Lucent Reserve
LRSVStablecoin infrastructure
Publishes daily attested reserve composition for stablecoin issuers as an on-chain feed that lending markets can write collateral rules against.
- Seed
- Ethereum
- Review in progress
- 13 days left
Allocation snapshot · fictional demo data
Allocation target
550,000USDT
Committed
74.5%
| Committed by | USDT | Of target |
|---|---|---|
| CoinBrowse Ventures | 130,000 | 23.6% |
| Investment Pool | 280,000 | 50.9% |
| Uncommitted | 140,000 | 25.5% |
| Total committed | 410,000 | 74.5% |
| Allocation target | 550,000 | 100.0% |
Pool participants
190
Time remaining
13 days left
Diligence
Review in progress
The allocation target is what CoinBrowse is seeking to secure in this round — not the amount Lucent Reserve is raising in total.
Investment thesis
Protocols that accept stablecoins as collateral have no machine-readable way to know what backs them today. Lucent takes a signed daily feed from the issuer's custodian and auditor, publishes composition and maturity on-chain, and lets a lending market write a rule such as 'reject if bill maturity exceeds 90 days'. Three issuers publish through it and two lending markets consume it.
Principal risks
The feed is only as good as the custodian attestation behind it — Lucent verifies signatures, not the underlying assets.
Issuers can stop publishing at any time, and the ones with the weakest reserves have the least reason to start.
Revenue is a flat fee from issuers, which puts the party being measured on the paying side.
Milestones
- Daily signed composition feed live for three issuers — shipped
- Consumption hooks for lending-market collateral rules — in progress
- Auditor-side attestation replacing issuer self-reporting — targeted Q3
Due diligence
Review in progressUnder review. Findings are not final.
Eleven other fictional raises are open in this prototype.
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