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    Metastable

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    TL;DR

    A decentralized stablecoin built on Sui

    Dossier

    ## Overview Metastable is a decentralized stablecoin protocol built on the Sui blockchain. It operates as a collateral debt position (CDP) platform, allowing users to mint stablecoins by locking cryptocurrency assets as collateral. The protocol aims to provide a native stablecoin solution within the Sui ecosystem, reducing reliance on wrapped or bridged stablecoins from other chains. The need for decentralized stablecoins on layer-1 blockchains remains a core infrastructure requirement. Sui, as a high-throughput blockchain, benefits from native stablecoin options that can settle transactions q