Ethos Reserve is a decentralized lending protocol that allows users to take out interest-free loans against collateral such as BTC, ETH, and LSDs. Loans on Ethos Reserve are paid in Ethos Reserve Notes, or ERN, which is a stable asset pegged to the US Dollar.ERN is a next-generation, dollar-pegged stable asset that provides efficient lending and high, sustainable returns derived from crypto volatility, DeFi interest rates, and growth of the Ethos Reserve protocol.Ethos Reserve’s innovative CDP technologies allow it to safely earn yield on deposits and route it right back to users. Coupled with a highly efficient debt-management system and a suite of powerful stability mechanisms, Ethos Reserve can provide better, more sustainable services with less risk than alternatives.