R1S is a yield-bearing stablecoin issued by R1chfund DAO, backed by USDC, DAI, and USDT. Governed by R1D holders, it aims to provide long-term on-chain stability and passive income.
Stablecoin
R1S serves as the stable foundation of the R1chfund DAO ecosystem, enabling various financial activities with built-in yield generation.
Maintains a stable value of approximately $1
Powers the R1chfund DAO ecosystem
Participate in stablecoin governance
R1S is a yield-bearing stablecoin issued by R1chfund DAO, designed to maintain a stable value of $1 while generating passive income for holders.
Unlike traditional stablecoins, R1S automatically accrues yield for holders without requiring any staking or locking. Simply holding R1S in your wallet earns you a share of the protocol revenue.
R1S is fully backed by a basket of established stablecoins including USDC, DAI, and USDT, ensuring stability and minimizing risk.
Earn yield automatically just by holding R1S
Maintains a stable $1 value through robust backing
Participate in stablecoin governance decisions
Seamlessly works across the R1chfund DAO ecosystem
Join thousands of users already benefiting from the stability and yield of R1S