18 Mar 2022 [services]

fluffypony confirms working on wrapped XMR project

fluffypony1 has confirmed2 that he is working on a project involving wrapped XMR, DeFi protocols, borrowing and farming:

[..] Whilst this will definitely come to Tari, I’ve been working on something more mainstream that will primarily allow for borrowing against wrapped XMR, but will also allow for defi protocols to allow for farming etc.3

Timeline info and other specifications will be shared as soon as they have some more details nailed down.

I will update this report and/or post a new one as soon as any related announcements are out.

  1. https://nitter.net/fluffypony 

  2. https://nitter.net/fluffypony/status/1504430410415099914#m 

  3. https://libredd.it/r/Monero/comments/tgqx5i/interesting/i15ducb/?context=3