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Stabilize now supports seigniorage tokens ESD, DSD and BAC

The Stabilize Protocol is a decentralized finance application designed to help keep stablecoins and BTC proxy tokens prices stable by rewarding depositors with STBZ tokens and by using active strategies to balance coin demand. Users have the option to swap pools manually to achieve a higher rate of reward or deposit into the active strategies that swap tokens on their behalf.

The team actively monitors the latest developments in stablecoin advances and plans to integrate those that can help bring more value to the platform.

Currently most stablecoins in existence remain stable via their connection to an asset. This can be a real world asset such as USD with USDT and USDC, a cryptocurrency asset such as ETH with DAI or a synthetic asset with sUSD. These type of stablecoin systems have shown resilience over the years but are still vulnerable if the assets they are linked to fail or if they lose their connection to the assets. Seigniorage tokens are a new type of stablecoin that tries to remain stable around their peg without needing to be asset-backed. …

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Stabilize will start to utilize DeFi insurance to bring the ultimate security to depositors

The Stabilize Protocol is a decentralized finance application designed to help keep stablecoins and BTC proxy tokens prices stable by rewarding depositors with STBZ tokens and by using active strategies to balance coin demand. Users have the option to swap pools manually to achieve a higher rate of reward or deposit into the active strategies that swap tokens on their behalf.

As we want to bring peace of mind to depositors, we have sought ways to protect our depositors from unexpected events. We recognize that while audits are good, they can only protect depositors on the front-end by exposing smart contract vulnerabilities prior to depositing. They offer, unfortunately, insufficient protection as audits may miss critical vulnerabilities and users may be responsible themselves from recovering from a hack. There have already been cases where audited protocols have been / could have been exploited and user funds drained. Auditors are not responsible for lost funds so the cost of an oversight is merely reputational. …

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Stabilize is a stablecoin and BTC stability protocol

The Stabilize Protocol is a decentralized finance application designed to help keep stablecoins and BTC proxy tokens prices stable by rewarding depositors with STBZ tokens and by using active strategies to balance coin demand. Users have the option to swap pools manually to achieve a higher rate of reward or deposit into the active strategies that swap tokens on their behalf.

We plan to make the active trading process more streamlined and profitable by introducing executor incentives. Currently, the active pools (zs-USD and zs-BTC) trade upon wrapping and unwrapping when certain parameters are met. This leads to consistent but unorganized trading that can miss great swap opportunities. We can make this process more profitable for depositors if trades occur at the best swap times where the profit margin is highest so we have devised a method that rewards people that execute trades on behalf of depositors at the right time. …

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Stabilize introduces a novel arbitrage strategy

The Stabilize Protocol is a decentralized finance application designed to help keep stablecoins stable by rewarding depositors with STBZ tokens. Currently users must manually change pools they are in to earn the highest reward rates.

Now depositors have a new option to earn on their stables without having to manually switch pools and save gas. Stabilize is introducing a new stablecoin strategy that automatically takes advantage of price differences between the stablecoins to earn more for depositors and STBZ holders.

Introducing the zs-USD

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Stabilize will introduce new high yield strategies that use Pickle.Finance

The Stabilize Protocol will add new high interest earning pools that use active strategies to earn more yield for depositors. Our first new pool, UNI USDT/ETH LP, will incorporate Pickle.Finance so our depositors can earn interest, PICKLE and ETH all in one transaction.

The new pool will be a little different from our current pools. Currently, when depositors wrap their stablecoins, they automatically earn interest via the Aave lending protocol as a source of liquidity for borrowers. The new pool will instead provide liquidity directly into Pickle and earn its high interest (sometimes 10x that of Aave) plus its accessory token and ether. …

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Introduces new private accounts

The Stabilize Protocol is introducing a new way for stablecoin depositors to store their coins. By utilizing the Tornado protocol, users can benefit from private transactions, meaning transactions that disconnect the sender address from the receiver address. When a user withdraws from a Stabilize account, observers would be unable to determine what his/her balance would be inside the account.

This allows depositors to benefit from something they normally get in the real world, private balances. In the real world, when you give someone money, it is not possible for that person to easily determine your remaining balance and track all your transactions, future and past. Unfortunately, with most cryptocurrencies including Ethereum, this is something that can easily be done. …

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Stabilize will soon integrate premier privacy protocol Tornado.cash

The Stabilize Protocol team continues to innovate and find new ways to utilize stablecoins and help them stay on their pegs. In addition, we seek to find new opportunities that will benefit the entire cryptocurrency community.

We plan to integrate privacy protocol Tornado.cash as we believe it can help keep stablecoins fungible and give depositors the ability to keep their stablecoin balances private.

Why is this important?

This addition will make Stabilize the premier spot to park stablecoins for those who want to maintain the privacy on their deposits. …

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The Stabilize Protocol will soon integrate Aave lending pools

The Stabilize Protocol will integrate Aave lending pools to further provide benefit to stablecoin depositors on Stabilize. Depositors will earn interest from their deposits via Aave lending pools while simultaneously earning STBZ rewards for participating in our stablecoin pools.

There will also be a small withdrawal fee that decreases the longer users stay in the pool. The entire fee will go to a brand new Stabilize Protocol treasury contract whose funds can be redeemed by STBZ holders.

How it works:

The Stabilize website will add a new section to the site where users can deposit tokens directly into the Aave lending pool and receive wrapped tokens back representing their deposit. …

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Earn incentives for keeping stablecoins on their pegs

The Stabilize Protocol is a protocol that rewards depositors of stablecoins with the STBZ reward and governance token. The reward varies how close the stablecoin is to its peg. The higher the stablecoin is above its peg, the less reward it gets, the lower, the more reward it gets, thus a system is created that pushes stablecoins closer to their pegs.

The Power of the STBZ token

The STBZ token is given to depositors utilizing the Stabilize Protocol. It is a governance token that will eventually be used to power the protocol. STBZ holders will be able to create and vote on proposals that can be implemented into the protocol. This can actions such as adding or removing new pools, cutting the long term inflation rate and burning tokens. …

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Earn incentives for keeping stablecoins on their pegs

The Stabilize Protocol is an upcoming protocol that rewards depositors of stablecoins with the STBZ reward token. The reward varies how close the stablecoin is to its peg. The higher the stablecoin is above its peg, the less reward it gets, the lower, the more reward it gets, thus a system is created that pushes stablecoins closer to their pegs.

Unlike other yield farming platforms, Stabilize will benefit the entire DeFi ecosystem as a whole by bringing stability to stablecoins.

What is the problem?

Stablecoins are cryptocurrencies designed to be pegged to or float near fiat currencies. This gives traders and savers comfort knowing the value of these coins in the real world will be the same tomorrow as it is today. This is the goal of stablecoins but sometimes is not the reality. In reality, stablecoins sometimes go off their peg for an extended period of time due to fluctuations in demand and supply issues. …

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