PT-reUSD looping is live on Monad.
Bridge reUSD from Ethereum to Monad, buy PT-reUSD on Pendle, then borrow USDC against it on Morpho.
Holding YT-reUSD instead? YT holders receive 30x Re Points + 0.54% APR in MON, on top of reUSD’s ~7% yield.
Note: MON rate rises toward 0.75% in a linear line as market TVL grows towards $10M and never drops back.
#reinsurance #RWA #PENDLE #Monad
Bridge reUSD from Ethereum to Monad, buy PT-reUSD on Pendle, then borrow USDC against it on Morpho.
Holding YT-reUSD instead? YT holders receive 30x Re Points + 0.54% APR in MON, on top of reUSD’s ~7% yield.
Note: MON rate rises toward 0.75% in a linear line as market TVL grows towards $10M and never drops back.
#reinsurance #RWA #PENDLE #Monad