Key Features
- Stablecoin Focus: Stabble specializes in the trading and liquidity provision of stablecoins, which are cryptocurrencies pegged to stable assets like the US dollar. This focus provides a reliable medium of exchange and store of value within the DeFi ecosystem.
- Frictionless Trading: The platform emphasizes a user-friendly interface and automated processes to reduce the complexities and frictions associated with DeFi trading, integrating advanced trading bots and market-making algorithms to ensure liquidity and tight spreads.
- High Performance: Built on Solana, Stabble benefits from the blockchain’s capability to process up to 65,000 transactions per second with sub-second finality. This high performance ensures that transactions on Stabble are fast and cost-effective compared to those on other blockchains like Ethereum.
Technological Innovations
Stabble integrates several innovative technologies and practices to enhance its functionality and user experience:
- Automated Market Makers (AMMs): The platform utilizes AMMs to facilitate decentralized trading and liquidity provision. These AMMs automatically adjust prices based on supply and demand, ensuring continuous liquidity for trading pairs.
- Arbitrage and Market-Making Bots: Stabble employs sophisticated trading bots that perform arbitrage and market-making functions, exploiting price discrepancies across different platforms and providing liquidity.
- User-Centric Design: The platform’s interface is designed to be intuitive, catering to both novice and experienced traders, simplifying complex DeFi interactions.
Tokenomics
Stabble’s native token, $STB, is integral to its ecosystem, with a total supply of 500 million tokens. The tokenomics of STB are designed to ensure balanced distribution and incentivize various stakeholders within the ecosystem.
Token Distribution:
Stabble’s native token, $STB, plays a crucial role in its ecosystem. The total supply of STB is 500 million tokens, distributed as follows:
- Pre-seed: 4% (20 million STB)
- Seed: 8% (40 million STB)
- Private: 9% (45 million STB)
- IDO: 7% (35 million STB)
- Team & Advisors: 18% (90 million STB)
- Marketing & Airdrops: 3% (15 million STB)
- Staking & LP Incentives: 3% (15 million STB)
- Reserve: 36% (180 million STB)
- Liquidity: 12% (60 million STB)
IDO and Fundraising
Stabble conducted multiple fundraising rounds to support its development and growth, and even has more planned for the near future.
At the time of writing, Stabble has:
- Raised a total of $4.20 million, with $1.59 million from public sales and $2.61 million from funding rounds.
- The IDO price was set at $0.0175 initially, and has since risen to $0.03 per $STB, with various lock-up periods to ensure gradual release and stability in the market.
- More up to date details can be found here.
Future Prospects
Stabble aims to continue expanding its offerings and improving its platform to cater to the growing demands of the DeFi community. Future developments may include the introduction of new stablecoin pairs, advanced trading features, and further optimization of its trading algorithms to maintain competitive advantage and market relevance.
For more information, visit Stabble’s official website and Stabble’s documentation.
