Stabble, the first DEX protocol that eliminates financial losses by reducing price impacts and impermanent loss risk to near zero, has announced the upcoming $STB token offering starting May 28th, 2024 at 5:00 PM UTC on the TrustSwap Launchpad.
Introducing Stabble
Stabble is revolutionizing the Solana DEX landscape by providing a seamless and frictionless experience for both traders and liquidity providers. By introducing a groundbreaking approach to protocol-managed liquidity and arbitrage, Stabble tackles critical issues prevalent in existing DeFi ecosystems, including impermanent loss, low APYs for liquidity providers, and high price impact for traders.
By integrating protocol-owned liquidity and arbitrage, Stabble reduces costs and improves returns for people trading and providing liquidity on the platform. Users of Stabble enjoy a near-zero price impact trading experience, while liquidity providers earn higher APYs compared to other protocols.
Stabble's unique platform architecture adds a ~20% APY opportunity by stopping arbitrage-driven TVL drain and needs 80% less liquidity to operate than other DEXs due to their dynamic liquidity adjustments. It also enables liquidity bootstrapping due to 20/80 pools and time-adjustable pool fees.
How It Works
Stabble features several innovative advancements that make it stand out among other decentralized exchanges.
Frictionless swap experience: By executing fractionalized orders, Stabble offers a truly frictionless protocol where traders benefit from near-zero (maximum of 0.2%) price impacts, allowing for seamless execution of trades.
Protocol-managed liquidity: Stabble implements protocol-managed liquidity to reduce impermanent loss risks and maximize APY for liquidity providers. This unique feature ensures that liquidity providers can enjoy higher returns compared to other protocols but also contributes to price stability by reducing slippage.
Cross-exchange arbitrage pools: A unique combination of arbitrage strategies allows Stabble to offer more efficient prices for traders while excluding external arbitrage traders. This innovative approach greatly reduces impermanent loss risks for liquidity providers while boosting their APY.
Unique token design: Stabble's native token, $STB, offers various benefits to token holders. Staking $STB tokens allows users to earn rewards, while locked $STB tokens are converted into veSTB tokens, which enable governance and fee discounts. Depending on the lockup period, the receiving veSTB amount follows a multiplier which means the staking APY and voting power can reach up to 4.32x. This unique token economy fosters long-term engagement and participation in the protocol's governance and reduces sell pressure.
Margin liquidity: Stabble uses margin liquidity, which is over 8,000 times more capital efficient than Uniswap’s V3 concentrated liquidity.
$STB Token Utility
$STB is the utility and governance token powering the Stabble ecosystem.
When users lock $STB tokens or liquidity within the Stabble smart liquidity routing pools, they receive veSTB (ve = vested escrow), which enables APY multipliers, governance functions, and discounts.
- Staking Rewards: Stabble liquidity pools earn fees between 0.1% to 2.5% per trade. Of that fee, 14% is distributed to the $STB staking pool. veSTB holders receive an APY multiplier of up to 4.32x.
- Trading Discounts: veSTB holders can receive discounts on trading fees on Stabble.
- Platform Governance: Features like smart liquidity routing or margin liquidity will be governed by veSTB holders.
Meet The Team
The Stabble team has built DeFi protocols with over $1.8+ billion TVL, includes a Ph.D. in Behavioral Finance, and has released multiple scientific research papers in the DeFi field on Arbitrage & DeFi Inefficiencies.
Kilian (CEO): Kilian has an in-depth understanding of both traditional and decentralized finance. With a proven track record of advising over 15 different crypto projects and co-creating an IDO launchpad with a $35 million token valuation, his expertise is invaluable. Kilian's educational background in Applied Mathematics and Mechanical Engineering further solidifies his ability to lead Stabble to new heights.
Keisuke (CTO): As the former Lead Developer at Marinade Finance, which reached a peak of $1.8+ billion TVL, and the former CTO of OneRing Finance, Keisuke has demonstrated the ability to develop and manage complex decentralized financial platforms. With a B.Sc. in Software Engineering, Keisuke has the technical expertise and industry knowledge required to steer Stabble toward groundbreaking innovation.
Holmes (Full-stack Developer): With his previous roles as a Frontend Web3 Developer at OneRing Finance, Full Stack Web3 Developer at Parasol Finance, and Senior Full-stack Developer at Expaus Inc., Holmes has honed his skills in creating and maintaining robust decentralized platforms. His expertise in web3 development and full-stack engineering makes him an invaluable asset to the stabble team.
Lennart (CPO): Lennart is a seasoned Research Scientist and Ph.D. candidate in Finance, specializing in Behavioral Finance and DeFi Inefficiencies at the Otto-von-Guericke-University Magdeburg. His unique insights into the world of decentralized finance, combined with his dedication to studying and understanding the intricacies of DeFi efficiency, make him the ideal candidate to help Stabble revolutionize the DeFi landscape and create a more efficient and user-friendly platform for all.
Roadmap
Stabble is launching on Solana with plans to integrate other blockchains in the future.
Learn More
To learn more about Stabble and the $STB token, click the links below.
Token Offering Details
This is a Public Round token offering for $STB token launching on Solana. TGE and exchange listings are planned for June 13th.
Tokenomics
Secure Launch Process
To ensure a smooth launch, the Stabble team has agreed to:
- Have their domain fully SSL certified one week prior to the launch date.
- Have their domain protected by Cloudflare and share the proof with TrustSwap prior to the launch date.
- Disclose the vesting schedule of all tokens, including team, strategic investors, private presale, influencers, etc.
- Distribute tokens to launchpad participants within one hour of exchange listing.
- Provide the timeline for token distributions and distribute tokens within a one-hour window of the agreed-upon time.
- Have at least one community moderator on each social platform (Twitter, Telegram, etc.) actively available 24 hours a day for the first 7 days following the launch.
Participation and Allocation
This Launchpad offering is for a Public Round allocation of the $STB token. Anyone who wants to join can apply, but the application does not guarantee an allocation.
As always, anyone with a $SWAP Staking Score of at least 4,000 can receive a guaranteed allocation provided that individuals (and entities) pass KYC (jurisdictional restrictions apply). Token allocation will be split up among eligible participants proportionately based on their percentage of the total combined Staking Scores. Any unclaimed allocations after the initial funding round will be offered to those who might otherwise be ineligible.
Visit the TrustSwap Dashboard to check your staking score. You can add more SWAP and/or increase the duration of your stakes at any time to increase your Staking Score. To learn more about Staking Scores and the TrustSwap Long-Term Staking Pool (LTSP), read our comprehensive blog post.
Step-By-Step Guide
Prepare for Launch Day by ensuring that your SWAP stakes are topped up before the snapshot. You can also complete your KYC in advance.
- On May 28th, 2024, at 5:00 PM UTC, the application window will open for 24 hours. During this time, go to the TrustSwap Launchpad and click the “Start” button to apply. The snapshot will be taken at 5 PM UTC on May 29th, 2024 (24 hours after the launch event begins).
- Complete all of the steps required for KYC verification. This can be done in advance at any time for free in just a few minutes. To save time on launch day, complete your KYC registration now.
- On May 29th, 2024, at 5:00 PM UTC, the application portal will close, and a snapshot will be taken of all active SWAP stakes. There will then be a waiting period of up to 48 hours as the team finalizes internal processes.
- Successful applicants will receive an email confirming their total allocation (the maximum amount they are allowed to contribute to the token offering) and asking how much they wish to contribute. Individual allocations will be either the full allocation or the pledged amount, whichever is lower.
- You will have 24 hours to send funds. After 24 hours, your position will be given to the next in line, and you will lose it. Payments must be sent in USDC or USDT on either Ethereum (ERC20), BSC (BEP20), or Polygon (MATIC) blockchain.
- Any tokens that are unclaimed after the initial funding round may be offered to those who applied successfully but were not eligible for guaranteed allocations.
How To Prepare
- Based on the requirements set for a guaranteed allocation, stake your $SWAP tokens in the Long-Term Staking Portal before the snapshot on 5/28/2024 at 5:00 PM UTC.
- Take a photo of your government-issued ID card (Passport, Drivers License, or any other form of government-issued ID card that has your photo in it).*
- Take a selfie of yourself holding the ID card along with a note that reads: “STB 2024”.*
- Make sure to follow the TrustSwap Announcement channel for updates and confirmations.
- Submit your details and documents at any point during the 24-hour launch window at https://dashboard.trustswap.org/app/launchpads.
Note: Steps 2 and 3 are not necessary if you have an active KYC registration. You can save time by pre-registering at https://dashboard.trustswap.org/app/sekuritance.
Who Can Participate in the $STB Token Offering?
Anyone not domiciled in the USA or UN-sanctioned countries can participate in the $STB Public Round token offering.
Disclaimer: Launchpad dates and details are subject to change. This is not an endorsement, partnership, or offer for investment by TrustSwap. Stabble is using the TrustSwap Launchpad as a customer, with specific requests as to how they need their launch to operate. TrustSwap is a provider of non-custodial, smart-contract-based software services. Digital assets carry a high level of risk. Participation is performed at your own risk. Exercise caution and conduct your own due diligence.