[IP] eUSD Revenue Share Programme Update 13-08-2026

@Ham: The numbers add up and as long as the Revenue Share Programme stands and the conditions do not fundamentally change, I’ll naturally vote in favor! However:

@R72 We have discussed the problem of overcollateralization (or the potential lack of it) here and my personal believe is that OC is either considered as being part of the product (as in: you pay for the extra layer of insurance) and therefore justifies a minimum stRSR share or it isn’t and then we might as well just cancel it. But the discussion might indeed be a bit “too early” in the sense that eUSD’s market cap is still rather small and Ugly Cash is (probably rightfully so) more worried about growing the business than the overcollateralization of eUSD. As long as the MC stays rather small, I am inclined to accept the tradeoff. But if it starts growing significantly, then I agree, we will likely need to revise the Revenue Share Programme and set some stRSR share limit.

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