sYANG, issued by Stablestocks Lab Limited, is a tokenized stock representing a single underlying share of the Direxion Daily FTSE China A50 Bear 3X Shares (YANG), held in custody with licensed brokers and tracking the fund's market price onchain. [S1][S2]

Each sYANG token is backed 1:1 by one share of the Direxion Daily FTSE China A50 Bear 3X Shares (YANG), a leveraged inverse exchange-traded fund, and tracks its live market price. [S1][S2] Holders receive economic rights, and if the underlying issues a distribution and eligibility requirements are met, holders receive a corresponding amount, but no voting rights. [S1][S2] StableStock charges a Service Fee of 0.1% of transaction amount across products. [S3]

Stablestocks Lab Limited, incorporated in the British Virgin Islands and operating from Singapore, does not hold financial-services licenses and disclaims being a regulated financial entity, relying on broker partners holding an Australian Financial Services Licence (AFSL), a Hong Kong SFC Type 1 License, and a U.S. Money Services Business (MSB) Registration. [S2][S4][S5] An sToken is the tokenized representation of a real-world stock held in custody with licensed brokers. [S1][S2] Tokenized equities are offered only to Qualified Investors through affiliated entities, are unregistered under the U.S. Securities Act of 1933, and barred from U.S. persons. [S4] Holders may redeem and burn sYANG at any time to retrieve the underlying share.

sYANG is issued and tradable on BNB Chain through a liquidity partnership with Native. [S1][S6] Users mint sYANG by depositing brokerage-held shares 1:1 and burn tokens to redeem the underlying share, with Mint, Burn, Buy, and Sell records written permanently onchain. [S1][S7] Reserve coverage is published per-asset and verified through weekly assurance reports based on broker settlement and custodian data. [S7]

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    { id: "S1", url: "https://stablestock.gitbook.io/ss/concepts/stokens" },
    { id: "S2", url: "https://stablestock.gitbook.io/ss/llms-full.txt" },
    { id: "S3", url: "https://stablestock.gitbook.io/ss/concepts/spot/fee.md" },
    { id: "S4", url: "https://stablestock.gitbook.io/ss/legal/terms_of_use.md" },
    { id: "S5", url: "https://stablestock.gitbook.io/ss/introduction/trust-and-security.md" },
    { id: "S6", url: "https://stablestock.gitbook.io/ss/concepts/stokens.md" },
    { id: "S7", url: "https://stablestock.gitbook.io/ss/concepts/transparency" },
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Tokenized stocks

StableStock earns revenue from transaction fees on sStock issuance and redemption via its StableBroker product, and from the spread between deposit/withdrawal flows. Distribution is direct-to-retail (StableBroker app) and B2B via wallet/exchange integrations on BNB Chain.

StableStock issues sStock tokens — ERC-20 tokens on BNB Chain backed 1:1 by the underlying U.S. equity or ETF held at a licensed custodian. The product catalog spans 500+ tokenized stocks and ETFs (e.g. sAAPL, sNVDA, sTSLA, sQQQ) including newly-IPO'd names like sCRCL (Circle) and sBLSH (Bullish) and leveraged/inverse exposures. All sStocks are deployed as BeaconProxy contracts from a single upgradeable factory.

StableStock is an onchain stock asset platform that lets users buy and trade U.S. stocks and ETFs using stablecoins. StableStock is the issuer of sStock tokens — tokenized representations of equities — and is backed by YZi Labs (formerly Binance Labs) among others.

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Real-world asset (RWA) issuers

StableStock

StableStock Direxion Daily FTSE China A50 Bear 3X Shares (sYANG) is a token tracking the underlying shares, backed by dedicated collateral with HabitTrade as broker.

Each token tracks one underlying share, entitles holders to dividends, and carries no voting rights.

Residents of the United States and Hong Kong cannot mint or redeem with StableStock.

sYANG is native to BNB Chain as an ERC-20 token.

StableStock Direxion Daily FTSE China A50 Bear 3X SharessYANG

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