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Meta
Meta|Jul 07, 2025 08:14
Recently, while browsing the Near ecosystem, I frequently came across @ rhea_finance. At first, I didn't pay much attention and thought it was just Ref changing its name to continue working on DEX. But upon closer inspection, they found that this wave is not just about changing skins, but rather planning to rewrite the entire DeFi infrastructure logic of NEAR. My personal understanding is the evolved version of Rhea=Ref Finance (NEAR maximum DEX)+Burrow Finance (NEAR maximum lending), with the aim of creating a unified entrance for DeFi on NEAR that can trade, lend, cross chain, automatically earn money, and even sell BTC. Recently, we have announced partnerships with OKX Wallet and Bitget Wallet, especially in the area of BTCFi. We have directly stated on the landing page that by connecting with a native BTC wallet, we can do Swaps, provide liquidity, and participate in lending. All processes are supported by NEAR's blockchain abstraction. The most intuitive feeling in this experience is' smoothness and unity ' I personally particularly like its product setting of "Cross chain AI Vault". In the past, when using DeFi, it was necessary to frequently switch chains, adjust warehouses, and research strategies on one's own. Rhea's vault can be configured with just one click in the future, and AI will automatically run the optimal profit solution. You just need to save money, it will help you find the optimal strategy on its own, and it is chain abstraction+ZK driven. To put it bluntly, Rhea is packaging the "troubles of DeFi" into the system and leaving the "benefits and experience" to users. What everyone is most concerned about is definitely the points system and TGE opportunities! Rhea currently has a running points system where points can be earned through interaction. The gameplay includes one ️⃣ Trading (including spot and margin) two ️⃣ Borrowing (deposit or lending) three ️⃣ Cross chain interaction four ️⃣ Invitation rebate (the more invitations, the more points) five ️⃣ Mouth slapping: Writing content, posting tweets, and doing tutorials also have rewards As long as you participate, there will be points. That is to say, every interaction now is actually paving the way for airdrops in advance. The official has also made it clear that the points system will end on the day of RHEA IDO, with token distribution and point binding. At present, there are actually not many projects that combine low-cost distribution with clear airdrop paths. From a background perspective, Ref Finance was personally led by Illia, co-founder of @ NEARProtocol, with support from institutions such as Jump, Dragonfly, SevenX, and OKX Ventures. As they say, Rhea is the DeFi layer of NEAR, not a single track protocol, but the foundation of the entire DeFi. It's easy to participate now. Just come in and use it to earn points. This is the transaction, this is the borrowing and lending. When they reach IDO, there may be some surprises to look at the points situation. Portal: https://dex.rhea.finance/points?code=BCN1XdY
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Timeline

Aug 06, 07:35【Users holding 200 Alpha points can receive 1000 FIR token airdrops】
Aug 06, 07:30【HTX Launchpool launches APEPE, ES, and SNAKES token rewards】
Aug 06, 06:48【ANTTIME is listed in the Innovation Zone and has received an airdrop of 65000 USDT】
Aug 06, 05:35【Gate becomes the first partner of Global Dollar Network】
Aug 06, 03:03【Thank you to the YoroiWallet team for providing an airdrop application experience】
Aug 06, 02:12【Succinct mainnet is online, airdrops can be claimed now】
Aug 06, 01:05【Newton's second airdrop is here again】
Aug 06, 00:27【MetaMask plans to collaborate with Stripe to launch mmUSD stablecoin】
Aug 05, 21:31【Ripple welcomes unique perspectives】
Aug 05, 21:27【DAW is a meme token that focuses on developer behavior and community dynamics】

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