Reserve Report
80% of the reserve built from trading and protocol fees is now deployed.
The split:
โข 75% into SyrupUSDG, earning 13% APY
โข 25% into the SPY equity vault, earning 6% APY plus any SPY appreciation (Powered by
@longbowlend )
Blended yield on deployed capital: 11.25%, with equity upside on top.
The remaining 20% sits in stables, ready for the next strategies.
This is the flywheel starting to turn. The reserve now generates yield, and that yield funds $SPRL buybacks and burns.
Reserve wallet: