Stable-Documentation
  • Introduction to Stable Labs
    • What Problems Does Stable Labs Solve
    • Common use cases
  • Legislation, Trust & Security
  • Getting Started With Genify
    • How it Works
      • Tokenization
        • Minting and Reedeming
          • Utilizing STABLEcoins
          • Utilizing Third-Party Fiat-Backed Stablecoins
        • Asset Pegging Mechanism
        • Backing
      • Stablecoins
        • What Are STABLEcoins
          • Stablecoin Minting & Redeeming
          • STABLEcoin Backing
          • Regulation
    • Fee Structure
  • Join our Community
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  1. Getting Started With Genify
  2. How it Works
  3. Tokenization

Asset Pegging Mechanism

Stable Labs employs a hybrid model that includes off-chain audits, price oracles, hard-peg prices, PoR reports, and arbitrageurs to ensure transparency, accuracy, and usability for RWA tokens:

  • PoR Support: Each RWA asset token has its own Proof of Reserve (PoR) for transparent on-chain verification of reserves audited by established third-party auditors such as Grant Thorton.

  • Off-Chain Audits: External auditors verify Stable Labs'/Genifys' asset holdings.

  • Price Determination: Real-time off-chain price feeds from exchanges determine the price during minting and redeeming. This ensures accurate pricing for users.

  • DeFi Integration: We work with Chainlink to deploy decentralized oracles for accurate price references and easy integration of our RWAs to DeFi.

  • Arbitrage: Arbitrageurs keep the on-chain price in line with the off-chain price by buying assets on-chain and redeeming them off-chain, or vice versa.

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Last updated 6 months ago