Evolving with Omnichain Perps

Powered by Orderly Network, Sable Finance's Omnichain Perp Dex will revolutionize stablecoins in which we view them entirely.

Read this for the logic behind integrating Orderly Network into Sable Finance.

Sable → Next Way ForwardMedium

Orderly Network is Sable's chosen parter for this mechanism and design.

Decentralized Stablecoins need to solve the following:

1. The need for liquidity → You need a way for people to swap with low slippage, or they don’t trust it.

2. The need to sustain liquidity → How long can this deep liquidity last, and how do we add it?

3. The need to have a proper peg → The public’s trust in it

4. A proper revenue-generating business → Is this even a sustainable business?

5. Use cases → What can we do with this stablecoin besides staking and earning yield?

Sable Finance's Solution

• For permanent liquidity, part of the revenue will be deposited into the liquidity pools forever; this solves 1).

• As the business will generate revenue and is injected into the pool as forever POL, the liquidity sustainability 2) is solved.

• The revenue will be used to balance the peg, partly solving 3)

• The revenue will also be used to buy back $SABLE, Sable Finance’s Stability Pool, Wombat Exchange bribes, and further incentivize with our aggregators such as Magpie, Wombex, and Quoll.

• Revenue generation is vital for sustainability and also partly solves 3) and 4)

• 5) can be solved when the above is done