What is StableUnit ?
Next-generation stablecoin with zero click DeFi.
Last updated
Next-generation stablecoin with zero click DeFi.
Last updated
StableUnit is pushing the use of liquid (re)staking tokens (LSTs, LRTs) and LP tokens from DEXs and yield optimizers beyond current capabilities. Users can borrow USDPro against these assets, a yield-bearing stablecoin.
The system is enhanced by Async MEV-resistant liquidations which allow the protocol to accept a variety of assets such as LP tokens, creating an additional revenue source for LST/LRT holders.
Using the battle-tested overcollateralization model of DAI by MakerDAO, StableUnit improves upon it with its unique liquidation system, seamless in-wallet yield, and no compromise on decentralization.
The StableUnit protocol, fully controlled by the StableUnitDAO, delivers a zero-click DeFi experience, where your wallet balance increases in real-time due to a diverse revenue stream. Part of the revenue from borrowing fees, LST/LRT/LP upsells, and liquidations goes directly to USDPro holders.
While rebasing tokens are difficult to use in DeFi and not compatible with all protocols¹. StableUnit achieves in-wallet yield without the use of any rebasing. You can use your USDPro in all protocols.
Through StableUnit, holders of LSTs such as stETH or complex LP tokens from Aura/Balancer, Convex/Curve, and Tokemak will be able to borrow USDPro against their tokens.
For complex LP tokens, holders typically keep them in their wallets as there is currently no easy solution that accepts them as collateral for borrowing. StableUnit further pushes capital efficiency for these users, allowing them to leverage their capital while it works in DeFi for them.
For users who are not familiar with the protocols mentioned above, StableUnit allows them to wrap their ETH directly into complex LP tokens in 1 click to borrow against them.
Regular users aren't familiar with DeFi and do not provide liquidity to earn additional yield on their assets. DeFi is too complex but StableUnit fixes it for them.
Simply by acquiring USDPro on Uniswap or any other CEX/DEX, users are able to enjoy real yield coming from staking rewards, LP fees, borrowing fees and liquidations, directly in their wallet and in real time.
Learn the fundamentals of StableUnit to get a deeper understanding of the protocol's main features