Acquiring Collateral

Sai accepts two types of collateral:

  • USDC.e (bridged USDC)

  • stNIBI (staked Nibiru tokens)

You'll also need NIBI for gas fees to perform transactions on Sai.


Getting NIBI (Gas Token)

NIBI is required for all transactions on Sai. You can acquire it through:

Centralized Exchanges (CEX)

Decentralized Exchanges (DEX)

Bridging


Getting stNIBI (Staked Collateral)

stNIBI is Nibiru's liquid staking token and serves as collateral on Sai.

Step 1: Acquire NIBI

Follow the steps above to get NIBI tokens.

Step 2: Liquid Stake NIBI

  1. Connect your wallet (works with both EVM and WasmVM wallets)

  2. Stake your NIBI to receive stNIBI

Step 3: Cross-Chain Asset Conversion (Optional)

If you need to move stNIBI between EVM and WasmVM networks:

  1. Select the stNIBI asset from your table

  2. Use the FunToken conversion to:

    • Convert stNIBI ERC20 (EVM) → stNIBI Bank Coin (WasmVM)

    • Convert stNIBI Bank Coin (WasmVM) → stNIBI ERC20 (EVM)

Alternative: Trade stNIBI on DEX

Acquire stNIBI directly from decentralized exchanges:


Getting USDC.e (Bridged USDC)

USDC.e is ERC20-standard USDC bridged to Nibiru.

Bridge from Other Chains

Use these bridging protocols to get USDC.e:

Source
Bridge
Link

Base USDC

Stargate (LayerZero)

Arbitrum USDC

Stargate (LayerZero)

Avalache USDC

Stargate (LayerZero)

Cross-Chain Asset Conversion (Optional)

If you need to move USDC.e between EVM and WasmVM networks:

  1. Select the USDC.e asset from your table

  2. Use the FunToken conversion to:

    • Convert USDC.e ERC20 (EVM) → USDC bank coin (WasmVM)

    • Convert USDC bank coin (WasmVM) → USDC.e ERC20 (EVM)


Quick Reference

Collateral
Acquisition
Staking Required
Cross-Chain Support

NIBI

CEX, DEX, Bridge

No

Yes (via FunToken)

stNIBI

Stake NIBI or DEX

Yes

Yes (via FunToken)

USDC.e

Bridge or CEX

No

Yes (via FunToken)


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