Excited to introduce $PAPY, the Bitwise Premium RWA vault.
$PAPY is a
@Morpho vault that accepts
@withAUSD deposits. AUSD liquidity is programmatically provided to overcollateralized lending markets backed by RWA’s.
The initial set of RWA lending markets are backed by
@humafinance PST,
@hastrafi PRIME and
@USDai_Official sUSDai.
Onchain finance is just getting started and
@Bitwise is here to meet the moment. Let’s go!