Treasury
The reserve
Every asset the treasury holds, valued by oracle after haircut. Backing is not a 1:1 redemption.
RFV (backing)
ELYR supply
Excess reserves
Realized surplus
Backing per ELYR
Next rebase mint
Epoch
Target RFV
Basket
| Ticker | Balance | Oracle USD | Haircut | RFV | Weight | Bond market |
|---|---|---|---|---|---|---|
|
USDC
|
— | — | — | — | — | none |
 WHYPE
|
— | — | — | — | — | none |
WETH is a treasury reserve (seed + launch tax) with no public bond market. Launch POL (ELYR/WETH) is not shown here.