Reservoir is a multicollateral yield bearing stablecoin backed by RWAs and onchain strategies (tbills, overcollateralized onchain lending, funding rate strategies).

Reservoir's yield bearing token, srUSD & wsrUSD are available to non-U.S. users and users in non-sanctioned countries.

1. srUSD accrues interest daily and users can mint and/or redeem at any time.

2. wsrUSD accrues interest each block and users can mint and/or redeem at any time.

3. The interest rate for srUSD and wsrUSD will be the same and will be actively maintained by governance and set based on the state of the protocol balance sheet.

Key features:

• Reservoir’s yield bearing token minted via rUSD

• Liquid savings product with no lock-up​

• Redemptions will be fulfilled immediately when the PSM has available liquidity

• srUSD carries a micro burn fee that represents one day's worth of interest on the principal position

• wsrUSD carries no fees