0x888ba86d…69desent to0xf4a9288d…62f8·#20,457,241·view on Etherscan
# 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.