Description
StableUnit is a next-generation decentralized stablecoin platform that allows users to borrow a yield-bearing stablecoin, USD Pro, against various crypto assets. The platform is built on a battle-tested collateralized debt position model, connecting collateral selection, loan issuance, and yield distribution. It supports positions from leading DEXs and yield protocols as collateral, as well as blue-chip crypto assets. A key feature is optional liquidation insurance, which can restore a user's position if the price rebounds within two months after a dip below the liquidation point. The platform also allows users to influence protocol rewards through a voting system and can automatically route deposited funds into top DeFi strategies to maximize returns. USD Pro, the platform's stablecoin, is pegged 1:1 to the US Dollar, is over-collateralized by crypto assets on-chain, cannot be frozen by any authority, and offers passive rewards through a non-rebasing yield model, ensuring full DeFi composability as an ERC-20 token. Its yield is derived from borrowing fees, liquidation gains, and conversion fees. The platform emphasizes security with multiple audits and a bug bounty program. The governance is managed by the SuDAO, with a finite supply governance token that allows stakers to participate in liquidations, vote on incentives, and influence security governance.Technology & Skills
Uncover the hard and soft skills and tools employed by the organization, and gain insight into the technologies that drive their success