Tokenized real-world assets are only as useful as the system around them.
Putting an asset onchain is the first step. The harder part is building what lets people use it: borrow against it, lend into it, and have a say in how it runs. That is what the team has been working on these past few months.
Today we are opening RAAC testnet V2. Anyone can see the system for themselves.
V2 is not a cosmetic update:
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$iREET is now a structured product issued and managed by RAAC, simpler to hold and use as collateral
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$pmUSD is the native borrow token across the lending system
Governance, Liquid Locker, Maturity Vault and a new dashboard are live on testnet for the first time
The reason to open the testnet is simple: We would rather show the system than describe it.
Read more:
blog.raac.io/posts/inside-ra…
Full walkthrough:
piped.video/Qjel-01Aj3g
Discord AMA is coming soon. Details to follow.