STBL releases the latest progress, the anchoring mechanism will be launched at the end of November.

robot
Abstract generation in progress

According to Mars Finance, STBL founder and CEO Avtar Sehra stated on X that its roadmap is progressing steadily. The minting feature has been launched, and the next step will be to introduce multiple staking options and a repurchase mechanism based on USST. The core anchoring system is expected to go live by the end of November, with market calibration completed in December. This system will achieve price stability through on-chain minting/burning ratios, an open redemption mechanism, and incentives for Liquidity Providers. The official stated that November to December will be a crucial phase from “construction” to “balance,” as STBL aims to create an anti-fragile, market-driven stablecoin system referred to as “Stablecoin 2.”

STBL-7.04%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)