Bounties/ Reservoir
Expired
281
Reservoir

Reservoir

Reservoir is a multi-collateral, yield-bearing stablecoin protocol powering high on-chain APYs through rUSD and srUSD.

4000 rUSD

Enter Bounty
OverviewPosts

Deadline: July 9, 2025

About Project - reservoir.xyz/

Founder/Team -

Core Team:

Nick Garcia - @thecurious_gark

Elliot - @ef_24_

Derek Russo - @derek_russo

Vector - @0xvector_


About the project 

Reservoir has grown to ~$250M in TVL.

Reservoir’s two core tokens are:

  • rUSD (stablecoin)
  • srUSD and wsrUSD (yield-bearing stablecoins) (wsrUSD is the erc 4626 version of srUSD that is integrated with specific protocol such as Pendle)

srUSD had the highest APY in the stablecoin market for 93 of the last 100 days.

srUSD is now the 10th largest stablecoin by yield paid out in the last 90 days (h/t @stablewatchHQ).


📦 Season 1 is officially complete

  • 20 billion Season 1 points were distributed — representing 10% of the total DAM token supply (DAM is the upcoming governance token).
  • TGE details and airdrop coming soon.

🚀 Season 2 starts now


Roadmap:

  • New Chains: Katana, Plume, Monad, Sonic, HyperEVM, Unichain, World Chain, Arbitrum, Megaeth, Plasma, and more.
  • Cross-Chain Minting / Redeeming: Building the first-of-its-kind infra to allow minting/redeeming of any Reservoir asset on any chain — with instant liquidity and no manual bridging.
  • New Stablecoin PSMs: Soon, users will be able to mint and redeem rUSD with USDT and USD1.
  • Higher Yield Strategies: Actively exploring additional yield opportunities across multiple chains.

⚙️ Key Features:

  • Multi-collateral backed stablecoin: This design makes srUSD one of the highest-yielding stablecoins in the market.
  • 1:1 Minting and Redemption with USDC via PSM: Making Reservoir one of the most capital-efficient stablecoin protocols.

🤝 Key Integrations:

  • Pendle Markets for rUSD and wsrUSD
    Pool 1
    Pool 2
  • Berachain Proof of Liquidity Market for drUSD, rUSD | Honey, and rUSD | USDT0
    Tweet
  • Morpho Markets for rUSD and srUSD
  • Euler Markets for rUSD and srUSD
  • Contango and IPOR looping strategies


Funding Information. 

Two funding rounds: Seed round of $6.35M Pre protocol launch round of $3.16M

Nature of Content to Craft

  1. Product & Feature Launches
  2. Performance Highlights & Proof Points
  3. Ecosystem & Strategy Breakdown

Key Narratives

Reservoir is a multicollateral yield-bearing stablecoin backed by RWAs and on-chain strategies (T-bills, overcollateralized on-chain lending, funding rate strategies).


This flexible infrastructure allows for consistently high yields paid out to srUSD across varying market conditions and positions Reservoir as a primary candidate for looping strategies. Reservoir’s PSM has no fees or slippage making it the most efficient stablecoin mint and redeem feature in the market.


Reservoir is live on Ethereum, Berachain, and Plume, and recently crossed $250M in TVL.


Reservoir has two core products:

  1. rUSD – a dollar-pegged stablecoin
  2. srUSD – a yield-bearing stablecoin

Reservoir features an on-chain PSM, enabling permissionless minting and redeeming of rUSD and srUSD at a 1:1 rate with no lockups.
 Thanks to this architecture, srUSD can offer the highest stablecoin yield in the market.


Reservoir partners with top-tier curators such as Steakhouse, Re7, MEV, and Gauntlet in both Morpho and Euler vaults.


It has also become one of the top stablecoin assets in the Berachain ecosystem, partnering with Dolomite and USDT0 to offer double-digit yielding vaults.


Reservoir is currently the 10th largest stablecoin by yield paid out in the last 30 days, solidifying its position as a sustainable source of high yield for users, funds, and institutions.

CTA to Focus on

Use rUSD across DeFi and chains. 

Earn top-tier yields with srUSD — the highest-yielding stablecoin in the market.

Resources
- docs.reservoir.xyz


Threads you can take inspiration from 

drUSD: https://x.com/0xFent/status/1932078169344885156

Highest yield and yield paid out: https://x.com/reservoir_xyz/status/1922729837057171539

Looping on IPOR: https://x.com/phtevenstrong/status/1927822962716987486

Reservoir Season 1 / TGE math: https://x.com/phtevenstrong/status/1928137601833206143


Things to not cover or not to do while crafting

- Every submission should be in a thread format (you can write long form, but still summarize in a thread and include link)

- DYOR

- No AI generated content (all posts will be screened for this, will be disqualified if it’s AI generated)


Deadline / Timelines

The Write-a-thon will start on 25th June and conclude by 9th July 2025.

Prize Pool

  1. $4000 in rUSD.