BitMart, a global digital asset trading platform, will list and debut Stablz (STABLZ) on February 16, 2023, for all BitMart users, the STABLZ/USDT trading pair will be officially available for trading at 09:00 AM (UTC).
What is Stablz (STABLZ) ？
Stablz is a stablecoin yield aggregator that converts yield to the same type as deposits. Deposit USDT, earn your yield in USDT in a truly set and forget manner. Token utility includes governance, USDT staking rewards, buybacks, and powering the referral program.
Why Stablz (STABLZ)?
- REAL YIELD
Converting your token emissions into real value with tried and tested stablecoins in real-time.
- STABLE REWARDS
Realizing and stabilizing rewards through automated harvesting on your behalf.
- ECOSYSTEM EVOLUTION
Stability in uncertainty, means agility in adaptation. Stablz is built for evolution in an ever-changing market.
- ABOVE FARMS
They don’t compete with your favorite farms, we build on top of them, offering you the full suite of real yield.
About BitMart
BitMart Exchange is a premier global digital assets trading platform. With millions of users worldwide and ranked among the top crypto exchanges on CoinMarketCap, BitMart currently offers 1000+ trading pairs with one of the lowest trading fees in the industry. Constantly evolving and growing, BitMart is interested in crypto’s potential to drive innovation and promote financial inclusion. To learn more about BitMart, visit their Website, follow their Twitter, or join their Telegram for updates, news, and promotions. Download BitMart App to trade anytime, anywhere.
About Stablz (STABLZ)
Users who stake in the staking pool will receive operating system ($OS) tokens as a receipt. These will be issued 1:1 upon deposit. Once the governance portal is live. Any users who have $OS will create proposals (with a certain holdings threshold) and be able to vote. A proposal may be as a fee change, pool addition or removal, incentivization of deposit into a certain pool or De-incentivization thereof.
As the protocol achieves more TVL and becomes a major use case for defi users, the above possibilities in proposals will drive further demand for the token in order for them to receive more governance tokens. This is because the governance token will not be tradable.
The only way to get it is by staking $stablz by yourself. Governance should power the key aspects of the project, which should drive demand.
To learn more about Stablz (STABLZ) , please visit their Website, follow their Twitter, and join their Telegram.
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