Questions about the USDFI ecosystem

What’s the difference between the USDFI and STABLE tokens?

STABLE is the ecosystems governance token, while USDFI is the ecosystem’s native, decentralized stablecoin. Please refer to the documentation for more info here

Is STABLE a native BNB chain token? What about USDFI?

STABLE is a multichain native token, just like USDFI. It’s native on the BNB chain and all other EVM compatible chains and features the same hash on all chains.

The USDFI protocol is a buyer of last resort and automated market maker of last resort of last resort. What does that even mean?!

The buyer of last resort (BLR) is a mechanism used DeFi to stabilize the price of a specific cryptocurrency. It is based on the concept of the lender of last resort in traditional monetary systems, where a central bank acts as a lender of last resort to stabilize the financial system.
The protocol’s treasury automatically engages as a BLR and redirects its revenues to buying back unlimited USDFI at a higher price, in perpetuity, until price stability at the peg is reinstated.
The automated market maker of last resort (AMMLR) is a mechanism used in DeFi to stabilize the price of a specific cryptocurrency by providing liquidity to the market. For example, when the price of a cryptocurrency drops, the AMMLR mechanism is triggered and uses its revenues to buy the cryptocurrency at a discount, providing liquidity to the market, and helping to restore price stability. The opposite occurs when the price of a cryptocurrency rises, the AMMLR mechanism sells the cryptocurrency at a premium, providing liquidity to the market, and helping to restore price stability. Both mechanisms are unique to USDFI.