StableTech develops open-source, reserve-backed stablecoins and decentralized finance (DeFi) protocols on the Tezos blockchain to enhance liquidity and lending capabilities within the ecosystem. The platform addresses the need for compliant, scalable financial solutions that facilitate seamless transactions and borrowing in the rapidly evolving Tezos DeFi landscape.
Funding
Funding not disclosed
DGFounders
Product
Problem
The Tezos DeFi ecosystem lacks sufficient liquidity and seamless lending capabilities, hindering its growth and adoption. Existing solutions often lack the scalability and compliance required for widespread use.
Solution
StableTech is building open-source technologies to advance DeFi on the Tezos blockchain, focusing on Layer 1 and Layer 2 platforms. Their suite of products includes StableTez, a family of fully collateralized, reserve-backed stablecoins (like USDtz, ETHtz, and BTCtz) designed to be compliant and programmable within Tezos dApps. TEZEX (Tezos Exchange) is an upcoming liquidity aggregator for Tezos tokens, expanding from the existing TEZEX Bridge. TezFin is a decentralized lending and borrowing protocol featuring an Automated Interest Rate Maker that adjusts rates based on supply and demand. Nextez is a planned DeFi Layer 2 solution designed for decentralized derivatives with multi-chain synergy.
Target Audience
The primary target audience includes users and developers within the Tezos ecosystem seeking stablecoins, liquidity solutions, and lending/borrowing protocols, as well as institutional finance and industrial commerce entities looking for secure and scalable DeFi solutions.
Features
- StableTez: A family of fully-collateralized, reserve-backed stablecoins adhering to the FA token standard on Tezos, including USDtz, ETHtz, and BTCtz.
- TEZEX: A liquidity aggregator for Tezos tokens, expanding from the TEZEX Bridge, which facilitates non-custodial multi-chain swaps between Tezos (FA-standard) and Ethereum (ERC-standard) tokens.
- TezFin: A decentralized pool-based lending and borrowing protocol on Tezos with an Automated Interest Rate Maker.
- Nextez: A planned DeFi Layer 2 blockchain designed for decentralized derivatives, offering speed, certainty, and scalability.
- Trustee Network (and TREE token): A governance initiative aimed at responsible decentralized self-governance for StableTech projects.