🚀 Stabilan built with ❤️

Welcome to Stabilan

We make it super easy for you to keep your money safe! Think of it like a magic shield for your coins. 🛡️

Stabilan - features

Trustless and Decentralized

All smart contracts are open-sourced and verified on the blockchain. There are no owners of the protocol, and no one takes fees, besides Backers who provide liquidity.

Full Solvency, No Commission, No Jury

Insurees are always able to execute their options at the strike price. There is no condition other than the expiration date.

Fair Insurance Price

The price is calculated based on the current utilization of the collateral. If utilization is low, the insurance price is low, encouraging users to buy it and giving the opportunity to resell for a higher price. If utilization is high, indicating high demand, there is an opportunity for Backers to provide more collateral, earning more rewards.

Maximal Collateral Usage

The premium paid by users is given in the collateral token and automatically staked to cover new insurances.

DAO Governance

Protocol is fully owned by the DAO, utilizing the STB_DAO tokens which can be obtained by backing assets. There is no other protocol owners, and DAO has the power to change asset parameters or to add new assets.

Asset Agnostic

The protocol works with any ERC20 token. It will be up to the Backers (future DAO token holders) to determine the risk of an asset, which will determine the striking price.