The post Announcing the $STABUL pre-sale on GemPad appeared on BitcoinEthereumNews.com.

Stabull Finance, a DEX centered on stablecoins and real-world assets, is set to allocate over 250,000 $STABUL tokens in its upcoming GemPad pre-sale. Stabull Finance, a stablecoin & RWA-focused decentralized exchange (DEX) for non-USD stablecoins and real-world assets, is announcing an allocation of just over 250,000 $STABUL tokens in the upcoming GemPad pre-sale. The sale will begin on Monday, September 23rd, at 3pm UTC, with an AMA session on GemPad’s Telegram channel at ~5pm UTC, where the team will answer questions about the project. Stabull Finance is specifically geared to capture the decade-long tokenization wave of real-world assets and FX on-chain, which is just getting started. It is estimated that tokenized Real World Assets could reach over $5 trillion in market capitalization by 2028. Stabull is a custom 4th-generation Automated Market Maker (AMM), currently in beta at https://app.stabull.finance, designed for efficient trading between non-USD stablecoins and real-world assets (RWAs). The platform also plans to support asset-backed tokens representing commodities like precious metals. Using off-chain oracles (e.g., EUR/USD) from Chainlink, Stabull dynamically re-centers liquidity, allowing for low-slippage swaps and capital-efficient liquidity provision. This approach offers an alternative price discovery method compared to other decentralized exchanges, giving crypto and forex traders access to a 24/7/365 market for trading fiat-backed stablecoins and RWAs. Traders can swap stablecoins on the Ethereum and Polygon blockchains using supported pools, which include TRYB, BRZ, GYEN, NZDS, 1GBP, EURS, and XSGD, paired against USDC. With a low swap fee of 0.05% per pool utilized, the platform offers a simple and cost-effective way to trade fiat-backed stablecoins. Additionally, liquidity providers can participate in liquidity pools to gain a share of the swap fees generated, and can stake LP tokens in the Liquidity Mining Program to earn $STABUL tokens and participate in the platform’s governance. This enables liquidity providers (LPs)…

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Filed under: News - @ September 21, 2024 4:17 am