Options Based Stablecoin that does not use liquidation.
Baskets with STATIC underlyings that come with self reinforcing markets.
An ever growing arbitrage graph that does not need speculation to drive volume.
Borrow your funds without losing yield.
Leverage Loops.
All here.
Statics is going to show DeFi a new type of rewards model.
Staking Statics will give you a chance to earn up to 64 assets inside the system.
Opt into 1 asset and earn from all the pools inside the system that incorporate it. Up to 64 different times.
Watch closely.
Don't know if we are the first but our stablecoin design is inspired by this post https://t.co/GFwVYgf5UZ
We took it a bit further and made it perpetual. We also added a Pegged stability module that can be wound down if required. Its our attempt at censorship resistance without making the product unuseable.
Liken it to Maker/DAI without liquidations.
This is our entire thesis.
Statics protocol is built on the premise that correlated pairs create volume and provide value.
Pay attention more on the launch soon.