Stable Gain

The Stable Vault is designed to maximize your returns on stablecoins through DeFi. Assets are deposited in AAVE, Spark, Pendle, and Hyperliquid, among other strategies, to generate top-tier rewards. Here’s how it works:

Deposits

You deposit one or more of the following assets into the Stable Vault:

— USDC

— USDT

The vault receives these assets and processes them for further steps.

Issuance of Liquid Tokens:

— Upon depositing, the vault issues a liquid token, sbUSD, representing a claim on the deposited assets. This ERC-20 token is a tradable and usable representation of your staked assets within the vault.

Rewards Optimization:

— The deposited assets are then moved to different DeFi opportunities.

DeFi Deployment:

— Using sbUSD, the issued liquid token, you deploy them into DeFi to boost the yield (DeFi opportunities are on the way)

Withdrawals

Users can withdraw assets on the dApp. Follow these steps:

1. Go to the 'Withdraw' section and enter the amount of sbUSD you want to withdraw

2. Click on the 'Withdraw' button to initiate a wallet approval

3. Once approved, your withdrawal request will be placed. The same can be checked under the 'Claim' section.

4. In 3 days, your assets will be available to claim from the ‘Claim’ section

Vault Partners

1. Strategy Partner: Edge Capital is a team of professional strategy curators focused on market-neutral trades. They have an extensive track record in managing a DeFi hedge fund since 2020, targeting 20%+ APR in USD, BTC, and ETH terms. They support the DeFi ecosystem and focus on optimal risk-adjusted returns for the vaults we curate. The list of portfolio allocations is constantly updated, and protocol audits are actively verified.

2. Infra Partner: Ultrayield is a digital storefront for on-chain yield. It offers users simplified access to Partner vaults.

Technical Details

Smart contracts:

1. sbUSD vault

Audits Detailed audit reports are available here

Key Risks

Investing in vaults comes with associated risks. Please take note of the following risks; however, this list is not exhaustive, and there may be additional risks.

— This vault uses smart contracts for operations, so it contains smart contract risk

— This vault uses leverage, which means there is a liquidation risk

— This vault holds DeFi positions that allocate points to the vault. The return on those points is dependent on the DeFi protocols distributing rewards in the future, which means there is a Points risk to the APR

Disclaimer

Read the detailed disclaimer here