Stabilis Ecosystem
The ecosystem consisting of the STAB Protocol and ILIS DAO, together forming the foundation of Radix-native stability.
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About Stabilis Ecosystem
The Stabilis ecosystem is made up of:
- The ILIS DAO
- The STAB Protocol
ILIS DAO
A non-profit DAO, incorporated in the Marshall Islands as I Like It Stable DAO LLC. The ILIS DAO is a decentralized organization that tries to support (and if necessary, govern) anything related to stable assets on Radix DLT.
STAB Protocol
The first protocol governed by the ILIS DAO, with the purpose of providing Radix DLT with a stable asset called STAB. The protocol's vision is to provide fair-priced stability, which it accomplishes through its unique interest rate mechanism.
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