Trading & Operations
Stabolut enables users to mint and redeem USB, as well as acquire SBL for governance and staking.
Minting USB
Users can mint USB by depositing supported collateral assets. The protocol accepts a range of assets including:
- USDT / USDC (Stablecoins)
- ETH / stETH (Ethereum & Liquid Staking Tokens)
- BTC (Bitcoin)
Process
- Connect Wallet: Navigate to the Stabolut App and connect your Web3 wallet.
- Select Asset: Choose the asset you wish to deposit.
- Approve & Mint: Approve the transaction and confirm the mint. The protocol will instantly issue USB to your wallet.
Redeeming USB
USB can be redeemed for the underlying collateral at any time, subject to a redemption period or fee depending on market conditions and protocol liquidity buffers.
Process
- Select Amount: Enter the amount of USB to redeem.
- Receive Collateral: The protocol unwinds the necessary hedge positions (or uses the Insurance Fund buffer) and returns the equivalent value in collateral assets.
Hybrid Liquidity
Stabolut employs a hybrid liquidity model to ensure seamless trading:
- DEX Liquidity: A portion of the Treasury supports liquidity pools on decentralized exchanges (e.g., Curve, Uniswap), enabling permissionless trading and DeFi composability.
- CEX Liquidity: Professional market makers manage liquidity on centralized exchanges to reduce slippage and ensure tight spreads for USB pairs.
tip
Always check the current slippage and fee parameters on the dApp interface before executing large trades.