Skip to main content

$STBL: The Governance & Value Token

$STBL is the governance and value-accrual token of the STBL ecosystem.

It aligns the protocol’s growth with its community by giving holders both decision-making power and a share in the value created by the system.

Where USST delivers stability and YLD captures yield, $STBL ensures that value flows back to the community that powers the protocol.

Key Properties​

  • Governance: $STBL holders vote on key protocol decisions such as collateral onboarding, yield parameters, treasury management, and upgrades.
  • Value Capture: A portion of protocol fees and flows are directed back to $STBL through staking rewards and buybacks.
  • Incentives: $STBL is at the center of mechanisms that reward long-term participation and align users with the protocol’s success.

How Value Flows to $STBL​

1. Multi Factor Staking (MFS)​

A first-of-its-kind staking model that rewards users not just for staking, but for contributing to protocol health.

  • Lock $STBL to earn rewards.
  • Boost rewards by co-locking USST alongside $STBL.
  • USST minters continue earning yield through YLD, while $STBL stakers earn boosted rewards.

MFS creates a flywheel of participation: the more users mint and hold, the stronger the ecosystem becomes.

2. Premium Buybacks (PB)​

An innovation that strengthens governance and creates a deflationary loop for $STBL.

  • When buybacks occur, the protocol repurchases $STBL above market price.
  • Eligible stakers receive more $STBL than they started with.
  • Over time, this reduces circulating supply and compounds value for committed participants.

As the system matures, 100% of minting fees will be routed to on-chain buybacks — fully transparent and community-aligned.

Why $STBL Matters​

  • Community Power: Decisions are not left to institutions or insiders — they are made transparently by token holders.
  • Aligned Incentives: As the ecosystem grows, value flows back to those who help build and govern it.
  • Long-Term Sustainability: Instead of inflationary rewards or subsidies, $STBL relies on real fee flows, premium buybacks, and governance-driven incentives.

✨ $STBL is the community’s stake in Stablecoin 2.0 — a token that governs, captures value, and ensures growth belongs to its users.