$0.01259522
- Market Cap$203,621.733
- 24 Hour Trading Vol$12,247.145
- Fully Diluted Valuation$1,259,522.039
- Circulating Supply16,007,327
- Total Supply100,000,000
- Max Supply100,000,000
- Sable Finance Price$0.01259522
- Trading Volume$12,247.145
- Market Cap$203,621.733
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Sable Finance is decentralized stablecoin, USDS, which accepts LSD as collateral on the BNB chain and Arbitrum.
Sable allows users to mint USDS, a decentralized stablecoin fully collateralized by Ethereum LSD at a minimum collateral ratio of 110%. Protocol is the embodiment of capital efficiency where liquidity is optimally utilized amongst collateral, redemption, liquidation and staking pools.
The Beta launch of Sable (July 2023) focuses on building a portal where BNB collateral is utilized for minting USDS, the community-driven currency.
Sable V2 (Q4 2023) will engineer a product fusing LSD and stablecoin, USDS signifies commitment to a gas-efficient, retail-friendly, and user-centric approach, ultimately fueling the Ethereum LSD liquidity flywheel on BNB Chain. As a multi-chain decentralized stablecoin on Arbitrum and BNB Chain, USDS will be complemented with SABLE emissions, decided through governance voting. With the use of yield-bearing LP assets for liquidation and shared protocol revenue, capital efficiency is maximized.
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