DescriptionSTBL is an algorithmic over-collateralized stablecoin that is native to the Algofi protocol.
Category:crypto-backed
Minting and RedemptionUsing the Algofi app, users mint STBL by depositing an accepted collateral asset into a vault. When the loan is repaid to retrieve the collateral, the paid back STBL is burned.
STBL (STBL)