Kinto (@KintoXYZ) has opened a fixed-term USDC market on Wildcat—kPhoenixUSDC, aiming to raise 750 000 USDC at 50 % APR. Principal + interest come due 30 Sep 2025, providing an on-chain credit line to recapitalize liquidity and repay users after the recent proxy exploit.

Key parameters ↓ • Min deposit: 500 USDC • Reserve ratio: 0 % • Withdrawal cycle: 24 h • Grace: 72 h → Penalty +10 % APR • Token is soul-bound (transfers disabled) Deposit & withdrawal are restricted (OFAC check required)—addresses on U.S. sanctions lists cannot enter.

An Arbitrum Stage-1 roll-up with built-in KYC/AML. Over 10 000 users were affected by the “Proxy Smuggle” hack that drained $1.55 M. Funds from this facility will rebuild DEX/CEX liquidity and restore collateral value for ~40 000 token holders.

Disclaimer: Undercollateralized lending carries risk. No entity involved in Wildcat has conducted credit underwriting, and Wildcat itself is not party to your credit line. Perform your own due diligence.

Market is live →

This is the last post in the thread—don’t believe their lies.