If you’ve been around @NEARProtocol ’s DeFi scene, you’ve probably heard of Ref Finance and Burrow. Well, they've merged into @rhea_finance → the new chain-abstracted liquidity layer merging the strengths of both, with eyes set on growing the NEAR ecosystem! Let's dive in deeper 👇 ---------------------------------------- "So, what exactly is Rhea?" Built on @NEARProtocol, Rhea is DeFi project reimagined w chain abstraction in mind. It combines Ref’s DEX liquidity with Burrow’s lending capabilities, forming a unified app layer that abstracts away the underlying chain. ---------------------------------------- "ELI5 ser" $RHEA users get a smooth experience w/o worrying which chain they’re on. Swapping, borrowing, and earning yields across ecosystems, all from a single front-end. No more “bridge anxiety.” (PHEW!) Furthermore, Rhea has also laid out an ambitious roadmap for BTCFi. As BTC composability becomes more prevalent in DeFi, Rhea is positioning itself as a major liquidity layer for BTCFi. ---------------------------------------- "oh, $RHEA is supporting BTCFi?" With native BTC solutions like nBTC on NEAR and plans to abstract its utility across chains, @rhea_finance could become the place for users to put their BTC to work - be it borrowing against it, LP-ing with it, or aping into cross-chain opportunities w confidence. And doing so isn’t just a @NEARProtocol play, but a bet on the next wave of DeFi, where the UX feels centralised but is entirely onchain and composable. Besides, Pill has also spotted various pools and farms which could be interesting to share in the next posts! Which part of the Rhea roadmap has you most excited? The BTCFi play or the seamless UX? *That being said, remember to convert your $REF and $BRRR tokens into $RHEA ---------------------------------------- Tagging frens who might be interested in Rhea: @monosarin @0xAndrewMoh @CryptoShiro_ @poopmandefi @eli5_defi @marvellousdefi_ @0xCheeezzyyyy @crypto_linn @YashasEdu @CipherResearchx @splinter0n @belizardd @lenioneall @FabiusDefi @St1t3h @the_smart_ape @cryppinfluence @TheDeFiPlug @0xMrDiaz @defi_mago @0xDefiLeo @kenodnb @bullish_bunt @AlwaysBeenChoze @Mars_DeFi @nursexxl @Defi_Warhol @0xTindorr @PenguinWeb3