Summary
This proposal seeks to add Yuzu Money’s Staked yzUSD (syzUSD) to the USP Backing Reserve.
Yuzu Money syzUSD will be included in both the reserve distribution and max allowance lists.
Rationale
Yuzu Money Staked yzUSD (syzUSD) offers a yield-generating strategy through the staking of yzUSD, represented via an ERC-4626–compatible wrapper designed for on-chain composability.
By integrating syzUSD into the backing reserve, USP’s collateral composition remains yield-optimized while activating passive APY on an otherwise idle reserve allocation.
Adding syzUSD ensures that USP continues leveraging transparent, composable yield strategies aligned with the protocol’s stability, liquidity, and capital-efficiency goals.
USP Reserve Backing Max Allowance Additions
| RATE | CRYPTO | TYPE | Details |
|---|---|---|---|
| 10% | Staked yzUSD (syzUSD) | On Chain | https://yuzu.money/ |
| 10% | Yuzu Money yzUSD | On Chain | https://yuzu.money/ |
USP Reserve Backing Distribution Table Additions
| RATE | CRYPTO | TYPE | Details |
|---|---|---|---|
| 2.5% | Staked yzUSD (syzUSD) | On Chain | https://yuzu.money/ |
Reserve Backing Distribution Before
| RATE | CRYPTO | TYPE | Details |
|---|---|---|---|
| 65% | BMMF Turkey Stablecoin FX Arbitrage Strategy | On Chain | https://www.balsafinance.com/ |
| 10% | USD AI sUSDai | On Chain | https://usd.ai/ |
| 10% | Giza Arma Agent | On Chain | https://arma.xyz/ |
| 5% | Aave aUSDT | On Chain | https://app.aave.com/reserve-overview/?underlyingAsset=0xdac17f958d2ee523a2206206994597c13d831ec7&marketName=proto_mainnet_v3 |
| 2.5% | Cap USD cUSD | On Chain | https://cap.app/ |
| 2.5% | Cap USD stcUSD | On Chain | https://cap.app/ |
| 2.5% | Midas mF-ONE | On Chain | https://midas.app/mfone |
| 2.5% | Midas mAPOLLO | On Chain | https://midas.app/mapollo |
Reserve Backing Distribution After
| RATE | CRYPTO | TYPE | Details |
|---|---|---|---|
| 65% | BMMF Turkey Stablecoin FX Arbitrage Strategy | On Chain | https://www.balsafinance.com/ |
| 10% | USD AI sUSDai | On Chain | https://usd.ai/ |
| 10% | Giza Arma Agent | On Chain | https://arma.xyz/ |
| 5% | Aave aUSDT | On Chain | https://app.aave.com/reserve-overview/?underlyingAsset=0xdac17f958d2ee523a2206206994597c13d831ec7&marketName=proto_mainnet_v3 |
| 2.5% | Yuzu Money syzUSD | On Chain | https://yuzu.money/ |
| 2.5% | Cap USD stcUSD | On Chain | https://cap.app/ |
| 2.5% | Midas mF-ONE | On Chain | https://midas.app/mfone |
| 2.5% | Midas mAPOLLO | On Chain | https://midas.app/mapollo |