stabble documentation v1.0
  • introduction
    • Welcome
    • Background
    • Why stabble
  • The protocol
    • General information
    • stabble's innovations
    • Supported wallets
    • Swaps
    • Liquidity Pools
    • $STB staking
    • LP token staking
  • $STB & veSTB token
    • General information
    • Tokenomics
    • Airdrop — Season 2
  • Appendix
    • Fees
    • Team
    • Roadmap
    • Legal disclaimer
    • References
  • links
    • Technical Whitepaper
    • www.stabble.org
    • Discord
    • Telegram
    • X
    • Medium
    • Github
    • Security audits
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On this page
  • Basics
  • $STB & veSTB token utilities
  • How to get veSTB tokens
  • The veSTB multiplier
  1. $STB & veSTB token

General information

PreviousLP token stakingNextTokenomics

Last updated 12 days ago

Basics

Name

stabble

Ticker

STB

Networks

Solana

Initial price

$0.040

Max. token supply

500,000,000

Initial market cap. (incl. liquidity)

$1,695,000

Initial market cap. (excl. liquidity)

$695,000

Initial circulation supply (excl. liquidity)

17,375,000

Initial circulation supply (excl. liquidity) %

3.48%

Fully diluted market cap.

$20,000,000

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

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.

$STB on Solscan