USDB, a stable token backed by BNT, can be used to create stable liquidity pools on Katana Pools.
Stable:Stable pools (e.g., DAI:USDB or USDT:USDB) eliminate price movements in the pool’s assets, eliminating impermanent loss arising from normal token fluctuations and maximizing the profitability of conversion fees.
Navigate to the USDB page on Peg Network
On the Quick Actions
tab in the Deposit
section, click Unlock BNT
Confirm this transaction
On the Quick Actions
tab in the Borrow
section, you'll see the balance you have available to mint. This will be 50% of the value of the BNT you’ve deposited
Input the amount you'd like to borrow in USDB and click Borrow
Confirm this transaction