CAMPAIGN LIVE
Bootstrap Liquidity for[un]windthe RWA loop

Deposit USDC today. Earn lending yield from day one when borrowers use [un]wind to lever into RWA positions. Your deposit = your share of the Euler vault.

Pre-Deposit
6.0%APY
You deposit
USDC
First in the vault, earning from day one
Min deposit10 USDC
Campaign ends
—

Deposits are locked until the campaign ends. After the admin deposits into Euler, redeem your shares for eTokens — earning lending yield from day one.

Audited
Keyring Verified
Non-Custodial
WHY DEPOSIT

Why deposit into rwa-[un]wind?

You lend USDC. Borrowers lever into RWAs. You earn the interest.

Earn Lending Yield

Borrowers pay interest to lever into RWA positions using [un]wind. As a vault depositor, you earn that yield — proportional to your share of the pool.

Euler-secured vault

Day-One Position

Pre-depositors are first in the vault. When [un]wind goes live and borrowing demand kicks in, your capital is already deployed and earning — no waiting.

First-mover advantage

Direct Redemption, No Airdrop

After the Euler deposit completes, redeem your campaign shares directly for eTokens. No airdrop, no merkle tree, no intermediary — your vault shares convert to Euler vault positions seamlessly.

Redeem shares for eTokens
Understand your risk exposure
RISK TRANSPARENCY

Exposure Matrix

Your deposit's risk profile evolves across two phases

PHASE 1 · NOWSpot ExposureUSDC held in Keyring pre-deposit vault on Ethereum
PHASE 2 · POST-LAUNCH (2WK)Forward ExposureEuler vault lending to RWA loopers via Centrifuge + Keyring
Risk BucketTypeTenorRisk NameDescriptionOperatorsLink
Credit
Spot
—
USDC
Stablecoin
Circle
Operational
Spot
—
Contract Risk
Keyring Predeposit Vault
Keyring, ThreeSigma
FORWARD EXPOSURE (2WK POST-LAUNCH)
Credit
Fwd
2wk
pACRDX
Apollo Global Diversified Credit Fund
Centrifuge, Keyring Pareto
Rates
Fwd
2wk
pACRDX
Apollo Global Diversified Credit Fund
Centrifuge, Keyring Pareto
Rates
Fwd
2wk
Utilisation
Euler IRM (0x…345)
Keyring, Euler
Operation
Fwd
2wk
Curation
Keyring Governance
Keyring
Operational
Fwd
2wk
Curation
Keyring Governance
Keyring

Connect your wallet

Connect your wallet to view your campaign position and track your deposit status.

Campaign Status
LIVE
Deposit Window
— remaining
USDC into Campaign Vault (0xABC…)
Vault → Euler
After deadline · within grace periodAdmin moves USDC to Euler eVault (0xDEF…)
Redeem
Shares redeemable for eTokensBurn shares, receive Euler eTokens
DeadlineMar 27, 2026 00:00 UTC
Vault0xABC…1234
Euler eVault0xDEF…5678

Ready to earn from day one?

Join 3,120+ depositors already in the vault. Deposit USDC now and secure your share of lending yield when [un]wind goes live.

Deposit USDCRead the Docs
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