Borrow Euro Stablecoins
Against Your $REEF
Mosaic Protocol lets you unlock liquidity from your $REEF holdings by minting $MEUR, a decentralized Euro-pegged stablecoin. Zero interest rates. No repayment schedule.
DeFi Borrowing, Reimagined
Mosaic Protocol brings the proven Liquity model to Reef Chain, enabling efficient borrowing with $REEF collateral.
0% Interest Rate
Borrow $MEUR against your $REEF collateral with zero interest. Pay only a one-time borrowing fee.
110% Collateral Ratio
Capital efficient borrowing with only 110% minimum collateral ratio, maximizing your capital efficiency.
Instant Liquidity
Mint $MEUR instantly by depositing $REEF as collateral. No approval process, no waiting periods.
Euro-Pegged Stability
$MEUR is algorithmically pegged to the Euro, providing stable value for European DeFi users.
No Repayment Schedule
Repay your loan whenever you want. There's no minimum payment or repayment deadline.
Fully Decentralized
No governance, no admin keys. The protocol runs entirely on smart contracts on Reef Chain.
How Mosaic Works
Start borrowing in minutes. No credit checks, no KYC, no waiting periods.
Deposit $REEF
Connect your wallet and deposit $REEF tokens as collateral into your personal Trove.
Mint $MEUR
Borrow up to 90.9% of your collateral value as $MEUR, the Euro-pegged stablecoin.
Use Your $MEUR
Trade, provide liquidity, or use $MEUR across the Reef Chain DeFi ecosystem.
Repay Anytime
Return your $MEUR whenever you're ready to reclaim your $REEF collateral. No deadline.
Why Borrow with Mosaic?
For $REEF Holders
Unlock Liquidity
Access the value of your $REEF without selling
Maintain Exposure
Keep your $REEF position while using borrowed funds
Leverage Up
Use borrowed $MEUR to acquire more $REEF
For $MEUR Users
Euro Stability
Stable value pegged to the Euro for European users
Low Fees
Benefit from Reef Chain's minimal transaction costs
DeFi Ready
Use $MEUR across the growing Reef ecosystem
Where to Use $MEUR
$MEUR will integrate seamlessly with the Reef ecosystem.
Ecosystem Partners
Use Cases
Trade on DEXs
Use $MEUR to trade on ReefSwap and other decentralized exchanges.
Provide Liquidity
Earn yields by providing $MEUR liquidity to various pools.
Hedge Positions
Use $MEUR as a stable store of value during volatile markets.
Euro Payments
Send and receive Euro-denominated value across borders instantly.
Common Questions
Unlock the Value of Your $REEF
Join thousands of users who trust Mosaic Protocol for interest-free borrowing. Start minting $MEUR today.