Nanarue

25x ⬢ Cores for holding trUSD. 35x in the Ecosystem Vault. Up to 45x on Pendle. Cores are points for contributing to Tori's growth. 6,701 wallets are on the leaderboard today. Every way to earn, with its live Cores rate, is on app.tori.finance/defi. Details below.

Tori is a launch partner for @Chainlink CCIP Vault Adapters. They let a protocol keep a single vault on its home chain while users on other chains supply to it without bridging first. Tori will run a CCIP Vault Adapter for the Tori Ecosystem Vault on @Monad, curated by @RockawayX. Users on supported chains will be able to supply AUSD (@withAUSD) and receive metrUSD on Monad.

今晚 9 点，我们将召开第一次 Tori 中文 AMA！ 本次 AMA 将邀请 Tori 创始人，和嘉宾 @MengLayer、 @0xYond 一起参与讨论，并由 @KazumaxCrypto 担任翻译和主持。 我们会重点聊： - Tori 的收益到底从哪里来？ - 它和普通 DeFi 中性策略有什么不同？ - 新兴市场美元对冲 carry 到底怎么玩？ - trUSD / strUSD 的机制和风险框架是什么, 如何利用Pendle等defi协议参与? 中国大陆时间今晚 9 点，欢迎来听，也欢迎现场提问。 teapaw.org/i/spaces/1YGNrbnQRpoGw…

Tori has an A rating on Protocol Transparency Ratings. The ratings are a new product on @AccountableData. @RockawayX grades how much a Proof of Solvency dashboard discloses.

Tori has distributed a total of $1,000,000 in rewards to users.

trUSD and strUSD are supported at BitGo Bank & Trust, N.A., the federally chartered digital asset trust bank subsidiary of @BitGo. Institutional Custody: Every venue Tori has shipped so far changed what you can do with trUSD and strUSD. Borrow against them on @Morpho, split them into principal and yield on @pendle_fi, swap them on @CurveFinance. BitGo changes who can hold them. If your mandate requires a qualified custodian, a self-custody wallet is not an option, whatever the asset pays. A regulated custodian is what makes the position possible. How they are held: BitGo enables trUSD and strUSD for regulated custody accounts, insured up to $250M. Links below.

trUSD and strUSD are live on Pendle. PT, for a fixed rate: PT-strUSD is at 12.25% for the 119 days to maturity, whatever strUSD's yield does in the meantime. It costs $0.9629 and redeems for 1 trUSD. YT, for the variable yield and the Cores: YT-strUSD costs $0.0368. A YT is a claim on that yield until 26 November, and nothing after it. It only pays off if the yield and Cores it collects beat what you paid. LP, for a mix of both plus swap fees: You supply either side and hold a share of the pool, part PT and part SY. The SY side keeps earning strUSD's yield, with swap fees and PENDLE incentives on top. Pendle reads the strUSD pool at 16.25%, 1.41% of that in PENDLE. The rate moves with volume and the SY ratio. Cores: YT-strUSD earns 6x and YT-trUSD earns 30x. Lock the YT on Tori and both rise 50%, to 9x and 45x. An LP earns 9x on strUSD and 45x on trUSD, against 5x for holding strUSD on its own. An LP holds PT alongside SY, so it carries less of the variable yield than holding strUSD, and its Cores land on the SY portion rather than the whole position. trUSD runs the same structure. It does not accrue yield, so its entire PT rate is the discount to par, 13.95%. YT-trUSD costs $0.0415. PT markets go live on Morpho on Sunday 2 August. PT looping follows. Links below.