You’re holding sUSDfr. A borrower defaults. What happens next?
The loss doesn’t immediately fall on your principal.
FRV’s loss waterfall is designed so curator first-loss capital absorbs losses first. If that layer is exhausted, the sGROVE backstop comes next.
sUSDfr depositor principal is only exposed after both layers have been exhausted.
The protection is structural, not a guarantee against loss.
That’s what sits between a borrower default and depositor principal.
forestroadvault.com/how-it-works
heard the alfa this will end anytime soon
free mint + airdrop access
if you and your friends havent minted yet, this is the very last reminder
voice.cc/mint
I warned you all
Already holding $USDfr?
You can stake it to receive sUSDfr and move into the yield-bearing side of Forest Road Vault.
USDfr is the on-chain dollar.
sUSDfr is the vault share that reflects the performance of the underlying credit book.
USDfr → Stake → sUSDfr
Simple product flow. Different role for each asset.
Start here: forestroadvault.com/app
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heard the alfa this will end anytime soon
free mint + airdrop access
if you and your friends havent minted yet, this is the very last reminder
voice.cc/mint
I warned you all
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Forest Road Vault has raised $1M in seed funding.
This marks the first close of our funding journey as we build the infrastructure to bring real-world credit on-chain.
Forest Road Vault is built on years of experience originating, underwriting, and servicing real-world credit now being brought into an on-chain financial ecosystem.
This is only the beginning.
Additional funding rounds are currently ongoing as we continue bringing together strategic investors and partners aligned with our vision for the future of on-chain credit.
To everyone who has supported Forest Road Vault from the beginning, thank you.
We’re building the vault.
And we’re just getting started.
A New Look for Forest Road Vault
We’re making a visual change to Forest Road Vault.
As Forest Road Vault continues to bring Forest Road’s real-world credit business on-chain, we want our visual identity to more closely reflect the company and experience behind the Vault.
This means aligning more closely with Forest Road’s established brand identity, including its logo and visual language.
This is a brand alignment, not a change to what we’re building.
The vision remains the same:
→ Bringing real-world credit on-chain
→ Building on Forest Road’s experience in specialty finance
→ Creating greater transparency around real-world credit
→ Building a credible financial system for the on-chain world
We know many of you have become familiar with the current Vault identity, especially through our recent campaigns, and we genuinely appreciate everyone who has supported it.
You’ll begin seeing the new visual identity across our channels and materials as we make the transition.
What isn’t changing is what matters most.
The team.
The vision.
The product.
The mission.
Same foundation. Same direction. A stronger connection to Forest Road.
More to come.
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