# \[DEPRECATED\] Degen ETH (dgnETH) **URL:** https://forum.reserve.org/c/deprecated-dtfs/dgn-eth/53.md [Latest](https://forum.reserve.org/latest.md) · [Categories](https://forum.reserve.org/categories.md) --- ## [Sunsetting of Degen ETH](https://forum.reserve.org/t/sunsetting-of-degen-eth/1299)
**Author:** [@ham](https://forum.reserve.org/u/ham)\ **Replies:** 0\ **Last updated:** [October 27, 2025, 12:50pm UTC](https://forum.reserve.org/t/sunsetting-of-degen-eth/1299 "2025-10-27T12:50:13Z")
As outlined in @Starl3xx earlier forum post, ABC Labs has made the decision to phase out incentives directed toward the dgnETH/ETH+ liquidity pool, LP on Curve. Unfortunately, due to dgnETH’s two-token design, it has al… --- ## [Phasing out incentives for dgnETH/ETH+ on Curve](https://forum.reserve.org/t/phasing-out-incentives-for-dgneth-eth-on-curve/1292)
**Author:** [@starl3xx](https://forum.reserve.org/u/starl3xx)\ **Replies:** 0\ **Last updated:** [October 22, 2025, 5:25pm UTC](https://forum.reserve.org/t/phasing-out-incentives-for-dgneth-eth-on-curve/1292 "2025-10-22T17:25:01Z")
TL;DR Incentives for hyUSD/eUSD (Aerodrome) and dgnETH/ETH+ (Curve) will be phased out over separate timelines hyUSD/eUSD: three-week wind-down starting today dgnETH/ETH+: phased reductions beginning November 13 and con… --- ## [\[REPORT\] dgnETH Quarterly Report Q3 2025](https://forum.reserve.org/t/report-dgneth-quarterly-report-q3-2025/1282)
**Author:** [@ham](https://forum.reserve.org/u/ham)\ **Replies:** 0\ **Last updated:** [October 21, 2025, 2:27pm UTC](https://forum.reserve.org/t/report-dgneth-quarterly-report-q3-2025/1282 "2025-10-21T14:27:32Z")
This report aims to provide a comprehensive update of all dgnETH related activities over the last quarter, including both on-chain and off-chain data. The purpose of this report is to inform and educate the wider Reserve… --- ## [Collateral Basket Change Proposal 7 - Updating the ETH+/WETH Convex LP Plugin](https://forum.reserve.org/t/collateral-basket-change-proposal-7-updating-the-eth-weth-convex-lp-plugin/1265)
**Author:** [@ham](https://forum.reserve.org/u/ham)\ **Replies:** 1\ **Last updated:** [October 21, 2025, 11:21am UTC](https://forum.reserve.org/t/collateral-basket-change-proposal-7-updating-the-eth-weth-convex-lp-plugin/1265 "2025-10-21T11:21:22Z")
Summary This proposal seeks to update the dgnETH collateral basket by migrating its 75% allocation from the Convex CryptoSwap ETH+/ETH LP to the StableSwap variant. The migration aligns the dgnETH basket with ETHplus’s o… --- ## [\[RFC\] Collateral Basket Change 6: Re-introduction of apxETH](https://forum.reserve.org/t/rfc-collateral-basket-change-6-re-introduction-of-apxeth/1231)
**Author:** [@ham](https://forum.reserve.org/u/ham)\ **Replies:** 1\ **Last updated:** [August 20, 2025, 5:34pm UTC](https://forum.reserve.org/t/rfc-collateral-basket-change-6-re-introduction-of-apxeth/1231 "2025-08-20T17:34:17Z")
Summary This proposal reintroduces apxETH to the dgnETH collateral basket, replacing lower-yielding assets and reducing the ETH+/ETH LP. The change boosts blended yield from 2.87% to 3.65%, raises sdgnETH yield to 7.2%, … --- ## [\[RFC\] Collateral Basket Change Proposal: Add Re7 WETH Morpho Vault](https://forum.reserve.org/t/rfc-collateral-basket-change-proposal-add-re7-weth-morpho-vault/1217)
**Author:** [@Re7Labs](https://forum.reserve.org/u/Re7Labs)\ **Replies:** 1\ **Last updated:** [July 21, 2025, 12:52pm UTC](https://forum.reserve.org/t/rfc-collateral-basket-change-proposal-add-re7-weth-morpho-vault/1217 "2025-07-21T12:52:42Z")
Summary This proposal seeks to add the Re7 WETH Morpho Vault back into the dgnETH collateral basket. Current dgnETH Collateral Basket: Collateral Asset Allocation APY wOETH 25% 2.52% Convex ETH+/ETH 75% 4.41% … --- ## [\[RFC\] Collateral Basket Change Proposal: Adding Wrapped OETH (wOETH) to the dgnETH Collateral Basket](https://forum.reserve.org/t/rfc-collateral-basket-change-proposal-adding-wrapped-oeth-woeth-to-the-dgneth-collateral-basket/1196)
**Author:** [@pete](https://forum.reserve.org/u/pete)\ **Replies:** 11\ **Last updated:** [July 9, 2025, 11:32am UTC](https://forum.reserve.org/t/rfc-collateral-basket-change-proposal-adding-wrapped-oeth-woeth-to-the-dgneth-collateral-basket/1196 "2025-07-09T11:32:53Z")
\[RFC\] Collateral Basket Change Proposal: Adding Wrapped OETH (wOETH) to the dgnETH Collateral Basket Summary This proposal recommends integrating Wrapped OETH (wOETH) into the dgnETH collateral basket to enhance the dive… --- ## [\[REPORT\] dgnETH Quarterly Report Q1 2025](https://forum.reserve.org/t/report-dgneth-quarterly-report-q1-2025/1145)
**Author:** [@ham](https://forum.reserve.org/u/ham)\ **Replies:** 0\ **Last updated:** [April 28, 2025, 9:27pm UTC](https://forum.reserve.org/t/report-dgneth-quarterly-report-q1-2025/1145 "2025-04-28T21:27:15Z")
This report aims to provide a comprehensive update of all dgnETH related activities over the last quarter, including both on-chain and off-chain data. The purpose of this report is to inform and educate the wider Reserve… --- ## [\[REPORT\] Degen ETH (dgnETH) Quarterly Report Q2 2025](https://forum.reserve.org/t/report-degen-eth-dgneth-quarterly-report-q2-2025/1205)
**Author:** [@ham](https://forum.reserve.org/u/ham)\ **Replies:** 0\ **Last updated:** [July 4, 2025, 9:05am UTC](https://forum.reserve.org/t/report-degen-eth-dgneth-quarterly-report-q2-2025/1205 "2025-07-04T09:05:24Z")
dgnETH Quarterly Report Q2 2025 This report aims to provide a comprehensive update of all dgnETH related activities over the last quarter, including both on-chain and off-chain data. The purpose of this report is to info… --- ## [\[IP\] dgnETH Backing Buffer change from 0.1% to 0.15%](https://forum.reserve.org/t/ip-dgneth-backing-buffer-change-from-0-1-to-0-15/1116)
**Author:** [@ham](https://forum.reserve.org/u/ham)\ **Replies:** 1\ **Last updated:** [April 22, 2025, 1:51pm UTC](https://forum.reserve.org/t/ip-dgneth-backing-buffer-change-from-0-1-to-0-15/1116 "2025-04-22T13:51:05Z")
Summary This proposal proposes to increase the backing buffer from 0.1% to 0.15% in order to reduce the risk of slashing from future collateral basket changes. Abstract This proposal recommends increasing the Backing Bu… --- ## [\[REPORT\] dgnETH Quarterly Report Q4 2024](https://forum.reserve.org/t/report-dgneth-quarterly-report-q4-2024/1070)
**Author:** [@ham](https://forum.reserve.org/u/ham)\ **Replies:** 0\ **Last updated:** [January 28, 2025, 5:47pm UTC](https://forum.reserve.org/t/report-dgneth-quarterly-report-q4-2024/1070 "2025-01-28T17:47:58Z")
This report aims to provide a comprehensive update of all dgnETH related activities over the last quarter, including both on-chain and off-chain data. The purpose of this report is to inform and educate the wider Reserve… --- ## [\[IP\] Collateral basket change proposal: Removal of apxETH and addition of the Morpho Re7 WETH Vault](https://forum.reserve.org/t/ip-collateral-basket-change-proposal-removal-of-apxeth-and-addition-of-the-morpho-re7-weth-vault/1056)
**Author:** [@ham](https://forum.reserve.org/u/ham)\ **Replies:** 1\ **Last updated:** [January 20, 2025, 1:55pm UTC](https://forum.reserve.org/t/ip-collateral-basket-change-proposal-removal-of-apxeth-and-addition-of-the-morpho-re7-weth-vault/1056 "2025-01-20T13:55:03Z")
Summary This proposal discusses three changes to the Degen ETH, dgnETH collateral basket including the removal of apxETH, the re-introduction of the Re7 WETH Morpho Vault at 25% and increase of of the Convex ETH+/ETH LP… --- ## [\[IP\] Collateral basket change proposal: Removal of Morpho Re7 WETH Vault](https://forum.reserve.org/t/ip-collateral-basket-change-proposal-removal-of-morpho-re7-weth-vault/899)
**Author:** [@ham](https://forum.reserve.org/u/ham)\ **Replies:** 7\ **Last updated:** [September 10, 2024, 12:17pm UTC](https://forum.reserve.org/t/ip-collateral-basket-change-proposal-removal-of-morpho-re7-weth-vault/899 "2024-09-10T12:17:06Z")
Summary This proposal discusses the removal of the Morpho Re7 WETH Vault weighting from the Degen ETH, dgnETH collateral basket. To instead favor an equal 50/50 weighting of Dinero’s apxETH and Convex ETH+/ETH LP. In or… --- ## [\[RFC\] Increase the Degen ETH (dgnETH) Backing\_buffer from 0.03% to 0.10%](https://forum.reserve.org/t/rfc-increase-the-degen-eth-dgneth-backing-buffer-from-0-03-to-0-10/878)
**Author:** [@willyleblank](https://forum.reserve.org/u/willyleblank)\ **Replies:** 1\ **Last updated:** [August 8, 2024, 5:08pm UTC](https://forum.reserve.org/t/rfc-increase-the-degen-eth-dgneth-backing-buffer-from-0-03-to-0-10/878 "2024-08-08T17:08:50Z")
Summary Increase the Degen ETH (dgnETH) Backing\_buffer from 0.03% to 0.10% Current Backing\_buffer 0.03% New Backing\_buffer 0.10% Abstract This proposal recommends increasing the Degen ETH (dgnETH) backing buffer from … --- ## [\[RFC\] Discussion on how often to harvest staking rewards for $sdgnETH](https://forum.reserve.org/t/rfc-discussion-on-how-often-to-harvest-staking-rewards-for-sdgneth/849)
**Author:** [@0xSleepy](https://forum.reserve.org/u/0xSleepy)\ **Replies:** 5\ **Last updated:** [August 3, 2024, 2:56pm UTC](https://forum.reserve.org/t/rfc-discussion-on-how-often-to-harvest-staking-rewards-for-sdgneth/849 "2024-08-03T14:56:25Z")
Summary The goal of this RFC is to coordinate with the Degen ETH (dgnETH) community to have a clearer understanding of staking distribution for staked Degen ETH (sdgnETH), how often yield will be distributed to stakers, … --- ## [\[RFC\] Collateral Basket Change: Adding apxETH to the Staked Degen ETH (sdgnETH) Yield Basket](https://forum.reserve.org/t/rfc-collateral-basket-change-adding-apxeth-to-the-staked-degen-eth-sdgneth-yield-basket/868)
**Author:** [@0xSleepy](https://forum.reserve.org/u/0xSleepy)\ **Replies:** 0\ **Last updated:** [July 30, 2024, 4:09pm UTC](https://forum.reserve.org/t/rfc-collateral-basket-change-adding-apxeth-to-the-staked-degen-eth-sdgneth-yield-basket/868 "2024-07-30T16:09:02Z")
Summary This proposal looks to diversify the Degen ETH (dgnETH) collateral basket by adding apxETH to the underlying yield strategy. At 9% APR adding apxETH will increase the staked Degen ETH (sdgnETH) base APY. Abstrac… --- ## [\[RFC\] Introducing dgnETH](https://forum.reserve.org/t/rfc-introducing-dgneth/727)
**Author:** [@0xSleepy](https://forum.reserve.org/u/0xSleepy)\ **Replies:** 7\ **Last updated:** [June 17, 2024, 12:12am UTC](https://forum.reserve.org/t/rfc-introducing-dgneth/727 "2024-06-17T00:12:45Z")
Introduction Introducing Degen ETH (dgnETH), a high-yield Ethereum Index Product crafted to outperform the Liquid Staking Token (LST) market. As dgnETH TVL scales, new strategies are added to the index to increase the yi…