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Rari Capital’s Week #31 Newsletter

Under the hood of Rari Capital this past week.

You have arrived at the 31th Rari Newsletter! This is my opportunity to share with the Rari Capital community and the overall ecosystem everything we have been up to this past week. Rari Newsletters are designed to inform the community of the latest news, product launches, governance proposals, and more! If you are interested in learning more about Rari Capital, follow our Twitter and join our Discord.

Give it a read and reach out with any questions! 👏

Summary

  • TVL: $1,181,710,480
  • New Fuse Pools: NFTX
  • Fuse Pools coming soon: Fox and Frens, FRAX Pool
  • Tetranode’s Locker passes $650,000,000 in supplied liquidity
  • FeiRari DAO Pool Launches Liquidity Mining
  • Permissionless pools live

💸 Financials (at time of writing):

Fuse Real-Time Dashboard: https://metrics.rari.capital/d/NlUs6DwGk/fuse-overview?orgId=1&refresh=5m

  • TVL: $1,181,710,480
  • Unclaimed fees (Fuse): $587,000
  • Unused reserves (Fuse): $282,000
  • Estimated monthly fees (Fuse): $471,000
  • Estimated yearly fees (Fuse): $5,640,000
  • Staked ALCX: $60,000
  • Earned ALCX: $21,300
  • Total RGT supply: 12,500,000
  • USDC Pool APY: 15.13%
  • DAI Pool APY: 9.99%

NFTX Pool

This past week, NFTX officially deployed their Fuse pool! NFTX is community driven protocol that creates liquid tokens for NFTs. Each ERC20 is backed by NFT collectibles. The protocol also utilizes their governance token, NFTX, to facilitate all proposals and improvements to the ecosystem.

If you hold NFTX or PUNK, you can now lend/borrow these tokens! Fei and Frax are also seeding this pool through their Fuse bootstrapping mechanisms to provide liquidity instantly.

Fuse Pool: https://app.rari.capital/fuse/pool/31

FeiRari DAO Pool Liquidity Mining

As of this week, all Fuse pool owners can deploy their own liquidity mining program through the edit page. Pool creators can choose all of their own unique parameters through their own Rewards Distributor contract. If you are a pool owner and have any questions about this process, please reach out!

Seen above, Fei is the first pool owner to launch liquidity mining and their DAO is currently incentivizing TRIBE stakers with TRIBE rewards directly through this pool!

Permissionless Pool Creation

Over the past several weeks, we have been slowly rolling out permissionless pool creation. This new feature is a huge milestone for Fuse and now anyone and everyone can deploy their own lending/borrowing pool that supports any tokens from:

  • Chainlink
  • Uniswap V3
  • Sushi/Uniswap TWAPs

Create new pool here: https://app.rari.capital/fuse/new-pool

We also published a full guide that has both written and visual tutorials here: https://raricapital.medium.com/rari-capital-permissionless-fuse-pool-guide-ad4da19e0a17

Upcoming Fuse Pools

There have been several Fuse pools created since the launch of permissionless pool creation, and several of them are created and owned by DAOs.

ShapeShift DAO: Fox and Frens

Frax: Fraximalist Money

Both of these pools are currently going through the governance process for verification and we will make an official announcement once these pools are live on the main dashboard.

Thanks for reading, and I hope you have a great week!

→ Jack (Twitter: @JackLipstone)

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The information provided in this Medium Post pertaining to Rari Capital,
Inc. (“Rari Capital” or the “Company”), its crypto-assets, business assets,
strategy, and operations, is for general informational purposes only and is not
a formal offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction and its content is not prescribed by securities laws. Information contained in this Medium Post should not be relied upon as advice to buy or sell or hold such securities or as an offer to sell such securities. This Medium Post does not take into account nor does it provide any tax, legal or investment advice or opinion regarding the specific investment objectives or financial situation of any person. Rari Capital and its agents, advisors, directors, officers, employees and shareholders make no representation or warranties, expressed or implied, as to the accuracy of such information and Rari Capital expressly disclaims any and all liability that may be based on such information or errors or omissions thereof. Rari Capital reserves the right to amend or replace the information contained herein, in part or entirely, at any time, and undertakes no obligation to provide the recipient with access to the amended information or to notify the recipient thereof. The information contained in this Medium Post supersedes any prior Medium Post or conversation concerning the same, similar or related information. Any information, representations or statements not contained herein shall not be relied upon for any purpose. Neither Rari Capital nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this Medium Post by you or any of your representatives or for omissions from the information in this Medium Post. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed in this Medium Post.

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Rari Capital enables individuals everywhere to access financial technologies previously limited to an elite few.

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Jack Lipstone

Jack Lipstone

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