Announcing the $STABUL pre-sale on GemPad

2024-9-21 07:15

Stabull Finance, a stablecoin & RWA-focused decentralized exchange (DEX) for non-USD stablecoins and real-world assets, is announcing an allocation of just over 250,000 $STABUL tokens in the upcoming GemPad pre-sale. The sale will begin on Monday, September 23rd, at 3pm UTC, with an AMA session on GemPad’s Telegram channel at ~5pm UTC, where the team will answer questions about the project.

Stabull Finance is specifically geared to capture the decade-long tokenization wave of real-world assets and FX on-chain, which is just getting started. It is estimated that tokenized Real World Assets could reach over $5 trillion in market capitalization by 2028.

Stabull is a custom 4th-generation Automated Market Maker (AMM), currently in beta at https://app.stabull.finance, designed for efficient trading between non-USD stablecoins and real-world assets (RWAs). The platform also plans to support asset-backed tokens representing commodities like precious metals.

Using off-chain oracles (e.g., EUR/USD) from Chainlink, Stabull dynamically re-centers liquidity, allowing for low-slippage swaps and capital-efficient liquidity provision. This approach offers an alternative price discovery method compared to other decentralized exchanges, giving crypto and forex traders access to a 24/7/365 market for trading fiat-backed stablecoins and RWAs.

Traders can swap stablecoins on the Ethereum and Polygon blockchains using supported pools, which include TRYB, BRZ, GYEN, NZDS, 1GBP, EURS, and XSGD, paired against USDC. With a low swap fee of 0.05% per pool utilized, the platform offers a simple and cost-effective way to trade fiat-backed stablecoins.

Additionally, liquidity providers can participate in liquidity pools to gain a share of the swap fees generated, and can stake LP tokens in the Liquidity Mining Program to earn $STABUL tokens and participate in the platform’s governance. This enables liquidity providers (LPs) to effortlessly earn rewards on currencies like the Brazilian Real, Turkish Lira, New Zealand Dollar, and many others with just the click of a button.

The Stabull pre-sale on GemPad will run for just over four days, ending at 8pm UTC on Friday, September 27th. Early participants during the first nine hours of the pre-sale can receive a bonus of up to 7% in $STABUL tokens, subject to minimum purchase requirements. Tokens purchased during the pre-sale will have a 20% release at TGE, followed by a 31-day cliff, with the remaining tokens distributed at a rate of 3.3333% every 30 days over the next 24 months.

Existing investors who already backed Stabull include Sixty Six Capital, Black Green Capital, Type3 Capital, Titanblock Capital, AlgoDAO and Techemy Capital. Stablecoin & RWA issuers who are interested in setting up pools on Stabull are invited to contact our team at Stabull Partners.

For more information about the platform, visit Stabull Finance or start trading on the DEX at Stabull App. A range of documentation including tokenomics is available at the Stabull Gitbook. Status updates for the GemPad Pre-Sale will be provided at Stabull Finance on Twitter, with the members of the team available to answer questions on the Stabull Discord. You can also follow us on social media Stabull Finance on LinkedIn or subscribe to our Telegram announcement channel or YouTube channel.

About Stabull Finance

Stabull Finance offers a proactive Automated Market Maker (AMM) on the Ethereum and Polygon blockchains, supporting a portfolio of real-world assets (RWAs) and fiat-backed stablecoins. It aims to provide essential infrastructure for the FX and Web3 ecosystem, enabling the trading of non-USD stablecoins and RWAs with low fees, minimal slippage through off-chain oracle pricing, and capital-efficient liquidity management.

Media Information
You can contact the team by email via [email protected] and a media kit is available to download here.

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