
Based on the provided information, here are some key facts about Stabl.fi CASH:
- Cross-Chain and Fully Collateralized: Stabl.fi is a protocol that allows users to mint $CASH by depositing stablecoins across different blockchains. For every $CASH in circulation, there’s backing from stablecoins like USDC, USDT, and DAI.
Organic Yield Generation: The protocol utilizes deposited assets to generate yields, which are then distributed to $CASH token holders twice daily through a process called rebase. This allows users to earn passive income without actively managing their funds.
Diversified Collaterals: To minimize risk, collaterals in the strategies are diversified within specific usage bands. This ensures that the value of $CASH remains stable and is always redeemable for the same amount as the user’s deposit.
Whitelisted and Audited Protocols: User funds are invested in whitelisted and audited protocols, providing a level of security and transparency. All strategies are managed fully on-chain, meaning all actions and decisions are recorded and verified on the blockchain.
Stable Indexcoin: $CASH is designed as a stable indexcoin that maintains its value by being pegged to an approved basket of stable assets. This allows investors to gain exposure to dynamic yielding opportunities across different blockchains without having to manage those underlying assets directly.
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