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Summary of Sable Finance
Key Points
- Sable Finance is a reformative primitive for ETH LSD-backed stablecoin on Arbitrum and BNB Chain.
- The platform enables capital efficiency and yield maximization for USDS users.
- SABLE is the secondary token used for capturing borrowing and redemption fees.
- Token holders can stake LP tokens to earn trading fees and protocol fees.
- v2 will incorporate governance, enabling $SABLE holders to vote on protocol decisions.
Team Members
- Axel: BD Lead with 3+ years of DeFi research experience.
- Marty: Product Lead with experience in BNB Chain
About Sable Finance: Empowering the Future of Digital Assets
Introducing Sable Finance: A Pioneering Force in the Realm of Digital Assets
Sable Finance is the premier pioneering solution for ETH LSD-backed stablecoins on Arbitrum and BNB Chain.
Our codebase empowers USDS users to optimize capital efficiency and maximize yields, while simultaneously mitigating the liquidity costs associated with protocol emissions, thereby ensuring a prudent allocation of capital.
SABLE is the secondary token that serves as a conduit for capturing the borrowing and redemption fees generated by the system through staking. Our innovative design enables token holders to provide liquidity to our SABLE/BNB pool on a decentralized exchange (DEX) and subsequently stake the LP token in our staking contract. As a result, SABLE stakers reap the benefits of LP trading fees in addition to our protocol’s borrowing and redemption fees. With the launch of v2, we will introduce governance, empowering $SABLE holders to exercise their voting rights on key matters, including the whitelisting of new collateral types, directing emissions, and modifying parameters.
Meet the Visionary Minds Behind Sable Finance
Our team is founded by four core members, each boasting a unique set of skills and expertise: Axel, our Business Development Lead, who brings over three years of experience in DeFi research, business development, and venture investments; Marty, our Product Lead, a seasoned advisor to three BNB Chain projects, with a notable contribution to a BNB Chain DeFi protocol that achieved a remarkable valuation of $1.5 billion; Kaitlin, our Marketing Lead, a former community manager of a selected BNB Chain protocol, part of the 5th cohort of Binance’s MVB incubation program, with a proven track record of over three years in marketing advisory across F&B, fintech, and Web3; and Pete, our Tech Lead, a seasoned software engineer with an impressive eight years of experience.
Unveiling the Distinctive Essence of Sable Finance
Sable Finance is spearheading the development of the inaugural decentralized stablecoin, USDS, which uniquely accepts LSD as collateral on the BNB chain (and Arbitrum upon the launch of v2). Our protocol’s design is rooted in Liquity’s codebase, with trailblazing modifications, including a shared stability pool for liquidations, a multi-collateral architecture, enhancements to governance token staking, and more. As the epitome of stability and resilience, Sablecoin (USDS) emerges as the premier stablecoin, unencumbered by interest rates, censorship, and custodianship.