Stable Gain (deprecated)
The Stable Gain vault (sbUSD) is being sunset and has stopped accepting new deposits. This is a planned closure - a commercial decision about where we focus our efforts and resources - following a decline in the vault’s TVL.
Key dates
13th July 2026 - Deposits are paused and the redemption rate is frozen
31st August 2026 - sbUSD dApp is sunset. Withdrawal available only through smart contract
Withdrawals
Already claimed: Nothing changes.
Not yet withdrawn: Withdraw through the existing dApp before 31st August 2026; after it is sunset, withdraw directly through the vault contract.
Withdrawal through Vault Contract
Approve Token Spending: Authorize the Vault contract to spend your tokens.
Contract Address: Vault Contract; please ensure you are on 'Write as proxy' tab.
Connect wallet which holds sbUSD token
Spender: 0x8ecc0b419dfe3ae197bc96f2a03636b5e1be91db
Amount: Specify the token amount, ensuring you include 6 decimal places. Example: If you want to withdraw 100 sbUSD, you should approve 100*10^6 or 100000000
Click on 'Write' and confirm in your wallet.
Request Asset Redemption: Execute the redemption function.
Contract Function: requestRedeemOfAsset
Asset Address: USDT (0xdAC17F958D2ee523a2206206994597C13D831ec7) or USDC (0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48)
Shares: Enter the number of shares to redeem (including decimals), same as in the previous step.
Controller & Owner: Input your wallet address for both fields.
Redeem Asset: Execute the redeem asset function 4 days after adding the withdrawal request
Contract Function: redeemAsset
Asset Address: USDT (0xdAC17F958D2ee523a2206206994597C13D831ec7) or USDC (0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48) — should be same as what you requested in the previous step
Shares: Enter the number of shares to redeem (including decimals), same as in the previous step.
Controller & Owner: Input your wallet address for both fields.
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