RAAC | Gold-Backed RWA Lending Protocol: Features & How to Earn Points

RAAC is an Ethereum-based protocol that tokenizes real-world assets (RWA) — such as gold and real estate — on the blockchain, enabling DeFi lending and borrowing. It issues the gold-backed stablecoin "$pmUSD" and supports borrowing against real estate NFTs as collateral, all built on the Curve ecosystem with Chainlink oracle integration to drive on-chain utilization of real-world assets. In this article, we cover RAAC's key features, airdrop participation, and points program in detail.

👉 Visit the Official Site

RAAC is a "DeFi lending and borrowing ecosystem powered by Real-World Assets" that drives the on-chain integration of tangible assets. Its two flagship products are RWf(x) — which issues commodity-backed stablecoins like $pmUSD — and RAACLend, which lets users borrow crvUSD against tokenized real estate NFTs. RAAC launched its testnet in March 2025, securing $235M in gold-backed deposits from one of North America's largest gold reserves. Through a partnership with I-ON Digital, $200M worth of gold has been tokenized and deployed as the gold-backed stablecoin pmUSD in DeFi.

Building on Curve's $1.8B ecosystem, RAAC leverages Chainlink's oracle infrastructure as a Chainlink Build program member, and has expanded further with a strategic partnership with Frax Finance in January 2026 to build T-bill and RWA-backed stablecoin pools. The protocol has drawn strong interest from institutional investors as a bridge between real-world assets and DeFi.

• Gold-Backed Stablecoin $pmUSD: RWf(x) issues a USD-pegged stablecoin backed by precious metals (gold). $200M worth of gold has already been tokenized through the I-ON Digital partnership. Real-asset backing provides stability that differentiates it from typical DeFi stablecoins.
• Real Estate NFT-Collateralized Lending (RAACLend): Tokenizes real estate as NFTs and allows users to borrow crvUSD against them. Over $100M in pmUSD liquidity is planned in collaboration with Curve Finance (Coming Soon).
• Curve Ecosystem Integration: Built on the $1.8B Curve ecosystem. A strategic partnership with Frax Finance in January 2026 created T-bill and RWA-backed stablecoin pools, securing deep liquidity through top-tier DeFi integrations.
• Chainlink Build Program Member: An official member of the Chainlink Build program. Real estate prices, US prime rates, crvUSD, and other oracle data are sourced through Chainlink, enabling accurate on-chain pricing of real-world assets.
• Multi-Layer Yield Structure: Users can earn across multiple layers — yield, governance tokens, revenue sharing, and voting rights. Testnet participants in the points program receive additional multiplier bonuses at TGE.

RAAC is running an active points program for pmUSD holders. By accumulating points, participants are expected to receive RAAC tokens when the TGE (planned for H1 2026) takes place.

How to Participate

1. Go to pmusd.raac.io

2. Select a pool from the pool list to provide liquidity

3. Acquire pmUSD or the paired stablecoin. (Curve Swap Link)

4. Deposit any amount of pmUSD into the pool

5. Check your ranking and points balance on the Leaderboard

6. Receive RAAC tokens at TGE (est. H1 2026) based on your accumulated points

Holding and using pmUSD in DeFi earns you unique point multiplier bonuses. Early participation is advantageous, so we recommend getting involved as soon as possible.

👉 Join the Airdrop Now

• Phase 1 – Testnet Launch (Mar 2025 · Completed): Launched the testnet with $235M in gold-backed deposits from one of North America's largest gold reserves, initiating RWA on-chain deployment.
• Phase 2 – I-ON Digital Partnership (Oct 2025 · Completed): Tokenized $200M worth of gold and deployed pmUSD in DeFi; $10M in asset fees secured for the treasury.
• Phase 3 – Frax Strategic Partnership (Jan 2026 · Completed): Strategic alliance with Frax Finance to build T-bill and RWA-backed stablecoin pools, expanding the ecosystem further.
• Phase 4 – RAACLend Launch (Coming Soon): Full deployment of real estate NFT-collateralized crvUSD borrowing, with over $100M in liquidity expected in collaboration with Curve Finance.
• Phase 5 – Mainnet Launch & TGE (Q2 2026 est.): Mainnet migration and RAAC token generation event (TGE); testnet participants' points will be converted into tokens.

• Curve Finance: The foundation of RAAC's DeFi infrastructure, built on the $1.8B Curve ecosystem. Over $100M in pmUSD liquidity is being deployed. RAAC is positioned as a core protocol in the Curve ecosystem and was incubated by The LLamas.
• Chainlink: Official Chainlink Build program member. Provides oracle data for real estate prices, US prime rates, crvUSD, and more — enabling accurate on-chain pricing of real-world assets.
• Frax Finance: Strategic partnership formed in January 2026, jointly building T-bill and RWA-backed stablecoin pools to accelerate the convergence of RWA and DeFi.
• I-ON Digital Corporation: Tokenization partner for $200M–$500M in gold assets, supplying reserves from the North Terrace Mining Project (British Columbia, 1 million troy ounces of proven gold reserves).
• INSTRUXI: Provides the RWA tokenization engine, serving as the technical backbone for RAAC's real-world asset tokenization infrastructure.

• Official Website: https://raac.io/
• X (Twitter): https://x.com/Raacfi
• Discord: https://discord.com/invite/raac
• Documentation: https://docs.raac.io/
• Blog: https://blog.raac.io/
• pmUSD Dashboard: https://pmusd.raac.io/

• RAAC is an Ethereum-based protocol tokenizing real-world assets (gold, real estate) for use in DeFi lending and borrowing
• Its flagship products are the gold-backed stablecoin $pmUSD (RWf(x)) and RAACLend for real estate NFT-collateralized borrowing
• Backed by strong partnerships with Curve Finance, Chainlink, and Frax — among the top DeFi protocols
• An active points program rewards pmUSD holders, with early participants receiving multiplier bonuses
• RAAC token TGE is planned for Q2 2026 — start earning points now through the testnet

👉 Learn More on the Official Site