Bitstable
Last updated
Last updated
Bitstable is a decentralized lending protocol that enables users to draw interest-free loans through the collateralization of BTC. The loans are paid out in stablecoins which can be staked in a stablecoin pool to participate in lending and liquidation processes for earning returns. Bitstable creates a more capital efficient and user-friendly way to borrow stablecoins. Stable-value assets are an essential element for decentralized applications and are needed for transactions of all kinds.
When adding Bitstable to their club, a BounceClub owner can either select existing stablecoins provided by the BounceBit App Store, or add a new stablecoin by entering its symbol.
First make sure that you've connected your wallet, claimed and created your BounceClub. For more details on how to do that, check out the Club Creator Guide.
Once you've created your BounceClub, enter your club and click "+Add An App" at the bottom of the page.
From the listed DApps, click on Bitstable.
You can then start creating your stablecoin.
