The first Usual Vault is here. USD0++ holders can now gain exposure to stUSR through the ustUSR++ Vault, while continuing to earn USUAL rewards. Designed for capital efficiency, this vault leverages Lagoon’s infrastructure to help users stack yield opportunities while maintaining exposure to high-performing assets.

Alongside this, a new Vaults page is now live on the dApp, making it easier to track all active vaults and get a sneak peek at upcoming ones.

Why use Vaults?

• Earn multiple yields – Unlock layered yield strategies while staying exposed to top assets.

• Better capital efficiency – Deploy capital more effectively without losing access to liquidity.

• Seamless access – No need to actively manage positions—just deposit and let the vaults work for you.

More vaults are on the way, and this is just the beginning.

Improved

• dApp Success Module TVL – Now includes USUALx and Lagoon vault shares instead of just USD0.

• Protocol Treasury – Added future fees from the Lagoon vault.

• Tech Debt – Various backend improvements for better stability and performance.

Added

• Treasury Fix – Resolved an issue where Euler dUSD0 was double-counted in the yield treasury.