- The Stability Pool pays out both LOAN token and PLS to the Stability Providers.
- The LOAN token yield comes from a time-based emission schedule which halves in rate every year.
- The PLS yield comes from liquidation gains. This happens because Stability Providers use a portion of their USDL to pay the debt of liquidated vaults. For a reward, they gain the PLS which is roughly 110% as valuable as the USDL they have lost.
Connor
Connor is a US-based digital marketer and writer. He has a diverse military and academic background, but developed a passion over the years for blockchain and DeFi because of their potential to provide censorship resistance and financial freedom. Connor is dedicated to educating and inspiring others in the space, and is an active member and investor in the Ethereum, Hex, and PulseChain communities.