👩🏫About Sable Finance
Sable Finance is pioneering the first-ever decentralized stablecoin, USDS, which accepts LSD as collateral on the BNB chain and Base.
Last updated
Sable Finance is pioneering the first-ever decentralized stablecoin, USDS, which accepts LSD as collateral on the BNB chain and Base.
Last updated
Please read here for a massive update and changes to the Sable Finance mechanism and design moving forward https://medium.com/@sable_finance/sable-next-way-forward-0df5956e993f
The crackdown on $BUSD is an awakening call to the community that the entire crypto ecosystem desperately needs a permanent and immutable stablecoin. Centralized stablecoin should never be the means of our trade as it opposes everything our community believes.
We have planted the seeds of decentralization and immutability in the heart of Sable. To build the ultra-resilient stablecoin solution in the market, we remain steadfast in our commitment to amalgamating stability and liquid staking derivatives (LSDs) on any EVM-compatible chain.
Sable Finance is a decentralized stablecoin protocol backed by liquid staking derivatives (LSD) with unparalleled autonomy and immutability. As the embodiment of stability and resilience, Sablecoin (USDS) emerges as the premier stablecoin, offering freedom from interest rates, censorship, and custodianship and ensuring financial security.
Sable Beta focuses on building a portal on the BNB Chain where BNB collateral is utilized for USDS minting, the community-driven currency.
Sable V2 will be the mainnet launch of the pioneering architecture built for ETH LSD deposit that lends out USDS. Engineering a product fit for the fusion of ETH LSD and stablecoin, Sable's deployment on the BNB Chain and Base signifies our commitment to a gas-efficient, retail-friendly, and user-centric approach, ultimately fueling the ETH LSD liquidity flywheel.
Sablecoin will be one of the dominant stablecoins used as a medium for lending and borrowing, routing assets on AMM, and derivatives trading. We will influence EVM ecosystems by becoming the ultimate leverage of liquid staking derivatives and ultimately becoming a vortex of liquidity.