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earnUSDnr Launches as the Primary Stablecoin Yield Strategy on Fluent Mainnet

Curated by SharpByte Capital, the vault goes live on day one of Fluent's Mainnet with lending optimization and a roadmap into RWA looping.

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Written by Ethan Luc

Introducing earnUSDnr

Fluent Mainnet went live today, and the network's canonical stablecoin yield product is a non-custodial vault. earnUSDnr, curated by SharpByte Capital and built on Upshift's vault infrastructure, is the primary USDnr yield strategy on the chain. It migrated from the Fluent pre-deposit vault this morning, so early participants roll directly into the live production vault.

How the vault works

USDnr depositors receive earnUSDnr, a receipt token representing their share of the vault. SharpByte Capital manages allocation with discretion, within an onchain policy engine that restricts which protocols, chains, tokens, and functions the vault can interact with. Capital remains non-custodial for the entire lifecycle of the deposit. Depositors can verify every position in real time.

The initial allocation is lending optimization across Fluent-native markets. As the ecosystem matures, the strategy expands into RWA looping and additional diversified yield sources. Depositors don't need to reposition when new strategies come online. The vault is the single allocation slot.

Why a vault is the right shape for chain-native yield

Every new chain faces the same early-days problem. Yield opportunities are fragmented, capital is thin, and users don't want to route around 6 different protocols to put stablecoins to work. A curated vault collapses that into one deposit.

Upshift's architecture is built for this case. The vault contract is deployed once on Fluent, and SharpByte Capital can rebalance into lending markets today, RWA strategies next quarter, and whatever new primitives launch as the chain grows, all without the depositor needing to act.

About SharpByte Capital

SharpByte Capital curates strategy design and allocation for earnUSDnr. The firm brings systematic, risk-aware portfolio construction to the vault.

About Fluent

Fluent is a chain for reputation-based applications. Built as an Ethereum L2, it introduces blended execution, combining EVM, SVM and Wasm into a single environment so developers can use the best tools without tradeoffs. On top of that, Fluent introduces Prints - your social footprint, aggregating your identity, history and reputation into a primitive apps can actually integrate.

Get started

Deposit USDnr in the earnUSDnr vault:

Contract address: 0xeaB765200189909c806FD6e20eBb4E57D6703C82

Upshift builds non-custodial vault infrastructure enabling curators, asset managers, and chains to launch financial products across 30+ chains. Upshift has attracted $550M+ peak TVL, working with partners such as Ethena, Avalanche and Monad. Backed by Dragonfly.

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