โš–๏ธ ๐’๐ญ๐š๐›๐ฅ๐ณ โš–๏ธ $Stablz

โ–ช๏ธ ๐–๐ก๐ฒ ๐Ÿ๐จ๐ซ ๐จ๐ง๐œ๐ž ๐ญ๐ก๐ž "๐’๐ฎ๐ฌ๐ญ๐š๐ข๐ง๐š๐›๐ฅ๐ž" ๐š๐ง๐ "๐˜๐ข๐ž๐ฅ๐" ๐ก๐ฒ๐ฉ๐ž ๐ฆ๐š๐ฒ ๐›๐ž ๐ซ๐ž๐š๐ฅ.

๐Ÿ”ฅ ๐˜ˆ ๐˜ง๐˜ถ๐˜ญ๐˜ญ ๐˜ต๐˜ข๐˜ฌ๐˜ฆ ๐˜ฐ๐˜ฏ ๐˜ธ๐˜ฉ๐˜ฆ๐˜ต๐˜ฉ๐˜ฆ๐˜ณ ๐˜ฐ๐˜ณ ๐˜ฏ๐˜ฐ๐˜ต ๐˜š๐˜ต๐˜ข๐˜ฃ๐˜ญ๐˜ป ๐˜ค๐˜ข๐˜ฏ ๐˜ญ๐˜ช๐˜ท๐˜ฆ ๐˜ถ๐˜ฑ ๐˜ต๐˜ฐ ๐˜ถ๐˜ด๐˜ฆ๐˜ณ ๐˜ฆ๐˜น๐˜ฑ๐˜ฆ๐˜ค๐˜ต๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ๐˜ด.
๐“๐ก๐ž ๐ก๐ฒ๐ฉ๐ž ๐Ÿ๐š๐œ๐ญ๐จ๐ซ๐Ÿชฉ

โ–ช๏ธ Initially I wasn't going to discuss Stablz due to the mass shilling. I assumed it was another repackaged idea without originality. However, there are several aspects of this yield protocol that function better and with less risk than most others
๐˜๐ข๐ž๐ฅ๐๐Ÿ’ฑ

โ–ช๏ธ Lets start with what yield is:

โ–ช๏ธ Yield farming provides incentives in the form of tokens to users for providing liquidity to pools of protocols

โ–ช๏ธ Staking focuses on users locking their tokens for a certain period and getting native tokens or stables in return
๐˜๐ข๐ž๐ฅ๐ 2โƒฃ

โ–ช๏ธ Real Yield involves generating profits from other projects and converting them to stables to share with holders

โ–ช๏ธ I was going to categorize the type of yield projects and compare their variables to $Stablz but there are too many to categorize (hint builders).
๐–๐ก๐š๐ญ ๐ข๐ฌ ๐’๐ญ๐š๐›๐ฅ๐ณ?

โ–ช๏ธ Its a yield protocol built on top of successful farming projects where holders can make deposits into selective and high earning LP pools to earn Real Yield

โ–ช๏ธ Holders can also stake $Stablz to earn $Stablz and $OS, then stake $OS to earn $USDT
๐–๐ก๐ฒ ๐ข๐ฌ ๐ญ๐ก๐ข๐ฌ ๐š๐๐ฏ๐š๐ง๐ญ๐š๐ ๐ž๐จ๐ฎ๐ฌ?

โ–ช๏ธ Its incredibly advantageous because it makes $Stablz highly flexible, and able to pivot and maneuver to market conditions, trends, & narratives

โ–ช๏ธ Think about how good that is in CRYPTO...where volatility & uncertainty are king
๐–๐ก๐ฒ ๐ข๐ฌ ๐ญ๐ก๐ข๐ฌ ๐š๐๐ฏ๐š๐ง๐ญ๐š๐ ๐ž๐จ๐ฎ๐ฌ 2โƒฃ

โ–ช๏ธ The underlying assets are not permanently fixed!

โ–ช๏ธ If Stablz doesn't like the way a project looks- It can remove itself

โ–ช๏ธ If Stablz sees a trend or wants to build on a great new protocol- it gets done

โ–ช๏ธ So on and so forth
๐–๐š๐ฒ๐ฌ ๐ญ๐จ ๐ž๐š๐ซ๐ง ๐Ÿ’น

๐๐จ๐จ๐ฅ๐ฌ: There are currently 5 pools implemented on Stablz with variable rates depending on the pool you choose to deposit into.
๐’๐ญ๐š๐ค๐ข๐ง๐ ๐Ÿ”’

โ–ช๏ธThere is a two part method for staking to earn $USDT for users:

โ–ช๏ธ Users may stake $Stablz to earn $Stablz and $OS at a 1:1 ratio

โ–ช๏ธThen they may stake their earned $OS for $USDT rewards at the current rate of 55.44% vAPR

โ–ช๏ธ Liquidity mining is coming soon
๐–๐ก๐š๐ญ ๐ข๐ฌ $๐Ž๐’

โ–ช๏ธ $OS is a non tradeable token that cannot be traded or used for anything other than staking for $USDT.

โ–ช๏ธ The purpose of $OS is to eliminate emissions, chart sell pressure, and to be used as a medium to reward $USDT to staking users.
๐–๐ก๐ฒ ๐ข๐ฌ ๐š ๐ฏ๐š๐ซ๐ข๐š๐›๐ฅ๐ž ๐€๐๐‘ ๐›๐ž๐ญ๐ญ๐ž๐ซ?

โ–ช๏ธ Variable APY exists on this protocol for several reasons but ultimately is there to reward the user the maximum amount of earned APR at any given time, to protect the protocol from volatility, & keep the project sustainable
๐ฏ๐€๐๐‘ ๐ฉ๐ซ๐จ๐ญ๐ž๐œ๐ญ๐ฌ ๐ฉ๐ซ๐จ๐ฃ๐ž๐œ๐ญ๐ฌ ๐Ÿ๐ซ๐จ๐ฆ ๐ŸฅŠ

โ–ช๏ธ Underlying asset fluctuations in yield

โ–ช๏ธ Market fluctuations in prices

โ–ช๏ธ Unrealistically high user rewards

โ–ช๏ธ Investors need sustainable & compounding gains over time, not a Lambo calculator that implodes in 30 days
๐“๐ก๐ž ๐œ๐จ๐ง๐œ๐ž๐ซ๐ง๐ฌ ๐š๐›๐จ๐ฎ๐ญ ๐ฒ๐ข๐ž๐ฅ๐ ๐ฉ๐ซ๐จ๐ญ๐จ๐œ๐จ๐ฅ๐ฌ ๐Ÿ“‹

โ–ช๏ธ Emissions-Can dilute a projects value due to the sell pressure of over minted native tokens

โ–ช๏ธ Sustainability-Can the project produce good yield continuously with/without emissions or pool rewards drying up
๐‚๐จ๐ง๐œ๐ž๐ซ๐ง๐ฌ 2โƒฃ

โ–ช๏ธ Source of yield-Where the yield comes from is incredibly important as certain protocols & farms may be heavily flawed and unsustainable themselves

โ–ช๏ธ Impermanent loss-If an asset is too volatile after your deposit your USD value may decrease
๐ƒ๐จ ๐ญ๐ก๐ž๐ฌ๐ž ๐œ๐จ๐ง๐œ๐ž๐ซ๐ง๐ฌ ๐š๐ฉ๐ฉ๐ฅ๐ฒ ๐ญ๐จ ๐’๐ญ๐š๐›๐ฅ๐ณ?

โ–ช๏ธ Emissions- Lower risk-The periods locked are variable and the current amount of locked tokens is 6 million

โ–ช๏ธImpermanent loss- No
๐‚๐จ๐ง๐œ๐ž๐ซ๐ง๐ฌ ๐š๐ฉ๐ฉ๐ฅ๐ฒ ๐ญ๐จ ๐’๐ญ๐š๐›๐ฅ๐ณ? 2โƒฃ

โ–ช๏ธ Sustainability- Lower risk as Stablz is free to attach itself to the best and safest protocols on demand. The Risk increases if markets fall and liquidity leaves the space.
๐‚๐จ๐ง๐œ๐ž๐ซ๐ง๐ฌ ๐š๐ฉ๐ฉ๐ฅ๐ฒ ๐ญ๐จ ๐’๐ญ๐š๐›๐ฅ๐ณ? 3โƒฃ

โ–ช๏ธ Source of Yield- Low risk so far-The farms they decide to build on will ultimately decide the fate of the project. I'm told there's a rigorous selection process where projects must meet certain criteria before adopted.
๐–๐ก๐š๐ญ ๐Ÿ๐š๐ซ๐ฆ๐ฌ ๐๐จ๐ž๐ฌ ๐’๐ญ๐š๐›๐ฅ๐ณ ๐ฎ๐ฌ๐ž ๐Ÿ‘จโ€๐ŸŒพ

โ–ช๏ธ Curve-released in 2020 and since has been one of the leading low risk and high yield stable coin aggregators ever

โ–ช๏ธ Stablz auto swaps Curve emissions to 3CRV. The LP is made up of USDT USDC DAI

โ–ช๏ธ A+ selection for Stablz
๐–๐ก๐š๐ญ ๐Ÿ๐š๐ซ๐ฆ๐ฌ ๐๐จ๐ž๐ฌ ๐’๐ญ๐š๐›๐ฅ๐ณ ๐ฎ๐ฌ๐ž 2โƒฃ

โ–ช๏ธ Overtime more and more sustainable farms will be used by $Stablz but currently only CRV is used.

โ–ช๏ธ 3CRV is currently paired in pool with $MIM, $FRAX, and $PWRD
๐ƒ๐จ๐ž๐ฌ ๐’๐ญ๐š๐›๐ฅ๐ณ ๐ก๐š๐ฏ๐ž ๐Ÿ๐š๐ข๐ฅ๐ฌ๐š๐Ÿ๐ž'๐ฌ ๐ข๐ง ๐ฉ๐ฅ๐š๐œ๐ž ๐ญ๐จ ๐ฉ๐ซ๐จ๐ญ๐ž๐œ๐ญ ๐ฎ๐ฌ๐ž ๐Ÿ๐ฎ๐ง๐๐ฌ? ๐Ÿ”

โ–ช๏ธYes, Stablz uses smart contracts to help with depeg protection, emergency withdraws, and the periodic auto-claim features for rewards.
๐„๐ฆ๐ž๐ซ๐ ๐ž๐ง๐œ๐ฒ ๐„๐ฃ๐ž๐œ๐ญ โœˆ๏ธ

โ–ช๏ธTo make the emergency withdrawal feature clear, if Stablz sees a security risk in a project they have an emergency shut down. This pulls out all user funds and stores them in 3CRV for users to withdraw from the contracts
๐๐š๐ซ๐ญ๐ง๐ž๐ซ๐ฌ๐ก๐ข๐ฉ๐ฌ ๐Ÿค

โ–ช๏ธ Thus far its not a question of who $Stablz has partnered with its more who haven't they partnered with

โ–ช๏ธ Thus far its been popular projects like #X7Finance $YDF, $ARC, $MFC, and more. See their twitter for more on partners.
๐๐ฅ๐š๐ญ๐Ÿ๐จ๐ซ๐ฆ ๐…๐ž๐ž๐ฌ ๐Ÿ’ธ
๐‚๐จ๐ง๐œ๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง๐Ÿ“–

โœ๏ธThis may very well be the new standard of yield. Highly innovative projects like this are used to build further upon and into new revolutionary tech, or to catalyze new ideas. I think Stablz has the potential to develop into a vast farming ecosystem.
๐‘๐ž๐Ÿ๐ž๐ซ๐ž๐ง๐œ๐ž๐ฌ ๐Ÿ“œ

stablz.one

stablz.gitbook.io/stablz-documenโ€ฆ

stablz.one/dApp/overview

twitter.com/Stablzone
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