# lyEURC

**lyEURC** is the Euro-denominated yield vault.\
It functions exactly like lyUSDC, but uses **EUROC** as base collateral and is optimized for **European treasuries, family offices, and euro liquidity markets.**

Deposit **EUROC** → receive **lyEURC** → PPS grows over time.

***

#### **Why lyEURC Exists**

Most DeFi is USD-centric.\
Euro liquidity has lacked:

* yield,
* transparency,
* on-chain accessibility,
* regulated collateral handling.

**lyEURC solves this** by enabling **euro money market exposure** directly on-chain, through a regulated structure.

***

#### **Allocation Model**

| Allocation                           | Description                                    |
| ------------------------------------ | ---------------------------------------------- |
| **80% European short-duration RWA**  | Corporate & sovereign fixed-income instruments |
| **15% DeFi Market-Making & Lending** | Low-risk base layer strategies                 |
| **5% Liquidity Buffer**              | On-chain withdrawal support                    |

Same model. Same transparency.\
Just **Euro-native**.

***

#### **Who Uses lyEURC**

| User Type                        | Motivation                                         |
| -------------------------------- | -------------------------------------------------- |
| French & EU retail               | High inflation → need capital preservation         |
| Companies / Startups             | Park treasury funds in EUR without banking lock-in |
| Wealth managers / Family offices | Yield + reporting + custody segregation            |
| Stablecoin farmers               | Diversified yield exposure                         |

***

#### **Withdrawals**

Same logic as lyUSDC — governed by liquidity buffer and RWA repayment cycles.


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