STABLE FINANCE

This project would certainly not be possible without the work of the tomb finance team. Their project being fully open source and developed exceptionally well made it a pleasure to work with, and we would not be here today without their efforts, so we want to give a special thank you to them for that.

Stable Finance is an algorithmic stable coin protocol pegged to the price of 1 USDC. The protocol's underlying mechanism dynamically adjusts Stable's supply, pushing its price up or down relative to the price of USDC. Much like Tomb, Stable Finance is a multi-token protocol which consists of the following three tokens:

• Stable2 ($STABLE2),

• Horse2 ($HORSE2),

• Horseshoe2 ($HORSESHOE2).

One of the primary shortcomings of past algorithmic tokens has been a lack of use cases, leaving no good reason for somebody to want to use or hold them. In order to successfully maintain the peg in the long-run, the Stable Finance team will maintain a focus on innovation around enhanced functionality and use cases.