# PEBL

**URL:** https://forum.reserve.org/c/more-tokens/pebl/59.md

[Latest](https://forum.reserve.org/latest.md) · [Categories](https://forum.reserve.org/categories.md)

---

## [About the PEBL category](https://forum.reserve.org/t/about-the-pebl-category/819)

<div class="topic-metadata">

**Author:** [@omega](https://forum.reserve.org/u/omega)\
**Replies:** 0\
**Last updated:** [July 10, 2024, 8:20pm UTC](https://forum.reserve.org/t/about-the-pebl-category/819 "2024-07-10T20:20:06Z")

</div>

Discussion of Requests For Comments (RFC) and Improvement Proposals (IP) for PEBL.

---

## [\[IP\] Changing the Backing of PEBL from AAVE USDC to Savings Dai](https://forum.reserve.org/t/ip-changing-the-backing-of-pebl-from-aave-usdc-to-savings-dai/828)

<div class="topic-metadata">

**Author:** [@zkOps](https://forum.reserve.org/u/zkOps)\
**Replies:** 0\
**Last updated:** [July 31, 2024, 10:00pm UTC](https://forum.reserve.org/t/ip-changing-the-backing-of-pebl-from-aave-usdc-to-savings-dai/828 "2024-07-31T22:00:00Z")

</div>

Summary: This proposed change aims to switch the backing of the PEBL RToken from AAVE USDC to Savings Dai (sDai). By making this change, we intend to use a more decentralized finance (DeFi) native stablecoin that also p…

---

## [\[RFC\] Introducing PEBL](https://forum.reserve.org/t/rfc-introducing-pebl/800)

<div class="topic-metadata">

**Author:** [@zkOps](https://forum.reserve.org/u/zkOps)\
**Replies:** 8\
**Last updated:** [July 2, 2024, 7:47pm UTC](https://forum.reserve.org/t/rfc-introducing-pebl/800 "2024-07-02T19:47:56Z")

</div>

Introduction: PEBL is a yield-bearing flatcoin operating like a crypto ETF, built on DeFi markets via the Reserve protocol. It leverages ETH, WBTC, and USDC to capture growth of the crypto market but also reduce volatili…
