Obelisk — the monument that doesn't move
Obelisk is the StableSwap pool where pegged assets trade as near-equals: SOT, USDC, USDT, and DAI in one basket, swapped at razor-thin slippage around the dollar. Stone doesn't shift underfoot — and neither does this.
Why a flat curve
A normal pool prices every asset on a constant-product hyperbola — fine for things that are supposed to move, ruinous for things that aren't. Obelisk bends that math. Near the 1:1 peg the curve runs almost flat, so a dollar of USDC buys near a dollar of DAI even at size; slippage only steepens as the basket tilts far from balance. Same-priced assets should trade like same-priced assets. The monument holds its line.
One basket, one NFT
Four pegged dollars share a single reservoir: SOT, USDC, USDT, DAI. Deposit any mix and you hold one LP NFT representing your slice of the whole basket — not four positions to juggle, one. Traders route between any pair through the shared depth; liquidity pooled across all four runs deeper than four thin pairs ever could.
- ▸Swap any pair:
SOT↔USDC↔USDT↔DAI - ▸Provide any mix — the pool rebalances toward peg
- ▸Hold one LP NFT for the entire basket
- ▸Fees accrue to LPs across every swap in the pool
Where SOT proves itself
Obelisk is where Sands of Time meets the dollars it claims to equal. A stablecoin is only as honest as the depth standing behind its peg — and here SOT trades against USDC, USDT, and DAI at the tightest the curve allows. When the peg drifts, arbitrage pours through the flat zone and pulls it back. The reservoir is the proof, not the promise.
Where it lives
Obelisk runs live on Arbitrum Sepolia, reachable from the protocol's pools view — human or machine, the contract answers the same. Bring pegged dollars to deposit into the basket, or route a swap through to feel how little the price moves. Start small, watch the slippage stay near zero, then scale in.