Stabletez | Tezos Stablecoins
Stablecoins built on the Tezos blockchain in the Tezos FA token standard (the Tezos community token standard). Assets include USDtz, (as well as BTCtz, GLDtz, EURtz, and ETHtz, and many more). Each of these smart-contracts wrap their namesake asset by hard collateral types, respectively. StableTez
The collective governance token for these assets is the SABZ token, which can be yielded through staking of USDtz and other Stabletez tokens. Upon the upcoming release of future FA upgrades, these stablecoin smart-contracts will be instantiated under a parent Stabletez smartcontract, to which SABZ token is the governing instrument.
WXTZ | Wrapped Tezos
MAJOR UPDATE OCTOBER 2020 (See update below)
UPDATE: For the benefit of the Tezos economic ecosystem, WXTZ will be launched subsequent to the launch of the Tezos.Finance lending system (below). [Note: this percaution is with regard to StableTech's 'WXTZ' only. Many similarly named products exist on the market not produced by StableTech nor its partners.]
Wrapped XTZ (Symbol: wXTZ) is an ERC-20 token that is pegged to backed Tezos (XTZ). WXTZ is backed by hard XTZ collatera. It is designed to enable Tezos trading on Ethereum markets, like Uniswap and 1inch. Collateral XTZ is responsibly staked for the benefit of the Tezos ecosystem. Over time and with upgrades, increasing programmatic features will come to wXTZ, enabling more yield-generating aApps by 3rd party developers and 3rd party DeFi platforms.