Lock collateral, mint SOT — the hourglass that always reads $1 because anyone can redeem it for a dollar of collateral. Stay above your mint floor, or the Cascade takes the position. Read the Learn section
SOT supply
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Peg
$1.00
Your SOT
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Bad debt · …
Collateral5 assets · deposit → mint SOT
Mint SOT · WETH collateral
Deposit WETH, mint the $1 stablecoin.
Mint floor150%Cascade120%Cascade penalty8.0%Mintable…
Mint SOT · wBTC collateral
Deposit wBTC, mint the $1 stablecoin.
Mint floor150%Cascade120%Cascade penalty8.0%Mintable…
Mint SOT · LINK collateral
Deposit LINK, mint the $1 stablecoin.
Mint floor175%Cascade135%Cascade penalty10.0%Mintable…
Mint SOT · mobWETH collateralYield-bearing
Deposit mobWETH, mint the $1 stablecoin.
Mint floor165%Cascade130%Cascade penalty9.0%Mintable…
Mint SOT · mobUSDC collateralYield-bearing
Deposit mobUSDC, mint the $1 stablecoin.
Mint floor130%Cascade112%Cascade penalty6.0%Mintable…