High Yield USD has launched on
@BuildOnBase
High Yield USD is the first flatcoin on Base 🔵
Thanks to a unique design and current market conditions it is estimated to yield up to 5% to holders, outpacing the rate of inflation in over 100 countries.
Alright $RSR rangers, I call upon you to discuss the following forum posts.
1) We are unregistering unused contract addresses in $hyUSD on Mainnet:
2) We are increasing the Issuance and Redemption Throttles on
#ETH
and
@base
:
It's official
@smeddysays
is joining our team 🥳
We are thrilled to have him as we join the fight against inflation
Hodl stable money and earn passive income, powered by DeFi $hyUSD $RSR
What's in the $hyUSD basket?
13.5% fUSDC
@FluxDeFi
13.5% fDAI
@FluxDeFi
36.5% Convex/Curve MIM+3CRV pool
@MIM_Spell
36.5% Convex/Curve eUSD+FRAXBP pool
#Rtoken
$hyUSD holders earning 8% APY🧠
The power of the
@reserveprotocol
is emerging right before your eyes $RSR $eUSD
Calling all Yield Farmers 🚜, yield awaits 🌽
Highlighting
@beefyfinance
on
@base
with 81% APY 🚀
It all starts with $hyUSD and $eUSD deployed using the
@reserveprotocol
Learn more here:
A new collateral basket change proposal for $hyUSD on
#ETH
is on the forums:
Current Basket:
13.5% Flux USDC
36.5% Convex eUSD+FRAXBP
25% sDAI
25% Morpho Aave V2 USDT
New Basket:
33% Compound V3 USDC
33% Morpho Aave V2 USDT
33% crvUSD USDC convex.
Calling all Yield Farmers 🚜, yield awaits 🌽
Highlighting
@beefyfinance
on
@base
with 123% APY🚀
It all starts with $hyUSD and $eUSD deployed using the
@reserveprotocol
Learn more here:
Congrats $RSR stakers on $hyUSD, the vote passed and has been executed 🥳
We can now realize the revenue from the $STG asset. Looks like 2 auctions could potentially be coming soon for $hyUSD holders and $RSR stakers
Its official, the High Yield USD collateral basket on
#Ethereum
has been updated 🥳🚀
New Basket Weights:
13.5% fUSDC - Flux USDC
@FluxDeFi
36.5% Convex/Curve eUSD+FRAXBP pool
@CurveFinance
25% Morpho Aave V2 USDT pool
@MorphoLabs
25% sDAI - DAI Savings Rate
@MakerDAO
This weeks yield update is here! 🥳
Calling all farmers for amazing yield opportunities 🧑🌾🌽
Highlighting
@StakeDAOHQ
with 46.6% APY for the eUSD/hyUSD pool on
@CurveFinance
$RSR $hyUSD $eUSD $SDT $CRV
Attention Yield Farmers! High Yield USD has a lot of opportunities out on the blockchain. The hyUSD/eUSD pool is farmable on
@CurveFinance
@ConvexFinance
@yearnfi
and
@StakeDAOHQ
hyUSD is deployed on the Reserve Protocol and overcollateralized by $RSR stakers.
Time to catch up with all things yield!
Highlighting
@StakeDAOHQ
on ETH with 129.4% APY 👀
Runner up is
@beefyfinance
with 39.3% APY on
@base
It all starts with $hyUSD and $eUSD on the
@reserveprotocol
Learn more:
This weeks yield update is here! 🌽 A lot of harvesting awaits! 🧑🌾
Highlighting the
@StakeDAOHQ
yields at 70%
It all starts with $hyUSD and $eUSD on the
@reserveprotocol
$RSR Explore more
#RTokens
here:
Attention High Yield USD Governors!📢 Put your $RSR to work📢
There is a new proposal:
This proposal applies an upgrade to the Convex staking wrapper, missed during the initial batch of 3.0.0 upgrades. This applies to the $eUSD part of the basket only.
High Yield USD $hyUSD on
@base
and
#ETH
has the following characteristics:
1️⃣ 1:1 Asset backed; proof of reserves available on-chain 24/7
2️⃣ Overcollateralized and governed by $RSR stakers
3️⃣ Decentralized and deployed on the
@reserveprotocol
Alright $RSR governoors, I call upon you for discussion. USDbC will be deprecated across
@base
and we need people to weigh in on the forums.
Current Compound Asset Basket Weight:
50% USDbC
Proposed Compound Asset Basket Weight:
50% USDC
Tap into $hyUSD — an overcollateralized DeFi savings "flatcoin" powered by the
@reserveprotocol
Add liquidity and stake your LP for higher yields with Reserve Protocol x
@aerodromefi
Calling all Yield Farmers on
#Ethereum
This weeks yield update is here! There is a LOT of yield that needs harvesting across the
#DeFi
ecosystem 🧑🌾🌽🚀
Here is how you harvest this Yield 🧵⬇️
A new proposal is up! Check it out here:
We are slowly moving to a more decentralized auction process for RTokens on the
@reserveprotocol
Let us know your thoughts.
What an upgrade for the
@reserveprotocol
dApp.
Definitely looks like the High Yield USD basket is over exposed to "D" rated assets on
@bluechip_org
Come join the discussion and share ideas here:
High Yield USD cannot be Frozen ❄️
$USDT can be frozen but $hyUSD cannot
High Yield USD is censorship resistant and at the time of writing this, yields up to 6% APY
Voting has officially started!
If you have staked $RSR on $hyUSD on
@BuildOnBase
then you can now vote! Here is the link:
This proposal includes the STG collateral asset which helps to price STG rewards and enable it to conduct revenue auctions.
Calling all Yield Farmers 🚜, yield awaits 🌽
Highlighting
@beefyfinance
on
@base
with 83% APY🚀
It all starts with $hyUSD and $eUSD deployed using the
@reserveprotocol
Learn more here:
We’re thrilled to announce the 2nd RToken built on the Reserve Protocol: ETH+
ETH+ is a community-governed, diversified, yield-bearing staked Ethereum index with overcollateralization protection.
Calling all Yield farmers! 🧑🌾🌽
It all starts with $hyUSD and $eUSD deployed on the
@reserveprotocol
Check out the new register app interface: this will allow you to mint both hyUSD and eUSD
Happy Farming!
This person just swapped $1000 for $480.
So what gives?
Why did they take a ~50%+ "loss"?
The beauty (and genius) of this can be found in understanding how a "Lock Swap" works ↓
Another eUSD revenue auction completed 🎉
23k eUSD was auctioned for 7.6M RSR. Stakers keep on stacking
Here's the twist: A bot handled the entire auction process 🤖
Moving another step closer to fully automated, 100% decentralized revenue auctions
Good Monday morning! Get a cup of coffee and catch up with all the amazing yields.
This week we are highlighting
@StakeDAOHQ
on
#ETH
at 43.6% APY
Runner up is
@beefyfinance
on
@base
with 31.4% APY
It all starts with $hyUSD and $eUSD on the
@reserveprotocol
Base RToken governors 📢
If you have
@StargateFinance
USDbC in your RToken, you may wish to start a proposal to include the STG collateral asset
This helps your RToken price STG rewards and enable it to conduct revenue auctions
Using
@HighYieldUSD
as an example, you can add