With a sharp eye for spotting high-potential blockchain projects and exceptional teams, ChainGPT Pad, the revolutionary Web3 launchpad of 2023, is set to disrupt the industry once more. This winning formula already propelled us to the top of the IDO launchpads in February 2024, and true to our mission of unearthing blockchain gems, we’re thrilled to introduce Stabble, the first frictionless exchange protocol on Solana!
Revolutionizing DeFi Liquidity and Trading on Solana with Stabble
Stabble is a groundbreaking protocol on the Solana blockchain designed to enhance liquidity and trading within the decentralized finance (DeFi) ecosystem. It addresses common issues like impermanent loss and low annual percentage yields (APYs) for liquidity providers while reducing price impact for traders. By managing liquidity and arbitrage, Stabble allows traders to execute trades with minimal price impact, while liquidity providers benefit from higher APYs compared to other protocols.
Problems and Solutions: Tackling the Inefficiencies of Traditional DEXs
The Core Issues
- Impermanent Loss: Liquidity providers on conventional DEXs face heightened risks of impermanent loss due to the volatility of cryptocurrency pairs. This means the value of their deposited assets can change compared to if they simply held those assets.
- Low Returns for Liquidity Providers: These same LPs often receive underwhelming annual percentage yields (APYs), making it less attractive to provide liquidity.
- High Price Impact: For traders, especially those engaging in larger trades, price impact can be significant on DEXs. This means their trades influence the market, resulting in a less favorable execution price compared to a more liquid, centralized exchange.
- Hidden Arbitrage Losses: Arbitrageurs exploit price differences across DEXs, leading to inefficient markets. These arbitrage actions erode value from the liquidity pools, reducing overall returns for LPs.
Stabble’s Innovative Solutions
- Smart Liquidity Routing: Stabble removes the complexity of managing multiple liquidity pools. Users deposit a single asset, and the protocol automatically rebalances the liquidity across different pools for optimal returns. This reduces impermanent loss and streamlines the process for LPs.
- Smart Liquidity Arbitrage: Stabble takes a unique approach by internalizing arbitrage strategies within its protocol. This allows Stabble to capture that value and redirect it as additional APY for liquidity providers, rather than leaking it to external arbitrageurs.
- Margin Liquidity: In contrast to less efficient models like Uniswap V3’s concentrated liquidity, Stabble utilizes margin liquidity. This provides a staggering increase in capital efficiency, amplifying returns for LPs.
- Smart Order Execution: Stabble intelligently fragments larger orders that exceed a 0.2% impact threshold to combat price impact. Smaller trades have less impact on pool prices, benefiting traders.
Traction
Major Milestones and Key Highlights: The Stabble Journey
Key Highlights
- Frictionless Swap Experience: Stabble provides a seamless trading experience with maximum price impacts capped at 0.2%. This is achieved through the execution of fractionalized orders, ensuring traders can execute large trades without significantly affecting the market price.
- Protocol-Managed Liquidity: By employing a protocol-managed liquidity system, Stabble significantly reduces impermanent loss risks and boosts APY for liquidity providers. This innovative approach not only enhances returns for liquidity providers but also aids in maintaining price stability.
- Cross-Exchange Arbitrage Strategy: Stabble’s unique arbitrage strategies optimize pricing for traders while excluding external arbitrage, thus minimizing impermanent loss for liquidity providers and enhancing their earnings.
- Perpetual DEX Features: Offering features akin to traditional exchanges, Stabble’s perpetual DEX functionality enables traders to conduct simple swaps, open leveraged positions, and access real-time charts, providing a rich, flexible trading environment.
- Unique Token Design: The $STB token incentivizes participation through staking rewards, governance rights, and fee discounts. Depending on the lockup period, the conversion of $STB to veSTB tokens allows for increased staking APY and voting power, fostering a committed community.
Major Milestones
- Development and User Engagement: With its core DEX platform deployed on the devnet, Stabble has garnered significant attention, evidenced by 5,983 monthly active users, a peak daily trading volume of $93 million, and $31 million in total value locked.
- Strategic Partnerships: Stabble’s integration within the Solana ecosystem is demonstrated through key partnerships with leading projects like ChainGPT, DAO Maker, Trust Swap, Poolz Finance, and Skynet Trading, enhancing its brand and outreach.
- Expert Team: Stabble’s leadership brings a wealth of experience and a proven track record in developing high-value protocols. The team includes multiple Ph.D. and M.Sc. holders and boasts a highly qualified team with extensive backgrounds in science and blockchain.
- Venture Capital Support: The protocol’s innovative approach has attracted backing from renowned VCs such as ZEMU VC, Collective Ventures, Absoluta Digital, DuckDAO, and VivaTech. Moreover, advisory support from Moonrock Capital and Hillrise Group underscores the project’s strategic vision and potential.
Stabble’s journey reflects a blend of unique DeFi solutions, strategic partnerships, and community-focused initiatives, positioning it as a notable project in the blockchain and DeFi landscape.
Market Strategy
Token Functions: The Power of $STB and veSTB
Stabble’s native token, $STB, is the cornerstone of the protocol, with its functionality amplified by the veSTB (vested escrow) system. Here’s how these tokens work:
$STB: The Core Utility Token
- Staking Rewards: Stake $STB to earn a share of the protocol-generated fees. Holders of veSTB can boost their APYs with multipliers of up to 4.32x, rewarding long-term commitment.
- Governance: The Stabble DAO is governed by veSTB holders, empowering those invested in the protocol to shape its future.
- Trading Discounts: veSTB holders enjoy reduced trading fees, incentivizing active participation in the Stabble ecosystem.
veSTB: Unlocking Multipliers and Governance
- Obtaining veSTB: Lock $STB tokens for periods ranging from 1 to 30 months to receive veSTB. This non-transferable token grants governance rights and fee advantages.
- veSTB Multiplier: The longer your locking period, the greater the veSTB multiplier you receive, based on the formula: multiplier = 1.05ˣ (where ‘x’ is the number of locked months).
- Benefits: The veSTB system encourages long-term holding, reducing sell pressure on $STB. Additionally, a minimum one-month lock protects governance mechanisms from short-term influence.
Key Takeaways
- Stabble’s tokenomics are designed to reward long-term holders and active participants in the protocol.
- The $STB and veSTB systems promote a strong sense of community, align incentives, and promote the health of the Stabble ecosystem.
Business Model: Revenue Generation and Tokenholder Value
Stabble employs a multi-faceted business model that balances generating revenue with rewarding token holders.
Key Revenue Streams
- Trading Fees: Stabble earns a fee on every trade executed on the protocol, ranging from 0.1% to 2.5%. These fees constitute the core of its revenue generation model.
- Staking Rewards: A significant 14% of all trading fees are distributed directly to the $STB staking pool. This mechanism attracts liquidity providers and benefits those who actively support the protocol.
Tokenholder Value
- Staking Incentives: 40% of Stabble’s total token supply is reserved for staking. This encourages long-term holding, reduces sell pressure, and offers the potential for staking rewards.
- Expected Revenue: Stabble projects annual revenue of 3.2% to 10.7% of its average daily trading volume. This transparency suggests potential for growth as trading activity on the platform increases.
Analysis
Stabble’s model aligns its own success with the interests of its users. By attracting liquidity providers with competitive rewards and incentivizing long-term token holding, Stabble aims to create a self-sustaining and robust DeFi ecosystem.
Stabble’s Competitive Edge
Support from the Ground Up: Stabble’s Renowned Backers
Stabble has garnered the support of an impressive collection of backers, solidifying its position in the DeFi ecosystem. Leading the charge is ZEMU VC, a pivotal investor with a sharp eye for groundbreaking blockchain projects. Joining them in the venture capital space are AngelBlock and vt3 Ventures, both of which bring a wealth of experience and resources to the table.
The project also benefits from individual support from notable angel investors, including Sukmin and the CEO of Collective Ventures, both of whom have demonstrated a strong belief in Stabble’s vision and potential. Additionally, Absoluta Digital, DuckDAO, and VivaTech have thrown their weight behind Stabble, underscoring the wide-ranging confidence in its future.
Strategic Partnerships
Stabble recognizes the importance of collaboration within the Solana ecosystem and broader industry. To that end, it has established strong partnerships with diverse entities.
These include PoolzFinance for marketing support, MEXC for listing services and reach, and Moonrock Capital and Starlaunch for advisory expertise. Consola Finance is a key partner for integrating swap functions, while the academic partnership with the Frankfurt School of Finance and Management fosters cutting-edge research and development.
Additionally, the Handelsblatt Innovation Award 2022 win highlights Stabble’s recognition as a groundbreaking player in the field. NBX plays a role in conference exposure, and Skynet trading provides crucial market-making services.
Roadmap
The Stabble Team: Expertise Driving Innovation
Stabble’s success rests on the foundation of a highly skilled and experienced team. Let’s meet the key members:
Kilian, CEO
Kilian stands at the helm of Stabble with a rich background in finance and cryptocurrency. His successful exit from the Stuttgart Stock Exchange and advisory roles in over 15 crypto projects demonstrate his deep understanding of both traditional and decentralized finance. Kilian’s educational journey in Applied Mathematics and Mechanical Engineering equips him with the robust analytical skills needed to guide Stabble’s strategic direction. LinkedIn
Keisuke, CTO
With over eight years in software development, Keisuke has a proven track record in the DeFi space. His significant contributions as the Lead Developer at Marinade Finance and the CTO of OneRing Finance highlight his expertise in managing high-stakes projects. His Bachelor’s in Software Engineering underpins his innovative approach to technology at Stabble. LinkedIn
Holmes, Full-stack Developer
Holmes brings to Stabble a comprehensive skill set in web3 and full-stack development, cultivated through positions at OneRing Finance, Parasol Finance, and Expaus Inc. His experience in developing and maintaining complex decentralized platforms makes him a cornerstone of the Stabble development team. GitHub
Lennart, CPO
As the Chief Product Officer, Lennart’s expertise in Behavioral Finance and DeFi Inefficiencies is instrumental. His role as a Research Scientist and Ph.D. candidate at Otto-von-Guericke-University Magdeburg positions him perfectly to lead Stabble’s product innovation, ensuring it meets the market’s needs with efficiency and user-centricity. LinkedIn
Conclusion: The Future of DeFi with Stabble
Stabble’s arrival on the Solana blockchain presents a compelling vision for the future of DeFi trading and liquidity provision. The protocol’s focus on minimizing friction, maximizing returns, and employing innovative arbitrage strategies positions it as a solution to the pain points that have plagued traditional DEXs.
Powered by a visionary team, strategic partnerships, and the backing of leading venture capitalists, Stabble is well-positioned to shape the future of decentralized finance. With its IDO on ChainGPT Pad, the stage is set for investors to participate in this cutting-edge project, poised to redefine DeFi on the Solana blockchain.
IDO Specifications: The Numbers Game 📊
- Token Price: $0.03
- IDO Date: TBA
- Token Symbol: $STB
- Allocation Size: $400,000
- Max Supply: 500,000,000
- Network: Solana
- Initial Market Cap (IMC) without liquidity: $922,500
- Initial Market Cap (IMC) with liquidity: $1,297,500
- Circulating Supply at TGE: 43,250,000
- Fully Diluted Valuation (FDV) at TGE: $15,000,000
- Vesting Schedule: 30% at TGE, no cliff, and 4 months linear vesting
- Launchpads: ChainGPT Pad, Poolz Finance, DAO Maker and Trust Swap
- Listing Details: TBA
About ChainGPT Pad
ChainGPT Pad, recognized for its exceptional IDO services, has won many renowned awards, including recently the industry’s top ROI in January 2024 and it has propelled all of its startups to achieve new heights. It is committed to mentoring the highest quality startups to success. This focus drives its position as a leading launchpad in the crypto industry.
About ChainGPT
ChainGPT is the leading provider of AI-powered Infrastructure for the crypto, blockchain, and Web3 industry. From automated smart contract generation and auditing, advanced Web3 AI chatbot, AI-powered news aggregation, AI Trading Assistant, Cross-Chain Swap, and AI NFT Generator, ChainGPT is the most sophisticated, end-to-end AI solution on the market.
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