AFI Launches $50M Stablecoin Vault on Base

Overview

AFI is now live on Base. In collaboration with Multipli, AFI has launched a $50M stablecoin vault on Base, backed by RWAs (Real-World Assets). This vault is part of AFI’s continued effort to extend its Proof-of-Reserve network to tokenized RWAs on Base, providing real capital and verifiable reserves with enforced limits.

Key Features

• $50M Stablecoin Vault: Launched in partnership with Multipli, backed by RWAs.
• Proof-of-Reserve Network: Extending AFI’s network to tokenized RWAs on Base.
• Real Capital: Ensuring financial backing through real-world assets.
• Verifiable Reserves: Transparent, cryptographically verified reserves.
• Enforced Limits: Ensuring reserve integrity with built-in limit enforcement.

Why It Matters

This launch brings real capital and verifiable reserves to DeFi, ensuring the integrity and stability of the ecosystem. AFI continues to expand its Proof-of-Reserve network, reinforcing transparency and security within the DeFi space.

Additional Links

• Original Update on X (Twitter): Link