RWA Leverage Protocol 3F Completes $4 Million Financing, Led by Maven 11

Odaily Planet Daily News: The vault protocol 3F, built on the decentralized lending protocol Morpho, has completed a total of $4 million in financing, led by Maven 11, with participation from F-Prime, GSR, Gate Ventures, and other institutions. The company has not disclosed its specific valuation. Reportedly, 3F is built on Morpho with the goal of providing users with RWA leverage exposure through a "one-click operation." Users only need to select the target asset and leverage multiplier, and the protocol will automatically complete the entire position-building process: this includes purchasing underlying assets through short-term bridge financing, depositing them as collateral into Morpho, and borrowing stablecoins to repay the financing. This mechanism essentially simplifies the traditional "looping" process in DeFi, which involves repeatedly buying assets, collateralizing, borrowing, and reinvesting. While this process can be efficiently executed with flash loans in pure crypto asset scenarios, it is typically more complex and inefficient in RWA scenarios due to settlement delays and other issues. 3F is expected to officially launch in the second quarter of this year.