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Fully-BackedYield-BearingSubsidyPowered

The Next Generation
DeFi Stablecoin Protocol

Supported Assets
Saga Dollar
More assets coming

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Colt Manifest

Colt is a new stablecoin protocol that mints fully-backed, yield-bearing stablecoins, starting with $D. Each stablecoin is backed 1:1 with real, exogenous assets like USDC and yield-bearing equivalents.

Unlock the full revenue potential of underutilized assets and redirect that revenue to supercharge stablecoin adoption across Saga DeFi.

Live now on SagaEVM, powered by Saga’s Liquidity Integration Layer. Optimized for yield velocity and protocol-level incentives.

Protocol

Step 01

Deposit & Mint

Deposit $USDC to mint $D, Colt’s flagship stablecoin.

Step 02

Convert to Yield-Bearing Reserves

Backing assets are upgraded to yield-bearing equivalents. Colt earns yield on reserves in real time.

Step 03

Redirect Revenue 
as Subsidies

Rather than paying idle holders, Colt deploys revenue to DeFi protocols, like lending markets, to boost usage and demand for $D.

Benefits

01

Stablecoin Lenders 
& Borrowers

Borrowers enjoy subsidized rates. Lenders benefit from high yields.

02

Yieldcoin & LST Loopers

Colt plugs into recursive strategies across $D, $ETH, LSTs, and more.

03

Stablecoin Liquidity Providers

Earn points and rewards for providing deep, sticky liquidity.

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Points Program: Lend, borrow, or LP any Colt stablecoin and earn Colt Points — Points convert 1:1 into utility and governance tokens at TGE.

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Governance

Following TGE, $COLT token holders will gain full rights to govern the protocol, spanning emissions, new stablecoin listings, integrations, and more

Learn more

FAQs

Colt is a next-generation stablecoin protocol engineered to create and sustain high-velocity DeFi ecosystems. Its suite of fully-backed, yield-generating stablecoins (e.g. $D, $SETH) is powered by reserves that earn yield from external assets. Colt then recycles that yield into the system as adoption subsidies.