Stablecoin information
STBL is an algorithmic over-collateralized stablecoin that is native to the Algofi protocol.
Category:crypto-backed
Minting and Redemption
Using the Algofi app, users mint STBL by depositing an accepted collateral asset into a vault. When the loan is repaid to retrieve the collateral, the paid back STBL is burned.
Audits:No
Stablecoin usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | >-0.0001% | >-0.0001% | >-0.0001% | 199,915.89 |