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OpenFi officially launches on the Pharos mainnet, ushering in a new era of RealFi

MeNews
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Abstract generation in progress

ME News Announcement, May 15 (UTC+8), the next-generation RWA (Real World Asset) collateralized lending protocol OpenFi officially announced its deployment on the Pharos mainnet, marking a key milestone as it transitions from the testnet phase to large-scale application. Starting today, users can access and experience the full product.

OpenFi is positioned as a bridge connecting traditional finance (TradFi) and decentralized finance (DeFi), by tokenizing real-world assets as collateral to provide compliant, instant, and low-cost stablecoin lending services to users worldwide.

** About OpenFi **

OpenFi is an RWA collateralized lending protocol deployed on the Pharos network, dedicated to bringing real-world assets onto on-chain finance, unlocking global liquidity, and accelerating the maturity and expansion of the RealFi ecosystem.

Official website:

Twitter:

RWA-1.04%
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0xPeachy
· 5h ago
Pharos ecosystem is getting more and more lively, and the speed of this OpenFi migration is impressive.
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OffshoreWindOrder
· 9h ago
For OpenFi that does RWA collateralization, the risk control model is key, and after the mainnet launch, we need to closely monitor the bad debt rate.
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GateUser-7cb48814
· 9h ago
Low-cost stablecoin lending is quite attractive to small and medium-sized enterprises; looking forward to actual adoption data.
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ViewingBullAndBearMarketsFromA
· 9h ago
Deploying the mainnet is just the beginning; TVL growth and institutional partnerships are the real challenges.
View OriginalReply0
MoonlightTake-ProfitLine
· 9h ago
Choosing the May 15th date was perfect, just in time for the market rebound.
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ReflectiveChainShadow
· 9h ago
Real-world asset collateralization + instant lending, the bridge between TradFi and DeFi has been built.
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PaperSculptureOctopus
· 9h ago
The RealFi ecosystem puzzle has added another piece, but the competition is fierce, with Aave and Maker both deploying RWA.
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