0x49b4564c…6c52sent to0xa8a608b9…2022·#25,574,856·view on Etherscan
# ETHplus Rebalance Proposal Q2/3 2026
[https://forum.reserve.org/t/ip-ethplus-rebalance-proposal-q2-2026/1531/14](https://forum.reserve.org/t/ip-ethplus-rebalance-proposal-q2-2026/1531/14)
The first step of the Q1 2026 rebalance was successfully completed on 13th June 2026. As the backing buffer was heavily overfilled, ~150%, prior to the rebalance, the rebalance did not drop the buffer below 100%. As a result, ETHplus holders and RSR stakers experienced no interruption in yield distribution, as any debt burdens to the buffer must be filled in with new appreciation before yield distributions can continue.
While the completion of the interim basket hasn’t materially improved the executional depth of ETHplus, with 100% of the supply (5,000 ETH) being able to enter and exit ETHplus in a single transaction with under 0.5% slippage before and after the rebalance, we do see material improvements in the holder yield profile which is now trails it’s stETH benchmark by 3% Vs 7% before the completion of the first step of the rebalance.
