USDFI Liquidity and Protocol Launch

Token launch for a ve(3,3) deFi ecosystem on BSC.

No contract available at time of review.

DETAILS

• Launch Details
  • Token listing DEX: unknown
  • Token pair: STABLE/BTC
  • Listing price: $10
  • Presale price: $10
    • $1,037,730 raised in presale on USDFI
    • Vesting: 100% at launch
  • Initial circulating market cap: unknown
  • Initial liquidity: unknown
  • Taxes: 0%

• Mechanics & Features
  • Features include; lending, stablecoin & yield aggregation
  • Utilizes ve(3,3) mechanics (hybrid of Curve Finance & Solidly)
  • Users can lock protocol tokens and vote to earn real yield from protocol generated fees and rewards
  • Dual token system;
    • STABLE is the governance token
    • USDFI is the soft-pegged stablecoin
  • USDFI is backed by USDFI’s revenues, cash flows and protocol-owned liquidity (POL)
  • STABLE is not a stablecoin, but it stabilizes the protocol
  • USDFI can be minted with $STABLE
  • USDFI and STABLE can be locked for up to 4 years to receive veUSDFI and veSTABLE respectively
  • veUSDFI and veSTABLE holders can vote weekly on pool gauges to determine emissions — 1 USDFI = 1 vote
  • veUSDFI and veSTABLE holders receive voting power, bribes & a share of protocol fees
  • STABLE’s inflation is only 7% per year
  • STABLE holders benefit from USDFI’s protocol-based, perpetual buyback

• Tokenomics
  • Token symbol: STABLE
  • Initial supply: 1,000,000