General information

Basics

Name	stabble
Ticker	STB
Networks	Solana
Initial price	$0.03
Max. token supply	500,000,000
Initial market cap. (incl. liquidity)	$1,241,250
Initial market cap. (excl. liquidity)	$566,250
Initial circulation supply (excl. liquidity)	18,875,000
Initial circulation supply (excl. liquidity) %	3.78%
Fully diluted market cap.	$15,000,000

$STB on Solscan

$STB & veSTB token utilities

$STB is our primary utility token. For locking $STB tokens within our staking pool, users receive veSTB (ve = vested escrow) tokens, which enable multipliers, governance functions, and discounts. The veSTB tokens are non-transferable.

1. Staking rewards: 14% of all protocol-generated fees will be distributed towards the $STB staking pool, veSTB holders can receive an APY multiplier of up to 4.32x.

2. Trading discounts for veSTB holders, see below for more details.

3. Governance: The stabble DAO will be governed by veSTB holders.

Trading discounts for veSTB holders

Tier 1	Tier 2	Tier 3	Tier 4	Tier 5
>100,000 veSTB	>200,000 veSTB	>400,000 veSTB	>800,000 veSTB	>1,600,000 veSTB
10%	20%	30%	40%	50%

Tier 6	Tier 7	Tier 8	Tier 9	Tier 10
>3,200,000 veSTB	>6,400,000 veSTB	>12,800,000 veSTB	>25,600,000 veSTB	>51,200,000 veSTB
60%	70%	80%	90%	100%

How to get veSTB tokens

Users can lock their $STB tokens for 1 between 30 months within our staking smart contract and will receive veSTB tokens in return.

The veSTB multiplier

The formula for the veSTB multiplier is the following:

multiplier = 1.05ˣ, whereas x is the number of locked months.

Through implementing these veSTB tokenomics, we incentivize users to lock their tokens and keep them out of the available supply and reduce the sell-pressure on a long-term basis. On top of that, we are protecting our governance mechanisms as we require our users to lock their tokens for a minimum of one month before participating.