Reserves and liabilities

Published fields

Fuel Earn publishes FUEL and stFUEL principal liabilities, surplus deployed to strategies, promised USDC, USDC reserves, withdrawable surplus, and indexing metadata.

What coverage means

USDC coverage compares the current reserve to outstanding promised USDC. A high ratio does not prove the absence of smart-contract, oracle, or operational risk. The Vault prevents principal and promised USDC from being deployed or withdrawn; strategies can receive only penalties and other surplus.

Claims

Maturity claims require both the original collateral asset and promised USDC. The transaction reverts atomically if either transfer cannot complete. Early exits forfeit USDC and return collateral less the fixed penalty after unbonding.

Current testnet reserve

The referenced Vault was funded with exactly 1,000,000 tUSDC (1_000_000_000_000 raw units). tUSDC is valueless. Current identifiers and verification details are listed in Contracts and assets.