You hold $REEF. You want liquidity. You don't want to sell. On Mosaic, you don't have to. Deposit REEF. Borrow €EUR. Pay zero interest. Here's how 👇

We have made some major changes to our roadmap. Instead of focusing exclusively on enabling MEUR borrowing, we’re building 🐠 Reef’s missing DeFi infrastructure, built on MEUR. This includes the borrowing protocol, protocol-owned liquidity, a vault, and more. Details soon!

The thing about tokenizing receivables, small real estate farms, and so on is that the vast majority of stablecoins are USD-pegged, even though hundreds of millions of people need EUR instead. Mosaic is building the full Euro-pegged layer on Reef now.

Did you know that Euro-pegged stablecoin market cap doubled in the 12 months after MiCA was implemented? It's approaching €1 billion as more demand comes online, driving diversification from USD stablecoins.

We genuinely feel that Liquity v1 was fantastic and deserves to continue to be iterated on, so we're bringing it to smaller ecosystems like Reef. A Euro-pegged immutable, decentralized stablecoin with no centralized counter party risk, to use Liquity's own words.