🚨 Announcing
$srUSD - A Next-Gen Liquid Savings Solution 🚨
🚀 Big news! We’re thrilled to announce that
$srUSD, a yield-bearing token that provides low risk yield on idle assets, is going LIVE Monday, Nov. 11th!
$srUSD is a liquid savings solution that is mintable via our native stablecoin,
$rUSD. Interest (6% APY) is accrued block-by-block and there's also NO lock-up!
👇 WHAT TO KNOW ABOUT
$srUSD! 👇
• Yielding 6% APY: With
$srUSD, users can enjoy a steady 6% APY that accrues block-by-block. Real, sustainable yield. 💰
• Instant Mint & Redeem: Flexibility is key with
$srUSD. Mint or redeem instantly, no lock-ups required. 🏦
• Yield from a Diverse Balance Sheet: Our yield strategy includes U.S. treasuries, DeFi yield, and market-neutral crypto strategies. Through diversification,
$srUSD holders can sustainably earn a superior risk-adjusted yield. 📊
• Immediate Liquidity via Peg Stability Module: Liquidity concerns? Solved. Reservoir’s Peg Stability Module (PSM) provides instant liquidity when available, ensuring
$srUSD holders can access funds with confidence. 💧
• Governance-Managed Interest Rates:
$srUSD's rate will be actively managed by governance and adjusted as interest is accrued on the balance sheet. 🗳️
• Launch Cap & Future Growth:
$srUSD launches with a $50M cap, with planned expansions as demand grows. This means early users can tap into yield opportunities right from day one. 📈
• Maximize Your Yield with Looping: Those who want to amplify their yield can loop their position. How? By depositing
$srUSD into a
@SteakhouseFi rUSD vault on
@MorphoLabs as collateral to then borrow our
$rUSD stablecoin before swapping it for srUSD and repeating the process over until desired leverage is achieved! ♻️
Note: The cost of borrowing
$rUSD in the Morpho Market is variable based on a utilization curve. Under extreme demand when the utilization goes past 90% the cost to borrow may exceed the yield on srUSD. Please watch your healthscore and reach out with any questions.
👇 GET STARTED TODAY! 👇
‣ The Reservoir app:
app.reservoir.xyz
👇 WANT TO LEARN MORE? 👇
‣ Blogpost:
reservoir.beehiiv.com/p/srus…
‣ Reservoir GitBook:
docs.reservoir.xyz
‣ Reservoir Blog:
reservoir.beehiiv.com/subscr…
‣ Reservoir Home:
reservoir.xyz
We look forward to you joining us on our journey to make secure, yield-bearing savings accessible to the masses. ❤️
Best of all? There's plenty more to come! 🚀