Implementation

Detailing current USDr production implementation

Rocketizer Module

The Rocketizer Module, which is going to serve as the main minting module, is deployed on Sei. Tokens allowed in the backing of USDr have been carefully reviewed for their stability, robustness, sustainable yield generation and business development potential. Allowed assets and their parameters can be updated at any time by contributors.

The Rocketizer Module is deployed on Sei with these parameters:

TBA

Savings Module

The Savings USDr, which is called sUSDr, is deployed on Sei. The Savings USDr will act as a low-risk yield bearing token with real yield coming from assets generating yield in the backing of USDr. Main use cases include, but are not limited to, wallet integration for one-click USD saving accounts and acting as a collateral asset in lending protocols.

As mentioned previously, savings rates aren’t automatically updated and need to be updated by a keeper. Protocol contributors are currently keepers.

In order to prevent any potential keeper from turning malicious and uncontrollably increasing the sUSDr rate, the maximum possible rate of sUSDr has been set at 35.00%

Flashloan Module

Flashloans play an important role in Rocky, enabling USDr assets in backing to be rebalanced in the Rocketizer Module, and allowing future USDr liquidity pools to be arbitraged in order to maintain the best price between all pools.

Fees will be sent to the FeeCollector contract in order to be redistributed. Below are current parameters:

Blockchain	Fee (%)
Sei	0.00