coolseb
3 Posts
coolseb
Poulet français qui découvre la crypto et qui espère voler sans se brûler les ailes
Frequent Trader
4.7 Years
18 Following
151 Followers
804 Liked
Posts
All
Quotes
Keep going like this, the direction is good, there has been a realization and the team is getting to work to improve 👍
Usual Official
·
--
UIP-16 : Usual Zero Rate Module (UZR): Adding U0R as USD0 Collateral
Usual's governance process deploys upgrades in clearly defined stages. UIP-16 follows this approach.
This proposal aims to add U0R (Usual Zero Rate Vault) as eligible collateral for USD0 on Ethereum mainnet. Its objective is strictly technical and preparatory: UIP-16 does not introduce a new product at this stage and does not finalize a broader infrastructure transition. It represents an intermediate step.
As a reminder, following the DAO vote to reduce USUAL inflation during UIP-11, governance set the USL rate to 0% and stopped USUAL emissions for bUSD0 deposited as USL collateral.
We are therefore proposing a technical UIP to introduce U0R as new USD0 collateral, via a dedicated infrastructure, deployed alongside USL: the Usual Zero Rate Module (UZR), with an explicit property: a 0% rate.
UZR will coexist with the current USL on Euler: nothing is replaced, nothing is imposed. Users will be able to choose to remain on the current system or to migrate.
Why this UIP (context)
This technical UIP precedes a forthcoming UIP that will propose the complete new infrastructure.It is necessary to unlock essential tests (security, integrations, on-chain behavior, user flows) before a broader deployment.The objective is to reduce risk and validate technical assumptions before submitting the final migration and target architecture to governance.
Before submitting a complete infrastructure proposal, the protocol must validate the behavior of this configuration under real conditions. UIP-16 opens this testing phase by authorizing U0R as eligible collateral for USD0.
The proposed change does not modify USD0's risk framework, monetary policy, or collateral philosophy. It allows testing, in a controlled manner, collateral flows, accounting, and integrations, before a separate proposal that will detail the complete infrastructure design.
In this sense, UIP-16 is a prerequisite: it creates the necessary conditions to collect on-chain data, validate assumptions, and reduce risk, before requesting DAO approval for a broader architectural change.
A detailed technical description of the future infrastructure will be submitted to governance soon.
Here's a link to the proposal: https://snapshot.box/#/s:usualmoney.eth/proposal/0x2a5956511f74a948f523295af642378d0f57e1904c87b17e62c1c2ae2b827761
This proposal aims to add U0R (Usual Zero Rate Vault) as eligible collateral for USD0 on Ethereum mainnet. Its objective is strictly technical and preparatory: UIP-16 does not introduce a new product at this stage and does not finalize a broader infrastructure transition. It represents an intermediate step.
As a reminder, following the DAO vote to reduce USUAL inflation during UIP-11, governance set the USL rate to 0% and stopped USUAL emissions for bUSD0 deposited as USL collateral.
We are therefore proposing a technical UIP to introduce U0R as new USD0 collateral, via a dedicated infrastructure, deployed alongside USL: the Usual Zero Rate Module (UZR), with an explicit property: a 0% rate.
UZR will coexist with the current USL on Euler: nothing is replaced, nothing is imposed. Users will be able to choose to remain on the current system or to migrate.
Why this UIP (context)
This technical UIP precedes a forthcoming UIP that will propose the complete new infrastructure.It is necessary to unlock essential tests (security, integrations, on-chain behavior, user flows) before a broader deployment.The objective is to reduce risk and validate technical assumptions before submitting the final migration and target architecture to governance.
Before submitting a complete infrastructure proposal, the protocol must validate the behavior of this configuration under real conditions. UIP-16 opens this testing phase by authorizing U0R as eligible collateral for USD0.
The proposed change does not modify USD0's risk framework, monetary policy, or collateral philosophy. It allows testing, in a controlled manner, collateral flows, accounting, and integrations, before a separate proposal that will detail the complete infrastructure design.
In this sense, UIP-16 is a prerequisite: it creates the necessary conditions to collect on-chain data, validate assumptions, and reduce risk, before requesting DAO approval for a broader architectural change.
A detailed technical description of the future infrastructure will be submitted to governance soon.
Here's a link to the proposal: https://snapshot.box/#/s:usualmoney.eth/proposal/0x2a5956511f74a948f523295af642378d0f57e1904c87b17e62c1c2ae2b827761
Log in to explore more content