Stabull Finance, a decentralized exchange (DEX) specializing in stablecoins and real-world assets (RWAs), is launching its governance token, STABUL, for public sale.
Public Sale Details
The STABUL token sale starts April 16th at 3:00 UTC on ProBit Global Exchange’s Launchpad. The initial offering will run for 72 hours at a fixed price of $3 per token. A total of 10 million STABUL tokens exist, with 20% locked for protocol liquidity and 30% reserved for a 10-year liquidity mining program.
This sale follows successful airdrop campaigns that saw Stabull process tens of thousands of transactions, facilitating over $3.7 million in swaps. After the sale, the platform will revert to its standard 0.15% per-swap fee structure, with 70% going to liquidity providers and the rest reinvested in the platform.
Post-Sale Plans & Platform Upgrades
Stabull plans to list STABUL on ProBit in mid-May. The funds raised will fuel several key upgrades:
- Base Chain Integration: Expanding support beyond Ethereum and Polygon to include Base.
- DeFi Aggregator Integration: Connecting Stabull to more liquidity sources.
- Improved Wallet Connectivity: Supporting a wider range of wallets.
About Stabull Finance
Stabull Finance is an AMM (Automated Market Maker) operating on Ethereum and Polygon, focusing on trading stablecoins and RWAs. It aims to provide low-cost, fast trading of these assets.
Contact Information
For more information, visit Stabull’s website, explore the DEX, or check out their documentation. You can also connect with them on X, Telegram, and Discord.