Sable Finance is the #1 reformative primitive for ETH LSD-backed stablecoin on Arbitrum and BNB Chain.
Our codebase enables capital efficiency and yield maximization for USDS users, whilst eliminating the liquidity cost of protocol emission to achieve frugal use of capital.
SABLE is the secondary token that is used for:
The $SABLE token captures the borrowing and redemption fee that is generated by the system via staking. Our unique design allows our token holders to first provide liquidity to our SABLE/BNB pool on a DEX and stake the LP token in our staking contract. Consequently, Sable stakers are earning LP trading fees on top of our protocol’s borrowing and redemption fees. As v2 launches, we will incorporate governance and enable $SABLE holders to vote on matters such as whitelisting new collateral types, directing emissions and changing parameters.