Articles in this section

How does Stable Balance work at a technical level?

At a technical level, Stable Balance relies on a contract between you, the stability seeker, and the stability provider, a counterparty that has offered to provide liquidity / collateral to help lock in the fiat value of your bitcoin for a fee.

Every 10 minutes, deposits from seekers are locked in a contract against liquidity from providers, and the applicable fee is debited from the seekers and credited to the providers.

At the same time, the contract from the previous cycle is settled using the difference between the starting and ending price of bitcoin. These 10-minute cycles continue on an ongoing basis until you decide to withdraw your funds.

Was this article helpful?
0 out of 0 found this helpful



Please sign in to leave a comment.