Stabilize SET
1. Summary
- Description
-
Stabilize is a decentralized borrowing protocol that utilizes basic assets and ibTKNs as collaterals to facilitate interest-free loans. The protocol pays out loans in U.TOKEN, a USD pegged stablecoin, which requires a minimum collateral ratio of 110%. Stabilize incorporates a Stability Pool, consisting of Stabecoins, and fellow borrowers acting as...
Stabilize is a decentralized borrowing protocol that utilizes basic assets and ibTKNs as collaterals to facilitate interest-free loans. The protocol pays out loans in U.TOKEN, a USD pegged stablecoin, which requires a minimum collateral ratio of 110%. Stabilize incorporates a Stability Pool, consisting of Stabecoins, and fellow borrowers acting as guarantors of last resort to secure the loans. Key features include support for multiple collateral assets, functioning across multiple chains, and efficient capital utilization through zero-interest, zero-fee minting of U.TOKEN by staking collateral assets. Token holders can earn various fees, and the platform aims to develop a robust and scalable stablecoin mechanism.
Key Components:
Collateral and Loans
- Interest-free loans against basic assets and ibTKNs
- Loans are paid out in U.TOKEN, a USD pegged stablecoin
- Minimum collateral ratio of 110%
- Stability Pool and collective borrower guarantee
Economic Incentives
- Efficient capital utilization through zero-interest minting of U.TOKEN
- Token holders earn various fees
- Support for multiple collateral assets and chains
- Robust and scalable stablecoin mechanism
Overview
Stabilize is a decentralized borrowing protocol designed to provide innovative solutions for lending and stablecoins in the DeFi space.
| Price | |
| 52W High price | $0.007114993900 |
| 52W High date | 11th Mar 2022 (2 years ago) |
| All Time High (ATH) Date | 3rd Jan 2025 (1 month ago) |
| All Time Low (ATL) Date | 3rd Jan 2025 (1 month ago) |
| Supply & Trading Volume | |
| Trading Volume (24h) | $884.00 |
How does Stabilize SET's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
51,626.9%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | 129 |
| Active Discord Users | 6 |
| Telegram Users | 218 |
| Twitter followers | 654 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://app.stabilize.fi |
|---|---|
| Explorer | https://cchain.explorer.avax.network/token/0x37d87... |
| @stabilize_fi |
What is the correct contract address for Stabilize SET?
| Avalanche | 0x37d87e316cb4e35163881fdb6c6bc0cdba91dc0a |
|---|
Has Stabilize SET been audited for security?
No security audits found for this project.
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