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Sable Finance is the #1 reformative primitive for ETH LSD-backed stablecoin on Arbitrum and BNB Chain.
Our codebase enables capital efficiency and yield maximization for USDS users, whilst eliminating the liquidity cost of protocol emission to achieve frugal use of capital.
SABLE is the secondary token that is used for:
The $SABLE token captures the borrowing and redemption fee that is generated by the system via staking. Our unique design allows our token holders to first provide liquidity to our SABLE/BNB pool on a DEX and stake the LP token in our staking contract. Consequently, Sable stakers are earning LP trading fees on top of our protocol’s borrowing and redemption fees. As v2 launches, we will incorporate governance and enable $SABLE holders to vote on matters such as whitelisting new collateral types, directing emissions and changing parameters.
Who Are the Team Members of Sable Finance?
Our team is founded by 4 core team members:
Axel, BD Lead
3+ years of experience in DeFi research, BD and venture investments
Marty, Product Lead
Former advisor of three BNB Chain projects, previously contributed in a BNB Chain DeFi protocol that reached 1.5b valuation
Kaitlin, Marketing Lead
Former community manager of selected BNB Chain protocol in the 5th cohort of Binance’s MVB incubation program with 3+ years of experience in marketing advisory across F&B, fintech and Web3
Pete, Tech Lead
8+ years of experience in software engineering
What Makes Sable Finance Unique?
Sable Finance is pioneering to give the first ever decentralized stablecoin, USDS, which accepts LSD as collateral on the BNB chain (and Arbitrum when v2 is launched). The design of our protocol is based on Liquity’s codebase, with innovative changes, such as a shared stability pool for liquidations, a multi-collateral design, governance token staking improvements and more. As the embodiment of stability and resilience, Sablecoin (USDS) emerges as the premier stablecoin free from interest rate, censorship, and custodianship.
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The live Sable Finance price today is $0.005480 USD with a 24-hour trading volume of not available. We update our SABLE to USD price in real-time. Sable Finance has no change in the last 24 hours. The current CoinMarketCap ranking is #2589, with a live market cap of $28,377.62 USD. It has a circulating supply of 5,178,493 SABLE coins and a max. supply of 100,000,000 SABLE coins.