Reserve Unofficial Update

Mr Mallo
3 min readJan 5, 2024

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Wyoming Stablecoin?, 2023 review

Happy New Year everyone! Hope you all had a great holiday (if you had one) and are ready for an exciting 2024!

Relatively short one today, so let’s go.

  • Memory lane
  • 2023 thread
  • Wyoming
  • TVL
  • AOB

Memory lane

2021 gave us 400 new shops accepting the App — and Jeremy Allaire was bullish on banks settling with stablecoins — still waiting, Jeremy — honestly how late?

2022 was a slight delay to the protocol launch

What’s 10 months between friends?

2023 was a bug bounty before the all clear

2023 Review

I’m stuck for time — I’d normally summarise here but I’ve just been asked to upload a stocktake in the next half hour!!

Nice graphics

Wyoming

Why Wyoming? Why not? Well OK they are pretty crypto-forward and they are exploring creating their own stablecoin — well why not use an RToken?

James detailed proposal also mentions putting eUSD into the basket — so an RToken made in part from another RToken — interesting.

TVL

Woo — over 5%

hyUSD took a hit but that’s probably just the nature of yield farming — Beefy’s rates dropped and they’re probably chasing 200% somewhere else.

AOB

Great dashboard as part of Register.app now

New RToken — ETH + USD — just a task or something behind it? Not sure.

Is that Chadia with an Ugly Cash card?

We have a new French quarter for RSR holders (see what I did there)

Flamingo continues his excellent mini-series of interviews

Bluechip include USDC+ in their update

Wen review!

And this guy keeps knocking out the Rangatonis!

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