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  • srUSD: How-To Guide & FAQ
  • Multi-Account Safety: How Margin Accounts Work
  • ❓ FAQ
  1. REYA PRODUCTS
  2. rUSD / srUSD

srUSD How to and FAQs

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Last updated 2 months ago

srUSD: How-To Guide & FAQ

srUSD is a yield-bearing stablecoin on ReyaChain that lets you earn passive yield while using the same capital to trade. Born from , it’s a core primitive for capital-efficient DeFi on Reya.

How to Mint srUSD

  1. Access the Platform: Navigate to .

  2. Connect Your Wallet: Ensure your wallet is connected and set to ReyaChain.

  3. Deposit USDC: Transfer USDC into your account.

  4. Mint srUSD: Use the deposited USDC to mint srUSD directly through the platform.

  5. Ready to Use: Your srUSD is now earning yield and can be utilized as trading margin.

Understanding srUSD Yield

  • Yield Generation: srUSD holders earn yield derived from protocol fees within the Reya ecosystem, including trading and funding fees. Alongside yield generated by Reya’s unique “Liquidity Manager” model

  • Automatic Accrual: Yield accrues automatically; there is no need for staking or manual claiming.

  • Stable Balance: While your srUSD balance remains constant, its value appreciates through the accrued yield.

Utilizing srUSD

  • Trading on Reya DEX: Use srUSD as margin for trading perpetual futures on Reya DEX.

  • Cross-Margin Support: srUSD supports cross-margining, allowing a single balance to back multiple positions.

  • Liquidity Provision: Provide liquidity within the Reya ecosystem using srUSD.

Key Benefits

  • Dual Functionality: srUSD combines yield generation with trading utility.

  • Capital Efficiency: Maximize the utility of your assets by earning yield while maintaining trading capability.

  • Seamless Integration: srUSD is designed to work natively within the Reya ecosystem, ensuring smooth operations.

Multi-Account Safety: How Margin Accounts Work

Reya supports multiple margin accounts, each siloed from one another.

So if you're holding srUSD in Account A and trading with leverage in Account B, your balance in Account A is NOT at risk from trades made in B.

Only the srUSD in the margin account you trade from is exposed to PnL.

This gives you more control over risk and capital allocation.

❓ FAQ

Q: What’s the difference between rUSD and srUSD?

rUSD is used for LP staking and earning protocol rewards.

srUSD is a yield-bearing stablecoin designed for trading and margin use.

Q: Can I convert srUSD back to rUSD?

Yes. You can redeem srUSD back into rUSD at any time via the dApp.

Q: Do I need to move srUSD to a special account to earn yield?

No. Yield accrues automatically—just by holding srUSD in your wallet or account.

Q: Has srUSD been audited?

Yes. srUSD has been fully audited as part of Reya’s security framework.

Q: Will my XP boost be affected by converting to srUSD?

No. XP boost will not be affected by converting to srUSD Q: What happens to my XP boost if I unstake my srUSD

Q: Are there XP or incentives for using srUSD?

Currently, XP accrues at the standard rate. Additional rewards or boosts may be added in the future.

Q: Is srUSD available outside of ReyaChain?

Not yet. srUSD is native to ReyaChain and integrated into its ecosystem.

Please see our docs for further reading:

RNIP-3
app.reya.xyz
https://docs.reya.xyz/reya-products/rusd-srusd/srusd