On Friday March 10, 2023, Circle's stablecoin USDC depegged on news that it had a portion of its reserves deposited in the failed Silicon Valley Bank. Reserve's first RToken, eUSD, which was backed partially by USDC thus experienced its first collateral default. This POAP commemorates the noble RSR stakers whose valiant efforts helped re-collateralize eUSD in defence of its peg.

You have been with the bircle.io team at DEVCON Bogota 🇨🇴 ! Contact us: Discord: https://discord.com/invite/efNuM4pUue Twitter: https://twitter.com/bircle_ Instagram: https://www.instagram.com/bircle.io/ Website: https://bircle.io/

This POAP proves you have attended Devcon VI, Bogotá, October 11-14, 2022.