Stablecoin and ETH yield opportunities in the Curve.fi ecosystem
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Table of Contents
Protocol Overview
The Reserve Protocol is a free, permissionless platform on the Ethereum mainnet and Base L2 to build, deploy and govern asset-backed currencies referred to as “RTokens.” RTokens are always 1:1 asset-backed, allowing for permissionless minting and redeeming on-chain by users without the need for any middlemen. RTokens are over-collateralized and by default governed independently by RSR stakers in a fully decentralized manner.
Fast Facts
- The Protocol launched on the Ethereum mainnet in Oct 2022
- The Protocol completed its 5th audit in Feb 2023, leading to the “all clear” for public use
- $100 million Total TVL as of April 2024
- The Protocol is deployed on Ethereum and Base L2
Important Links
Reserve Ecosystem Assets
RToken Adoption
- Feb 2023 Reserve Protocol “all-clear” for developers and deployers
- Feb 2023 Electronic Dollar (eUSD) launches
- April 2023 ETHPLUS (ETH+) launches
- May 2023 High Yield USD (hyUSD) launches on Ethereum
- October 2023 High Yield USD (hyUSD) launches on Base
- April 2024 $100M in total TVL, $50M in RToken Market Cap
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