with their innovation and drive.
