bStable is an automated market maker (AMM) mechanism powered by stablecoin liquidity pools especially designed to enable token swaps between any Binance Smart Chain(BSC)- based stablecoin at low fees and with minimal price slippage.
Why stablecoin-only? Focusing on stablecoins allows bStable to avoid a large majority of the market inefficiencies in current AMMs and to minimize risk while creating value for liquidity providers.
bStable is now open for swaps and liquidity deposits and withdrawals. Liquidity providers (LPs) currently earn 0.1% of each swap on bStable Swap and will earn 0.2% post-token launch.
Token launch coming soon. Token-holders will be able to earn part of the fees generated by the bStable Swap feature and will also be able to participate in governance of the bStable protocol in the future.