Stabilize Protocol (Defi 2.0)
Stabilize is a decentralized borrowing protocol that allows you to draw interest-free loans against Crypto-Assets( basic asset & ibTKNs) used as collaterals.
Loans are paid out in U.TOKEN (a USD pegged stablecoin) and need to maintain a minimum collateral ratio of 110%.
In addition to the collaterals, the loans are secured by a Stability Pool containing Stabecoins and by fellow borrowers collectively acting as guarantors of last resort.
Stabilize takes advantage of Liquity’s and Polyquity's unique economic incentives to create a robust and scalable stablecoin.
Stabilize will be launched on the Avalanche network first.
Introduction - Stabilize Protocol
Introduction to Stabilize Protocol - Stabilize - Medium
October 18, 2021
New Collateral -- DAI.e - Stabilize - Medium
November 9, 2021
Stabilize - Medium
Stabilize DAO -- veSET launched - Stabilize - Medium
November 21, 2021
- CryptocurrencyA cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies.
- Blockchain and cryptocurrencyTopics related to blockchain and cryptocurrency.
- BlockchainA blockchain is an append-only digital ledger storing a set of time-ordered transactions grouped in blocks that are linked together using cryptographic hashes.
- Avalanche (consensus protocol)Avalanche is a Brooklyn-based smart contracts platform in the blockchain industry.