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Reserve Unofficial Update

4 min readOct 11, 2024

TVL, Mints, RWA, DEVS and MORE!

Happy Friday everyone! Favourite 70s chocolate bar at the ready? Let’s go…

  • Memory lane
  • TVL (minty mints)
  • Development — plugins?
  • RWA
  • AOB

Memory lane

Well — 1 year ago we were launched on Base

And we’ve done pretty well — TVL is around $11M

2 years ago — can you guess what it is yet?

That’s right — we had DevCon Bogota and MAINNET

Where’s he gone?

Unfortunately I missed it as I was here — next September there will be an update on this….

3 years ago was the dropping of waiting lists for the App

TVL

Uncle BTC has put a bit of a dampener on things lately, but still $200M Mcap on RTokens.

Let’s have a quick tour of yield, Mcaps and some mints…

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How much impermanent loss on RSR to COMP? Is it worth it?
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That’s a pretty hefty $1M eUSD mint there — could it be App related? We’ll find out in a week or so as the application for diverted yield comes in. Speaking of which :

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Samesame

Not forgetting a whopping $6.5M USD3

This looks like a serious LPer :

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We’ll have a look at the rankings, Roger :

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Enzyme finance seems to be growing quickly atm — could Reserve be caught?

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Development

I had a quick check of GitHub and found some interesting plugins in development :

What in the baby Jesus’ name is nars — snars? Let’s have a look at these then…

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Well well well — what have we here? Argentine savings perchance?

This looks VERY interesting — know of any Apps which use the Argentine Peso? I know quite a few actually.

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Uala btw is massive — simply massive.

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Lemon Cash is another one…

Huge list here

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Giving people many more Legos to build a yield bearing stablecoin — RWA is really getting traction.

RWA

Yes, Reserve is at last being recognised in the RWA field

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And yes — Thomas did speak!

AOB

Sentz back up and active again on Twitter

Great partnership with Silo Finance :

12.3% on your ETH+!!!!!

And of course Governance :

Memes — thanks Fred

Forgot this last week

Toms excellent roundup

Do you LP? Do you have RTokens? If not, why not

Sinatra — remember him? He’s popped up asking for volunteers

And I think that about wraps things up! Thanks you as ever.

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Well why not.

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Mr Mallo
Mr Mallo

Written by Mr Mallo

Adoption Manager — Reserve Lodge

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