Hamilton Lane will hold 5% of its SCOPE fund in deUSD and use @elixir to settle RWAs onchain. deUSD becomes a core asset. Elixir becomes the liquidity layer. This makes DeFi use cases (like lending/borrowing on Morpho) with institutional grade RWAs possible, with onchain instant mint and redemption liquidity. Previously, redemptions could take up to 120 days. Elixir fixes this.

Elixir
@elixir
07-31
Elixir is excited to announce that @Hamilton_Lane SCOPE will hold deUSD, at 5% of the fund's total AUM Elixir's network will enable 24/7 default atomic liquidity for the fund
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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