Stabilize Protocol (@stabilizepro) 's Twitter Profile
Stabilize Protocol

@stabilizepro

Official Twitter account for the Stabilize Protocol, a decentralized system to promote the stability of major cryptocurrency stablecoins.

ID: 1308860010529685504

linkhttp://stabilize.finance calendar_today23-09-2020 20:05:46

531 Tweet

2,2K Followers

0 Following

Stabilize Protocol (@stabilizepro) 's Twitter Profile Photo

This process has now been completed. Head to arbitrum.impermax.finance to redeem your underlying tokens when liquidity returns to the protocol.

Stabilize Protocol (@stabilizepro) 's Twitter Profile Photo

Stabilize aims to be consistent and to do things differently. The protocol has been running for over 2 years. To learn more about it and how it aims to be unique in the cryptosphere. Please visit our docs: stabilize-2.gitbook.io/start/

Stabilize Protocol (@stabilizepro) 's Twitter Profile Photo

The zsb-BUSD strategy was just updated to make it even more resilient to $USX depegging events! Users deposit only BUSD into dForce, which is lent out as collateral to borrow and use $USX. In fact, users may actually gain in BUSD if $USX depegs! stabilize.finance/bsc/wrap/

The zsb-BUSD strategy was just updated to make it even more resilient to $USX depegging events! Users deposit only BUSD into <a href="/dForcenet/">dForce</a>, which is lent out as collateral to borrow and use $USX.

In fact, users may actually gain in BUSD if $USX depegs!

stabilize.finance/bsc/wrap/
Stabilize Protocol (@stabilizepro) 's Twitter Profile Photo

New single stake $USDC pool incoming soon on Stabilize for #BSC that is powered by THENA. It uses a unique multi-LP strategy that swaps $USDC into some of the top earning stable LP pools on Thena. Launch is coming soon!

New single stake $USDC pool incoming soon on Stabilize for #BSC that is powered by <a href="/ThenaFi_/">THENA</a>. It uses a unique multi-LP strategy that swaps $USDC into some of the top earning stable LP pools on Thena. 

Launch is coming soon!
Stabilize Protocol (@stabilizepro) 's Twitter Profile Photo

New strategy now live for Stabilize for #BSC called zsbh-USDC! This is a single $USDC stake strategy. The strategy currently converts USDC into THENA LP to yield farm in ideal pairs. Certain protections are in place to protect the underlying USDC. Check it out now!

New strategy now live for Stabilize for #BSC called zsbh-USDC! This is a single $USDC stake strategy. The strategy currently converts USDC into <a href="/ThenaFi_/">THENA</a> LP to yield farm in ideal pairs.

Certain protections are in place to protect the underlying USDC.

Check it out now!
Stabilize Protocol (@stabilizepro) 's Twitter Profile Photo

Stabilize.finance has been updated with the latest best security practices by removing the usage of unlimited approvals. Please use revoke.cash to remove those unlimited approvals and start interacting with a safer version of Stabilize.

Stabilize Protocol (@stabilizepro) 's Twitter Profile Photo

Check out the current yield of $GLP (by GMX 🫐) on the Stabilize GLP strategy. Yield is currently higher than native GMX due to perpetually staked esGMX into the strategy πŸš€πŸš€ Website: stabilize.finance/app/wrap/

Check out the current yield of $GLP (by <a href="/GMX_IO/">GMX 🫐</a>) on the Stabilize GLP strategy. Yield is currently higher than native GMX due to perpetually staked esGMX into the strategy πŸš€πŸš€

Website: stabilize.finance/app/wrap/
Stabilize Protocol (@stabilizepro) 's Twitter Profile Photo

Exciting times for the Stabilize Protocol as we will soon integrate GMXv2 GM tokens (by GMX 🫐)! Take a look here: stabilize.medium.com/stabilize-will…

Stabilize Protocol (@stabilizepro) 's Twitter Profile Photo

New zs-GMUSDC strategy is now available for deposits! This is a BETA strategy available for public testing that incorporates six GM tokens (by GMX 🫐) into one index token. Min deposit is 30 USDC and max pool size is 200k. Try it now: stabilize.finance/app/wrap/

New zs-GMUSDC strategy is now available for deposits! This is a BETA strategy available for public testing that incorporates six GM tokens (by <a href="/GMX_IO/">GMX 🫐</a>) into one index token. Min deposit is 30 USDC and max pool size is 200k.

Try it now: stabilize.finance/app/wrap/
Stabilize Protocol (@stabilizepro) 's Twitter Profile Photo

The zs-GMUSDC strategy has been retired due to GMX 🫐 releasing its own in-house vault (called GLV) similar to what Stabilized offered. Take a look at GLV below: app.gmx.io/#/pools

The zs-GMUSDC strategy has been retired due to <a href="/GMX_IO/">GMX 🫐</a> releasing its own in-house vault (called GLV) similar to what Stabilized offered. Take a look at GLV below:

app.gmx.io/#/pools
Stabilize Protocol (@stabilizepro) 's Twitter Profile Photo

The GLP token on GMX 🫐 was exploiting, leading to a drop in token value near 95%. The Stabilize Strategy supporting deposits of this token was itself unaffected however the underlying value of the deposited funds is.

Stabilize Protocol (@stabilizepro) 's Twitter Profile Photo

Following the recovery of the GMX funds from its recent hack, We at Stabilize have taken a snapshot at the hack block, of user holdings in the zs-GLP strategy, in preparation for future actions from the GMX DAO. Please see it here: stabilize.finance/app/wrap/gmx_v…

Stabilize Protocol (@stabilizepro) 's Twitter Profile Photo

The distribution of funds from the snapshot is now completed. For those affected, the tokens (GLV-ETH, GLV-BTC) have been airdropped directly into your wallets.

Stabilize Protocol (@stabilizepro) 's Twitter Profile Photo

In about 24 hours, the zs-GLP pool will be deactivated on Stabilize and no longer receive STBZ emissions. Please withdraw your funds from the pool and redeem for underlying GLP from the deprecated strategy, to claim leftover amounts on GMX 🫐 directly: v1.app.gmx.io/#/sell_glp

In about 24 hours, the zs-GLP pool will be deactivated on Stabilize and no longer receive STBZ emissions. Please withdraw your funds from the pool and redeem for underlying GLP from the deprecated strategy, to claim leftover amounts on <a href="/GMX_IO/">GMX 🫐</a> directly:

v1.app.gmx.io/#/sell_glp