I think DeFi on @NEARProtocol is often overlooked. I shared @rhea_finance previously cuz I believe Rhea will kick off the #DeFi wave in the Near ecosystem. 🔸Rhea Finance = Ref Finance + Burrow Finance 🔸Rhea is the first Near project listed on Binance Alpha 🔸It offers a chain-abstracted liquidity solution on Near with $249M TVL But what really got me interested is how the fundamentals are already backing the hype. 🔸In just the past month, Rhea generated: 🔸$158K in real protocol revenue (30d) 🔸Averaging ~$6.6K per day 🔸With an annualized revenue of $1.94M already and over $820K cumulative revenue to date That’s not small talk, especially for a DeFi app on NEAR. What makes Rhea different is how the team designed tokenomics for long-term sustainability, not just short-term pump. They’ve structured it into 3 layers: $RHEA → xRHEA → oRHEA Here’s how it flows: 🔸Stake $RHEA → receive xRHEA → Current APY: ~60.39% 🔸Supply xRHEA → earn oRHEA 🔸oRHEA can be converted back to $RHEA 🔸Lock xRHEA → boost APY on lending positions 🔗 Stake here: Personally, I think this is one of the strongest signs that NEAR’s DeFi is evolving. Rhea is not just shipping features, it’s generating real yield, structuring incentives with care, and proving there’s room for sustainable DeFi outside the usual suspects. And we might just be early.