Very good DeFi push at @XDCNetwork
XDC's TVL is increasing regardless market's price situation and volatility.
$20mil so far in TVL and climbing..
Surge Program Epoch 001 proves that there is a demand from LPs to get into the chain led by @CurveFinance, @XSwapProtocol, and @okutrade, with a combined gain of over $7 million.
The majority of deposited assets are in USDC, scrvUSD, WXDC, and CGO, respectively, which shows one of the first instances of traction of stablecoins, especially @USDC, on the network.
I'm so bullish on the next Epochs when Money Markets start to get deployed on the network and further one-click deposit RWA vaults with DeFi exposure.
RWA is a market, and its landscape is insane and huge.
We aim to make XDC the primary settlement layer and infrastructure for private credit, with different risk tiers, as developed by @KasuFinance and other partners to be announced.
We're on the 3rd week of the Surge Program, next week we will probably have an RWA surprise 👀
Not financial advice | All personal opinion
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