
Zap is going crosschain ⚡️ From hundreds of assets to a thousand Beefy strategies in just one click. Powered by @circle CCTP
I-ON Digital Corp
1.8K posts

@IONDigitalCorp
Transforming gold + real-world assets into compliant, liquid digital markets. Regulated tokenization • Digital banking • Institutional-grade yield.

Zap is going crosschain ⚡️ From hundreds of assets to a thousand Beefy strategies in just one click. Powered by @circle CCTP











How to build a $100M RWA protocol with "bribes". While most RWA projects struggle, @Raacfi is moving fast. And the secret is pmUSD. This stablecoin is backed by physical gold audited by ION Digital. Thanks to the recent gold rally, the metal's value far exceeds the pmUSD in circulation. They’ve already hit a TVL of $100M, definitely not bad for a newcomer. But the real magic is how they handle liquidity. Instead of deplying on Uniswap, they went straight to the @CurveFinance Wars: > pmUSD has $35M across three Curve pools. The biggest ($17M) is paired with crvUSD. > Native trading volume yields are low, so they play the "bribe game." By accumulating vlCVX from @ConvexFinance, they’ve become the 4th largest political power in the ecosystem, controlling 4.1% of the total voting power (@defiwars_ please add them on your list). > They direct CRV emissions to their own pools, offering sustainable yields because they control 8% to 12% of the incentives each epoch. This crushes the competition and provides predictability to LPs. Given their governance share, I calculated that they spent roughly $3.5M buying vlCVX before the product was even fully running. My question is... where did that capital come from? Imagine if giants like PayPal or Ripple stopped using money market incentives to grow their stablecoins and started playing these governance games. If RAAC can do this with tens of millions, a corporate entry would be spectacular to watch.








