Fixed-rate borrowing has arrived for ONyc.
OnRe Market participants on @kamino can now lock in an 8% USDC borrow rate against ONyc across rolling 30-day terms, with $1.5M in initial liquidity.
love it when a project is always making positive moves
another massive step for @onrefinance
now the first RWA issuer across DeFi to build its own PropAMM system, servicing liquidity directly on-chain.
Partnering with @Titan_Exchange to bring this to solana DeFi is huge
I have always felt yield alone will not be enough for RWAs. If you cannot move the asset easily when you need to, that becomes a problem. Seeing OnRe work on the liquidity side of ONyc with Titan makes a lot of sense as usage grows.
If you are already active around ONyc, the renewed Exponent incentives are worth checking. 8x points on ONyc limit orders, 3x on srONyc, plus rewards. Might as well make the position work.
A lot of the AI tools people use today are built on top of models someone else spent serious time and money creating.
But here’s the problem:
Building a useful open-source AI model doesn’t automatically mean you have a good way to make money from it.
People can download it, build with it and sometimes create businesses around it.
The original builder still needs funding to keep improving the model.
This is one problem @AlpacaNetworkAI is trying to approach differently.
Through Modelz, builders can tokenize their open-source models and raise support from people interested in what they’re building.
The bigger idea is that if the model eventually gets real usage, that activity can feed into its own token economy.
I think that distinction matters.
A token shouldn’t be valuable simply because “AI” is attached to it.
There should be something underneath that people actually need.
For AI model tokens, the real test will eventually be simple:
Are developers actually using the model?