Frequently Asked Questions
Here are clear answers to common user questions about STBL:
Q: What is STBL?
STBL is a next-generation stablecoin protocol (Stablecoin 2.0) that separates principal, yield, and governance into three tokens:
- USST: USD-pegged stablecoin backed by tokenized RWAs.
- YLD: NFT representing the right to claim yield from those RWAs.
- $STBL: Governance and value-accrual token that aligns the protocol with its community.
This design makes stablecoins more transparent, sustainable, and community-owned.
Q: What tokens exist in the STBL ecosystem?
- USST — Stablecoin backed by tokenized RWAs; fully liquid and pegged to USD.
- YLD — NFT that accrues yield from the collateral backing USST.
- $STBL — Governance & value-capture token; governs collateral, upgrades, treasury, and rewards.
Q: How do I mint USST?
You can mint directly through the STBL dApp. When you deposit eligible RWA tokens, the protocol mints:
- USST — your dollar-pegged stablecoin.
- YLD — your yield claim NFT.
Q: What collateral can I use to mint USST?
Currently supported collateral includes tokenized money market RWAs:
- USDY (Ondo, general-access)
- OUSG (Ondo, qualified-access)
- BUIDL (BlackRock via Backed)
Collateral is held fully on-chain and monitored by the protocol’s risk and haircut models to ensure safety.
Q: Where can I use USST?
USST is designed for payments, trading, DeFi strategies, cross-chain bridging, and treasury management. It will be integrated with partner protocols and listed on select centralized and decentralized exchanges.
Q: What is YLD?
YLD is a non-fungible token (NFT) issued when you mint USST. It represents the right to the yield generated by your collateral.
- Yield accrues automatically over time.
- YLD can be held to receive scheduled distributions.
- USST remains liquid for use while YLD captures the yield.
Q: What role does $STBL play?
$STBL is the governance and value-accrual token.
- Holders participate in protocol governance.
- Value flows back via mechanisms such as Multi Factor Staking (MFS), community rewards, and Premium Buybacks (PB).
- Over time, 100% of USST minting fees will be routed to buybacks with full on-chain transparency.
Q: What is Multi Factor Staking (MFS)?
MFS is a first-of-its-kind staking model that rewards participants for contributing to the overall health of the ecosystem.
- Lock $STBL to earn rewards.
- Boost rewards by co-locking USST alongside $STBL.
- USST minters continue earning yield through YLD, while $STBL holders earn boosted rewards.
🔗 Multi Factor Staking Framework
Q: What are Premium Buybacks (PB)?
PB are designed to strengthen governance and create a deflationary flywheel for $STBL.
How it works:
- Lock $STBL to be eligible.
- The protocol uses proceeds to repurchase $STBL above market price.
- You receive more $STBL, which can then be re-staked.
- This reduces circulating supply while compounding value for long-term participants.
Why it matters:
- Rewards long-term governance participants.
- Strengthens community alignment.
- Accelerates protocol-based buybacks.
Q: How secure is STBL?
STBL is fully on-chain and transparent.
- Audits: Contracts audited by Cyfrin
- Open-source: Code and contracts are public and verifiable.
- Non-custodial: Users always control their own assets.
Q: Can I redeem my tokens anytime?
Yes. You can mint or redeem USST and YLD at any time via the dApp.
Q: Which wallets are supported?
STBL supports all major Web3 wallets including MetaMask, Coinbase Wallet, Phantom, and WalletConnect-compatible wallets.
In short: Mint USST for stability, hold YLD for yield, and use $STBL to govern and share in the protocol’s growth.