sR2USD Price
Overview and Purpose:
sR2USD is a liquid staking token linked to R2USD, designed to align long-term commitment with sustainable yields for the DAO and R2USD stakeholders. To cater to users prioritizing liquidity, the protocol introduces a Floor Price Mechanism, allowing sR2USD to be redeemed for R2USD at a discounted rate. This balances immediate liquidity needs with the protocolβs long-term sustainability, ensuring the DAO retains projected future yields forfeited by early redeemers.
In addition, to enhance liquidity and market acceptance, the protocol will establish the sR2USD liquidity pool on well-known defi protocols like Curve Finance. Initially, the pool price will be set, for example, at 0.9 R2USD per sR2USD. As the protocol matures and gains market recognition, the price will gradually adjust through market forces, ultimately reaching a 1:1 parity with R2USD.
By combining a structured Floor Price Mechanism and Curve-based liquidity, sR2USD ensures a dynamic yet sustainable ecosystem. It balances robust yields for long-term stakeholders with flexible liquidity for the broader community, paving the way for consistent growth and protocol stability.
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