Overview

Stability Protocol

Information by Research TrustFinance

https://stabilityprotocol.com

Stability is a decentralized protocol built on the Ethereum blockchain that allows users to take out interest-free loans using ETH as collateral. These loans are paid out in ONEUSD, a USD-pegged stablecoin. The protocol's mission is to provide a more capital-efficient and user-friendly DeFi lending and stablecoin issuance service by eliminating interest rates and liquidation mechanisms typical in other protocols, requiring only a minimum collateral ratio of 110%.

Founded in
Nigeria

Nigeria


Industry

    Crypto

  • CryptocurrencyPRIMARY

    Financial

  • Other Service