Sable Coin(USDS)
Market Cap$97,254
Price$1
Total Circulating97,261
Stablecoin Information
Sable Finance offers interest-free loans and is more capital efficient than other borrowing platforms (i.e. less collateral is needed for the same loan).
Category:crypto-backed
Minting and Redemption
Redemption allows users to exchange USDS for LSD at face value. This mechanism gives USDS holders the option to redeem USDS for the underlying collateral at any time. Redemptions are always honored such that 1 USDS equals $1 worth of LSD.
Audits:No