$NEST higher as xStocks flows grow
xStocks need a native borrow layer
nobody has really built it yet at scale
$NEST is doing it
nUSD is backed by tokenized equities + USDC
borrow against xStocks, mint through the PSM
snUSD earns 6% from protocol revenue
TVL moved $342K to $508K overnight
MC is $3.2M
@xStocksFi is the collateral side
@PythNetwork handles pricing
@KaminoFinance is where borrow demand can show up
0.3% of tokenized equities is ~$100M TVL
NEST is $3.2M rn
higher as TVL keeps compounding
๐ KAT Bridge is now open to the public!
๐ https://t.co/F6SXrjMsXb
The KAT Bridge enables 2-way transfers of KRC20 on Kaspa L1 โ ERC20 on @Kasplex L2, a major milestone for the growth of #KRC20 and the Kaspa ecosystem.
๐ Wallet Support
1๏ธโฃ Kaspa L1 (KRC-20): @KastleWallet (recommended) or Kasware (you may need to open the Kasware extension and ensure it is connected before initiating your bridge transaction)
2๏ธโฃ Kasplex L2 (ERC-20): @MetaMask, @Rabby_io, @KastleWallet. Other EVM wallets may also work, but have not been fully tested.
The audit process is still ongoing, so please bridge responsibly while final checks are completed.
Together weโre building the foundation for Kaspaโs next chapter, secure, scalable, and unstoppable.
#KRC20 $KAS #Kasplex #Layer2
Let's start the day on a good note
2X PAWTATO LAND GIVEAWAY ๐
To Enter:
โข Follow @DeFi_Alien0, @cryptical190 & @PawtatoFinance
โข Like & RT
โข Tag 2 friends
48H โ
๐ New Week - New GIVEAWAY HERE with @PawtatoFinance
Reward: 1 Free Land (Floor price ~ 10 Sui)
๐ซก Easy to participate:
- Follow @PhamHauVan103 and @PawtatoFinance
- Like and repost
- Tag 3 of your friends
- Comment your Sui address
โฐ48 hours - Random pick by app - Good luck guys ๐ฅฐ๐ฅฐ