Introducing Fira.

DeFi put credit onchain.
It never finished the job.

Fira introduces fixed-rate, maturity-based credit onchain- turning spot lending into markets built around time, predictability, and real financing.

This post explains the rationale, the architecture, and how Fira fits into Usual’s long-term credit stack as we build toward bank-grade infrastructure.

Read the full piece ↓

https://usual.money/blog/fira-fixed-rate-credit-built-onchain

Governance note: UIP-17 proposes bringing the Fira infrastructure developed by the Labs under Usual DAO ownership ↓

https://snapshot.box/#/s:usualmoney.eth/proposal/0x75ac2e8fdeaa8c54c661a43e95bbabfe029859a3b08a89c66b0e02bb4c8e5a5b