GSR and Turtle launch Hare with $100M to assess hidden DeFi credit risk
- —GSR committed $100 million, largely through a credit line
- —Hare will assess market, asset, smart-contract and counterparty risk
- —Launching with USD Earn and Gold Earn vaults on Aave
- —Gold Earn accepts PAXG and PAXGy with zero fees initially
Why it matters: The project aims to bridge on-chain transparency and real borrower solvency after the xUSD collapse.
Source: DiarioBitcoin