Stable++ Project Introduction, Team, Financing and News

Performances

Comparison

Event Calendar

Oct 18, 2024

Follow Updates

Details

Stable++ is a decentralized over-collateralized stablecoin protocol built on the RGB++ protocol, operating within the CKB and BTC ecosystems. It enables users to deposit CKB or BTC as collateral to mint RUSD, a stablecoin pegged to the US dollar. Users must open and manage a vault, maintaining a collateral ratio above the minimum requirement (125% for BTC, 130% for CKB) to avoid liquidation. The protocol utilizes aggregator nodes to collect intent cells and submit transactions on-chain. Stable++ incorporates a liquidation reserve and stability pool mechanism to enhance system robustness.

Tags:

DeFi

Stablecoin Protocol

Ecosystem(1):

Nervos

Founded:

2023