Reserve Unofficial Update

Mr Mallo
4 min readSep 27, 2024

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More TVL, Yield up, Governance and MORE

Hello and happy Friday everyone.

Deadlines loom so let’s go….

  • Memory lane
  • TVL
  • Ionic
  • AOB

Memory lane

Matt Gertler kicks us off in 2021 with the KYC automation

Then 2022 brought us a rare Nevin — at Urbit assembly

Last years fledgeling TVL was growing

Pick a winner

TVL

Another ATH hit this week!

As of today, we’re $250M

Let’s have a quick look round DefiLlama

Standard

Some decent mints — USD3 notably

And yield numbers are going up up up

Yes that IS 28.3% on STABLECOINS — Do Kwon please take note.

Ionic

This is what happens when you see a tweet and think — let’s have a look…

So I googled the address and found it was a pool on Ionics documentation

And it’s a lend / borrow market on Base! They have hyUSD as well. So there you go — DeFi at work, completely open.

AOB

Now the sharp eyed of you will have seen the recent flows from the slower wallet

Something something emissions number 98.xx% BTC curve — puts hand to chin and ponders.

Ah — yes it’s the new BTC stylee emissions for RSR — nice. Next week 187.8M

Any more eUSD in fintech wallets?

Nope. However — this appears to be the direction of travel — Reserve’s own Twitter shows us

Exchange and fintech partnerships lead? Hmm….

The next step — in partnership with DTF (DeFi traded funds) will be fintech partnerships with RTokens. Gold? Yes.

If you missed it.

There’s some new developments on GitHub

Compound v3 — nice, and chainlink as well — good stuff.

Spot of governance — you can see a great summary here

So we’ve had a swap out of the eUSD basket — out goes low yield, in comes YIELD

sDAI whooosh! This is the beauty of RTokens — you can fish where the fish are. Treasuries at 8%? Bring them in — treasuries bomb to 1.5% — ship them out.

Governance stand up also on Twitter

Kraken are Reserving their Rigts (sic)

Perps — because you never knew you wanted them.

Nice article on Reserve

Morpho markets!

and we’ll end with the equivalent of the water skiing squirrel

And there you have it!

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Mr Mallo
Mr Mallo

Written by Mr Mallo

Adoption Manager — Reserve Lodge

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