Gauge Proposal Template:
Summary:
Add gauge for the USST/USDC stableswap pool
References/Useful links:
Link to: Proposal - 1159-ownership - Curve
• Website: https://www.stbl.com/
• Documentation: https://docs.stbl.com/overview/introduction/
• Communities: https://x.com/stbl_official / https://t.me/Stbl_Official
Protocol Description:
STBL is redefining stablecoin infrastructure by combining native utility with yield generation. It resolves the fundamental tradeoff faced by traditional stablecoins by returning value, yield, and governance directly to users—all fully on-chain.
Users can mint USST, a freely tradable stablecoin backed by on-chain RWAs such as T-bills and money market instruments, while separately tokenizing yield through YLD.
The protocol enables scalable issuance of yield-splitting stablecoins with on-chain composability and institutional-grade transparency. This represents a significant paradigm shift, putting the power of money creation into the hands of users, not centralized issuers.
We have secured $6Mn in institutional commitments from strategic investors for minting volume pre-TGE. As part of our DeFi strategy, we are launching a USST/USDC Curve pool, enabling minters to supply liquidity for additional yield. Furthermore, we have received strong market validation and positive feedback from prospective partners, indicating significant appetite for minting volumes well beyond our initial targets.
STBL is backed by a stellar team, led by Reeve Collins (inventor of stablecoins and former Co-Founder of Tether) and backed by Wave Digital Assets .
Motivation:
In order to maximize yield opportunities through Curve Finance, we’re seeking collaboration with veCRV stakers across Convex Finance, StakerDAO, and Yearn. Our goal is to optimize voting weights toward the USST/USDC gauge.
We are actively exploring various incentive mechanisms to support this collaboration and will provide further details soon.
In order to maximize yield opportunities through Curve Finance, we’re seeking collaboration with veCRV stakers across Convex Finance, StakerDAO, and Yearn. Our goal is to optimize voting weights toward the USST/USDC gauge. We are actively exploring various incentive mechanisms to support this collaboration and will provide further details soon.