RHEA Finance (RHEA)

Kinda funny what's happening here...

→ Raydium integrated $RHEA for trading
→ Solana degens are accusing @rhea_finance of rugging

* all because they thought it was a fresh token launch and are seeing some large activities they can't explain (likely from people doing arbitrage)

→ RHEA is not a fresh launch...

* @rhea_finance has existed in the NEAR ecosystem since 2021 (first as Ref Finance and Burrow) and is, afaik, a good-reputation project, fully open-source, with solid development and security standards

But the degens are lost bc
(i) they didn't do proper research before simping in
(ii) they are treating it like a memecoin launch and don't understand RHEA has been trading in other venues (on NEAR and BSC) much before being listed on Raydium

This only shows how immature the whole cross-chain DEX ecosystem still is and how early (YES) we still are in things that NEAR Intents has been unlocking

People are just getting used to chain abstraction

Hats off to both teams (@Raydium and RHEA) for pioneering

RHEA is now live on @berachain 🐻

Supply USD0 on Berachain through RHEA’s unified cross-chain lending and earn up to 9.45% APY.

Supplied USD0 allow BEARs to borrow on any chain with any supported asset — including non-EVM chains and assets like $ZEC on Solana or Zcash.

One position. Unlimited chains. Maximum capital efficiency for all BEARs. 🧸💛