Introduction
The SUN Minimeal STABLE (STBL) token is a utility token that serves as access to SUN Minimeal and can protect against inflation. He can also generate additional STBL through farming (staking).
Last updated
The SUN Minimeal STABLE (STBL) token is a utility token that serves as access to SUN Minimeal and can protect against inflation. He can also generate additional STBL through farming (staking).
Last updated
Inflation pushes food prices up
Inflation is making our food more and more expensive. As prices rise, people usually only afford cheap food, which can have a negative impact on their health.
The SUN Minimeal STABLE (STBL) Token
The utility of the STBL token is unique in many ways. It is not tied to a currency, but rather to a food item through a community.
A conventional stable coin is usually tied to the US dollar. When the dollar loses value due to inflation, stable coins such as USDC, USDT, DAI and all other dollar-pegged stable coins also lose value. STBL solves that problem. If food prices rise due to inflation, the STBL also raises in value.