# eUSD 4.2.0 Upgrade
[https://forum.reserve.org/t/ip-eusd-4-2-0-upgrade/1436](https://forum.reserve.org/t/ip-eusd-4-2-0-upgrade/1436)
Summary
Upgrade all eUSD 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.
Abstract
The proposed proposal, if enacted, would use a spell contract prepared by ABC Labs and moved onchain by governors via the Register app and voted on through the standard governance process.
# Revenue Share Programme - Fintech Revenue Share Adjustment
[https://forum.reserve.org/t/ip-revenue-share-programme-fintech-revenue-share-adjustment/1463/1](https://forum.reserve.org/t/ip-revenue-share-programme-fintech-revenue-share-adjustment/1463/1)
his proposal updates the eUSD Revenue Share Programme by moving from a 100/0 revenue split in favour of participating fintechs to a 90/10 split, with 10% of revenue generated on fintech-held balances redirected to eUSD RSR stakers.
The original 100% allocation played an important role in bootstrapping early distribution and market growth. As eUSD and its distribution partners have matured, however, no future transition framework was established in order to rebalance revenue towards a more equitable split, fairly compensating stakers for their ongoing work in governance and for over-collateralising the asset.
Under the proposed change, UC and Sentz each retain 90% of revenue generated on their respective eUSD balances, with the remaining 10% aggregated and distributed to eUSD stRSR. Based on the 26/02/2026 snapshot, this represents an annualised redistribution of approximately $31.6k to stRSR. Following the in-flight Revenue Share Programme update that reduces staking APY to 5.86%, the 90/10 adjustment partially offsets this decline, increasing staking APY to approximately 6.59%.
The proposal is intentionally minimal in scope. It does not alter the biweekly update cadence, distribution mechanics or operational processes. Instead, it establishes a clearer long-term revenue framework that better aligns incentives across fintech partners and RSR stakers while preserving revenue predictability and ecosystem stability.
# eUSD Revenue Share Programme Update 26-02-2026
[https://forum.reserve.org/t/rfc-eusd-revenue-share-programme-update-26-02-2026/1462](https://forum.reserve.org/t/rfc-eusd-revenue-share-programme-update-26-02-2026/1462)
An update to the existing ongoing proposal of sharing eUSD Revenue with participating fintechs, Ugly Cash and Sentz. The proposed proposal, if enacted, would update the Revenue Share in order to maintain compliance with the rules of the original revenue share proposal.
# [IP] eUSD FinTech Revenue Share Update 2026-1-28
[https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2026-1-28/1430](https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2026-1-28/1430)
**Summary**
This is an update to the existing ongoing proposal of sharing some of the eUSD Revenue with FinTechs(Ugly Cash and Sentz). eUSD shares underlying revenue with distribution partners(i.e. fintech apps) who use and promote eUSD for their customers.
Current eUSD FinTech RevShare Split:
- Ugly Cash: 36%
- Sentz: 3.9%
- stRSR: 57.1%
Proposed eUSD FinTech RevShare Split:
- Ugly Cash: 41.3%
- Sentz: 4.3%
- stRSR: 51.4%
eUSD Market Cap(At Snapshot): $26,173,801
Ugly Cash eUSD Holdings(At Snapshot): $10,816,032
Sentz eUSD Holdings(At Snapshot): $1,131,279
*The percentages are calculated based on the amount of eUSD the Fintech Apps are holding relative to the eUSD Market Cap.
These update proposals happen bi-weekly. This will allow onchain percentages to more accurately reflect FinTech eUSD holdings.
# [IP] eUSD FinTech Revenue Share Update 2026-1-14
[https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2026-1-14/1408](https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2026-1-14/1408)
**Summary**
This is an update to the existing ongoing proposal of sharing some of the eUSD Revenue with FinTechs(Ugly Cash and Sentz). eUSD shares underlying revenue with distribution partners(i.e. fintech apps) who use and promote eUSD for their customers.
Current eUSD FinTech RevShare Split:
- Ugly Cash: 34.4%
- Sentz: 4%
- stRSR: 58.6%
Proposed eUSD FinTech RevShare Split:
- Ugly Cash: 36%
- Sentz: 3.9%
- stRSR: 57.1%
eUSD Market Cap(At Snapshot): $29,212,911
Ugly Cash eUSD Holdings(At Snapshot): $10,521,344
Sentz eUSD Holdings(At Snapshot): $1,129,358
*The percentages are calculated based on the amount of eUSD the Fintech Apps are holding relative to the eUSD Market Cap.
These update proposals happen bi-weekly. This will allow onchain percentages to more accurately reflect FinTech eUSD holdings.
# [IP] eUSD FinTech Revenue Share Update 2025-12-29
[https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-12-29/1386](https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-12-29/1386)
**Summary**
This is an update to the existing ongoing proposal of sharing some of the eUSD Revenue with FinTechs(Ugly Cash and Sentz). eUSD shares underlying revenue with distribution partners(i.e. fintech apps) who use and promote eUSD for their customers.
Current eUSD FinTech RevShare Split:
- Ugly Cash: 31.2%
- Sentz: 5.4%
- stRSR: 60.4%
Proposed eUSD FinTech RevShare Split:
- Ugly Cash: 34.4%
- Sentz: 4%
- stRSR: 58.6%
eUSD Market Cap(At Snapshot): $28,050,205
Ugly Cash eUSD Holdings(At Snapshot): $9,662,409
Sentz eUSD Holdings(At Snapshot): $1,127,874
*The percentages are calculated based on the amount of eUSD the Fintech Apps are holding relative to the eUSD Market Cap.
These update proposals happen bi-weekly. This will allow onchain percentages to more accurately reflect FinTech eUSD holdings.
# [IP] eUSD Old TimelockControllers Removal
[https://forum.reserve.org/t/rfc-eusd-old-timelockcontrollers-removal/1381](https://forum.reserve.org/t/rfc-eusd-old-timelockcontrollers-removal/1381)
**Summary**
Remove the following address from the Pauser, Long Freezer, and Short Freezer roles:
0xc8ee187a5e5c9dc9b42414ddf861ffc615446a2c
# [IP] eUSD FinTech Revenue Share Update 2025-12-10
[https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-12-10/1367](https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-12-10/1367)
This is an update to the existing ongoing proposal of sharing some of the eUSD Revenue with FinTechs(Ugly Cash and Sentz). eUSD shares underlying revenue with distribution partners(i.e. fintech apps) who use and promote eUSD for their customers.
Current eUSD FinTech RevShare Split:
- Ugly Cash: 31.2%
- Sentz: 5.4%
- stRSR: 60.4%
Proposed eUSD FinTech RevShare Split:
- Ugly Cash: 30.3%
- Sentz: 4.7%
- stRSR: 62.0%
eUSD Market Cap(At Snapshot): $24,164,757
Ugly Cash eUSD Holdings(At Snapshot): $7,322,126
Sentz eUSD Holdings(At Snapshot): $1,125,754
*The percentages are calculated based on the amount of eUSD the Fintech Apps are holding relative to the eUSD Market Cap.
These update proposals happen bi-weekly. This will allow onchain percentages to more accurately reflect FinTech eUSD holdings.
# [IP] eUSD FinTech Revenue Share Update 2025-11-27
[https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-11-27/1349](https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-11-27/1349)
This is an update to the existing ongoing proposal of sharing some of the eUSD Revenue with FinTechs(Ugly Cash and Sentz). eUSD shares underlying revenue with distribution partners(i.e. fintech apps) who use and promote eUSD for their customers.
Current eUSD FinTech RevShare Split:
Current eUSD FinTech RevShare Split:
- Ugly Cash: 28.5%
- Sentz: 5.2%
- stRSR: 63.3%
Proposed eUSD FinTech RevShare Split:
- Ugly Cash: 31.2%
- Sentz: 5.4%
- stRSR: 60.4%
eUSD Market Cap(At Snapshot): $20,662,461
Ugly Cash eUSD Holdings(At Snapshot): $6,445,359
Sentz eUSD Holdings(At Snapshot): $1,124,184
*The percentages are calculated based on the amount of eUSD the Fintech Apps are holding relative to the eUSD Market Cap.
These update proposals happen bi-weekly. This will allow onchain percentages to more accurately reflect FinTech eUSD holdings.
# [IP] eUSD FinTech Revenue Share Update 2025-11-11
[https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-11-11/1322](https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-11-11/1322)
This is an update to the existing ongoing proposal of sharing some of the eUSD Revenue with FinTechs(Ugly Cash and Sentz). eUSD shares underlying revenue with distribution partners(i.e. fintech apps) who use and promote eUSD for their customers.
Current eUSD FinTech RevShare Split:
- Ugly Cash: 26.7%
- Sentz: 5.2%
- stRSR: 65.1%
Proposed eUSD FinTech RevShare Split:
- Ugly Cash: 28.5%
- Sentz: 5.2%
- stRSR: 63.3%
eUSD Market Cap(At Snapshot): $21,422,894
Ugly Cash eUSD Holdings(At Snapshot): $6,103,063
Sentz eUSD Holdings(At Snapshot): $1,122,359
*The percentages are calculated based on the amount of eUSD the Fintech Apps are holding relative to the eUSD Market Cap.
These update proposals happen bi-weekly. This will allow onchain percentages to more accurately reflect FinTech eUSD holdings.
# [IP] eUSD FinTech Revenue Share Update 2025-10-29
[https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-10-29/1305](https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-10-29/1305)
This is an update to the existing ongoing proposal of sharing some of the eUSD Revenue with FinTechs(Ugly Cash and Sentz). eUSD shares underlying revenue with distribution partners(i.e. fintech apps) who use and promote eUSD for their customers.
Current eUSD FinTech RevShare Split:
Current eUSD FinTech RevShare Split:
- Ugly Cash: 22.7%
- Sentz: 4.6%
- stRSR: 69.7%
Proposed eUSD FinTech RevShare Split:
- Ugly Cash: 26.7%
- Sentz: 5.2%
- stRSR: 65.1%
eUSD Market Cap(At Snapshot): $21,658,015
Ugly Cash eUSD Holdings(At Snapshot): $5,776,061
Sentz eUSD Holdings(At Snapshot): $1,120,559
*The percentages are calculated based on the amount of eUSD the Fintech Apps are holding relative to the eUSD Market Cap.
These update proposals happen bi-weekly. This will allow onchain percentages to more accurately reflect FinTech eUSD holdings.
# [IP] eUSD FinTech Revenue Share Update 2025-10-15
[https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-10-15/1267](https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-10-15/1267)
This is an update to the existing ongoing proposal of sharing some of the eUSD Revenue with FinTechs(Ugly Cash and Sentz). eUSD shares underlying revenue with distribution partners(i.e. fintech apps) who use and promote eUSD for their customers.
Current eUSD FinTech RevShare Split:
- Ugly Cash: 22.9%
- Sentz: 4.8%
- stRSR: 69.3%
Proposed eUSD FinTech RevShare Split:
- Ugly Cash: 22.7%
- Sentz: 4.6%
- stRSR: 69.7%
eUSD Market Cap(At Snapshot): $24,100,398
Ugly Cash eUSD Holdings(At Snapshot): $5,463,973
Sentz eUSD Holdings(At Snapshot): $1,118,268
Change Sense Last Proposal:
*The percentages are calculated based on the amount of eUSD the Fintech Apps are holding relative to the eUSD Market Cap.
These update proposals happen bi-weekly. This will allow onchain percentages to more accurately reflect FinTech eUSD holdings.
# [IP] eUSD FinTech Revenue Share Update 2025-10-01
[https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-10-01/1261](https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-10-01/1261)
This is an update to the existing ongoing proposal of sharing some of the eUSD Revenue with FinTechs(Ugly Cash and Sentz). eUSD shares underlying revenue with distribution partners(i.e. fintech apps) who use and promote eUSD for their customers.
Current eUSD FinTech RevShare Split:
- Ugly Cash: 20.7%
- Sentz: 4.6%
- stRSR: 71.7%
Proposed eUSD FinTech RevShare Split:
- Ugly Cash: 22.9%
- Sentz: 4.8%
- stRSR: 69.3%
eUSD Market Cap(At Snapshot): $23,217,024
Ugly Cash eUSD Holdings(At Snapshot): $5,313,364
Sentz eUSD Holdings(At Snapshot): $1,116,676
*The percentages are calculated based on the amount of eUSD the Fintech Apps are holding relative to the eUSD Market Cap.
These update proposals happen bi-weekly. This will allow onchain percentages to more accurately reflect FinTech eUSD holdings.
# [IP] eUSD FinTech Revenue Share Update 2025-09-17
[https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-09-17/1249](https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-09-17/1249)
**Summary**
This is an update to the existing ongoing proposal of sharing some of the eUSD Revenue with FinTechs(Ugly Cash and Sentz). eUSD shares underlying revenue with distribution partners(i.e. fintech apps) who use and promote eUSD for their customers.
Current eUSD FinTech RevShare Split:
- Ugly Cash: 18.9%
- Sentz: 4.5%
- stRSR: 73.6%
Proposed eUSD FinTech RevShare Split:
- Ugly Cash: 20.7%
- Sentz: 4.6%
- stRSR: 71.7%
eUSD Market Cap(At Snapshot): $24,414,489
Ugly Cash eUSD Holdings(At Snapshot): $5,063,634
Sentz eUSD Holdings(At Snapshot): $1,114,667
*The percentages are calculated based on the amount of eUSD the Fintech Apps are holding relative to the eUSD Market Cap.
These update proposals happen bi-weekly. This will allow onchain percentages to more accurately reflect FinTech eUSD holdings.
# [IP] eUSD FinTech Revenue Share Update 2025-09-03
[https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-09-03/1239](https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-09-03/1239)
**Summary**
This is an update to the existing ongoing proposal of sharing some of the eUSD Revenue with FinTechs(Ugly Cash and Sentz). eUSD shares underlying revenue with distribution partners(i.e. fintech apps) who use and promote eUSD for their customers.
Current eUSD FinTech RevShare Split:
- Ugly Cash: 17.5%
- Sentz: 4.5%
- stRSR: 75%
Proposed eUSD FinTech RevShare Split:
- Ugly Cash: 18.9%
- Sentz: 4.5%
- stRSR: 73.6%
eUSD Market Cap(At Snapshot): $24,958,870
Ugly Cash eUSD Holdings(At Snapshot): $4,709,768
Sentz eUSD Holdings(At Snapshot): $1,112,889
*The percentages are calculated based on the amount of eUSD the Fintech Apps are holding relative to the eUSD Market Cap.
These update proposals happen bi-weekly. This will allow onchain percentages to more accurately reflect FinTech eUSD holdings.
# [IP] eUSD FinTech Revenue Share Update 2025-08-20
[https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-08-20/1236](https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-08-20/1236)
Summary
This is an update to the existing ongoing proposal of sharing some of the eUSD Revenue with FinTechs(Ugly Cash and Sentz). eUSD shares underlying revenue with distribution partners(i.e. fintech apps) who use and promote eUSD for their customers.
Current eUSD FinTech RevShare Split:
- Ugly Cash: 17.4%
- Sentz: 4.5%
- stRSR: 75.1%
Proposed eUSD FinTech RevShare Split:
- Ugly Cash: 17.5%
- Sentz: 4.5%
- stRSR: 75%
eUSD Market Cap(At Snapshot): $24,584,024
Ugly Cash eUSD Holdings(At Snapshot): $4,311,938
Sentz eUSD Holdings(At Snapshot): $1,109,905
*The percentages are calculated based on the amount of eUSD the Fintech Apps are holding relative to the eUSD Market Cap.
These update proposals happen bi-weekly. This will allow onchain percentages to more accurately reflect FinTech eUSD holdings.
# [IP] eUSD FinTech Revenue Share Update 2025-08-06
[https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-08-06/1230](https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-08-06/1230)
**Summary**
This is an update to the existing ongoing proposal of sharing some of the eUSD Revenue with FinTechs(Ugly Cash and Sentz). eUSD shares underlying revenue with distribution partners(i.e. fintech apps) who use and promote eUSD for their customers.
Current eUSD FinTech RevShare Split:
- Ugly Cash: 15.2%
- Sentz: 4.2%
- stRSR: 77.6%
Proposed eUSD FinTech RevShare Split:
- Ugly Cash: 17.4%
- Sentz: 4.5%
- stRSR: 75.1%
eUSD Market Cap(At Snapshot): $24,397,720
Ugly Cash eUSD Holdings(At Snapshot): $4,242,042
Sentz eUSD Holdings(At Snapshot): $1,106,605
*The percentages are calculated based on the amount of eUSD the Fintech Apps are holding relative to the eUSD Market Cap.
These update proposals happen bi-weekly. This will allow onchain percentages to more accurately reflect FinTech eUSD holdings.
# [IP] eUSD FinTech Revenue Share Update 2025-07-22
[https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-07-22/1224](https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-07-22/1224)
**Summary**
This is an update to the existing ongoing proposal of sharing some of the eUSD Revenue with FinTechs(Ugly Cash and Sentz). eUSD shares underlying revenue with distribution partners(i.e. fintech apps) who use and promote eUSD for their customers.
Current eUSD FinTech RevShare Split:
- Ugly Cash: 14.5%
- Sentz: 4.3%
- stRSR: 78.2%
Proposed eUSD FinTech RevShare Split:
- Ugly Cash: 15.2%
- Sentz: 4.2%
- stRSR: 77.6%
eUSD Market Cap(At Snapshot): $26,473,202
Ugly Cash eUSD Holdings(At Snapshot): $4,017,749
Sentz eUSD Holdings(At Snapshot): $1,106,605
Change Sense Last Proposal:
| FinTech| Previous |Current | Delta |
|--------|--------|--------|--------|
| UglyCash | $3,719,681 | $4,017,749 |+8%
| Sentz | $1,104,010 | $1,106,605 | +0.2%
*The percentages are calculated based on the amount of eUSD the Fintech Apps are holding relative to the eUSD Market Cap.
These update proposals happen bi-weekly. This will allow onchain percentages to more accurately reflect FinTech eUSD holdings.
# [IP] eUSD FinTech Revenue Share Update 2025-07-08
[https://forum.reserve.org/t/ip-eusd-fintech-revenue-share-update-2025-07-08/1211](https://forum.reserve.org/t/ip-eusd-fintech-revenue-share-update-2025-07-08/1211)
**Summary**
This is an update to the existing ongoing proposal of sharing some of the eUSD Revenue with FinTechs(Ugly Cash and Sentz). eUSD shares underlying revenue with distribution partners(i.e. fintech apps) who use and promote eUSD for their customers.
eUSD Market Cap(At Snapshot): $25,574,395
Ugly Cash eUSD Holdings(At Snapshot): $3,719,681
Sentz eUSD Holdings(At Snapshot): $1,104,010
Current eUSD FinTech RevShare Split:
- Ugly Cash: 16.8%
- Sentz: 5.5%
- stRSR: 74.7%
Proposed eUSD FinTech RevShare Split:
- Ugly Cash: 14.5%
- Sentz: 4.3%
- stRSR: 78.2%
*The percentages are calculated based on the amount of eUSD the Fintech Apps are holding relative to the eUSD Market Cap.
These update proposals happen bi-weekly. This will allow onchain percentages to more accurately reflect FinTech eUSD holdings.
# [IP] eUSD FinTech Revenue Share Update 2025-06-24
[https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-06-24/1197](https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-06-24/1197)
**Summary**
This is an update to the existing ongoing proposal of sharing some of the eUSD Revenue with FinTechs(Ugly Cash and Sentz). eUSD shares underlying revenue with distribution partners(i.e. fintech apps) who use and promote eUSD for their customers.
eUSD Market Cap(At Snapshot): $20,164,424
Ugly Cash eUSD Holdings(At Snapshot): $3,391,479
Sentz eUSD Holdings(At Snapshot): $1,103,054
Current eUSD FinTech RevShare Split:
- Ugly Cash: 14.7%
- Sentz: 4.8%
- stRSR: 77.5%
Proposed eUSD FinTech RevShare Split:
- Ugly Cash: 16.8%
- Sentz: 5.5%
- stRSR: 74.7%
*The percentages are calculated based on the amount of eUSD the Fintech Apps are holding relative to the eUSD Market Cap.
These update proposals happen bi-weekly. This will allow onchain percentages to more accurately reflect FinTech eUSD holdings.
# [IP] eUSD FinTech Revenue Share Update 2025-06-10
[https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-06-10/1187](https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-06-10/1187)
**Summary**
This is an update to the existing ongoing proposal of sharing some of the eUSD Revenue with FinTechs(Ugly Cash and Sentz). eUSD shares underlying revenue with distribution partners(i.e. fintech apps) who use and promote eUSD for their customers.
eUSD Market Cap(At Snapshot): $22,712,498
Ugly Cash eUSD Holdings(At Snapshot): $3,338,519
Sentz eUSD Holdings(At Snapshot): $1,100,751
Current eUSD FinTech RevShare Split:
- Ugly Cash: 14%
- Sentz: 5.1%
- stRSR: 77.9%
Proposed eUSD FinTech RevShare Split:
- Ugly Cash: 14.7%
- Sentz: 4.8%
- stRSR: 77.5%
*The percentages are calculated based on the amount of eUSD the Fintech Apps are holding relative to the eUSD Market Cap.
These update proposals happen bi-weekly. This will allow onchain percentages to more accurately reflect FinTech eUSD holdings.
# [IP] eUSD FinTech Revenue Share Update 2025-05-27
[https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-05-27/1171](https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-05-27/1171)
**Summary**
This is an update to the existing ongoing proposal of sharing some of the eUSD Revenue with FinTechs(Ugly Cash and Sentz). eUSD shares underlying revenue with distribution partners(i.e. fintech apps) who use and promote eUSD for their customers.
eUSD Market Cap(At Snapshot): $21,316,964
Ugly Cash eUSD Holdings(At Snapshot): $2,979,446
Sentz eUSD Holdings(At Snapshot): $1,097,805
Current eUSD FinTech RevShare Split:
- Ugly Cash: 12.8%
- Sentz: 4.8%
- stRSR: 79.4%
Proposed eUSD FinTech RevShare Split:
- Ugly Cash: 14%
- Sentz: 5.1%
- stRSR: 77.9%
*The percentages are calculated based on the amount of eUSD the Fintech Apps are holding relative to the eUSD Market Cap.
These update proposals happen bi-weekly. This will allow onchain percentages to more accurately reflect FinTech eUSD holdings.
# [IP] eUSD FinTech Revenue Share Update 2025-05-13
[https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-05-13/1153](https://forum.reserve.org/t/rfc-eusd-fintech-revenue-share-update-2025-05-13/1153)
**Summary**
This is an update to the existing ongoing proposal of sharing some of the eUSD Revenue with FinTechs(Ugly Cash and Sentz). eUSD shares underlying revenue with distribution partners(i.e. fintech apps) who use and promote eUSD for their customers.
eUSD Market Cap(At Snapshot): $22,807,208
Ugly Cash eUSD Holdings(At Snapshot): $2,914,397
Sentz eUSD Holdings(At Snapshot): $1,096,230
Current eUSD RevShare Split:
- Ugly Cash: 8.8%
- Sentz: 4.6%
- stRSR: 83.6%
Proposed eUSD RevShare Split:
- Ugly Cash: 12.8%
- Sentz: 4.8%
- stRSR: 79.4%
*The percentages are calculated based on the amount of eUSD the Fintech Apps are holding relative to the eUSD Market Cap.
These update proposals happen bi-weekly. This will allow onchain percentages to more accurately reflect FinTech eUSD holdings.
# [IP] eUSD Unregister Unused Assets #2
[https://forum.reserve.org/t/rfc-eusd-unregister-unused-assets-2/1152](https://forum.reserve.org/t/rfc-eusd-unregister-unused-assets-2/1152)
**Summary**
This proposal unregisters old contract addresses no longer utilized by eUSD. These types of proposals can happen after a collateral basket change or a major protocol upgrade.
Assets to be unregistered:
- stkAAVE: 0xF4493581D52671a9E04d693a68ccc61853bceEaE
- sDAI: 0x62a9DDC6FF6077E823690118eCc935d16A8de47e
- cUSDT: 0x5ceadb6606C5D82FcCd3f9b312C018fE1f8aa6dA
- USDP: 0x4C0B21Acb267f1fAE4aeFA977A26c4a63C9B35e6
# [IP] eUSD Revenue Share Update 2025-04-29
[https://forum.reserve.org/t/rfc-eusd-revenue-share-update-2025-04-29/1146](https://forum.reserve.org/t/rfc-eusd-revenue-share-update-2025-04-29/1146)
**Summary**
This is an update to the existing ongoing proposal of sharing some of the eUSD Revenue with FinTechs(Ugly Cash and Sentz). eUSD shares underlying revenue with distribution partners(i.e. fintech apps) who use and promote eUSD for their customers.
Original Proposal.
eUSD Market Cap(At Snapshot): $24,093,868
Ugly Cash eUSD Holdings(At Snapshot): $2,124,210
Sentz eUSD Holdings(At Snapshot): $1,096,230
Current eUSD RevShare Split:
- Ugly Cash: 6.9%
- Sentz: 3.9%
- stRSR: 86.2%
- RToken Champion 3%
Proposed eUSD RevShare Split:
- Ugly Cash: 8.8%
- Sentz: 4.6%
- stRSR: 83.6%
- RToken Champion 3%(No Change)
*The percentages are calculated based on the amount of eUSD the Fintech Apps are holding relative to the eUSD Market Cap.
These update proposals happen bi-weekly. This will allow onchain percentages to more accurately reflect FinTech eUSD holdings.
# [IP] eUSD Revenue Share Update 2025-04-15
[https://forum.reserve.org/t/rfc-eusd-revenue-share-update-2025-04-15/1131](https://forum.reserve.org/t/rfc-eusd-revenue-share-update-2025-04-15/1131)
Summary
This is an update to the existing ongoing proposal of sharing some of the eUSD Revenue with FinTechs(Ugly Cash and Sentz). eUSD shares underlying revenue with distribution partners(i.e. fintech apps) who use and promote eUSD for their customers.
Original Proposal.
Current eUSD Market Cap: $27,799,002
Ugly Cash eUSD Holdings: $1,906,555
Sentz eUSD Holdings: $1,094,683
Current eUSD RevShare Split:
- Ugly Cash: 6.9%
- Sentz: 4.5%
- stRSR: 85.6%
- RToken Champion 3%
Update Proposed eUSD RevShare Split:
- Ugly Cash: 6.9%
- Sentz: 3.9%
- stRSR: 86.2%
- RToken Champion 3%(No Change)
*The percentages are calculated based on the amount of eUSD the Fintech Apps are holding relative to the eUSD Market Cap.
These update proposals will move to a bi-weekly cadence. This will allow onchain percentages to more accurately reflect what is in the FinTechs wallets.
# [IP] eUSD Revenue Share Update 2025-04-1
[https://forum.reserve.org/t/rfc-eusd-revenue-share-update-2025-04-1/1122](https://forum.reserve.org/t/rfc-eusd-revenue-share-update-2025-04-1/1122)
**Summary**
This is an update to the existing ongoing proposal of sharing some of the eUSD Revenue with FinTechs(Ugly Cash and Sentz). eUSD shares underlying revenue with distribution partners(i.e. fintech apps) who use and promote eUSD for their customers.
eUSD Market Cap at snapshot: $24,078,901
Ugly Cash eUSD Holdings at snapshot: $1,651972
Sentz eUSD Holdings at snapshot: $1,091,049
Current eUSD RevShare Split:
- Ugly Cash: 5.6%
- Sentz: 4.4%
- stRSR: 87.7%
- RToken Champion 3%
Proposed eUSD RevShare Split:
- Ugly Cash: 6.9%
- Sentz: 4.5%
- stRSR: 85.6%
- RToken Champion 3%(No Change)
*The percentages are calculated based on the amount of eUSD the Fintech Apps are holding relative to the eUSD Market Cap.
These update proposals happen bi-weekly. This will allow onchain percentages to more accurately reflect FinTech eUSD holdings.
# [IP] eUSD Revenue Share Update 2025-03-18
[https://forum.reserve.org/t/rfc-eusd-revenue-share-update-2025-03-18/1104](https://forum.reserve.org/t/rfc-eusd-revenue-share-update-2025-03-18/1104)
**Summary**
This is an update to the existing ongoing proposal of sharing some of the eUSD Revenue with FinTechs(Ugly Cash and Sentz). eUSD shares underlying revenue with distribution partners(i.e. fintech apps) who use and promote eUSD for their customers.
Current eUSD Market Cap: $25,013,073
Ugly Cash eUSD Holdings: $1,399,898
Sentz eUSD Holdings: $1,089,462
Current eUSD RevShare Split:
- Ugly Cash: 4.3%
- Sentz: 4.9%
- stRSR: 87.8%
- RToken Champion 3%
Update Proposed eUSD RevShare Split:
- Ugly Cash: 5.6%
- Sentz: 4.4%
- stRSR: 87%
- RToken Champion 3%(No Change)
*The percentages are calculated based on the amount of eUSD the Fintech Apps are holding relative to the eUSD Market Cap.
These update proposals will move to a bi-weekly cadence. This will allow onchain percentages to more accurately reflect what is in the FinTechs wallets.
# [IP] eUSD Revenue Share Update 2025-03-07
[https://forum.reserve.org/t/rfc-eusd-revenue-share-update-2025-03-07/1101](https://forum.reserve.org/t/rfc-eusd-revenue-share-update-2025-03-07/1101)
**Summary**
This is an update to the existing ongoing proposal of sharing some of the eUSD Revenue with FinTechs(Ugly Cash and Sentz). eUSD shares underlying revenue with distribution partners(i.e. fintech apps) who use and promote eUSD for their customers.
*Current eUSD RevShare Split:*
- Ugly Cash: 4.3%
- Sentz: 4.9%
- stRSR: 87.8%
- RToken Champion 3%
*Update Proposed eUSD RevShare Split:*
- Ugly Cash: 5%
- Sentz: 4.3%
- stRSR: 87.7%
- RToken Champion 3%(No Change)
*The percentages are calculated based on the amount of eUSD the Fintech Apps are holding relative to the eUSD Market Cap.
These update proposals will move to a bi-weekly cadence. This will allow onchain percentages to more accurately reflect the FinTech wallets eUSD balances in relationship to the eUSD market cap.
# [IP] eUSD Revenue Share Update 2025-02-06
[https://forum.reserve.org/t/ip-eusd-revenue-share-update-2025-02-06/1072](https://forum.reserve.org/t/ip-eusd-revenue-share-update-2025-02-06/1072)
This proposal does two things:
1.) Changes the eUSD FinTech RevShare to reflect the new values outlined in the proposal. See below.
2.) Ratify the new interpretation of how the Fintech RevShare is updated. See here:
https://forum.reserve.org/t/ip-change-in-eusd-revenue-share-operational-parameters/1057
Parameter Changes:
- RSR Stakers: 90.3% to 87.8%
- Sentz: 2.9% to 4.9%
- UglyCash: 4.4% to 4.3%
- Tom Sawyer: 3% to 3% (no change)
# [IP] eUSD Collateral Basket Change Proposal 4: Step 1
[https://forum.reserve.org/t/ip-eusd-collateral-basket-change-proposal-4/1038](https://forum.reserve.org/t/ip-eusd-collateral-basket-change-proposal-4/1038)
There is an overwhelming amount of support for this proposal. However, the Aave V3 USDT plugin does not exist.
This proposal will be done in two steps onchain.
Step 1 will be swapping out sDAI for Comp V3 USDC.
Step 1:
Current Basket:
- 33% sDAI
- 33% Aave v3 USDC
- 33% Comp v3 USDT
Interim Step 1 Basket:
- 33% Comp v3 USDC
- 33% Aave v3 USDC
- 33% Comp v3 USDT
# [IP] eUSD Rev Share with RToken Champion
[https://forum.reserve.org/t/ip-eusd-rev-share-with-rtoken-champion/952](https://forum.reserve.org/t/ip-eusd-rev-share-with-rtoken-champion/952)
**Summary**
This proposal would direct 3% (in RSR) of the eUSD revenue distribution externally. This 3% would represent a form of compensation for continued leadership in governance and brand building across multiple RTokens in order to amplify the work being done by ABC Labs. For eUSD to find its deserved place in the market, it needs someone working close to full-time to amplify social presence and focus closely on basket composition.
Current Revenue Share:
stRSR: 92.2%
Proposed Revenue Share:
stRSR: 89.2%
External: 3% (in RSR) to 0x1c8fA333e3f136bc07D7487aF88EC778d160ad8E
# [IP] Remove TUSD From the Emergency Collateral Backing
[https://forum.reserve.org/t/rfc-remove-tusd-from-the-emergency-collateral-backing/905](https://forum.reserve.org/t/rfc-remove-tusd-from-the-emergency-collateral-backing/905)
**Summary**
This proposal removes TUSD(TrueUSD) from the emergency collateral.
Current Emergency Collateral Backing:
USDC
USDT
USDP
TUSD
DAI
Proposed Emergency Collateral Backing:
USDC
USDT
USDP
DAI
# [IP] eUSD Unregister Unused Assets-Cleanup
[https://forum.reserve.org/t/rfc-eusd-unregister-unused-assets-cleanup/880](https://forum.reserve.org/t/rfc-eusd-unregister-unused-assets-cleanup/880)
**Summary**
This proposal unregisters old contract addresses that are no longer used in eUSD. These types of proposals can happen after a collateral basket change or a major protocol upgrade. In the case of eUSD, there was a recent collateral basket change proposal that was executed as well as a protocol version upgrade to 3.4.0.
Assets to be unregistered:
saUSDC: 0xc4240D22FFa144E2712aACF3E2cC302af0339ED0(older version)
saUSDT: 0x8d753659D4E4e4b4601c7F01Dc1c920cA538E333
saEthPyUSD: 0x58a41c87f8C65cf21f961b570540b176e408Cf2E
# eUSD Rev Share Update August 1, 2024
[https://forum.reserve.org/t/ip-eusd-rev-share-update-august-1-2024/869](https://forum.reserve.org/t/ip-eusd-rev-share-update-august-1-2024/869)
**Summary**
Initial Rev Share Proposal: https://forum.reserve.org/t/rfc-eusd-rev-share-with-fintech-apps/801 9
Snapshots will be taken on the 1st of every month and the following updates are needed:
Ugly Cash: 4.1%
Sentz: 3.2%
stRSR: 92.7%
Ugly Cash destination address:
0x12ec148a193BA7b3a141ce6d02AdE326883d28D9
Sentz destination address:
0x2e3F334f9035aAB204347508415dEc785cd5075E
Abstract:
eUSD should share underlying revenue with distribution partners, starting with fintech apps, who use and promote eUSD for their customers.
Problem Statement:
An experiment to grow eUSD
Rationale:
Continuing to support the initial proposal and this could lead to the revenue for governance being overall higher in the long term even though it means giving up some yield right now.
Risks:
Potentially lowering the overcollateralization.
# [IP] eUSD Reward Ratio Change From 2 Weeks to 1 Week
[https://forum.reserve.org/t/rfc-eusd-reward-ratio-change-from-2-weeks-to-1-week/861](https://forum.reserve.org/t/rfc-eusd-reward-ratio-change-from-2-weeks-to-1-week/861)
Summary
Change the reward ratio from 2 weeks to 1 week.
Current Reward Ratio:
2 weeks or 0.000000534833333333
New Reward Ratio:
1 week or 0.000001069666666666
# [IP] eUSD Issuance and Redemption Throttle Increase
[https://forum.reserve.org/t/rfc-eusd-issuance-and-redemption-throttle-increase/829](https://forum.reserve.org/t/rfc-eusd-issuance-and-redemption-throttle-increase/829)
Summary
This proposal Increases the redemption and issuance throttle for eUSD
# [IP] eUSD Collateral Basket Change Proposal #1
[https://forum.reserve.org/t/rfc-eusd-collateral-basket-change-proposal-1/824](https://forum.reserve.org/t/rfc-eusd-collateral-basket-change-proposal-1/824)
Summary
The Electronic Dollar(eUSD) 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. eUSD, is censorship resistant and a safety-first stablecoin that brings together diversified, highly liquid backing with anti-bank run overcollateralization.
In this proposal the aim is to improve the yield profile in the eUSD collateral basket.
Current Basket:
- 25% Comp v2 USDT
- 25% Aave v3 USDC
- 25% Comp v3 USDC
- 25% Aave v2 USDT
Proposed Basket:
- 25% Comp v2 USDT
- 25% Aave v3 USDC
- 25% Comp v3 USDC
- 25% sDAI
# [IP] eUSD 3.4.0 Upgrade - Step 2 Cleanup
[https://forum.reserve.org/t/ip-eusd-3-4-0-upgrade/753](https://forum.reserve.org/t/ip-eusd-3-4-0-upgrade/753)
**Summary**
Upgrade all eUSD 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.
# [IP] eUSD Rev Share with Fintech Apps
[https://forum.reserve.org/t/rfc-eusd-rev-share-with-fintech-apps/801](https://forum.reserve.org/t/rfc-eusd-rev-share-with-fintech-apps/801)
Distribution is critical and at the same time very difficult for stablecoins. At the same time, eUSD has an overabundance of overcollateralization. This creates an interesting opportunity for eUSD governors to potentially grow the usage and market cap of eUSD.
Proposal: eUSD should share underlying revenue with distribution partners, starting with fintech apps, who use and promote eUSD for their customers.
TLDR Reasoning: This could lead to the revenue for governance being overall higher in the long term even though it means giving up some yield right now.
Vote yes on this proposal to 1) start the program and 2) make the first rev share distribution update (to be continued on monthly cadence).
Rev share calculated here: https://docs.google.com/spreadsheets/d/1vNz0UBMvUtV4mSOKFYLMqLB-1Lw44onn2p2qlk43oZ0/edit?gid=0#gid=0