Stable Borrow(STB) is a web3 platform with inbuilt DeFi, Lending, GameFi and Dex protocols that allows users borrow STC in and overcollateralized manner, earn as the play as a gamer through vault liquidation, price regulation, liquidity provision and exchange tokens in addition to unique Soulbound token and tokenization mechanisms embedded in smart contracts that help users build identity/reputation and buy liquidated vaults like stock for profit.
Stable Borrow is designed around ease-of-use, decentralization, transparency and security. It is useful for all users web2 and web3 to fully exploit the blockchain technology. STB is the first lending protocol that gives all users ownership ability to regulate, keep the platform safe and earn at the same time without locking up assets or being part of the governance team. Most DeFi lenders require users to lock up a high amount of assets to earn regulatory fees which limit the platform security to few users or the governance team.
One of the unique features of STB is the ability to build reputation and have identity bound to blockchain wallets giving all users ability to rate themselves in the ecosystem through a series of financial/non financial records, achievements, certificates e.t.c attached to their wallets and recover their identity anytime they lost access to their wallets. Records bound to wallets can be used as checks/verification for hiring for a role, DeFi loans e.t.c.
STB also makes use of a unique asset tokenization mechanism that provides users/investors liquidated vaults in form of stocks that can be bought and make profit from using STB token, this serves as a safety measure to pay off debt incurred during lending of STC in liquidated vaults. The tokenization mechanism also gives room for real world assets like land and real estate to be tokenized and acquired.
In conclusion, Stable Borrow(STB) is a decentralized platform with unique protocols built on blockchain technology and seamless web2-like UI/UX focussed on bringing millions of users to web3 by eradicating the need of centralized entities in loan/debt management, stable coin, project's security, project's governance e.t.c. It gives users ability to; borrow STC using cryptocurrency as collateral, pay back their STC debt and get collateral back, make money by managing debt through vault liquidation, buy liquidated vaults like stocks and make profit, exchange cryptocurrencies, build reputation and identity bound to their blockchain wallet, tokenize real world assets, regulate and govern the platform e.t.c seamlessly.
Stable Borrow(STB) History
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applied to the Hackathon Alumni 4 months ago which was rejected