Phases of MFS

Phase 1 (Initial Launch):

• Users lock $STBL for a chosen duration.
• Reward multipliers increase with longer lock periods.
• Co-locking USST boosts rewards further.
• USST minters continue to earn underlying RWA yield through YLD while benefiting from boosted $STBL rewards.

Later Phases (Planned):

• Governance participation and other ecosystem contributions may be introduced as additional reward factors.