The integration of centrifuge with Aerodrome makes RWAS accessible on Defi platforms.
Summary
- Centrifuge launched decentralized RWAS on Aerodrome, one of the largest EVM-based DEXs
- Users can exchange and use this derwas as collateral in the EVM ecosystem
- The protocol intends to expand this standard to the Ethereum Minnet and Solana.
Real-World assets and decentralized financing are increasingly coming together. On Wednesday, August 20, Centrifuge officially decentralized RWA -Tokens on Aerodrome, one of the largest DEXs based (Basic). The move makes RWAS tradable and usable as collateral on Defi -platforms on EVM chains.
“This is the bending of connecting centrifuge and derwa -tokens to become available everywhere,” said Bhaji Illuminati, CEO of Centrifuge. “We are already connected to platforms that together reach more than 200 million users, and we are building a future where real assets are a visible and of course part of every Defi experience.”
Decentralized RWAS, or Derwa, are a kind of tokenized Activum that can be fully integrated into Defi. The first to be active on the Derwa format is Dejaaa, a tokenized version of the Janus Henderson Anemoy AAA CLO Fund. It is an actively managed ETF fund that invests in colland obligations assessed by AAA.
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Derwas Available on Coinbase, OKX and Bitget
The launch makes the Dejaaa Fund available for the Coinbase DEX trading platform. In addition, users of OKX Wallet and Bitget Wallet can also trade the Dejaaa tokens via their respective DEX aggregators. In total, the fund will be accessible to around 200 million users, centrifuge estimates.
“Until now, the basic liquidity has been dominated by Defi-Native Activa. Derwa of centrifuge changes that, the introduction of assets of institutional quality with stable yields integrated in Defi,” said co-founder of Aerodrome Alex Cutler.
Centrifuge is planning to expand its Derwa offer with new Tokenized assets. Moreover, the project stated that it is also planning to expand to the Ethereum (ETH) Mainstet and Solana (SOL) in the coming weeks.
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