What is Stasis?
Stasis is a protocol maintaining rSTS, a yield-bearing token backed by USDC and designed to generate stable returns through delta-neutral strategies.
The protocol's main features include:
Issuance and redemption of rSTS against USDC deposits;
Maintaining delta-neutral positions through perpetual futures on Hyperliquid;
Generating stable yield (5-6% APY) through funding rate arbitrage;
Auto-compounding mechanism that automatically reinvests earned yield.
Both deposits and withdrawals can be executed by users on a 1:1 basis with USDC, while the rSTS token automatically accrues value over time through the protocol's yield generation activities.
Core Architecture
+---------------------+ +--------------------------+ +--------------------------+
| User Deposits | | Stasis Vault | | Vault Wallet |
| (USDC) | -----> | (Mint rSTS Token) | -----> | (USDC Holding) |
+---------------------+ +--------------------------+ +--------------------------+
|
v
+--------------------------+
| Bot Executor |
| (Off-chain) |
+--------------------------+
|
v
+--------------------------+
| Hyperliquid Exchange |
+--------------------------+
|
v
+--------------------------+
| Delta-Neutral Strategy |
| (BUY SPOT / SHORT PERPS)|
+--------------------------+
|
v
+--------------------------+
| Yield Accrual Logic |
| (Exchange Rate Increases)|
+--------------------------+
|
v
+---------------------------+ <------------------------------------+
| rSTS Redemption |
| (User Claims USDC) |
+---------------------------+Key Benefits
🛡️ Market Neutral
The protocol maintains delta-neutral positions, protecting users from cryptocurrency market volatility while still generating yield.
💰 Stable Returns
Target APY of 5-6% through systematic funding rate arbitrage, providing predictable returns in volatile markets.
🔄 Auto-Compounding
The rSTS token automatically accrues value as yield is generated and reinvested, eliminating the need for manual claiming.
💧 Instant Liquidity
No lock-up periods or withdrawal fees - users can deposit and withdraw at any time based on the current exchange rate.
🔒 Non-Custodial
Users maintain full control of their funds through smart contracts deployed on Avalanche, with transparent and auditable operations.
How It Works
Deposit: Users deposit USDC and receive rSTS tokens at the current exchange rate
Strategy Execution: The protocol deploys capital in delta-neutral positions on Hyperliquid
Yield Generation: Funding rate arbitrage generates consistent returns
Auto-Compounding: Earned yield is automatically reinvested, increasing the rSTS exchange rate
Withdrawal: Users can redeem rSTS for USDC at any time at the current exchange rate
Target Users
Stasis is designed for:
Conservative DeFi investors seeking stable yield without market exposure
Institutions requiring predictable returns for treasury management
Yield farmers looking for consistent, auto-compounding strategies
Risk-averse users who want DeFi yields without cryptocurrency price risk
Next: rSTS Token
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