I think you should understand how big is this.
@GSR_io is rolling out
@hare_xyz with
@turtledotxyz, embedding its credit underwriting and risk playbook directly into onchain vault infrastructure.
The debut lineup includes:
→ Hare USD Earn for leading USD stablecoins
→ Hare Gold Earn for Paxos’s tokenized gold
Both products built atop
@aave, with
@Paxos Labs helping power the gold vault. A $100M GSR backstop, largely structured as a multiyear credit line, seeds the vaults with day-one liquidity.
My take is simple:
As tokenization scales, the market will want more than tokenized assets, it’ll want yield and utility around them.
Hare probably is the best product on that demand, delivered with institutional-grade management.
Higher.