RAAC

A lending and borrowing ecosystem powered by real-world assets / More Info:

[RAAC @Raacfi]

$iREET bond maturity starts today.

17 properties. Real rental income. NAV intact at $1.037538.

Here's what you're holding and what you can do with it🧵

[RAAC @Raacfi]

Every contract RAAC ships is reviewed by @PashovAuditGrp, the firm trusted by Aave, Uniswap, and Ethena.

Here is what that work looks like in practice. 👇
https://t.co/JiaHdRwAuq

[RAAC @Raacfi]

Do not click any link under this tweet. Any content that looks like RAAC is a spam, fake, or phishing attempt.

*RAAC protocol is only available in a limited number of jurisdictions and is not available in the US*

[RAAC @Raacfi]

June Mid-Month Yield Report.

This latest report covers $87,794 in CRV emissions directed to RAAC pools this epoch, a 119.02% return on incentives, the iREET pool's growth post bond maturity, and more👇

https://t.co/NOeExTza0S

[RAAC @Raacfi]

Do not click any link under this tweet. Any content that looks like RAAC is a spam, fake, or phishing attempt.

*RAAC protocol is only available in a limited number of jurisdictions and is not available in the US*

[RAAC @Raacfi]

We're sharing more on how $pmUSD redemption will work.

General flow:
KYC verification → redemption request (gold bars or coins) → pmUSD locked and escrowed → purchase executed through our redemption partners → delivery to you or a depository of your choice.

Partners on the precious metals side:
APMEX and Kitco.

This is the general structure. A final, detailed flow will be published closer to the redemption launch date.

Full breakdown and your questions answered in Discord: https://t.co/JQxqfrm3NM

[RAAC @Raacfi]

Do not click any link under this tweet. Any content that looks like RAAC is a spam, fake, or phishing attempt.

*RAAC protocol is only available in a limited number of jurisdictions and is not available in the US*

[RAAC @Raacfi]

Since the start of the Bond maturity, the $iREET token on @curvefinance grew from 345.6k to 1.70m units.

This growth will be supported by CRV emissions from RAAC's voting power.

You can get iREET from the pmUSD pool.

[RAAC @Raacfi]

That combination of easy access to US Real Estate exposure, appreciation and yield does not exist in the traditional world. It exists because $iREET brings a real-world income-generating asset into DeFi infrastructure.

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Do not click any link under this tweet. Any content that looks like RAAC is a spam, fake, or phishing attempt.

*RAAC protocol is only available in a limited number of jurisdictions and is not available in the US*

[RAAC @Raacfi]

iREET: 17 Properties. Real Rent. On Ethereum.🧵

Buying real estate IRL is not simple. You need capital, credit history, legal documentation, a broker, often a local presence, and it takes months of process before you can own anything.

Then, once you do, the average annual yield on a single-family rental property (in the US) sits between 5% and 8%. On top of that, you have no liquidity, no composability, and most importantly no way to put that asset to work beyond collecting rent.

$iREET is an asset that offers a whole other level of possibilities if you are interested in real estate investment.

[RAAC @Raacfi]

The yield layer: what traditional Real Estate cannot offer.

Here is where $iREET becomes a truly unique opportunity for anyone looking at DeFi products backed by real estate.

Traditional real estate exposure gives you appreciation and rental yield. Usually, it is somewhere between 5% and 8% annual return if you are doing well. But it is illiquid and locked. No additional upside from the asset sitting in a portfolio.

In the Curve pool, $iREET is currently generating a minimum of 14% APY for liquidity providers, up to 37% on other liquidity options such as Convex.

This yield is sourced from Curve gauge emissions that RAAC is able to direct to this pool, with the voting power the protocol owns.

[RAAC @Raacfi]

Do not click any link under this tweet. Any content that looks like RAAC is a spam, fake, or phishing attempt.

*RAAC protocol is only available in a limited number of jurisdictions and is not available in the US*

[RAAC @Raacfi]

The protocol's $CRV emissions are still working hard.

RAAC achieved 8.90% total veCRV weighting this epoch, worth $96,971.78 based on current $CRV price ($0.2475)

[RAAC @Raacfi]

https://t.co/dZZZrw7Kct

[RAAC @Raacfi]

Do not click any link under this tweet. Any content that looks like RAAC is a spam, fake, or phishing attempt.

*RAAC protocol is only available in a limited number of jurisdictions and is not available in the US*

[RAAC @Raacfi]

Gold down 15%. Treasury yields at multi-year highs.

RAAC's collateral ratio held.
Gauge voting power reached 4.49% of all veCRV.

May market report: macro conditions, RWA performance, and what it means for pmUSD and iREET🔽
https://t.co/g8U6p2qh76

[RAAC @Raacfi]

$pmUSD and $iREET are tradeable on @agra_gg orderbook.

For large-size trades where Curve pool depth isn't enough, Agra is the venue. Peer-to-peer, on-chain settlement.
Low slippage on size.

Very efficient infrastructure for whales and institutional access to RWAs.

[Agra @agra_gg]

Today we're announcing our partnership with @Raacfi to bring both pmUSD and iREET onto Agra, with their [Redacted] product to follow.

REITs made real estate liquid. They gave investors tradable exposure to income producing property, with continuous price discovery and liquidity.

Through this partnership, we’re not only enabling liquid onchain markets, we’re also bringing DeFi composability to the real estate market.

RAAC's iREET token brings real estate exposure onchain in a form that can be traded, priced, and integrated across DeFi.

pmUSD is a fully collateralized USD pegged stablecoin backed by precious metals. It is the first of its kind to maintain its backing through precious metals as collateral.

RAAC will provide balance-sheet liquidity to support both the pmUSD and iREET markets.

[RAAC @Raacfi]

$iREET Bond matures smoothly and the $iREET pool experiences a 3x growth in assets.

17 properties, $5.9M in underlying value, $41,884 in monthly rental income.
Unimpaired.

Next, $iREET becomes collateral in RAACLend.
More details coming👇

[RAAC @Raacfi]

$iREET bond maturity starts today.

17 properties. Real rental income. NAV intact at $1.037538.

Here's what you're holding and what you can do with it🧵