MoonGemsHunter
90 posts

MoonGemsHunter
@gems_moon
Micro gems hunter. Crypto investor since 2016



.@stbl_official is not an algorithmic stablecoin protocol. USST is over-collateralised by cash and cash-equivalent RWAs (e.g., $BENJI, $BUIDL). Beyond over-collateralisation, peg stability is reinforced by an incentive mechanism that mirrors interest-rate dynamics in traditional money and debt markets - incentivising both minting and burning automatically onchain depending in divergence from the peg. Result: full backing for all USST in circulation and strong convergence to the peg, even in volatile or distressed markets. To top things off, the minters keep all the yield through the YLD NFT, and any minting fees are used for governance token, $STBL buybacks. Stablecoin 2.0 Read the full framework: stbl.com/wp-content/upl… This is a factual post and not investment advice.

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