Validated

STAB Protocol

DeFi • Lending

Protocol enabling borrowing of stable asset STAB

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1 of two parts of the Stabilis Ecosystem, STAB is a stablecoin with a variable peg. I am a victim of UST on LUNA so may be jaded but it is hard to see the benefits of risking a depeg which seems to be extremely possible here. The liquidity APR is -52%, yes that is a negative sign.