We are excited to announce the launch of the KUMA Protocol on Telos EVM, marking a significant milestone in the evolution of our decentralized protocol for tokenizing Real-World Assets (RWA).

In a significant development for the DeFi markets, wFRK, tokenized French 360 days T-Bills (3.38% APR) from KUMA is now accepted as collateral to borrow jEUR on the Synthereum protocol, developed by the Jarvis Network. This collaboration between KUMA and Jarvis Network promises to bring new opportunities, enhance the liquidity of digital assets backed by real-world assets, and unlock the yield potential for DeFi users.

Welcome to the first monthly governance recap for Kuma. In the past month, Kuma has been in the news for several reasons. The very first proposals for Kuma were published. Also, a Code4rena contest was held as part of the second audit of Kuma's smart contracts. Klodio also gave some exciting updates on the latest developments about Kuma and what is to come in an interview with le Journal du Coin. Stay tuned for more updates as the protocol is about to go live.