# Welcome to Stabull [Stabull Finance](https://stabull.finance/knowledgebase/category/getting-started/?utm_source=gitbook\&utm_medium=link\&utm_term=getting-started\&utm_content=gb-getstarted) is a decentralised exchange optimised for stablecoins and RWA's. Currently, there is no core piece of infrastructure dedicated to serving non-USD stablecoins specifically, and Stabull Finance solves this issue. Together with a group of non-USD stablecoin issuers, collectively governed in a consortium-like manner, Stabull aims to provide much needed access to a venue facilitating liquidity for issuers and their respective communities. In that sense Stabull Finance is an integral piece of industry infrastructure that is currently lacking. FX swaps is a multi-trillion dollar industry, and although 40% of this global trade is made up of non-USD denominated currency, onchain, it accounts for less than 1%. Stabull Finance wants to grow this pie, by doing one thing, and one thing well. The exclusive purpose of Stabull Finance is to facilitate safe and permissionless instant swaps for tokenized FX and commodities. ### Problem & Solution | Problem | Solution | | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | Although the Stablecoin industry is largely denominated in US dollars currently, non-dollar Stablecoins and their use cases are growing exponentially. There is presently no safe and permissionless swap facility available that offers a bonding curve customized to the specific requirements of non-USD stablecoins. | A decentralised exchange that is optimized for swapping non-USD stablecoins, using a hybrid invariant that provides low slippage trades around an FX oracle price. and in particular fiat backed stablecoins. Stabull was created from the ground up by a consortium of non-USD issuers and their input as well as their respective communities will be used to enable decentralized governance and democratic decision making. | *** Stabull Finance is designed to do one thing and do it well, low slippage stablecoin swaps and capital efficient liquidity pools. Stabull is bringing to market a more capital-efficient Decentralized AMM after many non-USD Stablecoin providers all experienced continued difficulty reliable liquidity venues. Stabull is designed to be a reliable source of liquidity for non-USD stablecoin issuers and their respective communities. ### Origin Story Stabull originated from within the non-USD Stablecoin community as a clear need. Each issuer needs simple and easy accessibility to their product and available liquidity to make it useful. To be clear, there were earlier iterations of a non-USD-orientated DEX, but for various reasons, the projects were unable to gain any traction. As they say, necessisity is the mother of invention, and the concept of Stabull was born. A group of non-USD stablecoin issuers assembled and conducted workshops on how best to address the problem and the most logical step forward was the creation of a consortium-like group where the issuers themselves were responsible for and had real skin in the game for the DEX Thus Stabull set off on a journey to build more capital-efficient bonding curves in a permissionless way that was trusted by the most important kind of stakeholders - the issuers themselves -talking to and liasoning with many stablecoin issuers about their needs along the way. *** ### Whitepaper # Concepts Unlike Uniswap or other constant product AMMs, Stabull is a *proactive AMM*. Instead of waiting for arbitrageurs to align prices with other sources of liquidity, the Stabull AMM dynamically concentrates liquidity around an off chain FX oracle to provide lower slippage. This lends itself naturally to FX and RWA's where the majority of price discovery occurs off chain. As well as providing price improvement for traders and relieving peg pressure for token issuers, this model greatly reduces impermanent loss for LP's, because their liquidity is dynamically recentered around the oracle price, without leaking profit to arbitrageurs. ## Pool A Stabull pool (or pair) is a smart contract which manages a reserve of two fiat-backed, [ERC-20](https://eips.ethereum.org/EIPS/eip-20) stablecoins. There are two main operations a user can perform on a Stabull pool... * Liquidity Providers (LPs) can deposit & withdraw [Liquidity](/amm/liquidity) from pools, changing the total reserves of the two tokens. * Traders can [Swap](/amm/swap) between the two tokens, changing the proportion of token reserves. *At launch, Stabull pools are deployed on Ethereum and Polygon, and quoted in USDC. See* [Contracts](/amm/contracts) *for smart contract addresses and the currently deployed pools. See* [Stablecoins](/stablecoins/audd) *for more information on the non-USD stablecoins that each pool contains.* ## Invariant An invariant is a mathematical property or relationship that remains unchanged under a set of operations. In the context of a decentralised exchange, the invariant defines the relationship between the balances of pool tokens and parameters, that remains unchanged after swapping, deposits or withdrawals. The Stabull invariant is a hybrid of constant product and constant sum invariant, resulting in a flattened curve when visualised with token balances on each axis.
## Dynamic Pricing & Spread Stabull pools dynamically adjusts swap pricing based on the balance of reserves in the pool relative to the oracle rate. This mechanism ensures that the pool remains efficient and closely tracks the external FX market.
* **Swaps that rebalance the pool are rewarded** (*incentivised*). * **Swaps that imbalance the pool are penalised** (*disincentivised*). Example: the NZDS/USDC pool is 68% NZDS (abundant) & 32% USDC (scarce).
detailsexampleresult
rebalancing swapadds the scarce asset & removes the abundant asset swap NZDS for USDCrewarded with part of the spread
unbalancing swapadds the abundant asset & removes the scarce assetswap USDC for NZDSpenalised with a higher spread
This dynamic pricing mechanism encourages users to rebalance the pool while discouraging swaps that exacerbate imbalances. Instead of viewing the pool as "unbalanced," it is more accurate to describe it as having a temporary deviation from the oracle rate (e.g., Stabull NZDS/USDC price ≠ NZD/USD FX price). ### Events that affect a pool
EventAffectInvariant
Deposit or Withdrawalthe total reserves change. the proportion of reserves (and the swap price) remain the same. the invariant ensures that deposits & withdrawals can only be made in the same proportion as the current pool reserves.
Swapthe proportion of reserves, and therefore the swap price changes.the invariant ensures that a swap cannot reduce the total reserves, although the spread collected on each swap will slightly increase total reserves.
Oracle Updateliquidity is dynamically shifted around the oracle price. the swap price changes.The oracle price is used to determine token proportions, slippage and halt boundary's.
## Oracles The oracle rate for each pool is determined by two oracle price feeds. One for each token in the pool: * the base oracle is the price of the fiat currency in USD e.g. TRY/USD * the quote oracle is the price of the quote stablecoin in USD e.g. USDC/USD At present, oracles are supplied by [Chainlink Data Feeds](https://data.chain.link/feeds?categories=Fiat). # Swap Swapping is one of the two primary ways to interact with Stabull pools. Users select an asset that they currently hold (input) and a token they would like to swap for (output). The user also specifies an amount of the input or output token they would like to swap forr. A successfully executed swap transaction will transfer the input token from the user to the pool contact, and the desired output token from the pool to the user (in a single transaction). The amount of output token received for every input token is known as the swap rate, and is determined by the pool invariant (the pricing curve). Additionally, a swap fee is collected and split between liquidity providers and the protocol. [*Swapping on Stabull is non-custodial and permissionless.*](#user-content-fn-1)[^1] For more details on how to complete a swap on Stabull see [this knowledgebase article](https://stabull.finance/knowledgebase/how-to-swap-nzds/), or watch [this video](https://www.youtube.com/watch?v=z3roCwXmWz8). ## Fees Stabull's swap fee is currently set to 0.15%. The fee is collected in the output token during the swap transaction. **How is the fee allocated?** 70% of the fee is distributed in specie to liquidity providers proportional to their contribution to reserves. The remaining portion of the swap fee is used by the protocol (`protocolFee`). *The swap fee and its allocation can be amended by governance proposal.* **When do LPs realise their fee revenue?** At present, fee revenue is realised when liquidity is withdrawn. For example, a swap of 130 NZDS for 100 USDC, will result in 0.15 USDC of fee revenue and be added to the pool reserves. Each LP token holder will now own the same share of a (slightly) bigger pie. When they withdraw they get a little bit more than if the swap had not occured. ## Multihop Swaps Despite assets being paired with USDC in their pool, it is possible to swap between non-paired assets in a single transaction, known as a *multihop swap*. This is performed by Stabell's router contract, which finds the most cost effective route between multiple pools. For example a swap from TRYB to EURS will be routed through (1) the TRYB/USDC pool, and (2) the EURS/USDC pool. Both intermediary swaps will incur the swap fee to compensate the LPs of each pool. [^1]: # Liquidity ## Liquidity Providers Liquidity Providers (LPs) contribute stablecoins and RWA's to pools in order to facilitate swapping. In return they earn a share of fee revenue and liquidity mining rewards. ### LP Tokens When making a deposit, you are adding two assets to the pools reserves, and in return receiving newly minted LP tokens representing your share of the pool reserves. When you withdraw liquidity, you are sending your LP token back to the pool to be burnt, and receiving a proportional share of the current reserves. Remember, your LP tokens are not a claim on the exact tokens you deposit. They are a claim on a share of the pool reserves, which can change in proportion and value (ideally value will increase due to fees, but can decrease due to impermanent loss). ### Capital Efficiency Capital Efficiency, as it pertains to AMM liquidity, is a measure of how effectively an LP's deposited liquidity is used to generate yield. This is often measured as the amount of swap volume an AMM can support for every dollar of liquidity. The more volume an AMM can attract, the more fees that are generated, and the greater the yield for LP's. Early AMM's like UniswapV1 distributed liquidity evenly along the price curve, which meant that the majority of liquidity was never actually used. This was not very capital efficient as LPs would only earn fees on a small portion of their capital, the rest sitting idle. Subsequent AMM's such as UniswapV3 and Curve are all different attempts to best distribute liquidity where its most needed, to maximise capital efficiency.
AMMLiquidity concentrated...Details
CurveV1around a fixed peg price for pegged assets such as DAI/USDC
CurveV2around an internal oraclefor non-pegged assets such as ETH/USDC
UniswapV3within liquidity bandsusers determine where to concentrate liquidity
Stabullaround an off-chain oraclefor stablcoins and RWA's
Stabull is optimised for stablecoins and RWA's by dynamically recentering liquidity around an off-chain oracle (e.g. the EUR/USD price). For an asset class where the majority of price discovery occurs off-chain this is important in ensuring LP liquidity remains active and slippage remains low. **Real World Assets need Real World Pricing to trade efficiently.** ## Deposit & Withdraw * To learn how to deposit liquidity into Stabull Pools see the [Adding Liquidity ](https://stabull.finance/knowledgebase/getting-started-guide-adding-liquidity-to-a-pool/?seq_no=2)knowledge base article. * To learn how to withdraw your liquidity, see the [Remove Liquidity](https://stabull.finance/knowledgebase/getting-started-guide-removing-liquidity-from-a-pool/?seq_no=2) knowledge base article. ### Proportional Liquidity Deposits or withdrawals from the pool must be done in the same proportion to the current reserves of the pool. This is enforced by the contract invariant. For example, if the pool contains 100 USDC and 200 NZDS, then you may only deposit in a 1:2 ratio of USDC and NZDS, such as 1 USDC and 2 NZDS. A pool is perfectly balanced when there is a 50:50 split of each asset in reserves, using the oracle rate for conversion. # Contracts Deployment Addresses for smart contracts
## STABUL Token * Ethereum: [0x6A43795941113c2F58EB487001f4f8eE74b6938A](https://etherscan.io/token/0x6A43795941113c2F58EB487001f4f8eE74b6938A) * Polygon: [0xC4420347a4791832bb7b16bF070D5C017D9fABC4](https://polygonscan.com/address/0xc4420347a4791832bb7b16bf070d5c017d9fabc4) * Base: [0x6722F882cc3A1B1034893eFA9764397C88897892](https://basescan.org/token/0x6722F882cc3A1B1034893eFA9764397C88897892) ## Ethereum ### Pool & Vault Addresses
PoolPool AddressVault Address
audd-usdc0x81F0329Ec7E635337a223B3C9F375EE615C1Cc02N/A
gyen-usdc0x01e4013c478d7f02112c3cf178f2771c842edbd00xC30F656fF98d9743847982bcC97Da2476a03F1A1
eurs-usdc0x865040f92ac6cca1b9683c03d843799d8e6d12820x3bb4C6e22703E33a90b4abEDc71FcF6FE38F3EbD
nzds-usdc0xe37d763c7c4cdd9a8f085f7db70139a0843529f30xf40F8B2010EAB1F1F459956D13a2fF5091070e03
tryb-usdc0xc1a195fdb17da5771d470a232545550a7d2648090x58057d3E28929163DecD8431c2E97086ED8240ec
XAUt0x1f0abd5E4c2888A259c2077EB1E1d294eDACF512N/A
### Token & Assimilator Addresses
TokenToken AddressAssimilator Address
AUDD0x4cCe605eD955295432958d8951D0B176C10720d50xd857a929688DE9Bd95525243e1F4d76308Fb72cC
EURS0xdB25f211AB05b1c97D595516F45794528a807ad80x4f808ad229645cbef8005abf51dd90330d7e5e86
GYEN0xc08512927d12348f6620a698105e1baac6ecd9110x3580ba104218daf0558c231d73e4cd4be4afd5ff
NZDS0xda446fad08277b4d2591536f204e018f32b6831c0x7620c06b90e5b099af11bf57ff8b00a5b37020c5
TRYB0x2c537e5624e4af88a7ae4060c022609376c8d0eb0x60b20ed1947ce503661aea3aae4779162a4b90b7
USDC0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB480x3cd821f5f8c77d060f725b7252e7c6fb68072b51
XAUt0x68749665FF8D2d112Fa859AA293F07A622782F380x2d55f1Dc12893782B090E7848D2ef4D520d0741b
### Other Contract Addresses
ContractAddress
Router0x871af97122D08890193e8D6465015f6D9e2889b2
CurveFactory0x2e9E34b5Af24b66F12721113C1C8FFcbB7Bc8051
StakingFactory0x1eC5A3a64b924FFD3319bF658F4c2446E7A04eCb
## Polygon ### Pool & Vault Addresses
PoolPool AddressVault Addess
audf-usdc
brz-usdc0xce0abd182d2cf5844f2a0cb52cfcc55d4ff4fcba0xc70D5567dA259f989c1Db7df1879d6Ceea05CbFf
copm-usdc0x9CAa728E1935c8B332dc4e9eC9d57666fc9e7Ff40x55CEA000278C03fdf300341Fab307e1875C5516D
dai-usdc0xA52508B1822ca9261B33213b233694F846aBD0ED0x6DB5D0d73cd23bBdefFFA95dAd0d2d4076A64A70
eurs-usdc0xF80b3a8977d34A443a836a380B2FCe69A1A4e8190xBba3BF4B811DCa1Ed6f14A4d73c23021d28709bb
nzds-usdc0xdcb7efACa996fe2985138bF31b647EFcd1D0901a0x26BaEd4b972CE9968818eA4E7f3782ad9Ec69b93
ofd-usdc0x5Cc08cE8fD0F66d83CB39300B268602514E2926B0xDe0Dc776b5004bFd0970d78f922F765A50C35d61
paxg-usdc0xBeFC1CbF4A8C4a8AF76d2E35287F11a3Ac4fCa290xfb73221Bc27d582e667581310a6d4FCD5eD62A68
phpc-usdc0x1233003461f654cf1c0d7db19e753badef05a87f0x2D97c387192616AFB8F779207293F9926f518785
tryb-usdc0x55BDf7f0223e8B1D509141a8D852Dd86B3553d590x4cbdb7a4F63a83FDE488eF9d01CFB8C2b7D5BfB4
usdt-usdc0x3d4436Ba3aE7e0E6361C83Ab940Ea779Cd5982060x2CdB3719161D3b6c2C4dF8C5e7414C36a647FDfE
xsgd-usdc0x509aACb7746166252eCb0d62BfBA097CC9731e200xA0fbdb7584A6C93a62bDDfB8185e4a25A3860610
zchf-usdc0xd840D0361C36709E62C13Ec42253dc0C3e326C1D0xd929313A6b60D689798B7FdB0EBF11aB4484E91C
### Token & Assimilator Addresses
TokenToken AddressAssimilator Address
AUDF0xd2a530170D71a9Cfe1651Fb468E2B98F7Ed7456b
BRZ0x4ed141110f6eeeaba9a1df36d8c26f684d2475dc0x257f91ee9cdbbe1c0f806ffd947753b3dd5b6b7d
COPM0x12050c705152931cFEe3DD56c52Fb09Dea816C230x6d8cF32DE5402F990C7245d20b969656Fb067053
DAI0x8f3Cf7ad23Cd3CaDbD9735AFf958023239c6A0630xfD4ED8280571fca7D767Bc1efAbe4BE279Ff4290
EURS0xE111178A87A3BFf0c8d18DECBa5798827539Ae990xe545dd2D800d7D452d136721412406a0744151A5
NZDS0xFbBE4b730e1e77d02dC40fEdF9438E2802eab3B50x9360e289F9Ed5702D848194f98E24055E13E5eC9
OFD0x9cFb3B1b217b41C4E748774368099Dd8Dd7E89A10xad3F85Adf1D34D5A941b39c59AD2E921C830f1f2
PAXG0x553d3D295e0f695B9228246232eDF400ed3560B50x3a4f3149F8C67051cEe12646FBC3fea4151AF5C7
PHPC0x87a25dc121Db52369F4a9971F664Ae5e372CF69A0xbF02DEA97fe1A3c26939DA3a21018505bebbe552
TRYB0x4Fb71290Ac171E1d144F7221D882BECAc7196EB50x681019de7518CAc40916d8c2031a1b476E8709c9
USDC0x3c499c542cEF5E3811e1192ce70d8cC03d5c33590x7A7901031a9aAB7bb9204de285a75cB7CB7C537b
USDT0xc2132D05D31c914a87C6611C10748AEb04B58e8F0x364f4e88a77644Cb1b28B5105c56A98872255BeD
XSGD0xDC3326e71D45186F113a2F448984CA0e8D2019950x5a6302601Cb1AB614787D5d623132191cfF5D30f
ZCHF0x02567e4b14b25549331fCEe2B56c647A8bAB16FD0xD35796E556Eb0AfFcFfF4A7bC389eA2Db4ccc57C
### Other Contract Addresses
ContractAddress
Router0x0C1F53e7b5a770f4C0d4bEF139F752EEb08de88d
CurveFactory0x3c60234Db40e6e5b57504E401B1Cdc79D91Faf89
StakingFactory0xF1BEDc8a0C609b19aA89567EC4133B9a8E75d0c7
## Base ### Pool & Vault Addresses | Pool | Pool Address | | --------- | --------------------------------------------------------------------------------------------------------------------- | | audd-usdc | [0xA9B62e79a5f0Fe04b1a1011EA30044a8020B7DE5](https://basescan.org/address/0xA9B62e79a5f0Fe04b1a1011EA30044a8020B7DE5) | | brz-usdc | [0x8a908ae045e611307755a91f4d6ecd04ed31eb1b](https://basescan.org/address/0x8a908ae045e611307755a91f4d6ecd04ed31eb1b) | | eurc-usdc | [0x2a645d27efe5c8f5afc63856d2509ea20f81a0b2](https://basescan.org/address/0x2a645d27efe5c8f5afc63856d2509ea20f81a0b2) | | mxne-usdc | [0xc642e57d55853baa61e7f7c4894894235f221f82](https://basescan.org/address/0xc642e57d55853baa61e7f7c4894894235f221f82) | | tryb-usdc | [0x1F039C1DFe7eB98C49d11dBF74b476853127e963](https://basescan.org/address/0x1F039C1DFe7eB98C49d11dBF74b476853127e963) | | zarp-usdc | [0x63129f8948225fe08b9c921186bafa27e6710833](https://basescan.org/address/0x63129f8948225fe08b9c921186bafa27e6710833) | | zchf-usdc | [0xc77c42baa1bdf2708c5ef8cfca3533b3e09b058f](https://basescan.org/address/0xC77C42BAA1bDf2708c5EF8cfCa3533b3e09B058f) | | ofd-usdc | [0x27cd7e6837e2a043ba760a8f67f73b8f0b7de8f3](https://basescan.org/address/0x27CD7e6837E2a043ba760a8f67f73b8F0b7DE8f3) | ### Token & Assimilator Addresses | Token | Token Address | Assimilator Address | | ----- | ------------------------------------------------------------------------------------------------------------------- | --------------------------------------------------------------------------------------------------------------------- | | AUDD | [0x449b3317a6d1efb1bc3ba0700c9eaa4ffff4ae65](https://basescan.org/token/0x449b3317a6d1efb1bc3ba0700c9eaa4ffff4ae65) | [0x1246B19c59FfF6A92E875b57402743cf576C86bB](https://basescan.org/address/0x1246B19c59FfF6A92E875b57402743cf576C86bB) | | BRZ | [0xE9185Ee218cae427aF7B9764A011bb89FeA761B4](https://basescan.org/token/0xE9185Ee218cae427aF7B9764A011bb89FeA761B4) | [0x8Ba5BDDc1cD6D1a0C757982B2af3eb6dB53903e0](https://basescan.org/address/0x8Ba5BDDc1cD6D1a0C757982B2af3eb6dB53903e0) | | EURC | [0x60a3e35cc302bfa44cb288bc5a4f316fdb1adb42](https://basescan.org/token/0x60a3e35cc302bfa44cb288bc5a4f316fdb1adb42) | [0x97f8bf444bfc3052ae60a8ca50a0257daa440295](https://basescan.org/address/0x97f8bf444bfc3052ae60a8ca50a0257daa440295) | | MXNe | [0x269cae7dc59803e5c596c95756faeebb6030e0af](https://basescan.org/token/0x269cae7dc59803e5c596c95756faeebb6030e0af) | [0x656a5225705b58eaedbdf5e6f538364e9e1cd11e](https://basescan.org/address/0x656a5225705b58eaedbdf5e6f538364e9e1cd11e) | | TRYB | [0xFb8718a69aed7726AFb3f04D2Bd4bfDE1BdCb294](https://basescan.org/token/0xFb8718a69aed7726AFb3f04D2Bd4bfDE1BdCb294) | [0x41f9289b3641499d9b78a127d9be7173def37374](https://basescan.org/address/0x41f9289b3641499d9b78a127d9be7173def37374) | | ZARP | [0xb755506531786C8aC63B756BaB1ac387bACB0C04](https://basescan.org/token/0xb755506531786C8aC63B756BaB1ac387bACB0C04) | [0xf39786a33ea844fc91d94ca029b64141c72244a6](https://basescan.org/address/0xf39786a33ea844fc91d94ca029b64141c72244a6) | | ZCHF | [0xd4dd9e2f021bb459d5a5f6c24c12fe09c5d45553](https://basescan.org/token/0xD4dD9e2F021BB459D5A5f6c24C12fE09c5D45553) | [0x6b06ac99fe8c9651620fe6da8a90be2080ca67c5](https://basescan.org/address/0x6b06AC99fE8c9651620Fe6da8A90bE2080ca67C5) | | OFD | [0x7479791022eb1030bbc3b09f6575c5db4ddc0b90](https://basescan.org/token/0x7479791022EB1030Bbc3B09F6575C5dB4dDc0b90) | [0x5cecfa0a31cb7964b37484d6efa268b909bbee3a](https://basescan.org/address/0x5cEcFa0a31Cb7964B37484d6EfA268B909bbee3a) | ### Other Contract Addresses
ContractAddress
Router0x4b82759D385E905C85d1fcF7811ED33b738965a0
CurveFactory0x86Ba17ebf8819f7fd32Cf1A43AbCaAe541A5BEbf
StakingFactory0x2624f2C6C63ffC97e2D845fE18f6dCaC734411ad
# Rebalancing ### Rebalancing the pool (from Concepts) A trader that is bringing the scarce asset scarce asset gets a better price than oracle (bonus) and the Trader TAKING the scarce asset gets a worse price (slippage). This ensures there is always an arbitrage incentive to return the pool to balanced
since the NZDS is scarce in pool = overprice \ and the USDC is abundant = underpriced a trader is incentivized to rebalance the pool... (1) there is an arbitrage profit to collect by adding (selling) his NZDS for USDC (buying). (2) as an LP he will benefit from a balanced pool due to increased swap volume and fees. # Liquidity Mining ### Liquidity Mining Program is now LIVE Liquidity Mining is a program to incentivize users to provide liquidity to the Stabull protocol, while also promoting long-term sustainability and aligning the incentives of key stakeholders. A short video guide on how to participate in the Liquidity Mining Program can be found [HERE](https://www.youtube.com/watch?v=Kcfy-Hfa_iE) To participate in Stabull's Liquidity Mining Program, simply add USDC and a supported stablecoin to the corresponding vault. Once liquidity has been added to share in transaction fees, users can then go to app.stabull.finance/vault, stake liquidity tokens, and begin earning [$STABUL](https://www.coingecko.com/en/coins/stabull-finance) rewards each block. There is no lock-up period for staking and rewards can be claimed at anytime. When removing liquidity all outstanding rewards will be distributed during the withdrawal transaction. * 30% of the $STABUL total supply, `3,000,000 tokens`, has been allocated to the liquidity mining program. This will be distributed over 10 years via an exponentially decaying emission schedule. * Liquidity Providers (LPs) can participate in the program by staking their LP tokens in the corresponding LP Staking Pools. Staked LP tokens will immediately start accruing rewards, which can be claimed periodically (e.g. when gas efficient). * The proportion of rewards distributed to each LP Staking Pool will be determined by the volume of the corresponding swap pools and a set of weights that can be voted on by token holders. ### Fees * In addition to the 3 million tokens allocated from the total supply, the Liquidity Mining Program will also receive a share of protocol swap fees. * 70% of the fee collected from every swap on Stabull pools will be used to buy $STABUL and continuously replenish the Liquidity Mining Program. # Merkl Claim Guide ## Stabull Liquidity Rewards are now distributed by Merkl Stabull Liquidity Mining Rewards are now distributed by the autonomous Merkl Distributor contract ([Merkl](https://app.merkl.xyz/faq)). The process below ensures every Stabull user can access their rewards quickly and reliably. {% hint style="info" %} Claiming liquidity rewards directly in the Stabull dapp will be available soon. {% endhint %} ### Step 1: Go to the Merkl User Dashboard Open in your browser * This page is designed specifically for claiming rewards * Once a user connects their wallet, they will automatically redirected to a personalised dashboard at /users/{your\_wallet\_address} with clear claim options
### Step 2: Connect Your Wallet * Click “Connect” and choose your preferred wallet (MetaMask, WalletConnect, Coinbase Wallet). * Once connected, you’ll see your dashboard displaying all claimable rewards per chain.
### Step 3: Review Rewards Your dashboard will show: * Total Earned: All lifetime rewards * Claimable Now: Rewards settled on-chain in the last 8 hours and ready to claim * Claimable Soon: Rewards accrued off-chain in 2-hour intervals since the last settlement. These will shift to “Claimable Now” after the next on-chain update (every 8 hours on average)
### Step 4: Claim Your Rewards * Click the “Claim” button for each chain (Base, Polygon, Ethereum) where you have rewards * You will be prompted to confirm a transaction in your wallet; review the details including the amount and network fee, then confirm * Rewards will be sent directly to your wallet
### Additional Key Information * No additional staking is required — rewards are automatically tracked from your Stabull LP tokens (whether in wallet or legacy Vault) * If you previously staked in Stabull Vaults (Polygon/Ethereum), you can still unstake and claim your previously accrued rewards. * Ensure to claim your rewards within one year of earning them ### Troubleshooting & FAQs * If rewards aren’t showing up, confirm you are using the correct wallet address and have LP tokens for eligible pools * “Claimable Now” shows your on-chain rewards; “Claimable Soon” will become claimable after the next reward update (every 8 hours, average) * For advanced features (operators/multisig claims), see Merkl [documentation](https://app.merkl.xyz/faq). Stabull’s Merkl integration streamlines liquidity mining reward claims and boosts flexibility for the liquidity incentive program. # Liquidity.Land Guide ## Liquidity.Land Stabull Finance and Liquidity.land are pleased to announce a new partnership designed to reward our most dedicated liquidity providers.\ \ Over the next 180 days, all liquidity providers participating through [Liquidity.land](https://app.liquidity.land/project/Stabull) will earn an additional 10% bonus yield on top of their normal $STABUL rewards — across all eligible pools. #### What is Liquidity.land? [Liquidity.land](https://liquidity.land/) is a consumer-friendly DeFi platform that connects individual users with decentralized protocols to provide liquidity and earn yield. Acting as a non-custodial liquidity layer, it simplifies access to on-chain rewards and special campaigns.\ \ Users earn higher returns through Liquidity.land’s exclusive deals — including this limited-time partnership with Stabull Finance. #### Eligible Pools This campaign is open to new liquidity positions created on any pool after the campaign begins. Both new and existing users are eligible, across all supported chains. **Polygon** * [NZDS/USDC](https://app.stabull.finance/pools/0xFbBE4b730e1e77d02dC40fEdF9438E2802eab3B5?chain=137) * [OFD/USDC](https://app.stabull.finance/pools/0x9cFb3B1b217b41C4E748774368099Dd8Dd7E89A1?chain=137) * [PAXG/USDC](https://app.stabull.finance/pools/0x553d3D295e0f695B9228246232eDF400ed3560B5?chain=137) * [USDT0/USDC](https://app.stabull.finance/pools/0xc2132D05D31c914a87C6611C10748AEb04B58e8F?chain=137) * [DAI/USDC](https://app.stabull.finance/pools/0x8f3Cf7ad23Cd3CaDbD9735AFf958023239c6A063?chain=137) * [ZCHF/USDC](https://app.stabull.finance/pools/0x02567e4b14b25549331fCEe2B56c647A8bAB16FD?chain=137) * [EURS/USDC](https://app.stabull.finance/pools/0xE111178A87A3BFf0c8d18DECBa5798827539Ae99?chain=137) * [BRZ/USDC](https://app.stabull.finance/pools/0x4ed141110f6eeeaba9a1df36d8c26f684d2475dc?chain=137) * [XSGD/USDC](https://app.stabull.finance/pools/0xDC3326e71D45186F113a2F448984CA0e8D201995?chain=137) * [COPM/USDC](https://app.stabull.finance/pools/0x12050c705152931cFEe3DD56c52Fb09Dea816C23?chain=137) * [TRYB/USDC](https://app.stabull.finance/pools/0x4Fb71290Ac171E1d144F7221D882BECAc7196EB5?chain=137) **Base** * [EURC/USDC](https://app.stabull.finance/pools/0x60a3e35cc302bfa44cb288bc5a4f316fdb1adb42?chain=8453) * [ZCHF/USDC](https://app.stabull.finance/pools/0xd4dd9e2f021bb459d5a5f6c24c12fe09c5d45553?chain=8453) * [BRZ/USDC](https://app.stabull.finance/pools/0xE9185Ee218cae427aF7B9764A011bb89FeA761B4?chain=8453) * [MXNE/USDC](https://app.stabull.finance/pools/0x269cae7dc59803e5c596c95756faeebb6030e0af?chain=8453) * [TRYB/USDC](https://app.stabull.finance/pools/0xFb8718a69aed7726AFb3f04D2Bd4bfDE1BdCb294?chain=8453) * [ZARP/USDC](https://app.stabull.finance/pools/0xb755506531786C8aC63B756BaB1ac387bACB0C04?chain=8453) * [OFD/USDC](https://app.stabull.finance/pools/0x7479791022eb1030bbc3b09f6575c5db4ddc0b90?chain=8453) **Ethereum** * [NZDS/USDC](https://app.stabull.finance/pools/0xda446fad08277b4d2591536f204e018f32b6831c?chain=1) * [GYEN/USDC](https://app.stabull.finance/pools/0xC08512927D12348F6620a698105e1BAac6EcD911?chain=1) * [TRYB/USDC](https://app.stabull.finance/pools/0x2c537e5624e4af88a7ae4060c022609376c8d0eb?chain=1) * [EURS/USDC](https://app.stabull.finance/pools/0xdB25f211AB05b1c97D595516F45794528a807ad8?chain=1) Note: Any new pools added during the campaign will automatically become eligible. #### How It Works Liquidity providers (LPs) who add liquidity to any[ Stabull Finance](https://app.stabull.finance/) pool will continue to earn: * Variable APR rewards (distributed via[ Merkl](https://app.merkl.xyz/protocols/stabull)) * 70% of swap fees from the protocol’s 0.15% trading fee, in the output currency and distributed when liquidity is removed from the protocol. In addition to this, participants registered through Liquidity.land will accumulate bonus points daily over the 180-day campaign: * Each active day = 1/180 point * At the end of the campaign, rewards will be calculated based on total liquidity, time held, and normal rewards earned * STABUL bonus tokens will be distributed to all qualifying wallets via multisend transactions Important:\ a) If liquidity is withdrawn or reduced from a pool during the campaign, rewards for that specific pool will be forfeited.\ b) If you hold an existing position prior to the commencement of the campaign, only additional liquidity is eligible for the reward. Ie if you hold $1000 worth if liquidity, and add $500, the bonus is only available on the added $500. #### How to Participate 1. Visit[ Liquidity.land’s Stabull page](https://app.liquidity.land/project/Stabull) and connect your wallet 2. Click Activate to join the campaign 3. Provide liquidity to any eligible pool 4. Return to Liquidity.land, click Submit Transaction, and enter your TXID and total deposit value (in USDC) 5. That’s it! You’ll automatically qualify for your 10% bonus yield at the end of the program 6. You can continue to claim normal Merkl rewards anytime via[ Merkl’s dashboard](https://app.merkl.xyz/protocols/stabull) #### Why This Matters This partnership marks another milestone in expanding Stabull’s Total Value Locked (TVL) and strengthening our multi-chain liquidity ecosystem.\ \ Liquidity.land’s active community of DeFi providers aligns perfectly with Stabull’s mission to deliver efficient, deep stablecoin liquidity across Ethereum, Base, and Polygon. #### Join the Campaign Don’t miss out on this limited 180-day opportunity to boost your yield and help grow decentralized stablecoin liquidity. \ 👉[ Get started on Liquidity.land](https://app.liquidity.land/project/Stabull) ### Liquidity Land FAQ Question 1: If a user has already added liquidity and wants to receive the additional 10% bonus, can they withdraw their existing liquidity and add it again to qualify? **Example:** User A added $1000 liquidity 5 months ago. If they withdraw and add it again now, will it count as a fresh transaction eligible for the bonus? **Answer:**\ Yes, users can do this. However, the bonus requires holding the position until April 26, 2026. The bonus is calculated based on the duration from the re-add date back to April 26, 2026, with a formula of (x days / 180) to determine the share of the 10% bonus. Rewards will be calculated and distributed at that time (chain to be confirmed). This is generally not available for random users but is an exception made for our original liquidity providers on Discord who have supported us from the beginning. *** Question 2: If a user adds new liquidity now and then adds more later, will the bonus apply to the total liquidity or only to the earlier deposit? **Example:** User A adds $1000 liquidity today and submits the transaction. Two days later, they add an extra $500 to the same pool. Will the bonus be on $1500 or just $1000? **Answer:**\ The bonus is calculated per deposit. For example, liquidity added on day 5 will earn (175/180) of the bonus, and additional liquidity added a month later will earn the proportionate amount remaining, e.g., (145/180). The total bonus will be a blend based on individual deposit times. *** Question 3: Is the reward based on the total days the user holds the liquidity until the last day? Can liquidity be added at any time during the campaign? **Answer:**\ Yes, users can add liquidity at any time, to any pool, on any chain. The reward is proportional to the number of days the liquidity is held until April 26, 2026, calculated as (days held / 180) of the bonus. *** Question 4: What token do users receive as a reward after 180 days? Is it $STABUL, USDC, or USDT? On which blockchain? **Answer:**\ The reward token is $STABUL. The blockchain will be confirmed, but it is likely Ethereum. *** Question 5: Can users add liquidity to multiple pools and earn rewards on all of them? **Answer:**\ Yes, users can add liquidity to any pool on any chain. At the end, all deposits will be totaled for each wallet, and rewards will be distributed once. Users can claim normal rewards through Merkl during the campaign. Upon withdrawal (after the end date), they will also receive accumulated fees in USDC plus the relevant asset from liquidity removal. Note that removing and re-adding liquidity forfeits the older bonus according to Liquidity Land's rules. Rewards will only count deposits held in April 2026 onward For questions or support, visit our[ Discord community](https://discord.stabull.finance/) # Tokenomics **Token Name:** `Stabull Finance` **Token Symbol**: `STABUL` **Token Type:** `ERC-20` **Total Supply:** `10.0M`
Allocation%TokensVESTING
Liquidity Mining30.00%3,000,00010 year exponential decay. See /pages/ciV5KV0yOp5lg6jpNpHO
Pre-sale17.50%1,750,00033% unlocked on TGE, 1 month cliff and 2 year linear vest.
Public Sale5.00%500,00040% unlocked on TGE, 1 month cliff then 1 year linear vest.
Core Team12.50%1,250,0001 month cliff then 2 year linear vest.
Advisors & Market Makers6.00%600,00015% unlocked on TGE, 1 month cliff then 2 year linear vest.
Liquidity Provisioning & Airdrops4.00%400,000Unlocked for listings and liquidity
Treasury Reserves25.00%2,500,00033% unlocked on TGE, 1 month cliff then 2 year linear vest
# Governance ## **Stabull Governance Overview** Stabull Governance provides a structured framework for $STABUL token holders to participate in shaping the future direction of the protocol. It enables the community to signal preferences on key decisions, while allowing the Stabull Labs team to better align development and operational priorities with user needs. Governance is conducted via [Snapshot](https://snapshot.org/#/s:stabullfinance.eth), an industry-standard off-chain voting platform that allows token holders to vote without incurring gas costs. Voting power is based on token balances at the time a proposal is created, ensuring a clear and consistent basis for each vote. At launch, governance supports $STABUL held on Ethereum and Base, with voting power calculated on a 1:1 basis. Tokens must be held in wallets directly controlled by the voter to be eligible. Assets held on centralised exchanges or custodial platforms do not confer voting rights unless withdrawn prior to a proposal snapshot. Support for Polygon will be introduced in due course. Proposals can be submitted by wallets holding more than 25,000 $STABUL. Mechanisms are also in place to allow smaller holders to collaborate and participate in the proposal process. Governance outcomes are advisory in nature. Approved proposals are intended to guide the actions of the core team, who will endeavour to implement decisions where they are feasible, secure, and aligned with the long-term sustainability of the protocol. The governance process includes a dedicated [discussion](https://stabull.discourse.group/) period for each proposal, allowing community members to review, question, and debate proposals before voting. This ensures that decisions are informed, transparent, and broadly understood. As Stabull continues to grow and integrate more deeply within the DeFi ecosystem, governance will play an increasingly important role in determining key parameters such as asset listings, fee structures, incentive mechanisms, and overall protocol strategy. This section provides the core resources required to participate in governance, including voting terms, proposal guidelines, and step-by-step instructions for casting votes. # Terms of Service ## Stabull Governance Terms of Service (Snapshot) These Governance Terms of Service (“Terms”) apply to all participation in governance votes conducted by or on behalf of Stabull Finance using the Snapshot governance platform (“Snapshot”). By participating in any governance vote, you acknowledge and agree to these Terms. ### 1. Purpose of Governance Governance votes are intended to guide the Stabull Finance core contributors in the ongoing operation, development, and evolution of the Stabull protocol. Governance provides a structured mechanism for STABUL token holders to signal preferences and priorities based on observed protocol behavior. At this time, governance is advisory in nature. Successful votes are intended to inform operational decisions and will be executed manually by the core team, where appropriate, within a reasonable timeframe. Governance does not mandate automatic execution, nor does it override operational judgment, security considerations, or risk management responsibilities. #### 1.1 Scope of Governance Governance on Stabull Finance is intended to address protocol-level economic parameters and structural incentives, including but not limited to: * Protocol fee structures and fee recipients * Liquidity mining incentives and emission frameworks * Staking mechanisms and lockup structures * Governance mechanics and voting parameters * Transparency and reporting commitments * Amendment processes for governance documentation and the whitepaper Governance does not determine: * Asset listings or delistings * Execution logic or pricing mechanisms * Oracle selection or configuration * Real-time operational or emergency actions These areas remain the responsibility of the Stabull Finance core contributors and are informed by live market behavior, technical constraints, and risk considerations. ### 2. Eligibility to Vote Voting is open to holders of STABUL tokens that are: * Held in a wallet under the voter’s direct control, or * Staked on supported staking platforms or native staking mechanisms, where applicable. The following holdings are not eligible for voting at this time: * Tokens held on centralized exchanges (CEXs), due to commingling and the inability to reliably attribute voting power to individual participants * Tokens held in Uniswap liquidity pools * Tokens held in Sablier vesting streams that haven’t been claimed and transferred to your wallet Only STABUL tokens held on Ethereum or Base are currently supported. Polygon-based tokens may be bridged to Base or Ethereum prior to voting at . To carry voting power, eligible tokens must be held in a qualifying wallet before the vote commences. Tokens acquired after a vote has started will not be counted. Voting eligibility criteria may evolve over time through governance, including changes related to supported chains, staking mechanisms, or voting weight calculations. ### 3. Voting Parameters Quorum requirements, voting periods, voting power calculations, and majority thresholds are defined per proposal within Snapshot. These parameters may vary between proposals and should be reviewed by participants prior to voting. ### 4. Execution of Votes Where a proposal passes quorum and achieves the required majority, the Stabull Finance team intends to schedule execution of the outcome as soon as reasonably possible, typically within approximately 14 days, subject to technical, security, legal, and operational considerations. Execution is performed manually and may involve on-chain or off-chain actions depending on the nature of the proposal. ### 5. Discretion and Exceptional Circumstances Stabull Finance reserves the right, acting in good faith, to delay, modify, or decline execution of a governance vote in exceptional circumstances, including but not limited to: * Security vulnerabilities or exploits * Legal or regulatory concerns * Technical infeasibility * Clear manipulation, abuse, or unintended outcomes Day-to-day operation of the protocol remains managed by the core team. #### 5.1 Post-Execution Review Governance outcomes may be reviewed after implementation. If a change produces unintended, adverse, or destabilizing effects, subsequent governance proposals may amend or reverse prior decisions. Governance is iterative by design. ### 6. No Rights or Entitlements Participation in governance does not: * Grant ownership, equity, or profit rights in Stabull Finance or Stabull Labs LLC * Create a partnership, agency, fiduciary, or employment relationship * Confer any legal claim over protocol assets, revenues, or operations STABUL tokens are not shares or securities. Governance participation is limited to signaling preferences within the Stabull protocol’s governance framework. ### 7. Risk and Liability Disclaimer Participation in governance is voluntary and undertaken at the participant’s own risk. Governance decisions may have economic, technical, or operational consequences. Stabull Finance, its contributors, and affiliates make no guarantees regarding outcomes of governance votes and are not liable for losses arising from governance participation or from the execution or non-execution of voted proposals. ### 8. Compliance Responsibility No checks are performed regarding jurisdiction, age, or regulatory status. Participants are solely responsible for ensuring that their participation in governance complies with all applicable laws and regulations for the country that they are a citizen or resident. ### 9. Reference Documentation These Terms should be read alongside the Stabull Whitepaper and the governance guidelines published by Stabull Finance at the Stabull Gitbook. The Whitepaper provides context on protocol design intent, governance scope, and operational boundaries. In the event of ambiguity, these documents should be considered together. ### 10. Disputes Governance participation is voluntary and experimental in nature. Disputes relating to governance participation, voting outcomes, or execution decisions are not contemplated under these Terms. # Proposal Guidelines ## How to Submit a Governance Proposal on Stabull ### Guidelines for Contributors Governance on Stabull exists to make targeted, evidence-based adjustments to the protocol. As a decentralised organisation, Stabull is proudly governed by our $STABUL token holders. These guidelines explain how to submit proposals that are aligned with Stabull’s governance scope and are therefore eligible for consideration. This document should be read alongside: * Stabull Governance Terms of Service (Snapshot) * Stabull Whitepaper ### 1. What Governance Is For As defined in the Governance Terms of Service (Section 1.1), governance on Stabull is intended to address protocol-level economic parameters and structural incentives, including: * Protocol fee structures and fee recipients * Liquidity mining incentives and emission frameworks * Staking mechanisms and lockup structures * Governance mechanics and voting parameters * Transparency and reporting commitments * Amendment processes for governance documentation and the whitepaper Good proposals operate within these boundaries. Governance exists to correct incentives based on live system behavior — not to replace markets, execution logic, or asset risk assessment ### 2. What Governance Is Not For Proposals will be considered out of scope if they attempt to: * Approve or reject specific asset listings * Override asset curation decisions * Modify execution logic, pricing behavior, or AMM mechanics * Change oracle selection or oracle anchoring * Dictate real-time operational or emergency actions These areas are explicitly excluded from governance under the Governance Terms of Service and remain the responsibility of the core contributors. Submitting proposals in these areas wastes time and creates false expectations. ### 3. What Makes a Strong Proposal A strong Stabull governance proposal answers three questions clearly: 1. What live behavior or constraint does this proposal address? 2. Why is governance the appropriate mechanism to address it? 3. What will not change if this proposal passes? Proposals are strongest when they: * Reference observed protocol behavior or data * Acknowledge trade-offs and risks * Are narrow in scope * Avoid bundling multiple unrelated changes Governance is not a brainstorming forum. It is a decision mechanism. ### 4. Evidence Over Ideology Stabull is a production system. Proposals should be grounded in: * Observed incentive outcomes * Fee generation behavior * Liquidity persistence or decay * Capital constraints * Execution quality under real conditions Where data is incomplete or unavailable, assumptions must be stated explicitly. Proposals that rely primarily on abstract theory or comparative claims (“other protocols do X”) are unlikely to pass. ### 5. Scope Discipline Matters Governance proposals should be incremental and precise. If a proposal attempts to: * Solve multiple unrelated problems, or * Redefine governance boundaries, or * Implicitly expand governance scope It should be split into separate proposals or reframed. Governance effectiveness declines rapidly when scope is not disciplined. ### 6. Governance Is Iterative, Not Final As stated in the Governance Terms of Service (Section 5.1), governance outcomes may be reviewed after implementation. If a change produces unintended or adverse effects: * It may be amended or reversed by subsequent governance proposals * Passing a proposal does not make it permanent in most cases Proposals should therefore be framed as adjustments, not irreversible commitments. ### 7. Proposal Lifecycle A typical governance proposal follows this lifecycle: 1. Draft & Discussion - Shared informally for feedback and clarification. 2. Revision - Scope tightened, assumptions clarified, risks acknowledged. 3. Formal Submission - Submitted using the standard proposal template. 4. Vote - Conducted via Snapshot under defined parameters. 5. Implementation & Review - Executed manually where appropriate and later evaluated against expectations. ### 8. Final Note to Proposers Good governance proposals respect the system that exists. They do not assume that voting can override markets, execution, or risk. They aim to improve alignment, not assert control. If you are unsure whether an idea is in scope, review: * Governance Terms of Service, Section 1.1 When a proposal is ready, it should be submitted via Snapshot using the following template and markdown * Title * Summary (Brief description of what is changing and why.) * Motivation (What live protocol behavior or constraint does this address?) * Proposal (Precisely describe the parameter or structure being changed. State scope: global / per-chain / conditional.) * Rationale (Why is governance the right mechanism, and why now?) * Expected Impact (Intended effects and key trade-offs.) * Out of Scope (Explicitly unchanged: asset listings, execution logic, oracle configuration, operational control.) * Risks (Known downsides, uncertainties, or second-order effects.) * Implementation (High-level execution approach and timing.) * Review (Optional: metrics or time-frame for post-implementation review.) # Voting Guide ## How to Vote on Stabull Governance Proposals #### A Simple Guide to Snapshot Governance This guide explains how Stabull governance works, who can participate, who can propose votes, and exactly how to cast your vote using Snapshot. It is written for first-time users. If you can connect a wallet, you can vote. ### 1. What Is Snapshot and Why We Use It Stabull governance runs on Snapshot at . Snapshot is an off-chain voting system used by many DeFi protocols. It allows token holders to vote without paying gas fees. When you vote, you are not sending a blockchain transaction. You are signing a message with your wallet. That signature records your vote. At this stage, governance is advisory. This means: * Votes guide the Stabull core team * Votes are not automatically executed on-chain * Successful proposals are implemented manually Governance participation does not grant ownership, equity, profit rights, or fiduciary rights in Stabull. Governance exists so STABUL holders can signal direction on matters such as tokenomics, protocol parameters, staking design, operational decisions, and governance rules. ### 2. Who Can Vote Voting is open to STABUL holders who meet the eligibility requirements below. #### Eligible Holdings * Tokens on self custody wallets on Base and Ethereum * Tokens remaining in the Magic Store Staking Farm * Vested but unwithdrawn tokens held in Sablier contracts \ The following are not eligible: * STABUL held on centralized exchanges (CEXs) * Tokens held inside locked wallets * Locked wallets are listed publicly here: * Up-to-date circulating supply by chain: If your tokens are on an exchange, you must withdraw them to a wallet you control before the proposal begins. #### If You Hold STABUL on Polygon Polygon is not currently supported for governance voting. If you hold STABUL on Polygon and want to vote, you must bridge your tokens before the proposal starts; * Bridge to Base: * Bridge to Ethereum: Important: You must bridge before the proposal is created. Moving tokens after the snapshot block does not increase your voting power. {% embed url="" %}
Bridge STABUL tokens between chains at app.transporter.io
#### 3. What Is the Snapshot Block? When a proposal is created, Snapshot records the blockchain at a specific block number. This is called the Snapshot Block. Your voting power is fixed at that exact moment. This prevents manipulation. You cannot acquire tokens after a proposal is live to increase influence. Likewise, selling tokens during the vote does not reduce your recorded voting power. Your balance at the snapshot block is what counts.
### 4. Who Can Propose a Vote? To encourage open governance, Stabull allows eligible token holders to submit proposals directly through Snapshot. #### Author Eligibility Any wallet holding more than 25,000 STABUL tokens can log in to Snapshot and submit proposals to the Stabull governance space. Proposals should clearly explain the change being proposed, why it is being suggested, and any expected impact on the Stabull protocol or community. Token holders are encouraged to discuss proposals with the community on the Governance Forum or Discord prior to publishing them to Snapshot. #### Governance Moderation Open governance provides an important mechanism for community participation, but it also carries certain risks. These include malicious proposals intended to disrupt the protocol or damage the Stabull ecosystem. To mitigate these risks, the Stabull Core Team actively moderates the governance process and reserves the right to remove or disable proposals that may harm the protocol or the community. Moderation may apply to proposals that are: 1. Clearly harmful or malicious, including proposals designed to exploit, damage, or disrupt the Stabull protocol. 2. Unfair, impossible, or fundamentally irrational, including proposals that cannot realistically be implemented. 3. Structured in a way that prevents meaningful participation, such as proposals that allow insufficient time for token holders to review and vote. 4. Lacking sufficient clarity, detail, or explanation to allow the proposal to be properly understood or executed. 5. Attempts to manipulate governance mechanisms, such as proposals designed to alter voting systems, thresholds, or procedures in order to force through previously rejected changes. The goal of moderation is not to limit governance participation, but to ensure that proposals presented to token holders are legitimate, understandable, and in the best interests of the Stabull ecosystem. #### Groups of Smaller Token Holders Smaller token holders may collaborate and submit a proposal collectively. If a group of holders together controls more than 25,000 STABUL tokens, they may: 1. Create a support ticket in the Stabull Discord. 2. Provide wallet addresses for verification of their combined holdings, as well as signed messages using etherscan, polygonscan or basescan confirming the wallet they want to collaborate with. 3. Nominate one lead wallet to act as the official Author. Once verified, the nominated wallet may be granted Author status to submit the proposal, despite individually being under the 25,000 threshold. Discord:[ https://discord.stabull.finance](https://discord.stabull.finance) ### 5. Where to Vote All official proposals are published here: Always verify that you are inside the official Stabull Snapshot space before voting.
### 6. How to Vote (Step-by-Step) Voting typically takes only a few minutes. #### Step 1 Go to the Stabull Snapshot space: #### Step 2 Click “Connect Wallet.” You may use any EVM-compatible wallet supported by Snapshot (MetaMask, Rabby, WalletConnect-based wallets, etc.).
#### Step 3 Select the active proposal.
Each proposal will show; * The proposal title * A detailed explanation * Voting options * The snapshot block number * Time remaining Read the proposal carefully before voting. #### Step 4 Choose your option. At launch, all proposals will use Single Choice voting (for example: For / Against / Abstain).
#### Step 5 Click “Vote.” #### Step 6 Sign the message in your wallet. * You are not sending a transaction. * You are not paying gas. * You are only signing a message confirming your choice. Once signed, your vote is recorded. ### 7. How Long Do Votes Stay Open? Each proposal remains open for 3 days. You may change your vote at any time during the voting window. Only your final vote before the deadline counts. After 3 days, voting closes automatically. ### 8. What Makes a Proposal Pass? For a proposal to pass, two conditions must be met. #### Quorum * The quorum for a vote to be eligible has been set initially to 100,000 tokens, approximatrely 5% of circulating supply #### Approval Threshold * A simple majority is required (more than 50%). * If quorum is reached (including Abstained votes) and more than 50% vote in favor, the proposal passes. ### 9. What Can Be Voted On? At launch, governance may cover: * Tokenomics * White Paper updates * Protocol Parameters * Fee Parameters * Operational Guidelines * Staking * Governance Rules Voting formats may evolve as governance matures. Delegation is not supported at launch. It is planned for a future phase, with structured requirements including minimum holdings and 90-day holding periods prior to becoming a delegate. ### 10. What Happens After a Proposal Passes? All votes are advisory. If a proposal passes: * The core team executes it manually * The team will endeavour to implement within 14 working days If implementation requires development, funding, or coordination, the timeline may extend. The core team retains discretion in exceptional circumstances. Implementation updates will be communicated through official Stabull channels. ### 11. Important Participation Notice You are responsible for ensuring that participating in governance is legally permitted in your jurisdiction. Stabull does not verify voter eligibility under local regulations. Participation in governance does not grant ownership, equity, profit rights, or fiduciary rights. ### 12. Need Help? If you have questions about governance or voting: * Join the Stabull Discord Server: * Post in the Discourse Governance Forum Always confirm you are voting in the official Snapshot space: # Audits Stabull selected [RD Auditors](https://www.rdauditors.com/) to undertake the initial round of audits for the Stabull App. Future audits are planned and will be added here as new App features are rolled out.
Completed Audits:
Focus: AMMDate: 24/08/2023Result: Pass/files/FsUn2vaZXvpTUSxhXOEThttps://stabull.finance/assets/Stabull-Smart-Contract-Security-Audit-Aug23.pdf
Focus: VaultsDate: 31/07/2024Result: Pass/files/ThagY6QHM9B76bLFp9ONhttps://stabull.finance/assets/Stabull-Smart-Contract-Security-Audit-Jul24.pdf
Focus: Governance TokenDate: 21/09/2024Result: Pass/files/lD6XpTEUFS4NeVNA8jF3https://stabull.finance/assets/Stabull-Governance-Token-Security-Audit-Sep24.pdf
# AUDD AUDD Stablecoin
**Australian Digital Dollar (AUDD)** is a blockchain-agnostic stablecoin that is fully backed 1:1 by Australian dollars, designed to enable fast, secure, and transparent digital payments while maintaining the stability of the Australian dollar. It is issued by AUDC Pty Ltd, a fintech company based in Melbourne, and is available on multiple blockchains including Ethereum (ERC-20), Stellar, XRP Ledger, Solana, Hedera, XDC Network, and BASE. AUDD supports a wide range of use cases from everyday transactions and business payments to cross-border remittances and decentralized finance participation, offering lower fees, instant settlement, and reliable price stability. #### **`Official Site:`** [https://www.audd.digital](#official-site-https-www.audd.digital) **AUDD** integrates traditional currency stability with blockchain innovation, holding reserves in cash, cash equivalents, and bonds in Australian financial institutions. It assures full transparency through regular third-party audits of reserves and transactions. The stablecoin is aimed at fintechs, money services businesses, commercial providers, and individual users who seek a stable digital asset pegged to the AUD without sacrificing speed or security. It was the first Australian dollar stablecoin to launch natively on the Hedera network, enhancing real-time access with low fees and environmental sustainability. * 1:1 backing by Australian dollars held in trust accounts * Blockchain agnostic: available on Ethereum, Stellar, XRP Ledger, Solana, Hedera, XDC Network, and BASE * Fast, secure, and low-cost transactions with instant settlement * Transparent with regular audits and reconciled reserves * Enables cross-border payments and 24/7 global accessibility * Supports diverse users including fintech, traders, businesses, and individuals #### **`Issuer:`** [AUDC Pty Ltd](https://www.novatti.com/) The official issuer of the AUDD stablecoin is AUDC Pty Ltd, an innovative blockchain-first fintech company based in Melbourne, Australia. #### **`Stabull Pools:`** * [AUDD-USDC (Ethereum)](https://app.stabull.finance/pools/0x4cce605ed955295432958d8951d0b176c10720d5?chain=1) * [AUDD-USDC (Base)](https://app.stabull.finance/pools/0x449b3317a6d1efb1bc3ba0700c9eaa4ffff4ae65?chain=8453) #### **`Buy AUDD:`** * [Ethereum](https://aerodrome.finance/swap?from=0x449b3317a6d1efb1bc3ba0700c9eaa4ffff4ae65\&to=0x833589fcd6edb6e08f4c7c32d4f71b54bda02913\&chain0=8453\&chain1=8453) * [Base](https://aerodrome.finance/swap?from=0x449b3317a6d1efb1bc3ba0700c9eaa4ffff4ae65\&to=0x833589fcd6edb6e08f4c7c32d4f71b54bda02913\&chain0=8453\&chain1=8453) #### **`Investor Portal:`** [https://www.novatti.com/](#investor-portal-https-www.novatti.com) #### `Addresses:` Ethereum: 0x4cce605ed955295432958d8951d0b176c10720d5 Base: 0x449b3317a6d1efb1bc3ba0700c9eaa4ffff4ae65 #### `Links:` * [CoinGecko](https://www.coingecko.com/en/coins/novatti-australian-digital-dollar) * [Etherscan](https://etherscan.io/token/0x4cce605ed955295432958d8951d0b176c10720d5) * [BaseScan](https://basescan.org/token/0x449b3317a6d1efb1bc3ba0700c9eaa4ffff4ae65) # AUDF AUDF Stablecoin
**Forte AUD (AUDF)** is a digital stablecoin pegged 1:1 to the Australian dollar (AUD), designed to combine the stability of traditional finance with the benefits of blockchain technology. It is issued by Forte Securities Australia Pty Ltd, a regulated company holding an Australian Financial Services Licence (AFSL No. 492490). AUDF operates on Ethereum, Avalanche, and Polygon blockchains, leveraging ERC-20 token standards to ensure seamless integration with decentralized applications and exchanges. #### **`Official Site:`** [https://www.forteaud.com/](#official-site-https-www.forteaud.com) **AUDF** offers a secure, transparent, and efficient way to transact digital Australian dollars with robust governance and risk management frameworks. Its issuance and redemption involve multi-signature smart contracts and strict segregation of duties to maintain the 1:1 peg backed by fiat reserves held in audited bank accounts. * 1:1 Australian dollar backing with fiat reserves held in segregated accounts * Issued by Forte Securities Australia Pty Ltd under AFSL license * Operates on Ethereum, Avalanche, and Polygon (ERC-20 compliant) * Subject to regular audits and strong risk management practices * Smart contracts with multi-signature authorization ensure security and transparency * Supports use cases including payments, trading, and integration in digital marketplaces #### **`Issuer:`** #### **`Stabull Pools:`** * [AUDF-USDC (Polygon)](https://app.stabull.finance/pools/0xd2a530170d71a9cfe1651fb468e2b98f7ed7456b?chain=137) #### **`Buy AUDF:`** * [Polygon](https://app.uniswap.org/swap?chain=polygon\&inputCurrency=USDC\&outputCurrency=0xd2a530170d71a9cfe1651fb468e2b98f7ed7456b) #### **`Investor Portal:`** #### `Addresses:` * Polygon: 0xd2a530170D71a9Cfe1651Fb468E2B98F7Ed7456b #### [`Links:`](links:GeckoTerminal) * [GeckoTerminal](links:GeckoTerminal) * [Polygonscan](https://polygonscan.com/token/0xd2a530170D71a9Cfe1651Fb468E2B98F7Ed7456b) # BRZ BRZ Stablecoin
BRZ is the first Brazilian Real-backed stablecoin issued by Transfero Swiss. It offers a stable and secure digital representation of the Brazilian Real, facilitating easy and transparent transactions within the cryptocurrency ecosystem while allowing Brazilians access to international markets. #### **`Official Site:`** BRZ is deployed on numerous blockchains, including Ethereum Polygon and Stellar (and many more), ensuring interoperability and widespread acceptance. The reserves backing BRZ are held in regulated financial institutions, with regular audits to maintain transparency and trust​. * Compliant with Brazilian regulations * Backed 1:1 with treasury reserves * Transparent and easily redeemable * Focus on stability and security #### **`Issuer:`** [Transfero](https://transfero.com/) Transfero is a blockchain-based financial solutions company that provides the infrastructure for companies that want to offer banking, crypto and payments services to their clients in Latin America. Connecting emerging economies to the global market Our fiat-backed stablecoins are pegged to emerging markets currencies to allow people and businesses to access the global market without volatility. #### **`Stabull Pools:`** * [**BRZ-USDC (Base)**](https://app.stabull.finance/pools/0xE9185Ee218cae427aF7B9764A011bb89FeA761B4?chain=8453) * [**BRZ-USDC (Polygon)**](https://app.stabull.finance/pools/0x4ed141110f6eeeaba9a1df36d8c26f684d2475dc?chain=137) #### **`Buy BRZ:`** * [**Base**](https://app.uniswap.org/swap?outputCurrency=0xE9185Ee218cae427aF7B9764A011bb89FeA761B4\&chain=base) * [**Polygon**](https://app.uniswap.org/swap?outputCurrency=0x4eD141110F6EeeAbA9A1df36d8c26f684d2475Dc\&chain=polygon) #### **`Investor Portal:`** #### `Addresses:` * Base: 0xE9185Ee218cae427aF7B9764A011bb89FeA761B4 * Polygon: 0x4ed141110f6eeeaba9a1df36d8c26f684d2475dc #### `Links:` * [**CoinGecko**](https://www.coingecko.com/en/coins/brazilian-digital-token) * [**BaseScan**](https://basescan.org/token/0xE9185Ee218cae427aF7B9764A011bb89FeA761B4) * [**Polygonscan**](https://polygonscan.com/token/0x4ed141110f6eeeaba9a1df36d8c26f684d2475dc) # COPM COPM Stablecoin
COPM is a stablecoin pegged 1:1 to the Columbian Peso. COPM, issued by Minteo is backed by audited financial reserves in regulated entities. COPM aims to enhance local payments, remittances, and financial products across Latin America. It is designed to provide a stable medium of exchange for daily transactions in a region where cryptocurrencies can be highly volatile. #### **`Official Site:`** [https://www.minteo.com](https://minteo.com/) Users can trade COPM with confidence, as Minteo provides monthly attestation reports conducted by BDO, one of the world's largest auditing firms. * Fully backed by cash deposits in regulated banks * Compliant with Colombian financial regulations * Instant settlement for transactions * High transactional speed and availability #### **`Issuer:`** [Minteo](https://minteo.com/) Minteo is a Colombian startup focused on building blockchain-based financial infrastructure across Latin America. Founded with a $4.3 million investment, Minteo aims to create a robust Web3 ecosystem that facilitates local currency use in digital transactions. The team behind Minteo has extensive experience in fintech and technology startups, contributing to the development of innovative financial solutions for the region. #### **`Stabull Pools:`** * #### [COPM-USDC (Polygon)](https://app.stabull.finance/pools/0x12050c705152931cFEe3DD56c52Fb09Dea816C23) #### **`Buy COPM:`** * [**Polygon**](https://app.uniswap.org/swap?outputCurrency=0x12050c705152931cFEe3DD56c52Fb09Dea816C23\&chain=polygon) #### **`Investor Portal:`** [Minteo Portal](https://board.minteo.com/login) #### `Addresses:` Polygon: 0x12050c705152931cFEe3DD56c52Fb09Dea816C23 #### `Links:` * [**Polyscan**](https://polygonscan.com/token/0x12050c705152931cFEe3DD56c52Fb09Dea816C23) # DAI DAI crypto-backed stablecoin pegged to the US dollar
DAI is a decentralized, crypto-collateralized stablecoin created by MakerDAO. DAI aims to maintain a stable value relative to the US Dollar through a system of smart contracts and decentralized governance. #### **`Official Site:`** DAI is primarily deployed on the Ethereum blockchain but has expanded to other networks through bridges. It maintains its peg through over-collateralization of crypto assets and algorithmic mechanisms. * Decentralized and governed by MakerDAO * Collateralized by various crypto assets * Maintains stability through smart contracts * Widely used in DeFi applications #### **`Issuer:`** MakerDAO (decentralized autonomous organization) MakerDAO is a decentralized organization that manages the DAI stablecoin system. It allows users to generate DAI by locking collateral assets into smart contracts. #### **`Stabull Pools:`** * **​**[**DAI-USDC (Polygon)**](https://app.stabull.finance/pools/0x8f3Cf7ad23Cd3CaDbD9735AFf958023239c6A063) #### **`Buy DAI:`** * [**Polygon**](https://app.uniswap.org/swap?outputCurrency=0x8f3Cf7ad23Cd3CaDbD9735AFf958023239c6A063\&chain=polygon) #### **`Investor Portal:`** [Archblock](https://login.archblock.com/login) #### `Addresses:` Polygon: 0x8f3cf7ad23cd3cadbd9735aff958023239c6a063 #### `Links:` * [**CoinGecko**](https://www.coingecko.com/en/coins/polygon-pos-bridged-dai-polygon-pos) * [**Polygonscan**](https://polygonscan.com/token/0x8f3cf7ad23cd3cadbd9735aff958023239c6a063) # EURC EURC Stablecoin
EURC is a euro-backed stablecoin issued by Circle and fully compliant with Europe’s MiCA regulations. It is redeemable 1:1 for euro and backed by euro reserves held at regulated financial institutions within the European Economic Area (EEA) with monthly attestations by a Big Four auditor. #### **`Official Site:`** EURC is accessible globally on multiple blockchains including Avalanche, Base, Ethereum, Solana, and Stellar, facilitating transparent, stable, and secure euro digital transactions. * MiCA-compliant and fully backed 1:1 by euro reserves * Euro reserves are bankruptcy remote and transparently attested monthly * Trusted issuer Circle provides institutional-grade on/off-ramps and liquidity via Circle Mint * Enables near-instant seamless swaps between EURC and USDC for euro-dollar liquidity access #### **`Issuer:`** [Circle](https://www.circle.com/) Circle is a leading global stablecoin issuer known for USDC. EURC is Circle’s euro stablecoin, designed to meet European regulatory standards and fuel the digital euro economy with a fully reserved and regulated euro digital asset. #### **`Stabull Pools:`** * [**EURC-USD (Base)**](https://app.stabull.finance/pools/0x60a3e35cc302bfa44cb288bc5a4f316fdb1adb42?chain=8453) #### **`Buy EURC:`** * [**Base**](https://aerodrome.finance/swap?to=0x60a3e35cc302bfa44cb288bc5a4f316fdb1adb42\&from=eth\&chain0=8453\&chain1=8453) #### **`Investor Portal:`** #### `Addresses:` * Base: 0x60a3e35cc302bfa44cb288bc5a4f316fdb1adb42 #### `Links:` * [**CoinGecko**](https://www.coingecko.com/en/coins/brazilian-digital-token) * [**BaseScan**](https://basescan.org/token/0x60a3e35cc302bfa44cb288bc5a4f316fdb1adb42) # EURS EURS Stablecoin
EURS is a compliant and regulated Euro stablecoin and the largest on the market. All EURS assets are backed on a 1:1 basis with liquid euro balances, and reserves are held at the Lithuanian Central Bank. The token is issued by STASIS. #### **`Official Site:`** EURS brings the stability of the Euro to the blockchain with native support on the Ethereum and Polygon networks as an ERC20 token. * Compliant with European regulations * Backed 1:1 with treasury reserves * Transparent and redeemable * Integrated payments partners #### **`Issuer:`** [Stasis](https://eurs.stasis.net/) Established in 2018, Stasis is a European FinTech company that issues the Euro-backed stablecoin called EURS. This Stablecoin аs a Service (SAAS) platform aggregates solutions from licensed financial intermediaries to provide an institutional-grade link between the decentralized finance world and the off-chain market. STASIS operates the largest and most transparent Euro-backed stablecoin in the digital asset universe. The company’s vision is to bring an alternative to USD stablecoins into the digital asset space. #### **`Stabull Pools:`** * #### [EURS-USDC (Ethereum)](https://app.stabull.finance/pools/0xdB25f211AB05b1c97D595516F45794528a807ad8) * #### [EURS-USDC (Polygon)](https://app.stabull.finance/pools/0xE111178A87A3BFf0c8d18DECBa5798827539Ae99) #### **`Investor Portal:`** #### `Addresses:` Ethereum: 0xdb25f211ab05b1c97d595516f45794528a807ad8 Polygon: 0xe111178a87a3bff0c8d18decba5798827539ae99 #### `Links:` * [**CoinGecko**](https://www.coingecko.com/en/coins/stasis-eurs) * [**Etherscan**](https://etherscan.io/token/0xdb25f211ab05b1c97d595516f45794528a807ad8) * [**Polygonscan**](https://polygonscan.com/token/0xe111178a87a3bff0c8d18decba5798827539ae99) # GYEN GYEN Stablecoin
GYEN, issued by GMO-Z.com Trust Company, is a fiat-backed stablecoin pegged to the Japanese Yen. It is the first regulated JPY stablecoin and is fully backed by reserves held at insured financial institutions. #### **`Official Site:`** Users can seamlessly trade and settle transactions with confidence, as GMO Trust provides monthly attestation reports conducted by an independent accounting firm​. * Compliant with Japanese regulations * Backed 1:1 with treasury reserves * Instant settlement * Real-time issuance and redemptions #### **`Issuer:`** [GMO-Z.com Trust Company](https://stablecoin.z.com/) GMO-Z.com Trust Company Inc. ("GMO Trust") was established in 2020 and is a wholly-owned subsidiary of [GMO Internet Group Inc](https://ir.gmo.jp/en/). Regulated by the New York Department of Financial Services, we empower business and individuals worldwide with our financial-grade digital assets. Founded in 1991, the GMO Internet Group consists of over 110 group companies worldwide, covering internet infrastructure, e-commerce and payment services, online advertising and media, financial services and digital assets. GMO Internet Group Inc. is listed on the Tokyo Stock Exchange Prime Market (TSE:9449), with 9 other publicly traded companies in the group. #### **`Stabull Pools:`** * #### [GYEN-USDC (Ethereum)](https://app.stabull.finance/pools/0xC08512927D12348F6620a698105e1BAac6EcD911) #### **`Buy GYEN:`** * [**Ethereum**](https://app.uniswap.org/swap?inputCurrency=0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48\&outputCurrency=0xc08512927d12348f6620a698105e1baac6ecd911\&chain=mainnet) #### **`Investor Portal:`** [GMO Internet Group Inc Portal](https://account.stablecoin.z.com/signup?_ga=2.59453098.600726949.1721629552-1544895130.1712549516) #### `Addresses:` Ethereum: 0xc08512927d12348f6620a698105e1baac6ecd911 #### `Links:` * [**CoinGecko**](https://www.coingecko.com/en/coins/gyen) * [**Etherscan**](https://etherscan.io/token/0xc08512927d12348f6620a698105e1baac6ecd911) # MXNe MXNe Stablecoin
MXNe is a Mexican Peso-backed stablecoin developed in partnership between Brale and Etherfuse. It is designed to redefine the interaction between the local Mexican economy and global finance by offering a stable, secure, and transparent digital representation of the Mexican Peso. #### **`Official Site:`** [https://brale.xyz/stablecoins/MXNe](#official-site-https-brale.xyz-stablecoins-mxne) MXNe supports on-chain payments, remittances, and payroll, promoting local value capture and reducing transaction costs for Mexican businesses and consumers. * Compliant with regulatory standards and backed by CETES (Mexican treasury bonds) * Designed for stable value aligned with the Mexican Peso (MXN) * Operates with protocol-enabled transparency for real-time auditing and trust * Multi-chain deployment on Solana, Stellar, and Base networks #### **`Issuer:`** [Etherfuse](https://brale.xyz/case-studies/etherfuse) Etherfuse is a fintech company focused on democratizing financial access in Mexico by issuing MXNe, the first Mexican Peso stablecoin on Solana, Stellar, and Base. In partnership with Brale, Etherfuse manages reserve assets, integrates U.S. dollar on/offramps, and ensures regulatory compliance while fostering economic empowerment within Mexican communities. #### **`Stabull Pools:`** * #### [MXNe-USDC (Base)](https://app.stabull.finance/pools/0x269cae7dc59803e5c596c95756faeebb6030e0af?chain=8453) #### **`Buy MXNe:`** * [**Base**](https://aerodrome.finance/swap?to=0x269cae7dc59803e5c596c95756faeebb6030e0af\&from=eth\&chain0=8453\&chain1=8453) #### **`Investor Portal:`** #### `Addresses:` Base: 0x269cae7dc59803e5c596c95756faeebb6030e0af #### `Links:` * [**CoinGecko**](https://www.coingecko.com/en/coins/real-mxn) * [**BaseScan**](https://basescan.org/token/0x269cae7dc59803e5c596c95756faeebb6030e0af) # NGNC NGNC Stablecoin
NGNC is a Nigerian Naira-backed stablecoin issued by **LINK**, a Web3 payments infrastructure provider focused on Africa. NGNC provides a cheap, transparent, decentralized, and interoperable digital representation of the Nigerian Naira for on-chain settlements and payments. #### **`Official Site:`** Fully convertible at a 1:1 rate against the Nigerian Naira on the LINK platform, NGNC enables smooth fiat-to-crypto and crypto-to-fiat transactions to support financial inclusion and economic growth across Africa. * Enables fast, low-cost cross-border and local payments * Pegged 1:1 to the Nigerian Naira, redeemable on demand * Designed for interoperability across multiple blockchain networks * Supports the Nigerian and wider African fintech ecosystem #### **`Issuer:`** [LINK](https://www.linkio.world/) LINK is an African Web3 infrastructure company that issues NGNC stablecoin to facilitate seamless crypto payments and remittances. LINK manages reserves and ensures compliance with relevant financial regulations while focusing on enabling innovative digital financial services in Africa. #### **`Stabull Pools:`** * TBA #### **`Buy NGNC:`** * TBA #### **`Investor Portal:`** #### `Addresses:` Base: 0xe743f13623e000261b634f0e5676f294475ec24d #### `Links:` * [**BaseScan**](https://basescan.org/token/0xe743f13623e000261b634f0e5676f294475ec24d) # NZDS NZDS Stablecoin
New Zealand Dollar Stablecoin (NZDS) is a fiat backed stablecoin pegged to the New Zealand Dollar, which promises the flexibility of cryptocurrency with the stability of fiat. $NZDS is issued by [Techemynt](https://www.techemynt.com/) and deployed on Ethereum and Polygon, using the robust FiatToken framework developed by [Centre](https://www.centre.io/). #### **`Official Site:`** New Zealand Dollar Stablecoin (NZDS) brings the stability of the New Zealand Dollar to the blockchain with native support on the Ethereum network as an ERC20 token. * Compliant with NZ regulations * Backed 1:1 with treasury reserves * Transparent and redeemable #### **`Issuer:`** [Techemynt](https://www.techemynt.com/) [Techemynt](https://www.techemynt.com/) is the issuer of $NZDS, a stablecoin backed 1:1 by the New Zealand Dollar. $NZDS provides a blockchain-based analogue of the New Zealand Dollar that allows arbitrage, remittance, and digital payments, while positioning the New Zealand Dollar as a prominent participant in the global digital asset economy. Techemynt is led by Fran Strajnar, founder of the digital asset investment firm [Techemy Capital](https://www.techemy.capital/) and digital asset data infrastructure company [Brave New Coin](https://bravenewcoin.com/). #### **`Email:`** #### **`Stabull Pools:`** * #### [NZDS-USDC (Ethereum)](https://app.stabull.finance/pools/0xda446fad08277b4d2591536f204e018f32b6831c) * #### [NZDS-USDC (Polygon)](https://app.stabull.finance/pools/0xFbBE4b730e1e77d02dC40fEdF9438E2802eab3B5) #### **`Buy NZDS:`** * [**Ethereum**](https://app.stabull.finance/) * [**Polygon**](https://app.stabull.finance/) #### **`Issuer Portal:`** #### **`Addresses:`** Ethereum: 0xda446fad08277b4d2591536f204e018f32b6831c Polygon: 0xFbBE4b730e1e77d02dC40fEdF9438E2802eab3B5 #### **`Links:`** * [**CoinGecko**](https://www.coingecko.com/en/coins/nzd-stablecoin) * [**Etherscan**](https://etherscan.io/token/0xDa446fAd08277B4D2591536F204E018f32B6831c) * [**Polygonscan**](https://polygonscan.com/token/0xfbbe4b730e1e77d02dc40fedf9438e2802eab3b5) # OFD OFD Stablecoin
**Oracle Free Dollar (OFD)** is a decentralized, over-collateralized stablecoin designed to maintain a 1:1 parity with the US Dollar by leveraging a unique oracle-free mechanism within the Ethereum DeFi ecosystem. Developed by the community-driven OFD DAO, OFD aims to provide robust censorship resistance, full transparency, and sustainable, interest-free loans for long-term stability. #### **`Official Site:`** **OFD** offers a stable digital representation of the **US Dollar**, facilitating efficient, censorship-resistant transactions and decentralized borrowing without the reliance on external oracles. The protocol allows users to mint OFD against approved collateral assets, maintaining solvency through robust risk parameters and transparency. Its oracle-free architecture removes reliance on off-chain data providers, significantly reducing attack surfaces and points of failure compared to traditional DeFi stablecoins. * **Fully decentralized & censorship-resistant** * **Over-collateralized:** Maintains stability by requiring significantly more collateral than the value of issued OFD * **No reliance on oracles:** Uses a mechanism that references internal price discoverability, increasing security and resilience * **Permissionless and transparent:** All smart contracts and protocol operations are fully public and verifiable on-chain #### **`Issuer:`** [**OFD DAO**](https://app.oraclefreedollar.org/governance) **OFD DAO:** A decentralized autonomous organization, governed by OFD token holders, responsible for protocol upgrades, adding/removing collateral types, and risk parameter adjustments #### **`Stabull Pools:`** * #### [OFD-USDC (Polygon)](https://app.stabull.finance/?chain=137\&output=0x9cFb3B1b217b41C4E748774368099Dd8Dd7E89A1) * #### [OFD-USDC (Base)](https://app.stabull.finance/pools/0x7479791022eb1030bbc3b09f6575c5db4ddc0b90?chain=8453) #### **`Buy OFD:`** * [**Base**](https://app.oraclefreedollar.org/swap/) * [**Polygon**](https://app.oraclefreedollar.org/swap) #### **`Investor Portal:`** #### `Addresses:` Polygon: 0x9cFb3B1b217b41C4E748774368099Dd8Dd7E89A1 Base: 0x7479791022eb1030bbc3b09f6575c5db4ddc0b90 #### `Links:` * [**Polygonscan**](https://polygonscan.com/token/0x9cFb3B1b217b41C4E748774368099Dd8Dd7E89A1) * [**BaseScan**](https://basescan.org/token/0x7479791022eb1030bbc3b09f6575c5db4ddc0b90) # PAXG PAXG Gold-Backed Cryptocurrency
Pax Gold (PAXG) is issued by Paxos Trust Company. Each PAXG token represents one fine troy ounce of a 400 oz London Good Delivery gold bar, stored in secure Brink's vaults. PAXG is an ERC-20 token operating on the Ethereum blockchain, allowing for easy trading and settlement. It provides investors with exposure to gold while benefiting from the liquidity and transferability of blockchain technology #### **`Official Site:`** Users can trade PAXG with confidence, as Paxos provides monthly attestation reports conducted by Withum, an independent accounting firm. * Fully backed by gold reserves * Regulated by the New York State Department of Financial Services * Redeemable for physical gold (minimum 430 PAXG) * Divisible up to 18 decimal places #### **`Issuer:`** [Paxos Trust Company](https://paxos.com/company/) GMO-Z.com Trust Company Inc. ("GMO Trust") was established in 2020 and is a wholly-owned subsidiary of [GMO Internet Group Inc](https://ir.gmo.jp/en/). Regulated by the New York Department of Financial Services, we empower business and individuals worldwide with our financial-grade digital assets. Founded in 1991, the GMO Internet Group consists of over 110 group companies worldwide, covering internet infrastructure, e-commerce and payment services, online advertising and media, financial services and digital assets. GMO Internet Group Inc. is listed on the Tokyo Stock Exchange Prime Market (TSE:9449), with 9 other publicly traded companies in the group. #### **`Stabull Pools:`** * #### [PAXG-USDC (Polygon)](https://app.stabull.finance/pools/0x553d3D295e0f695B9228246232eDF400ed3560B5) #### **`Buy PAXG:`** * [**Polygon**](https://app.uniswap.org/explore/tokens/polygon/0x553d3d295e0f695b9228246232edf400ed3560b5) #### **`Investor Portal:`** [Paxos Portal](https://dashboard.paxos.com/login) #### `Addresses:` Polygon: 0x553d3d295e0f695b9228246232edf400ed3560b5 #### `Links:` * [**CoinGecko**](https://www.coingecko.com/en/coins/pax-gold) * [**Polygonscan**](https://polygonscan.com/token/0x553d3d295e0f695b9228246232edf400ed3560b5) # PHPC PHPC Stablecoin
PHPC (Philippine Peso Coin) is the first Philippine Peso-backed stablecoin issued by[ Coins.ph](https://coins.ph/), a leading blockchain-based financial services platform in the Philippines. #### **`Official Site:`** [https://coins.ph/](https://coins.ph/buy-sell-crypto) PHPC provides a stable digital representation of the Philippine Peso, facilitating efficient transactions within the cryptocurrency ecosystem and enabling easier remittances for overseas Filipino workers. * Approved by the Bangko Sentral ng Pilipinas (BSP) under a regulatory sandbox framework * Backed 1:1 with Philippine Peso reserves * Transparent and redeemable * Focus on remittances, domestic payments, and crypto applications #### **`Issuer:`** [Coins.ph](https://coins.ph/buy-sell-crypto) Coins.ph is a regulated virtual asset service platform in the Philippines, holding licenses as both a Virtual Currency Service Provider and an Electronic Money Issuer. Serving over 18 million users, Coins.ph leverages blockchain technology to offer a wide range of financial services, including digital wallets, payments, remittances, and crypto trading. The platform is committed to providing secure, reliable, and user-friendly solutions that bridge traditional financial systems with the innovative potential of blockchain technology. By issuing PHPC, Coins.ph plays a pivotal role in advancing digital financial services and promoting economic empowerment across the Philippines. #### **`Stabull Pools:`** * #### [PHCP-USDC (Polygon)](https://app.stabull.finance/pools/0x87a25dc121Db52369F4a9971F664Ae5e372CF69A) #### **`Buy PHPC:`** * [**Polygon**](https://coins.ph/buy-sell-crypto) #### **`Investor Portal:`** [https://support.coins.ph/](https://support.coins.ph/hc/en-us/articles/33977644340121-Convert-your-PHP-to-PHPC-Stablecoin) #### `Addresses:` Polygon: 0x87a25dc121Db52369F4a9971F664Ae5e372CF69A #### `Links:` * [**CoinGecko**](https://www.coingecko.com/en/coins/philippine-peso-coin) * [**Polygonscan**](https://polygonscan.com/address/0x87a25dc121Db52369F4a9971F664Ae5e372CF69A) # TESOURO TESOURO Stablecoin
Etherfuse (TESOURO) is a blockchain-native stablebond that acts as a tokenized representation of real-world sovereign debt, specifically Brazilian Letras do Tesouro Nacional (Brazilian government treasury bonds). It is designed to combine the regulatory compliance and security of traditional finance (TradFi) with the speed, transparency, and liquidity of decentralized finance (DeFi). Issued by Etherfuse, a fintech platform focusing on tokenizing sovereign debt primitives, TESOURO provides investors with exposure to real-world government-backed asset yields while remaining fully composable across multiple blockchain networks. #### **`Official Site:`** **TESOURO** integrates institutional-grade government debt with blockchain infrastructure, enabling an asset asset class that looks like fiat, acts like a bond, and moves like crypto. Each token is 1:1 backed by underlying short-term sovereign bonds held securely in regulated institutional custody. This structure offers full transparent oversight, supported by regular third-party compliance verification and weekly independent attestations. Deployed across multiple major chains, TESOURO allows individuals, fintechs, corporate treasuries, and remittance providers to park capital, access underlying yields through price appreciation up to redemption, or use their positions as stable collateral across various DeFi applications. * 1:1 backing by Brazilian Letras do Tesouro Nacional (government treasury bonds) held in regulated custody * Multi-chain availability across Polygon, Base, Solana, Stellar, and Monad for seamless ecosystem integration * Yield-bearing features where compounding bond interest naturally builds directly into the token's price value * Transparent, institutional-grade compliance with strict asset segregation and weekly independent proof-of-reserve validation * Serves as a reliable, onchain sovereign collateral asset for decentralized apps (dApps) and corporate treasuries * Enables cross-border financial institutions and remittance networks to move capital at a fraction of traditional banking costs #### **`Issuer:`** [Etherfuse](https://etherfuse.com/) The official issuer of the TESOURO tokenized stablebond is Etherfuse, an innovative blockchain platform specializing in compliance-first tokenization of sovereign debt. #### **`Stabull Pools:`** * [TESOURO-USDC (Polygon)](https://app.stabull.finance/pools/0xd574b191B5a00262Ff19953d3CE25543AB7C8098?chain=137) * [TESOURO-USDC (Base)](https://app.stabull.finance/pools/0x7ceE47e7B7CD04CF984e8Dd86C42595B5771A9B2?chain=8453) #### **`Buy TESOURO:`** * [Polygon](https://www.curve.finance/dex/polygon/pools/) #### `Addresses:` Polygon: 0xd574b191B5a00262Ff19953d3CE25543AB7C8098 Base: 0x7ceE47e7B7CD04CF984e8Dd86C42595B5771A9B2 #### `Links:` * [CoinGecko](https://www.coingecko.com/en/coins/etherfuse-tesouro?chart=type%3Dprice%26mode%3Dline%26timeframe%3Dytd) * [Polygonscan](https://polygonscan.com/address/0xd574b191B5a00262Ff19953d3CE25543AB7C8098) * [Basescan](https://basescan.org/address/0x7ceE47e7B7CD04CF984e8Dd86C42595B5771A9B2) # TRYB TRYB Stablecoin
BiLira (TRYB) is a stablecoin, pegged to the Turkish Lira and 100% backed by fiat reserves held in Turkish banks. It is currently deployed on 6 blockchains including Ethereum, Avalanche and Solana. The token is issued by BiLira, where you can always redeem 1 TRYB for 1 Turkish Lira. #### **`Official Site:`** TRYB brings the utility of the Turkish Lira to the blockchain with native support on the Ethereum and Polygon networks as an ERC20 token. * Compliant with Turkish regulations * Backed 1:1 with treasury reserves * Transparent and redeemable * Global & reliable #### **`Issuer:`** [BiLira](https://www.bilira.co/en/home) BiLira, a stablecoin provider that issues a digital Turkish Lira (TRYB) pegged to the Turkish Lira, their aim is to democratize finance, make it accessible to everyone and create a decentralized, free and transparent world. “We have taken it upon ourselves to prepare the Turkish people and Turkey for the coming financial revolution and to create equal opportunity for everyone.” The BiLira team prides themselves on stability and transparency. #### **`Email:`** #### **`Stabull Pools:`** * #### [TRYB-USDC (Ethereum)](https://app.stabull.finance/pools/0x2c537e5624e4af88a7ae4060c022609376c8d0eb) * #### [TRYB-USDC (Polygon)](https://app.stabull.finance/pools/0x4Fb71290Ac171E1d144F7221D882BECAc7196EB5) * #### [TRYB-USDC (Base)](https://app.stabull.finance/pools/0xFb8718a69aed7726AFb3f04D2Bd4bfDE1BdCb294?chain=8453) #### **`Buy TRYB:`** * [**Ethereum**](https://balancer.fi/swap/ethereum/0x2c537e5624e4af88a7ae4060c022609376c8d0eb) * [**Polygon**](https://balancer.fi/swap/polygon/0x4fb71290ac171e1d144f7221d882becac7196eb5) * [**Base**](https://aerodrome.finance/swap?to=0xfb8718a69aed7726afb3f04d2bd4bfde1bdcb294\&from=eth\&chain0=8453\&chain1=8453) #### **`Investor Portal:`** #### `Addresses:` Ethereum: 0x2c537e5624e4af88a7ae4060c022609376c8d0eb Polygon: 0x4Fb71290Ac171E1d144F7221D882BECAc7196EB5 Base: 0xFb8718a69aed7726AFb3f04D2Bd4bfDE1BdCb294 #### `Links:` * [**CoinGecko**](https://www.coingecko.com/en/coins/bilira) * [**Etherscan**](https://etherscan.io/token/0x2c537e5624e4af88a7ae4060c022609376c8d0eb) * [**Polygonscan**](https://polygonscan.com/token/0x4fb71290ac171e1d144f7221d882becac7196eb5) * [**BaseScan**](https://basescan.org/token/0xFb8718a69aed7726AFb3f04D2Bd4bfDE1BdCb294) # USDC USDC Stablecoin
Created in 2018 by Circle and Coinbase, USDC is built for rapid, global payments and 24/7 financial markets. USDC is fully backed by cash and short-dated U.S. Treasuries, with reserves held in custody by regulated US financial institutions #### **`Official Site:`** Deployed across multiple blockchains, including Ethereum and Polygon, USDT ensures wide accessibility and integration with various platforms and services. * Regulated and can always be redeemed 1:1 for US dollars * Works seamlessly across applications and platforms around the globe * Blockchain infrastructure that’s faster, less expensive * More customizable than legacy rails #### **`Issuer:`** [Circle](#official-site-https-www.circle.com-usdc) Founded in 2013 by acting CEO Jeremy Allaire alongside bluechip trad-fi firms like Goldman Sachs Circle has established itself as a leader in decentralized finance, and seeks to make a more prosperous world by digitizing the coveted US-dollar. Circle has recently had buy-in from the likes of Blackrock, and seeks to differentiate itself from the likes of Tether’s USDT, and legitimize its existence by working closely with US congress. #### **`Stabull Pools:`** * #### [Ethereum](https://app.stabull.finance/pools?chain=1) * #### [Polygon](https://app.stabull.finance/pools?chain=137) * #### [Base](https://app.stabull.finance/pools?chain=8453) #### `Addresses:` Ethereum: 0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48 Polygon (not USDC.E): 0x3c499c542cEF5E3811e1192ce70d8cC03d5c3359 Base: 0x833589fcd6edb6e08f4c7c32d4f71b54bda02913 #### `Links:` * [**CoinGecko**](https://www.coingecko.com/en/coins/usdc) * [**Etherscan**](https://etherscan.io/token/0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48) * [**Polygonscan**](https://polygonscan.com/token/0x3c499c542cef5e3811e1192ce70d8cc03d5c3359) * [**BaseScan**](https://basescan.org/token/0x833589fcd6edb6e08f4c7c32d4f71b54bda02913) # USDT0 USDT0 Stablecoin
USDT0 is the omnichain deployment of Tether's US Dollar stablecoin, enabling seamless and unified liquidity across supported blockchains like Ethereum, Polygon, Arbitrum, Optimism, and others. It uses LayerZero’s Omnichain Fungible Token (OFT) standard to offer direct cross-chain transfers and help maintain a single canonical pool, reducing reliance on bridges or wrapped tokensTether (USDT), issued by Tether Limited provides a digital representation of the US Dollar, facilitating seamless transactions within the cryptocurrency ecosystem and serving as a stable store of value for traders and investors. #### **`Official Site:`** Launched initially as a migration from classic USDT on Polygon and other networks, USDT0 simplifies transactions, lowers fees, and improves liquidity. USDT0 is always backed 1:1 by locked Tether (USDT) on Ethereum, ensuring it maintains the robust $1 peg trusted by the global crypto market * Omnichain-enabled for native cross-chain transfers * Unified liquidity pool across supported chains * 1:1 backed by canonical USDT locked on Ethereum * Same contract address as prior USDT for seamless upgrade (e.g., Polygon) * Deep liquidity, high market volume, and wide adoption * Regular audits and attestations (via USDT reserves) #### **`Issuer:`** Everdawn Labs / USDT0 Consortium USDT0 is managed by Everdawn Labs, using the LayerZero protocol. While classic USDT is directly issued and redeemable by Tether, USDT0 is minted by depositing USDT into specific contracts on Ethereum. This ensures all USDT0 in circulation is fully backed by actual USDT reserves. USDT0 expands the stablecoin’s reach by making cross-chain movement efficient and transparent, simplifying both platform integrations and user experience. #### **`Stabull Pools:`** * #### [USDT0-USDC (Polygon)](https://app.stabull.finance/pools/0xc2132D05D31c914a87C6611C10748AEb04B58e8F) #### `Addresses:` Ethereum: 0x86B4dBE5D203e634a12364C0e428fa242A3FbA98 (USDT main contract for minting USDT0) Polygon: 0xc2132d05d31c914a87c6611c10748aeb04b58e8f (canonical USDT0 address, same as previous USDT address for compatibility) #### `Links:` * [**CoinGecko**](https://www.coingecko.com/en/coins/polygon-bridged-usdt-polygon) * [**Etherscan**](https://etherscan.io/token/0xdac17f958d2ee523a2206206994597c13d831ec7) * [**Polygonscan**](https://polygonscan.com/token/0xc2132d05d31c914a87c6611c10748aeb04b58e8f) # XAUt XAUt Stablecoin
Tether Gold (XAUt) is a digital asset offered by TG Commodities Limited. Each XAUt token represents ownership of one fine troy ounce of physical gold on a specific London Good Delivery gold bar. #### **`Official Site:`** [https://gold.tether.to](https://gold.tether.to/) By tokenizing physical gold, XAUt provides holders with the scarcity and value of bullion combined with the liquidity and divisibility of a digital asset. This allows for 24/7 trading and seamless transfers within the Stabull ecosystem without the storage costs or logistical challenges of physical gold. * 1:1 Backing: Every token is 1:1 backed by physical gold held in high-security Swiss vaults. * On-Chain Transparency: Holders can use a lookup tool on the official Tether website to verify the serial number, purity, and weight of the gold bars associated with their address. * No Custody Fees: Unlike traditional gold products, XAUt does not charge ongoing custody fees to its holders. * Redeemability: Qualifying users can redeem tokens for physical gold, typically in increments of one full gold bar (approx. 400–430 ounces). #### **`Issuer:`** [TG Commodities Limited](https://gold.tether.to/) #### **`Stabull Pools:`** * #### [XAUt-USDC (Ethereum)](https://app.stabull.finance/pools/0x68749665ff8d2d112fa859aa293f07a622782f38?chain=1) #### **`Buy XAUt:`** * #### [Ethereum](https://app.uniswap.org/swap?outputCurrency=0x68749665ff8d2d112fa859aa293f07a622782f38) #### `Addresses:` Ethereum: 0x68749665FF8D2d112Fa859AA293F07A622782F38 #### `Links:` * #### [**CoinGecko**](https://www.coingecko.com/en/coins/tether-gold) * #### [**Etherscan**](https://etherscan.io/token/0x68749665FF8D2d112Fa859AA293F07A622782F38) # XSGD XSGD Stablecoin
XSGD is a Singapore Dollar-backed stablecoin issued by StraitsX. Fully collateralized and regulated, XSGD allows users to transact with the security and stability of the Singapore Dollar. #### **`Official Site:`** Deployed on Ethereum, Polygon, Avalanche, Hedera, and Zilliqa, XSGD integrates seamlessly with various financial services and payment platforms in a clear and transparent manner, providing instant settlement and transparency through regular third-party audits​. * Compliant with Singaporean regulations * Backed 1:1 with treasury reserves * Strong security and stability protocols * Numerous financial service integrations #### **`Issuer:`** [StraitsX](#official-site-https-www.straitsx.com-xsgd) StraitsX is the leading infrastructure for digital assets in Southeast Asia and issues StraitsX stablecoins. StraitsX is a Major Payment Institution licensed by the Monetary Authority of Singapore. With a StraitsX account, users can mint, swap, and redeem StraitsX stablecoins, manage payments, and connect their accounts to digital asset platforms. Business accounts can also access B2B API-enabled payments rails for digital asset platforms. StraitsX is proud to be part of the Fazz ecosystem, which powers business finance in Southeast Asia. #### **`Stabull Pools:`** * #### [XSGD-USDC (Polygon)](https://app.stabull.finance/pools/0xDC3326e71D45186F113a2F448984CA0e8D201995) #### **`Buy XSGD:`** * [**Polygon**](https://app.uniswap.org/swap?inputCurrency=0x2791bca1f2de4661ed88a30c99a7a9449aa84174\&outputCurrency=0xdc3326e71d45186f113a2f448984ca0e8d201995\&chain=polygon) #### **`Investor Portal:`** #### `Addresses:` Ethereum: 0x70e8de73ce538da2beed35d14187f6959a8eca96 Polygon: 0xDC3326e71D45186F113a2F448984CA0e8D201995 #### `Links:` * [**CoinGecko**](https://www.coingecko.com/en/coins/xsgd) * [**Etherscan**](https://etherscan.io/token/0x70e8de73ce538da2beed35d14187f6959a8eca96) * [**Polygonscan**](https://polygonscan.com/token/0xdc3326e71d45186f113a2f448984ca0e8d201995) # ZARP ZARP Stablecoin
ZARP is a South African Rand (ZAR)-backed stablecoin issued by ZARP Stablecoin (Pty) Ltd, managed by Inves Capital. It offers a fully collateralized and audited digital representation of the South African Rand designed to enable fast, secure, and cost-efficient payments and transfers on multiple blockchain networks. #### **`Official Site:`** The treasury reserves backing ZARP are managed by Old Mutual Wealth, ensuring price stability and trust through transparent monthly attestations by independent auditors. * Fully collateralised and backed 1:1 by treasury reserves held in South African Rand * Managed treasury reserves with monthly independent audit attestations * Native multi-chain deployment: Base, Ethereum, Polygon, and Solana * Compliant with South African financial regulations (license pending) #### **`Issuer:`** [ZARP Stablecoin (Pty) Ltd](https://www.zarpstablecoin.com/) ZARP Stablecoin (Pty) Ltd is the issuer and is a juristic representative of Inves Capital (Pty) Ltd (license pending). The team partners with Old Mutual Wealth for treasury management and Kempen Audit for independent verification, underpinning ZARP’s integrity as a trusted stablecoin within South Africa’s financial ecosystem. #### **`Stabull Pools:`** * #### [ZARP-USDC (Base)](https://app.stabull.finance/pools/0xb755506531786C8aC63B756BaB1ac387bACB0C04?chain=8453) #### **`Buy ZARP:`** * [**Base**](https://dexscreener.com/base/0x12ff6611b2ce99a69d9a6e1090ac9fc7b2e25444da6e7443ebbab006c0149e63) #### **`Investor Portal:`** #### `Addresses:` Base: 0xb755506531786C8aC63B756BaB1ac387bACB0C04 #### `Links:` * [**CoinGecko**](https://www.coingecko.com/en/coins/zarp-stablecoin) * [**BaseScan**](https://basescan.org/token/0xb755506531786C8aC63B756BaB1ac387bACB0C04) # ZCHF ZCHF Stablecoin
**Frankencoin (ZCHF)** is a decentralized, over-collateralized stablecoin designed to track the value of the Swiss franc (CHF) without relying on external oracles. The Frankencoin protocol leverages a unique set of on-chain economic incentives to maintain a soft peg to the Swiss franc, making ZCHF resilient, transparent, and adaptable for stablecoin users in both Switzerland and the broader global DeFi ecosystem. #### **`Official Site:`** **ZCHF** is a collateralized stablecoin aiming to mirror the value of the **Swiss franc**. It leverages internal, on-chain mechanisms for price stability, avoiding the vulnerabilities of oracle dependency. It supports a decentralized and open approach: new collateral types and minting mechanisms can be proposed by anyone, with the community of governance token holders (FPS) having the power to veto proposals. The protocol’s monetary equilibrium is achieved by over-collateralization and adjustable minting costs, similar to monetary policy tools used by central banks. * **Fully over-collateralized:** Each ZCHF is backed by more than 1 CHF worth of approved collateral at all times * **No reliance on oracles:** Price discovery and collateral valuation occur through on-chain, protocol-driven processes, reducing attack surfaces * **Decentralized governance:** Frankencoin Pool Shares (FPS) holders steer the protocol, including risk management and collateral approvals * **Transparent and open:** All smart contracts and system logic are public, enabling full community auditability * **Swiss franc peg:** Maintains a soft—but incentivized—peg to CHF, optimized by dynamic protocol incentives #### **`Issuer:`** [**Frankencoin DAO**](https://github.com/Frankencoin-ZCHF/FrankenCoin/discussions) **Frankencoin DAO:** Governance is community-driven via the Frankencoin Pool Shares (FPS) token, with decision-making on collateral, minting mechanics, and protocol upgrades #### **`Stabull Pools:`** * [**ZCHF-USDC (Polygon)**](https://app.stabull.finance/pools/0x02567e4b14b25549331fCEe2B56c647A8bAB16FD?chain=137) * [**ZCHF-USDC (Base)**](https://app.stabull.finance/pools/0xd4dd9e2f021bb459d5a5f6c24c12fe09c5d45553?chain=8453) #### **`Buy ZCHF:`** * [**Polygon**](https://app.frankencoin.com/swap) * [**Base**](https://app.frankencoin.com/swap) #### **`Investor Portal:`** #### `Addresses:` Polygon: 0x02567e4b14b25549331fCEe2B56c647A8bAB16F Base: 0x7479791022eb1030bbc3b09f6575c5db4ddc0b90 #### `Links:` * [**CoinGecko**](https://www.coingecko.com/en/coins/frankencoin) * [**Polygonscan**](https://polygonscan.com/token/0x02567e4b14b25549331fCEe2B56c647A8bAB16FD) * [**BaseScan**](https://basescan.org/token/0x7479791022eb1030bbc3b09f6575c5db4ddc0b90) # Campaigns # Investors Stabull Investors:
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66 Capital formerly known as Hydro66, the award winning Data Center/files/EpqYXCg30mXdHHsrccgshttps://sixtysixcapital.com/
A DAO-governed INCUBATOR for Algorand/files/l4ChGP2w3ORXarlCFLXVhttps://algodao.fi/
Believe to succeed/files/W0yKG5NGKtxbX8VmvJWihttps://www.blackgreencapital.com/
Investment firm led by experts in crypto, venture, and public markets/files/8eivNc6yWpfoEXEhpUaXhttps://boltscapital.com/
A bespoke digital asset investment firm/files/CNpcwkCZH7IhWhGxxD8ahttps://techemy.capital/
Titanblock is an investment & advisory firm focused on empowering decentralized economies/files/Sivr0ICfxuzjebuWzaEyhttps://titanblock.capital/
Unlock the full potential of your real-world assets with Type3 Capital/files/Pd5paGWulk3IKJegY0APhttps://www.type3.capital/
# Partners Stabull are looking to partner with Stablecoin Issuers, Market Makers and Liquidity Providers committed to the most capital efficient platform for Stableswaps Stabull Partners:
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Investment firm led by experts in crypto, venture, and public markets/files/8eivNc6yWpfoEXEhpUaXhttps://boltscapital.com/
Chainlink is defining how the world transacts onchain/files/2npbiKRYxeRegZG5EWRxhttps://chain.link/
The fastest growing Web3 accelerator/files/qzcAnEQrTxPE6DuD0ijrhttps://delta3.vip/
An ecosystem for mining and working with cryptocurrencies powered by one of the world's top 7 mining pools/files/27jNbH1XLAqCrW36qz0Uhttps://emcd.io/
Multi-Chain Launchpad & Crowdfund - Publish your project or invest in the best DeFi projects/files/0ZFEcOIwiTyV3G7tAVLkhttps://gempad.app/presale/all
Hackdra continues to expand the security surface of Cyberspace's with Dynamic Artificial Intelligence Technology and innovative security solutions/files/qk5qqD17dZhaR4IuAUmjhttps://x.com/hackdra
An end-to-end open source P2P app framework/files/dkYrBjrmr4LZ3ODRBp6Shttps://www.holochain.org/
The first onchain FX layer for stablecoins and RWA – Building the future of finance for emerging markets/files/ei23zvz4UYh34shTuPe2https://kiichain.io/
Liquidity.land is a TVL-bootstrapping application, acting as a non-custodial liquidity layer that connects liquidity providers (LPs) with highly vetted DeFi protocols/files/mvTeCjzqEXQy9NDisRKyhttps://app.liquidity.land/project/Stabull
Building the Future of Web3 with our App Store & Launchpad/files/CIk0i9hktdi4DStxOXZUhttps://magicsquare.io/store/stories/stabull-road-to-ido-200000-prize-pool-magicsquare
DeFi incentive platform that connects liquidity providers with protocols looking to boost activity and engagement/files/fPEPT5dV3oshweDBR8dVhttps://app.merkl.xyz/protocols/stabull
Jump start your project with MultiFarm/files/8XngBFzRgfOHBj8PFAfrhttps://www.multifarm.io/
OpenOcean is a decentralized exchange (DEX) aggregator that optimizes crypto trades across multiple blockchains for the best prices and lowest fees/files/byW7Wzq0LLIoRIwuX4fMhttps://app.openocean.finance/
RD Auditors helps businesses with their Auditing, Cybersecurity and KYC needs/files/4ifRHnpKfUocjTg6IVV7https://www.rdauditors.com/
Infrastructure for onchain token distribution. DAOs and businesses use Sablier for vesting/files/lbBl0oh09v5q7Rn5Ys1Mhttps://sablier.com/
Believe in the power of decentralized collaboration. We Grow Together and beyond the next level/files/LcgVwijJr06ReN2tF2QChttps://taskon.xyz/StabullFinance
Reach out to the Stabull team here/files/cBmRWgiFMTvmvaFuAhn5https://stabull.finance/partners/
Team:
Innovation empowers you to lead, not follow- transforming your product, amplifying your brand, and driving long-term growth. It’s not about getting bigger; it’s about getting better/files/2d4NOkwBffvvdqImYdgJhttps://www.innovationtheory.com/
Europe's oldest crypto marketing & advertising agency/files/RJm8PaQOsnfBhwlU8afShttps://bitcoinmarketingteam.com/
App Listings:
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Link to Stabull Finance listed on DappRadar/files/1PgoEzg3jxtnMHN4CMQahttps://dappradar.com/dapp/stabull-finance
An ecosystem for mining and working with cryptocurrencies powered by one of the world's top 7 mining pools/files/27jNbH1XLAqCrW36qz0Uhttps://emcd.io/
The Web3 App Store by Magic Square/files/x1TWnY016iz2r3aoaVoEhttps://magicsquare.io/store/app/stabull-finance
# Supported Chains Current Supported Chains:
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The leading platform for innovative apps and blockchain networks/files/qfu6YvY246wUzCN0httzhttps://ethereum.org/en/
Enabling an infinitely scalable web of sovereign blockchains that feels like a single chain. Powered by ZK tech/files/HlfDq5ypr3ji6K9ucNqrhttps://polygon.technology/
A global economy, built by all of us/files/tkJ6iRt4e5ZrPBvHT1gKhttps://www.base.org/
Future Chains: # Media Kit
Latest Stabull media kit & brand guide available here/files/OuwKtvMQSjJ6ZYETgr5lhttps://drive.google.com/drive/folders/1MO9eqrGaw8MDhpn8Uf_yMZouxJDPMeb4
# Community Join the community discussion on Discord and keep up-to-date with all news Stabull by following & subscribing to our socials:
Come join the Stabull discussion on Discordhttps://discord.com/invite/cMC3949d4w/files/NOCBb0Egxoai0K9ykPnV
Follow Stabull on Xhttps://x.com/stabullfinance/files/ffbzI8DboetbhEfRfwcR
Subscribe to the Stabull Telegram Announcements channelhttps://t.me/stabullannouncements/files/E305tFEgVtwz9qCQ1jL0
Follow Stabull on LinkedInhttps://www.linkedin.com/company/stabull-finance//files/uWVJ42bR3r1ZnGHKrUQ5
A comprehensive resource for all things Stabullhttps://stabull.finance/knowledgebase/?utm_source=gitbook&utm_medium=link&utm_term=knowledgebase&utm_content=gb-knowledgebase/files/f0baQEAGyZPpm468tjaM
Have a question? The answer is most likely here!https://stabull.finance/knowledgebase/category/faqs/?utm_source=gitbook&utm_medium=link&utm_term=faqs&utm_content=gb-faqs/files/uye4nRRGMrxzXwusqUVf