Stabilize is a stable decentralized borrowing protocol 2.0 that allows you to draw interest-free loans against Crypto-Assets( basic asset & ibTKNs) used as collaterals. Stabilize will be launched on the Avalanche network first.

Stabilize Protocol is endorsed and licensed by the PolyQuity team, a fork of the Liquidity protocol on the Polygon network, who have designed a new mechanism and economic model to upgrade the protocol to support multiple crypto-assets as collateral. PolyQuity has tens of millions of dollars TVL and a strong community presence.

SET is the secondary token issued by protocol. It captures the fee revenue that is generated by the system and incentivizes early adopters.

SET Transfer Fee

Mechanism:

• The token contract will charge the fee(1%) for each $SET transaction
• 0.5% will be allocated to the $SET Staking Pool
• 0.5% will be permanently burned.