# Proposal 14 – Add Neutrl sNUSD to USP Backing Reserve Distribution

**URL:** <https://pikudao.discourse.group/t/proposal-14-add-neutrl-snusd-to-usp-backing-reserve-distribution/40>\
**Category:** General\
**Tags:** stablecoin, defi, usp\
**Created:** [February 4, 2026, 10:51am UTC](https://pikudao.discourse.group/t/proposal-14-add-neutrl-snusd-to-usp-backing-reserve-distribution/40 "2026-02-04T10:51:07Z")\
**Posts on this page:** 1\
**Page:** 1

<div class="post-metadata">

**Author:** ![Mel](https://avatars.discourse-cdn.com/v4/letter/m/da6949/32.png) [@Mel](https://pikudao.discourse.group/u/Mel)\
**Post date:** [February 4, 2026, 10:51am UTC](https://pikudao.discourse.group/t/proposal-14-add-neutrl-snusd-to-usp-backing-reserve-distribution/40/1 "2026-02-04T10:51:07Z")

</div>

## Summary

This proposal seeks to add **Neutrl Staked NUSD (sNUSD)** to the **USP Backing Reserve**.  
The Neutrl Staked NUSD (sNUSD) will be included in both the **reserve distribution** and **maximum allowance** lists.

## Rationale

Adding **Neutrl Staked NUSD (sNUSD)** to USP backing enhances capital efficiency by introducing a **yield-bearing, market-neutral asset** into the reserve mix.

sNUSD accrues yield from **Neutrl’s institutional-grade, delta-neutral strategies** (e.g. OTC arbitrage and funding rate capture) without introducing directional market risk.

The asset remains **liquid and composable** , allowing USP to benefit from sustainable yield generation while preserving backing flexibility and overall stability.

## USP Reserve Backing – Max Allowance Additions

| Rate | Crypto | Type | Details |
| --- | --- | --- | --- |
| 10% | Staked NUSD (sNUSD) | On Chain | [https://www.neutrl.fi/](https://www.neutrl.fi/) |
| 10% | Neutrl USD (NUSD) | On Chain | [https://www.neutrl.fi/](https://www.neutrl.fi/) |

## USP Reserve Backing – Distribution Table Additions

| Rate | Crypto | Type | Details |
| --- | --- | --- | --- |
| 2.5% | Staked NUSD (sNUSD) | On Chain | [https://www.neutrl.fi/](https://www.neutrl.fi/) |

## Reserve Backing Distribution – Before

| Rate | Crypto | Type | Details |
| --- | --- | --- | --- |
| 65% | BMMF Turkey Stablecoin FX Arbitrage Strategy | On Chain | [https://www.balsafinance.com/](https://www.balsafinance.com/) |
| 10% | USD AI sUSDai | On Chain | [https://usd.ai/](https://usd.ai/) |
| 10% | Giza Arma Agent | On Chain | [https://arma.xyz/](https://arma.xyz/) |
| 5% | Aave aUSDT | On Chain | [Aave - Open Source Liquidity Protocol](https://app.aave.com/reserve-overview/?underlyingAsset=0xdac17f958d2ee523a2206206994597c13d831ec7&marketName=proto_mainnet_v3) |
| 2.5% | Yuzu Money syzUSD | On Chain | [https://yuzu.money/](https://yuzu.money/) |
| 2.5% | Cap USD stcUSD | On Chain | [https://cap.app/](https://cap.app/) |
| 2.5% | Midas mF-ONE | On Chain | [https://midas.app/mfone](https://midas.app/mfone) |
| 2.5% | Midas mAPOLLO | On Chain | [https://midas.app/mapollo](https://midas.app/mapollo) |

## Reserve Backing Distribution – After

| Rate | Crypto | Type | Details |
| --- | --- | --- | --- |
| 65% | BMMF Turkey Stablecoin FX Arbitrage Strategy | On Chain | [https://www.balsafinance.com/](https://www.balsafinance.com/) |
| 10% | USD AI sUSDai | On Chain | [https://usd.ai/](https://usd.ai/) |
| 7.5% | Giza Arma Agent | On Chain | [https://arma.xyz/](https://arma.xyz/) |
| 5% | Aave aUSDT | On Chain | [Aave - Open Source Liquidity Protocol](https://app.aave.com/reserve-overview/?underlyingAsset=0xdac17f958d2ee523a2206206994597c13d831ec7&marketName=proto_mainnet_v3) |
| 2.5% | Yuzu Money syzUSD | On Chain | [https://yuzu.money/](https://yuzu.money/) |
| 2.5% | Cap USD stcUSD | On Chain | [https://cap.app/](https://cap.app/) |
| 2.5% | Midas mF-ONE | On Chain | [https://midas.app/mfone](https://midas.app/mfone) |
| 2.5% | Midas mAPOLLO | On Chain | [https://midas.app/mapollo](https://midas.app/mapollo) |
| 2.5% | Staked NUSD (sNUSD) | On Chain | [https://www.neutrl.fi/](https://www.neutrl.fi/) |