Remora Markets Launches rStocks on Loopscale with FlashTrade FLP.r

Users can lend USDC through a public vault for 21.6% APY plus 1 million STEP rewards, or use looping for leveraged FLP.r exposure and yield.

USDC

Summary

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Terms & Concepts
  • USDC: A U.S. dollar-pegged stablecoin issued by Circle, commonly used for trading and DeFi transactions.
  • APY (Annual Percentage Yield): A measure of the real rate of return earned on an investment over a year, including compound interest effects.
  • Looping: A DeFi strategy that repeatedly borrows and lends an asset to increase leverage and yield.