BIG $NEAR DEFI NEWS! 🔥 Don't Miss This Airdrop! 👇
Ref Finance (REF) and Burrow (BRRR) have officially merged into RHEA! A new DeFi platform that will make easier the life of its users! How? RHEA is built as a chain-abstracted liquidity layer, which means that users can swap, lend and margin trading without worrying about the chain they are on. For example, you will be able to use USDC from Ethereum to borrow NEAR tokens or trade for Bitcoin all in one place, without the need to switch wallets or networks. Rhea will handle everything in the background! How? thanks to its tech named: "intent-based routing"! Right now, RHEA supports NEAR, EVM chains and Bitcoin.
What about the Airdrop? Recently, RHEA introduced a points system that will reward its users with an airdrop token allocation The more you trade, engage in community missions and provide liquidity, the bigger your allocation will be. Also, holders of REF & BRRR will be able to convert them into RHEA with better rates!
In my opinion, RHEA will stand out as one of the best DeFi solutions! Why? Because it combines DEX, lending, margin trading and strategy automation all in one platform! Other DeFi solutions require multiple tabs, bridges and wallets which makes the process more complex and long. RHEA breaks down this complexity driving its adoption way more faster!
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