STBL is set to launch its core anchoring system by the end of November, according to founder and CEO Avtar Sehra. The project, which has already activated its minting function, plans to introduce multi-staking and a USST-based buyback mechanism as part of its roadmap. The anchoring system aims to stabilize prices through on-chain minting/burning ratios, open redemption mechanisms, and liquidity provider incentives.
The transition period in November and December is crucial for STBL as it moves from 'construction' to 'balance,' with the goal of establishing a market-driven, antifragile stablecoin system, referred to as 'Stablecoin 2.0'. Market calibration is expected to be completed in December, marking a significant milestone in the project's development.
STBL to Launch Core Anchoring System by End of November
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