[Gauntlet] Integrate Resolve Assets - Recommendation
Gauntlet has reviewed the Resolv listing request for USR, wsUSR, and their PT equivalents onto Euler Prime and Euler Yield. At this time, we do not recommend the integration on Prime or Yield but rather suggest listing Resolv assets on Euler Frontier (rationale below):
DEX Liquidity Profile
- Total liquidity across all USR pools: ~$54 million.
- The majority resides in the DOLA/USR Curve pool (~$41.9M), which reduces confidence in readily available major blue-chip stablecoin liquidity (ex: USDC/USDT).
Prime and Yield Listing Approach
- The strategic approach for Euler Yield and Prime has shifted to limiting listings to assets that meet liquidity and adoption thresholds. This can be observed in recent posts, for example here and here.
- Given the limited blue-chip stablecoin liquidity, we recommend limiting exposure in the Prime and Yield markets.
- A Frontier‐market listing balances user access and capped systemic risk, allowing for potential migration to Prime or Yield markets once liquidity deepens and we see demonstrated onchain user demand.
Recommendation: Monitor demand for USR, wstUSR, and associated Pendle PTs on Euler’s Frontier Market.
As on-chain stablecoin liquidity matures, we can revisit USR, wstUSR, and PTs to consider listing these assets on Euler Prime and Euler Yield.