Revest Finance and Mountain Protocol Join Forces to Catalyze Fixed-Rate Lending on Resonate

Revest Finance
2 min readAug 14, 2024

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At Revest Finance, we’re thrilled to unveil our latest endeavour with Mountain Protocol, which creates exciting new opportunities for the Revest, Mountain, and Arbitrum communities. This initiative will boost fixed-rate lending on Resonate by introducing additional Arbitrum (ARB) rewards for selected USDM pools and unveiling a refreshed user interface.

Unlocking New Value

Revest Finance and Mountain Protocol are joining forces to enhance incentives for lenders in the USDM-USDC Curve LP pools on Resonate. Borrowers will receive an upfront APR of 17%, paid out in USDC, for a 14-day lockup period through this strategic initiative. Additionally, ARB rewards will be provided to lenders providing them an added buffer, maximizing the potential of Resonate’s yield swap mechanism. These ARB rewards offer a compelling incentive for lenders to provide more competitive upfront payouts to borrowers, creating a positive feedback loop that benefits all parties involved.

For example, if the USDM-USDC Curve LP generates a 10% APR, a Resonate lender, supported by ARB rewards, could offer an attractive 12% APR while still maintaining profitability. The guaranteed returns from ARB rewards will help mitigate potential underwriting risks, making this an exceptionally appealing proposition for both lenders and borrowers.

Elevating the UI

We are also excited to announce significant enhancements to our user interface (UI) and user experience (UX). Soon, borrowers will be able to connect with multiple pools through a centralized, intuitive interface. This upgraded UI will consolidate offerings across various deposit assets, including USDM and USDM-USDC Curve LP, into a single, streamlined hub.

Securing Liquidity

This campaign represents a major advancement in Mountain Protocol’s liquidity management strategy. By incentivizing the locking of potentially mercenary liquidity into short-term fixed durations, this initiative will secure essential liquidity for key pools and contribute to the growth of Mountain’s Total Value Locked (TVL).

As we evolve and expand, we look forward to forging new initiatives that drive innovation and deliver value to our community. Stay tuned for further updates, and thank you for your continued support.

Want to learn more?

Visit Mountain
Website | Twitter

Visit Resonate
Website | Twitter | Discord

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Revest Finance

The world's first platform to offer instant liquidity for locked assets.