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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)?​

Multi-Factor Staking (MFS) is a first-of-its-kind staking model within the STBL ecosystem that rewards participants not just for staking, but for contributing to the overall health and stability of the protocol.

Phase 1 Overview

  • Lock $STBL to earn STBL rewards over short, fixed durations of 3, 7, or 14 days.
  • Boost your rewards by co-locking USST alongside your $STBL stake.
  • The combination of $STBL + USST increases your reward multiplier, reflecting both your staking commitment and support for the broader STBL–USST ecosystem.
  • This dual-asset model encourages users to stay aligned with the system’s long-term growth, creating deeper liquidity and stronger reward potential for committed participants.

MFS is designed to reward active, long-term ecosystem participants - not just passive stakers.

By combining factors such as locking $STBL and holding or staking USST, the system ensures that rewards flow to users who strengthen both stability and growth of the protocol. This approach aligns incentives across the ecosystem, promoting sustainable participation and reinforcing the value of both $STBL and USST.

🔗 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:

  1. Lock $STBL to be eligible.
  2. The protocol uses proceeds to repurchase $STBL above market price.
  3. You receive more $STBL, which can then be re-staked.
  4. 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.