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Produced by Daniel Aharonoff & Mogul Media AI

PYUSD Loans and Tokenized Assets: A New Era in DeFi

Unleashing Potential: PYUSD Loans and Tokenized Real World Assets In a groundbreaking development within the decentralized finance (DeFi) sector, a Swiss-based platform, Backed, has emerged as a pivotal player by powering PYUSD loans through tokenized Treasury Bill ETFs. This innovative approach not only enhances the utility of PYUSD but also provides new avenues for users to earn yield on their deposits, thus reshaping the landscape of stablecoins and lending markets. The Mechanics of PYUSD Loans Depository Functionality : Users can deposit PYUSD, a regulated USD stablecoin issued by Paxos for PayPal, into a Morpho Blue vault. This vault supports two types of collateral: Backed's tokenized Treasury Bill ETFs Lido’s wstETH Yield Generation : Depositors of PYUSD earn yield by lending to borrowers who take out loans. This dual engine mechanism—an innovative blend of real-world yields and crypto rewards—optimizes returns across varying market conditions. Tokenized Rea
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Produced by Daniel Aharonoff & Mogul Media AI

Unveiling the Dual-Layer Structure of RSS3 Mainnet: Revolutionizing the Open Web

RSS3 is making waves with the announcement of its Mainnet launch set to take place in the first quarter of 2024. The RSS3 Mainnet introduces a groundbreaking dual-layer structure that sets it apart from other platforms in the decentralized space. With a Data Sublayer (DSL) dedicated to the efficient management of Open Information and a Value Sublayer (VSL) functioning as an Ethereum Layer 2 (L2) with adjusted OP Stacks and Celestia DA, RSS3 is poised to revolutionize the handling of values derived from the DSL. One standout feature of the DSL is the ability for users to quickly set up a private Web3 AI in just about 15 minutes, adding a new dimension to the decentralized ecosystem.

The Journey of RSS3: Pioneering Open Web Since 2021

Since its inception in 2021, RSS3 has been on a mission to transform the Open Web, drawing inspiration from Aaron Swartz and the original RSS protocol. The upcoming Mainnet launch marks a significant milestone in RSS3's quest to establish a robust Open Information infrastructure for the next generation of decentralized applications.

Milestones and Innovations: The Testnet Era

Throughout its journey, RSS3 has been a catalyst for innovation with its Testnet, making substantial contributions to various fields. Key developments from this period have laid the groundwork for the upcoming Mainnet launch and the advancements it will bring to the decentralized landscape.

The RSS3 Mainnet: A New Paradigm for Open Information

As the Mainnet launch approaches, RSS3 is positioned as a trailblazer in the Open Web movement. The platform's architecture, detailed in an upcoming whitepaper, promises a revolutionary approach to the ownership and utilization of Open Information.

  • RSS3 DSL: The Data Sublayer (DSL) within the RSS3 Network houses all Open Information. Users are encouraged to participate by setting up a Node or delegating their tokens to support the maintenance and growth of the DSL. Builders can leverage the DSL to effortlessly create decentralized search engines or social applications. For those interested in advanced capabilities, spinning up a DSL node in just 15 minutes allows users to select a dataset and deploy their own private AI within the same node.

  • Value Sublayer (VSL): The Value Sublayer (VSL) serves as an Ethereum Layer 2 with adjusted OP Stacks and Celestia DA. It is designed to handle values derived from the DSL, offering enhanced functionality and efficiency within the RSS3 ecosystem.

The impending launch of the RSS3 Mainnet heralds a new era for Open Information management and decentralized application development. By combining innovative technology with a commitment to empowering users, RSS3 is set to redefine the standards of the Open Web ecosystem.

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