Tokenomics
Stabull has devised tokenomics that is designed to value to the various stakeholders while also allowing for progressive decentralization.
Tokenomics and Consortium Incentives
$STABUL governance token is inspired by decentralized community driven projects such as Curve. $STABUL will be required to vote on reward levels and distribution to preferred pools throughout the liquidity reward program, as well as to vote on key Stabull features. The economics are designed to create competition between liquidity providers, market makers and stablecoin issuers - but are open for any market participant to accumulate and vote/govern with. Careful consideration was taken to align incentives for liquidity providers and avoid continuous sell pressure (See POL tokens below).
Tokenomics - Top Level Breakdown
$STABUL governance token design must align incentives for all Market Participants including Liquidity Providers, DAO Maintainers, CEX Exchanges, FX Industry Participants & Strategic Partners.
Token basics, allocation & utility
TOKEN BASICS, ALLOCATION & UTILITY | |||
Token Name | Stabull |
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Token Symbol | STABUL |
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Token Type | ERC-20 |
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Total Supply | 10,000,000 tokens |
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Initial circulating supply | 2,250,000 tokens (22.5%) (pre/public sale + ecosystem development, protocol liquidity) | ||
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| Percentage | Vesting |
- Pre-sale | 1,850,000 tokens | 18.50% | 33% on TGE and 2 year linear vest |
- Public Sale | 400,000 tokens | 4.00% | 40% on TGE and 1 year linear vest |
- Team | 1,250,000 tokens | 12.50% | 1 month cliff, 2 year linear vest |
- Advisors | 100,000 tokens | 1.00% | 33% unlocked on TGE, 1 month cliff then 2 year linear vest |
- Treasury Reserves | 500,000 tokens | 5.00% | 33% unlocked on TGE, then 2 year linear vest |
- Liquidity Provisioning & airdrops | 500,000 tokens | 5.00% | Unlocked for listings and liquidity |
- Long Term Liquidity Mining | 3,000,000 tokens | 30.00% | No lock - liquidity mining with quarterly DAO vote |
- Key Backer | 200,000 tokens | 2.00% | 15% on TGE and 2 year linear vest |
- Primary MM Partner | 200,000 tokens | 2.00% | 15% on TGE and 2 year linear vest |
- Stake Only Pool | 2,000,000 tokens | 20.00% | Locked forever |
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Sum |
| 100.00% |
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