Discussions
Zero slippage for BraleIssued-stablecoin USDC swaps?
I think I follow the idea behind the mint/burn mechanics enabling zero slippage for BraleIssued-stablecoin to BraleIssued-stablecoin swaps. However, suppose that a trader has a BraleIssued-stablecoin that she wants to trade for USDC. Since Brale doesn't have the ability to mint USDC, what are the mechanics here? Does the protocol hold a quantity of USDC for this purpose? If so, how is that managed? Does the protocol mint UDSC with reserve USD through Circle? Thanks!
Fees for On-Ramping/Off-Ramping Stablecoins via ACH or Wire?
I’m looking to understand the cost structure for moving funds in and out of Brale using ACH or wire transfers. Specifically, what are the fees involved when on-ramping or off-ramping stablecoins? Are there any hidden costs like platform fees, bank fees, or spread margins I should be aware of?
SBC contract address on Base Sepolia
Hi,