STBL Protocol Revolution: Minting stablecoins using real estate and government bonds, holders earn 5-12% passive income monthly.

The Decentralized Finance (DeFi) sector is witnessing a stablecoin revolution. The innovative “Mint-to-Earn” model launched by the STBL protocol allows users to mint stablecoins by collateralizing real-world assets (RWA) such as U.S. government bonds and private credit, while retaining all the income generated from these assets. This groundbreaking design not only addresses the core pain points of traditional stablecoins but also provides holders with a stable passive income of 4-12% annually, creating a new paradigm in the stablecoin market.

STBL protocol: The Fourth Paradigm of the stablecoin Market

The stablecoin market has long been dominated by three main models, each with obvious flaws:

Over-collateralized crypto asset-backed (e.g., DAI): Facing severe volatility risks.

Centralized stablecoins (e.g., USDC, USDT): Insufficient reserve transparency, profits are solely enjoyed by the issuers.

Algorithmic stablecoins (such as UST, FRAX): Difficult to maintain stability, historically collapsed multiple times.

The STBL protocol proposes a fourth entirely new solution: allowing users to mint stablecoins by fully collateralizing with real-world assets (RWA), while retaining the generated profits. This model not only addresses stability issues but also achieves the democratization of profit distribution, enabling ordinary users to enjoy stable returns from traditional financial assets.

STBL's Third Generation Coin Innovative Design

The core of the STBL protocol lies in its unique three-token structure:

$STBL: Governance token used for protocol decision-making and fee distribution.

$USST: Fully collateralized stablecoin, pegged to the US dollar at a 1:1 ratio, based on the ERC-20/4626 standard

$YLD: ERC-721 NFT, representing the holder's right to the earnings generated from the deposited assets.

This design completely separates the currency function from the rights to earnings, addressing the dilemma of traditional stablecoins that cannot simultaneously balance liquidity and yield. Users can use $USST for daily transactions and DeFi activities while earning stable passive income by holding $YLD.

“Minting to Earn”: A New Economic Model for Stablecoins

The STBL protocol adopts a “Mint-to-Earn” model, which has multiple advantages in this innovative mechanism:

Transparent Source of Income: Income comes directly from real-world assets (RWA), rather than inflationary issuance or leveraged operations.

Diverse Vault Options: Users can choose vaults with different risk-return configurations.

National Debt Treasury: Low risk, annual yield of 4-5%

Private Credit Vault: Higher risk, annual yield of 10-12%

Sustainable Fee Structure: The protocol takes 20% of all revenues for the following four purposes:

· Developed fiscal reserves

· Absorb the loss reserve pool for defaults

· Reward USST stakers

· Provide additional yield for long-term stakers (sUSST)

This model not only rewards the participation of early users but also ensures the long-term sustainability and risk resistance of the protocol.

Real World Assets (RWA): The New Cornerstone of Stablecoins

(Source: Alea Research)

As the total locked value of tokenized government bonds and other real-world assets (RWA) surpasses $30 billion, the STBL protocol is perfectly positioned to capture this rapidly growing market trend. Compared to traditional stablecoins, RWA-backed stablecoins have several advantages:

Predictable Returns: U.S. Treasury bonds and private credit provide stable, predictable cash flows.

Regulatory Compliance: Based on regulated assets, reduce regulatory risks

High Transparency: Assets are traceable and auditable, increasing user trust.

Anti-inflation: The yield is usually higher than the inflation rate, protecting the value of users' assets.

The STBL protocol directs the cash flow generated by these RWAs directly to stablecoin users, creating a sustainable alternative to unstable algorithmic coins and opaque custodial models.

$STBL Tokenomics: Balancing Growth and Stability

(Source: Alea Research)

$STBL, as the governance token of the protocol, has a total supply of 10 billion, with an initial unlock amount of 825 million (accounting for 8.25% of the supply). Its token distribution and unlock plan are carefully designed to balance the interests of early investors and the needs of long-term development:

Private Placement 1 / Team / Advisors: 12 months cliff period, 5% released immediately after the cliff period, followed by linear release over 18 months.

Private Placement 2: 6-month cliff period, followed by 12 months of linear release.

Public: 3 months cliff period, followed by 6 months linear release

Staking: 6 months cliff period, followed by 18 months linear release

Ecosystem: TGE releases 10%, followed by a linear release over 12 months.

Liquidity and Market Making: 4% released at TGE, followed by linear release over 12 months.

Treasury Reserve: 45% released at TGE, followed by linear release over 12 months.

This design ensures the stable growth of the token supply, avoiding price volatility caused by a large influx of tokens into the market in a short period while providing sufficient incentives for long-term holders.

Market Potential and Competitive Advantages of STBL

The stablecoin market has surpassed $290 billion, but the yields of traditional stablecoins are still exclusively enjoyed by issuers. The STBL protocol has pioneered a new paradigm in the stablecoin market by directly distributing yields to users. Compared to competitors, STBL has the following advantages:

Democratization of Profit Distribution: Users, rather than issuers, receive asset yields.

Flexible Liquidity Management: The separated token design allows users to enjoy both liquidity and yield simultaneously.

Transparent Asset Support: Fully backed by real-world assets, reducing systemic risk.

Scalable asset class: In the future, more types of RWA can be included, providing a more diversified source of income.

As the demand for stable, transparent, and yield-generating stablecoins continues to grow among DeFi users, the STBL protocol is poised to become a crucial part of next-generation stablecoin infrastructure, offering users an unprecedented value proposition: the perfect combination of stability, liquidity, and predictable returns.