Company
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SABLE
Price
$ 0.004527
Total Raised
Sable Finance is decentralized stablecoin, USDS, which accepts LSD as collateral on the BNB chain and Arbitrum. Read More
Sable Finance is decentralized stablecoin, USDS, which accepts LSD as collateral on the BNB chain and Arbitrum.Sable allows users to mint USDS, a decentralized stablecoin fully collateralized by Ethereum LSD at a minimum collateral ratio of 110%. Protocol is the embodiment of capital efficiency where liquidity is optimally utilized amongst collateral, redemption, liquidation and staking pools.The Beta launch of Sable (July 2023) focuses on building a portal where BNB collateral is utilized for minting USDS, the community-driven currency.Sable V2 (Q4 2023) will engineer a product fusing LSD and stablecoin, USDS signifies commitment to a gas-efficient, retail-friendly, and user-centric approach, ultimately fueling the Ethereum LSD liquidity flywheel on BNB Chain. As a multi-chain decentralized stablecoin on Arbitrum and BNB Chain, USDS will be complemented with SABLE emissions, decided through governance voting. With the use of yield-bearing LP assets for liquidation and shared protocol revenue, capital efficiency is maximized.