Automating RWA looping: 3F (
@3f_xyz)
• Built on
@Morpho: automates the loop of buying assets → depositing collateral → borrowing stablecoins → repeating.
• Currently in private beta on
@ethereum mainnet, according to its official website.
The focus is on making existing RWAs more useful, rather than issuing new assets. But leverage also amplifies losses: rising borrowing rates, redemption delays, collateral credit risk, and smart-contract risk remain.