👀Overview

What is the R25 Protocol and rcUSD?

The R25 protocol introduces rcUSD, an institutional-grade asset supported token with a face value of 1 US dollar. This is achieved by supporting redemptions of rcUSD with a diversified portfolio of institutional-grade, high-quality, income-producing assets. These assets are actively managed by specialized entities within the R25 ecosystem.

The core value proposition lies in providing users storage of value through rcUSD and the prospect of earning staking rewards (yield) through staking rcUSD and receiving rcUSD+ as a receipt token, as well as using rcUSD and rcUSD+ in other DeFi applications.

Core Objectives

The primary objectives of the R25 protocol are:

  • To maintain the value of the assets supporting rcUSD through AI and data-driven risk management and transparent operational processes.

  • To provide rcUSD holders an opportunity to stake their rcUSD (and receive rcUSD+ as a receipt token) and earn staking rewards.

  • To offer enhanced capital efficiency to users through future integration of rcUSD and rcUSD+ with broader DeFi applications.

Chain-Agnostic Approach

R25 rcUSD is a chain-agnostic product. The protocol is architected for future interoperability across multiple blockchain environments. This will ensure broader accessibility and mitigates single-blockchain dependency risks.

Users can hold, transact, and utilize rcUSD and rcUSD+ on any supported blockchain. However, the supporting assets (e.g., MMFs, private credit) are typically off-chain or reside within CeFi/TradFi systems. The management of these supporting assets is centralized under RiftWriter Company Limited (“IssuerCo”) (first by IssuerCo itself, and in due course, such function will be transferred to an asset management company), with the goal of maintaining IssuerCo’s creditability to redeem all rcUSD at the face value of 1 US dollar.

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