0x4418…9279

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# Return External Revenue to RSR Stakers [https://forum.reserve.org/t/rfc-return-external-revenue-to-rsr-stakers/1459](https://forum.reserve.org/t/rfc-return-external-revenue-to-rsr-stakers/1459) This proposal returns 3% (2.5% for KNOX) of the Rev Share distribution that is directed to Sawyer as DTF Champion back to stRSR for the following RTokens: eUSD, hyUSD(base+mainnet), USD3, and KNOX. **Proposed Revenue Distribution** RToken Holders: 85% RSR Stakers: 15%
# Upgrade to Protocol Version 4.2.0. [https://forum.reserve.org/t/rfc-usd3-4-2-0-upgrade/1435](https://forum.reserve.org/t/rfc-usd3-4-2-0-upgrade/1435) Upgrade all USD3 core contracts and assets from version 3.4.0 to version 4.2.0. This new version of the software includes updates from 4.0.0, 4.1.0, and 4.2.0.
# [IP] USD3 Collateral Basket Change Proposal #4 [https://forum.reserve.org/t/rfc-usd3-collateral-basket-change-proposal-4/1178/1](https://forum.reserve.org/t/rfc-usd3-collateral-basket-change-proposal-4/1178/1) Summary Replace sDAI for sUSDS in the USD3 collateral basket. Current Basket: - 25% sDAI DAI Savings Rate(DSR) - Supply APY: 2.25% and dropping - 25% Morpho Steakhouse USDC Vault - 25% Comp v3 USDC - 25% Aave v3 USDC Proposed Basket: - 25% sUSDS Sky Savings Rate(SSR) - Supply APY: 4.5% - 25% Morpho Steakhouse USDC Vault - 25% Comp v3 USDC - 25% Aave v3 USDC
# [IP] USD3 Unregister Unused Asset: USDP [https://forum.reserve.org/t/rfc-usd3-unregister-unused-asset-usdp/1130](https://forum.reserve.org/t/rfc-usd3-unregister-unused-asset-usdp/1130) Summary This proposal unregisters an old contract address no longer utilized by USD3. These types of proposals can happen after a collateral basket change or a major protocol upgrade. In the case of USD3, there was a proposal that changed the emergency collateral backing, where USDP was removed. Asset to be unregistered: USDP: 0x4C0B21Acb267f1fAE4aeFA977A26c4a63C9B35e6
# [IP] USD3 Collateral Basket Change Proposal 3 [https://forum.reserve.org/t/rfc-usd3-collateral-basket-change-proposal-3/1069](https://forum.reserve.org/t/rfc-usd3-collateral-basket-change-proposal-3/1069) **Summary** Decrease Compound USDC v3 exposure in the collateral basket in order to improve diversification. *Current Basket:* - 25% sDAI - 25% Morpho Steakhouse USDC Vault - 50% Comp v3 USDC *Proposed Basket:* - 25% sDAI - 25% Morpho Steakhouse USDC Vault - 25% Comp v3 USDC - 25% Aave v3 USDC
# [IP] USD3 backing buffer change to 0.15% [https://forum.reserve.org/t/rfc-usd3-backing-buffer-change-to-0-15/1034](https://forum.reserve.org/t/rfc-usd3-backing-buffer-change-to-0-15/1034) **Summary** Change the backing buffer from 0.1% to 0.15%. *Current backing buffer:* 0.1% *Proposed backing buffer:* 0.15%
# [IP] USD3 Collateral Basket Change Proposal 2 [https://forum.reserve.org/t/rfc-usd3-allocation-update-proposal/1028/5](https://forum.reserve.org/t/rfc-usd3-allocation-update-proposal/1028/5) **Summary** Propose adding Morpho SteakHouse USDC to USD3 basket of yield-bearing tokens to enhance the yield for RSR stakers and USD3 holders alike while reducing risk by diversifying the yield sources. Current Basket: - 50% Compound USDC V3 - 50% sDAI New Basket: - 50% Compound USDC V3 - 25% sDAI - 25% Steakhouse USDC vault
# [IP] USD3 Emergency Collateral Updates [https://forum.reserve.org/t/rfc-usd3-emergency-collateral-updates/918](https://forum.reserve.org/t/rfc-usd3-emergency-collateral-updates/918) **Summary** This proposal removes USDP from the emergency collateral, and adds pyUSD into the emergency collateral. Current Emergency Collateral Backing: 1. USDC 2. USDT 3. USDP 4. DAI Proposed Emergency Collateral Backing: 1. USDC 2. USDT 3. DAI 4. pyUSD
# [IP] USD3 Unregister Unused Asset-Cleanup [https://forum.reserve.org/t/rfc-usd3-unregister-unused-asset-cleanup/879](https://forum.reserve.org/t/rfc-usd3-unregister-unused-asset-cleanup/879) **Summary** This proposal unregisters an old contract address that is no longer used in USD3. These types of proposals can happen after a collateral basket change or a major protocol upgrade. In the case of USD3, there was a recent collateral basket change proposal that was executed. Asset to be unregistered: saEthPyUSD: 0x58a41c87f8C65cf21f961b570540b176e408Cf2E
# [IP] USD3 Collateral Basket Change Proposal #1 [https://forum.reserve.org/t/ip-usd3-collateral-basket-change-proposal-1/735](https://forum.reserve.org/t/ip-usd3-collateral-basket-change-proposal-1/735) **Summary** Intro to the Web 3 Dollar: USD3 is a decentralized yield-bearing USD stablecoin built on DeFi markets. USD3 is a fully asset-backed currency (“RToken”) created on the Reserve protocol. RTokens feature onchain asset-backing, revenue sharing, overcollateralization and mint/redemptions, governed by RSR stakers. This RToken’s aim is to become the native Web 3 currency. USD3 is 1:1 asset backed by a basket of yield-bearing tokens. Given the unique design and current market conditions, it is estimated to yield 5-8% APY from the most reputable protocols using the most established assets. USD3 is overcollateralized with auditable proof of reserves available on-chain 24/7. In this proposal the aim is to discuss options for a possible solution to improve the yield and scalability in the USD3 collateral basket *Current Basket:* 33% sDAI - 8% APY 33% Compound USDC - 8% APY 33% Aave pyUSD - 4% APY *New Basket:* 50% sDAI - 8% APY 50% Compound USDC - 8% APY
# [IP] USD3 3.4.0 Step 2 - Cleanup [https://forum.reserve.org/t/ip-usd3-3-4-0-upgrade/749](https://forum.reserve.org/t/ip-usd3-3-4-0-upgrade/749) **Summary** Upgrade all USD3 core contracts and assets from version 3.0.1 to version 3.4.0 and upgrade to new Governance and TimelockController instances via a spell contract.