Rari Capital Enhances Roboadvisor Platform with Addition of mStable mUSD
mStable and Rari Capital are happy to share that Rari has integrated mUSD into its “Smartest Stable Robo-Advisor” platform, allowing mUSD holders to easily deposit up to 5,000 mUSD (or other USD-pegged stablecoins) and begin earning interest immediately.
Rari Capital offers a non-custodial roboadvisor platform where depositors receive Rari Stable Tokens (RSPT) equivalent to their USD stablecoin deposit, where Rari then lends out the stable coins on platforms like Compound Finance, dYdX, and Aave. They use rebalancing tactics to maximize returns with exclusive exposure to USD by swapping between stable coins, like mUSD, and lending protocols like mStable Earn.
As soon as you deposit and receive your RSPTs, you start earning yield.
Adding mUSD represents Rari Capital’s acknowledgement of mUSD’s utility beyond mStable’s native dApps, providing mStable Earn-style utility to our native stablecoin. We’re excited by Rari Capital’s choice to integrate mUSD because it reminds us that anyone can build upon the mStable platform, anywhere. Over the coming months, we hope to see more strategic partnerships like this that add utility and value to mUSD and the rest of the mStable ecosystem. Our thanks to the team at Rari for choosing to build on mStable!
