0x9cc66daa…a274sent to0x8c35ff3a…9f8f·#25,661,680·0xec63d652…23330c
# ixedel Semi-annual rebalance proposal
[https://forum.reserve.org/t/rfc-ixedel-governance-proposal-semi-annual-rebalancing-a-treasury-backed-addition-and-the-july-2026-rebalance/](https://forum.reserve.org/t/rfc-ixedel-governance-proposal-semi-annual-rebalancing-a-treasury-backed-addition-and-the-july-2026-rebalance/)
July 2026 rebalance: restore risk-parity targets after drift. Add USDY 10% (Treasury-backed) into the stable sleeve, trim excess yield stables, top up gold & BTC to 20% each. Franc sleeve stays 20%