Unit Stable
Unit Stable manages the 22 fiat-pegged stablecoins on Unit Network โ providing price stability for the entire ecosystem.
Stablecoinsโ
22 stablecoins pegged to major fiat currencies, with USDU (US Dollar) as the primary trading pair for all exchanges.
Key properties:
- Over-collateralized โ Backed by diverse reserve assets, not algorithms
- Oracle-pegged โ Real-time price feeds maintain accuracy
- Transparent reserves โ All collateral visible on-chain
- Dynamic supply โ Minted on purchase, burned on redemption
- Redemption at 10x โ When bank reaches 10x over-collateralization, holders can redeem
โ See: Token Types ยท Oracle Pallet