Project Overview

USTP is a stablecoin designed for usage in the STP Ecosystem and STP DAO, a mechanism for decentralized governance in which STPT holders will help dictate the direction of important protocol decisions including USTP and the respective DeFi platforms that utilize USTP. USTP will allow users to earn yield, leverage lucrative DeFi strategies and transact across multiple platforms both within (i.e. Blockzone) and outside our ecosystem (i.e. ChickenSwap). It is over 100% backed by STPT in order to reduce the risk of liquidation in case of price volatility.