Asset Adapters

Asset adapters offer a destination for capital within the Reservoir protocol (USDC) to generate yield in both onchain and real world asset opportunities. Once Governance approves the capital allocations and destinations, the stablecoins can be transferred to the underlying smart contracts with a standardized interfaces that report a net asset value, in order to track overall solvency within Reservoir.

Whether it's an offchain net asset value, debt token, or LP position fund adapter holdings are in custody of the protocol and thus contribute to the asset side of the balance sheet of the Reservoir protocol.

Currently integrated asset adapters

Below are the current asset adapter integrations. To view the associated addresses, please visit here. For more details regarding the asset adapters, including live data regarding asset allocation, please visit the reserves page.

Asset
Ticker
Description

Stargate USDC LP

USDC

USDC LP to the Stargate protocol to earn liquid yield.

Treasury Bills

ifBILL

Tokenized U.S. Treasury Bills provides users with exposure to short-term U.S. Treasury Bills. Underlying investments may include (i) direct purchases of U.S. Treasury Bills that have a remaining maturity under 12 months, and (ii) other instruments or investments providing short-term U.S. Treasury Bills, such as ETFs (e.g. BIL, SGOV, and SHV). Learn more here.

Steakhouse USDC Morpho Vault

steakUSDC

The Steakhouse USDC vault aims to optimize yields by lending USDC against blue chip crypto and real world asset (RWA) collateral markets, depending on market conditions.

Smokehouse USDC Morpho Vault

smokeUSDC

The Smokehouse USDC vault aims to optimize for yield on a wide range of collaterals.

Smokehouse USDT Morpho Vault

smokeUSDT

The Smokehouse USDT vault aims to optimize for yield on a wide range of collaterals.

MEV USDC Morpho Vault

mevUSDC

The MEV Capital USDC vault provides a set of liquid collateral markets with an optimized risk-adjusted return through an active rebalancing strategy.

Re7 USDC World Chain Morpho Vault

re7USDC

The Re7 USDC Core vault curated by Re7 Labs is intended to seamlessly allocate USDC liquidity to a selection of high-yield Morpho markets, targeting a higher risk-return profile than Re7 USDC Prime vault.

Steakhouse RUSD Morpho Vault

steakRUSD

The Reservoir rUSD vault powered by Steakhouse will enable rUSD minting on a variable and fixed rate basis against blue chip crypto and yield baring assets.

Euler Yield USDC

eUSDC

USDC yield vault on Euler

Ethena Staked USDe

sUSDe

Ethena's yield bearing token

Pendle PT Ethena sUSDe

PT-sUSDe

Pendle principal token for sUSDe

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