anymose🐦‍⬛
anymose🐦‍⬛|Aug 19, 2025 12:15
What kind of bicycle does First Infrastructure need with a market value of less than 15 million? The Kaito airdrop for Near has been sent, and I need to go to the Rhea page to claim it. I'm still thinking about getting some NEAR as gas! Overthinking, Rhea already supports various native chain tokens as gas, and the entire process is very smooth. We need to stock Rhea again. Let's dive in! ⬇️ Previously, the metaphor of "butler" was used to explain the "intention based" gameplay, which was done using @ rhea_finance as a case study. However, it was later added to Binance Alpha. I don't have many secondary trades, so I'm learning again because there are some airdrops. According to the calculation of the owner @ thecryptoskanda, the DEX at the top of the public chain can generally account for 1-5%. Based on this calculation, RHEA still has at least 2-3x space. Therefore, the airdrop will not be sold for now and will be directly pledged. Staking RHEA can yield xRHEA and capture 20.92% APR, while staking NEAR can yield 9.61% APY of rNEAR, making it the first multi chain LST in the Near ecosystem. Pledged vouchers can be boosted to a maximum of 50% in lending. Rhea's official website also divides its business into three parts: DEX, Lending, and BTC.Rhea. That's right, this is the entrance to BTCFi on the Near chain. You can use BTC as gas to operate your Bitcoin wallet, which is very smooth. In addition to BTC, with Chain Abstraction and MPC Wallet, Rhea will soon support BNB Chain, which can unlock greater liquidity once again. More than $700 million of stablecoins are currently circulating on the Near chain, with the majority of the liquidity coming from Rhea loans. After overcoming the pressure of airdrop selling, short-term speculation should be out of the market. The public chain Longyi DeFi Center with a market value of 14 million yuan still feels relatively cheap, and its lending market size has reached 232 million US dollars. From this perspective, RHEA's inclusion in the watchlist means that it is no longer just a DEX. At least for now, it serves as the DeFi infrastructure for the entire Near chain. / Author: Anymose | A Soft Core Science Popularization Writer This article is for educational purposes only and does not constitute any investment advice. Always remember DYOR!
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