Wrapped Savings rUSD (wsrUSD) stablecoin analytics
wsrUSD is a non-rebasing ERC-4626 savings wrapper of Reservoir's rUSD stablecoin, accruing yield from T-bill, DeFi lending, and basis strategies behind rUSD.
Static Profile
Static stablecoin profile
Wrapped Savings rUSD (wsrUSD) static profile: governance model CeFi-Dependent; backing model Real-World Asset Backed; peg US Dollar.
Variant Relationship
Wrapped Savings rUSD (wsrUSD) is modeled as a savings variant of Reservoir rUSD (rUSD). Pharos treats parent stress, redemption, mint authority, and dependency context as relevant to this variant before interpreting its own live metrics.
AI summary / Updated May 15, 2026
Reservoir's ERC-4626 NAV vault survived a $285M bank run, then reincarnated as a seven-stablecoin reserve managed by named curators with enforced solvency floors. Reservoir's rUSD processed $285M in redemptions 'without failure' in November 2025, then flatlined — the protocol's...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- T-bills and government securities (RWA allocation via governance-approved Asset Adapters), overcollateralized DeFi lending in Morpho and Euler vaults (curators include Steakhouse, Re7, MEV Capital, Gauntlet, Objective Labs), and crypto funding-rate / basis strategies; Credit Enforcer smart contracts enforce minimum 105% Liquidity, Solvency, and Capital Ratios before any leverage-increasing action
- Peg Mechanism
- wsrUSD is a non-rebasing ERC-4626 vault token that accepts rUSD and accrues yield per block; token price appreciates continuously from $1.00 as protocol yield accrues, and users can redeem wsrUSD for rUSD at any time. rUSD itself is minted and redeemed through Reservoir's Peg Stability Module (PSM) against supported stablecoins, subject to available protocol liquidity.
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- Real-Time PoR by Reservoir Protocol (on-chain live balance sheet) Reserve source
Snippet Answer
Is wsrUSD safe?
Pharos does not mark wsrUSD as absolutely safe. Static metadata says Wrapped Savings rUSD uses a CeFi-Dependent governance model and Real-World Asset Backed backing, with Real-Time PoR from Reservoir Protocol (on-chain live balance sheet); the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety wsrusd-reservoir
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated May 15, 2026.
wsrUSD quick answers
What is Wrapped Savings rUSD (wsrUSD)?
wsrUSD is a non-rebasing ERC-4626 savings wrapper of Reservoir's rUSD stablecoin, accruing yield from T-bill, DeFi lending, and basis strategies behind rUSD. The static profile records its US Dollar peg mechanism as: wsrUSD is a non-rebasing ERC-4626 vault token that accepts rUSD and accrues yield per block; token price appreciates continuously from $1.00 as protocol yield accrues, and users can redeem wsrUSD for rUSD at any time. rUSD itself is...
Is wsrUSD safe?
Pharos does not mark wsrUSD as absolutely safe. Static metadata says Wrapped Savings rUSD uses a CeFi-Dependent governance model and Real-World Asset Backed backing, with Real-Time PoR from Reservoir Protocol (on-chain live balance sheet); the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs wsrUSD?
Pharos classifies wsrUSD backing as Real-World Asset Backed. Collateral, per the static profile: T-bills and government securities (RWA allocation via governance-approved Asset Adapters), overcollateralized DeFi lending in Morpho and Euler vaults (curators include Steakhouse, Re7, MEV Capital, Gauntlet, Objective Labs), and crypto... Reserve evidence: Real-Time PoR from Reservoir Protocol (on-chain live balance sheet).
Can wsrUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Live freeze and blacklist events for wsrUSD, when applicable, appear in the dossier below.