In partnership with @fraxfinance and @USDai_Official, @Re7Labs has launched a Frax USDai Ecosystem Vault on Mainnet.
This vault deploys frxUSD exclusively across curated opportunities within the USDai ecosystem to optimize yield and capital efficiency.
frxUSD lenders are currently 41.99% APY lending to sUSDai.
sUSDai loopers are currently earning 45.8% APY on sUSDai/frxUSD loops.
Find out more below 👇
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Following the USR security incident, $223k USDC in recovery proceeds is now claimable for affected wallets that held positions in Re7-curated vaults at the time of impact.
If you held positions on Re7 USDC Base or Re7 USDC Core Mainnet that were impacted by the exploit, you are able to claim now. Eligibility snapshots were captured at the point of market removal.
Please head to the @merkl_xyz app and connect your wallet to view your claim:
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Re7 and Resolv have finalized an agreement outlining a remediation framework in connection with the USR incident.
Additional details regarding the process will be announced over the coming days.
