Stablecoin Issuer · Review
Samecoin Review 2026: Stablecoin tools, limited detail
Samecoin is a BNB Chain stablecoin protocol whose documentation describes minting, redemption, saving, LP staking and governance. The core mechanics and important operating details are not clearly explained.
By the DappsAtlas editorial team · Updated
DappsAtlas score
—/10
Not rated
Our verdict on Samecoin
Samecoin may interest BNB Chain users looking for a protocol that lists stablecoin minting and redemption alongside saving and LP staking. Its documentation gives a basic outline of those functions, but does not explain the backing model, operating terms or fees in enough detail to judge how the system works or what users can expect. The listed CertiK audit section also lacks clear scope and findings. Review current contract and product details carefully before committing funds.
Score breakdown
How Samecoin scores
- Security
- n/a
- Ease of use
- n/a
- Fees
- n/a
- Features
- n/a
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is Samecoin?
Samecoin is a decentralized stablecoin protocol documented for BNB Chain. Its documentation describes minting, redemption, saving, LP staking and governance, and refers to SAME, SUSD, SameUSD and SameEuro.
The documentation notes that some sections may be unfinished. It does not clearly explain the stablecoins' backing, stability mechanism, fees or operating terms, making it difficult to assess the protocol beyond its listed features.
How Samecoin works
Samecoin describes itself as a decentralized stablecoin protocol on BNB Chain. Its documentation lists minting and redeeming, alongside saving, LP staking and governance. It also refers to SAME and SUSD, and pages about SameUSD and SameEuro.
The documentation does not explain the collateral, pricing or stability mechanisms in enough detail to assess how the stablecoins maintain their value. It also does not set out the terms for saving or LP staking, so users should not assume returns or redemption conditions without checking the current interface.
3 features
Key features
01
Mint and redeem
The documentation lists minting and redeeming as core protocol functions, but does not explain their precise terms.
02
Save
A saving feature is listed, though its rates, conditions and risks are not specified.
03
Staking and governance
The protocol lists LP staking and governance, without enough detail here to assess their mechanics.
Pros and cons
What we like
- The documentation identifies BNB Chain as the network.
- Minting, redemption, saving and LP staking are all listed as protocol functions.
- The docs include a getting-started sequence for connecting a wallet and using the protocol.
Watch out for
- The documentation says some sections may be unfinished and appears not to have been updated recently.
- The minting, redemption and saving mechanisms are not explained in detail.
- Fees and the protocol's collateral and stability mechanisms are not stated.
- The documentation does not clarify the scope or findings of the CertiK audit section it lists.
Samecoin fees
Fees are not published in the documentation described here. Check the protocol interface and wallet transaction details before confirming a transaction; network fees may also apply.
Is Samecoin safe?
The documentation includes an Audit by CertiK section, but its scope and findings are not clear from the information presented. The protocol's collateral model and smart-contract risks are also not explained in sufficient detail here. Treat these uncertainties as material before interacting with contracts.
Fees, team details and regulatory status are not stated. Stablecoin and liquidity-provider positions can carry market, contract and redemption risks.
5 steps
How to get started with Samecoin
- 1
Set up a wallet that supports BNB Chain.
- 2
Obtain a BEP-20 token for the actions you plan to take, checking the protocol's current requirements first.
- 3
Connect your wallet to the protocol interface.
- 4
Review the minting or redemption terms before submitting a transaction.
- 5
If using saving or LP staking, check the current conditions and risks before committing funds.
Who Samecoin is for
Samecoin may suit users researching stablecoin protocols on BNB Chain who want minting, redemption and liquidity features in one place. It is a poor fit for anyone who needs clearly documented collateral, fees, returns or audit findings before deciding whether to use a protocol.
Samecoin FAQs
Which blockchain does Samecoin use?
Samecoin's documentation describes the protocol as running on Binance Smart Chain, which is now commonly called BNB Chain. It does not list other supported chains.
What can you do with Samecoin?
The documentation names minting, redemption, saving and LP staking as protocol features. It does not provide enough detail to explain the exact requirements or risks of each process.
What fees does Samecoin charge?
Fees are not published in the documentation described here. Check the current protocol interface and transaction details before signing anything.
Compare
Samecoin alternatives
Ethena USDtb is a USD stablecoin from Ethena Labs backed by tokenized treasuries, including BlackRock's BUIDL, aimed at DeFi users and institutions.
M0 is modular stablecoin infrastructure that lets businesses design, distribute and issue custom stablecoins, with about $224M TVL on Ethereum.
Agora is a US fintech issuing AUSD, a full-reserve ERC-20 dollar stablecoin for institutions, with white-label stablecoin and API services.
Flying Tulip ftUSD is a USDC and USDT-backed stablecoin that earns Aave yield, with a staked sftUSD form paying FT rewards, for DeFi yield seekers.
Ethena USDe is an Ethereum-based synthetic dollar stablecoin that aims to hold near $1 using hedged crypto collateral, for DeFi users.
Bastion provides businesses with APIs for branded stablecoin issuance, custodial wallets, transfers, and fiat on- and off-ramps.
Same category
More Stablecoin Issuers
Felix USDhl is a fiat-style stablecoin built for the Hyperliquid ecosystem, aimed at HIP-3 markets, FX and payments.
Num Finance describes local-currency stablecoins and tokenized investments for institutions, fintechs and exchanges.
Dai is an Ethereum stablecoin designed to track the U.S. dollar, for users seeking collateral-backed onchain dollar exposure.
Usual EUR0 is a euro-pegged stablecoin on Ethereum, described as backed by EU-issued T-Bills, for users wanting on-chain euro exposure.
USDD is a TRON-linked dollar stablecoin for holders who want a USD-pegged token on TRON, BNB Chain or Ethereum.
JPYC is a stablecoin designed to track the Japanese yen at 1:1, issued on Astar Network, for readers who want a yen-denominated token on-chain.
Same chain
More on BNB Chain
Aave V3 is a non-custodial DeFi lending protocol on 21 chains where users earn interest on deposits or borrow against collateral.
Uniswap V4 is the latest Uniswap DEX version with hooks and concentrated liquidity, running on 22 chains for self-custody token swaps and liquidity provision.
Uniswap V3 is a non-custodial decentralized exchange protocol for token swaps and concentrated liquidity provision across 40+ chains.
LayerZero V2 is a cross-chain messaging protocol and bridge infrastructure for developers and asset issuers, connecting dozens of blockchains.
Morpho Blue is a permissionless lending primitive with about $11.4 billion in TVL on DefiLlama, accessed mainly through curated vaults.
Uniswap V2 is a non-custodial automated market maker DEX on 17 chains for token swaps and liquidity provision, with about $938M TVL.
How we checked
Sources
No public sources were recorded for this review.
Last updated . Spotted an error? Tell us and we will correct it.