# Reservoir > The Next-Gen Stablecoin Protocol Reservoir is a decentralized stablecoin protocol offering rUSD backed by digital and real-world assets with yield-bearing products. Reservoir is a permissionless protocol on Ethereum that provides next-generation stablecoin infrastructure backed by digital and real-world assets. Users can access rUSD stablecoin, srUSD liquid yielding tokens, trUSD term-based assets, and permissionless lending markets. Reservoir offers better yields than traditional stablecoin protocols through diversified high-quality collateral across bull and bear markets. - Type: Project - Sector: Finance - Status: Active - Founded: 2024-08-01 - Profile: https://thegrid.id/profiles/reservoir ## Products - [Reservoir Protocol](https://thegrid.id/profiles/reservoir): Reservoir Protocol is a decentralized stablecoin issuance platform on Ethereum that mints rUSD backed by digital and real-world assets. The protocol offers multiple yield-bearing primitives including liquid savings, term-based instruments, and lending markets with integrated peg stability mechanisms. (Stablecoin Issuer, Live, Main Product) ## Assets - [Reservoir Stablecoin (rUSD)](https://thegrid.id/profiles/reservoir): rUSD is a USD-pegged stablecoin issued by Reservoir Protocol. It is used as collateral in DeFi applications, to mint yield-bearing tokens like srUSD and trUSD, and for cross-chain transactions. The protocol provides a peg stability module that allows users to mint and redeem rUSD for USDC at parity, ensuring holders maintain instant access to liquidity backed by a diversified balance sheet of digital and real-world assets. (Stablecoin) - [Reservoir Savings Token (srUSD)](https://thegrid.id/profiles/reservoir): srUSD is a yield-bearing savings token issued by Reservoir Protocol that represents deposited rUSD stablecoin. It is used to earn variable interest rates set by governance while maintaining instant minting and redemption without lock-up periods. The token accrues yield daily through a rebasing mechanism that increases the token's value relative to rUSD, allowing holders to preserve liquidity and composability across DeFi protocols while earning returns on their stablecoin holdings. (Utility) - [Reservoir Term Token (trUSD)](https://thegrid.id/profiles/reservoir): trUSD is a fixed-term yield-bearing token that users exchange rUSD for at differing maturities within the Reservoir Protocol. It is used to mint a token that provides scheduled cash flow payments at a fixed interest rate. The implementation uses ERC-1155 to provide a standardized indexed set, enabling smart contracts to calculate maturity dates for different term tranches automatically. (Utility) - [Wrapped Reservoir Savings Token (wsrUSD)](https://thegrid.id/profiles/reservoir): wsrUSD is a wrapped version of srUSD created to ensure compatibility with DeFi protocols that follow specific token standards. It accrues interest each block and users can mint and redeem at any time. While both tokens are liquid yield-bearing assets minted from rUSD with identical underlying interest rates, they have distinct mechanics for interest accrual and fees. (Utility) - [Reservoir Governance Token (DAM)](https://thegrid.id/profiles/reservoir): DAM is the governance token of Reservoir Protocol. It is used to vote on protocol parameters like collateral types and fees, and staking DAM unlocks boosted rewards, access to exclusive yield streams, and loyalty multipliers in ongoing incentive programs to align user and protocol incentives. (Governance) ## Links - [Main](https://www.reservoir.xyz) - [Documentation](https://docs.reservoir.xyz) - [Blog](https://reservoir.beehiiv.com) - [Media Kit/branding](https://docs.reservoir.xyz/branding/brand-kit) - [Terms of Service](https://docs.reservoir.xyz/security-and-compliance/terms-of-service) - [Twitter / X](https://x.com/reservoir_xyz) - [Discord](https://discord.gg/reservoir) - [GitHub](https://github.com/reservoir-protocol) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. 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