Introducing sUSD: Stablehodl’s Receipt Token for Transparent Staking on the HeLa Network

Dear Stablehodl Community,

Today, we’re thrilled to unveil a change addition to our ecosystem: sUSD, a proof of receipt token launched on the HeLa Network. Designed to provide unmatched transparency and on-chain proof of your stake, sUSD is set to redefine how you track and trust your investments on Stablehodl. Let’s dive into what sUSD is, how it works, and why it’s a big deal for our community.

What Is sUSD?

sUSD is a receipt token that represents your staked assets in Stablehodl’s protocol on the HeLa Network, a modular Layer-1 blockchain built for speed and scalability. When you stake stablecoins like HLUSD, USDC, or USDT in stablehodl, sUSD will automatically appear in your staking wallet as a digital “receipt.” This token serves as an onchain record of your stake, offering crystal-clear visibility into your holdings.

Unlike traditional yield-bearing tokens, sUSD is non-yield-bearing, meaning it doesn’t generate additional returns. Instead, its purpose is to enhance trust and auditability. Think of sUSD as your personal ledger, proving your stake in our ecosystem while aligning with Stablehodl’s commitment to transparency. Whether you’re a seasoned holder or new to our community, sUSD makes it easier to track your stablecoin stakes with confidence.

How Does sUSD Work?

Here’s a quick breakdown of sUSD’s mechanics:

• Stake Your Stablecoins: Deposit HLUSD, USDC, or USDT into Stablehodl’s staking protocol on the HeLa Network. These assets fuel our high-yield strategies, historically delivering 10-15% APY through funding arbitrage.

• Receive sUSD Automatically: Once staked, sUSD receipt tokens are minted and sent directly to your wallet. Each sUSD represents your proportional stake 1:1, securely recorded on the HeLa blockchain.

• Track and Verify Onchain: sUSD acts as an auditable proof of your stake, visible to you and verifiable by anyone on the blockchain. This transparency boosts our platform’s total value locked (TVL) visibility and reinforces trust.

• Withdraw with Ease: When you unstake your assets, sUSD tokens are burned, ensuring a deflationary mechanism that keeps the system clean and efficient.

Built on the HeLa Network, sUSD leverages its high-throughput architecture and low transaction fees, making staking and tracking seamless. Plus, with HLUSD as a native stablecoin for gas fees, your experience remains cost-effective and friendly.

Why sUSD Matters? 

In a DeFi landscape where trust is paramount, sUSD sets Stablehodl apart. Here’s why our community should be excited:

• Unmatched Transparency: sUSD’s onchain proof-of-stake design lets you verify your holdings anytime, anywhere. No black boxes, just open ledgers.

• Enhanced Trust: By making stakes auditable, sUSD strengthens confidence in Stablehodl, especially after industry challenges like stablecoin depegging. Our robust collateralization with HLUSD, USDC, and USDT ensures sUSD’s stability.

• HODLer-Centric Design: sUSD aligns with our long-term holding philosophy. It’s not about chasing short-term yields; it’s about building a secure, transparent foundation for your crypto journey.

• Seamless Integration: sUSD auto-appears in your wallet, requiring no extra steps. Stake, HODL, and let sUSD do the rest.

 

What’s Next for sUSD?

sUSD is LIVE now, with details on the mainnet found here on the doc. Here is what you need to do next:

• Add sUSD Contract Address In Your Wallet: 
  0x52b7a374399e3403a852964AfD574ab9eeb09DB3
• Token Decimal: 18 

• Join the Conversation: Join our Discord or follow @StableHodl on X for real-time updates. Ask questions, share your excitement, and help shape Stablehodl’s future.

• Spread the Word: Share this post with your fellow HODLers by tagging #Stablehodl and #HLUSD. Let’s show the crypto world what transparent staking looks like!

A New Chapter for StableHodl

sUSD is more than a receipt token—it’s a testament to Stablehodl’s mission to empower HODLers with secure, transparent, and innovative DeFi solutions. As we gear up for this launch, we’re grateful for our community’s unwavering support over the past one year. Together, we’ve weathered bull runs, bear markets, and everything in between. With sUSD, we’re taking transparency to the next level, ensuring your stakes are as rock-solid as your HODLing resolve.

Stay tuned for more updates, and keep those stablecoins locked in. The future of staking is here, and it’s called Stablehodl.

To the future of stable yields,
The StableHodl Team