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Reserves and liabilities

Published fields

Fuel Earn publishes FUEL and stFUEL principal liabilities, deployed collateral, promised USDC, USDC reserves, reserve coverage, and indexing metadata.

What coverage means

USDC coverage compares the current reserve to outstanding promised USDC. A high ratio does not prove collateral liquidity, strategy solvency, or future availability. On-chain balances and accounting can diverge until assets return from approved strategies.

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.

Managed custody · Testnet preview · Audit pending