stabble Announces IDO
The post stabble Announces IDO appeared on BitcoinEthereumNews.com.
Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions. stabble, a decentralized exchange (DEX) built on Solana, has announced its Initial DEX Offering (IDO) on Fjord Foundry. The event will take place from February 21 to 24, 2025, giving early participants an opportunity to acquire STB, the platform’s native utility token, before its full market launch. The IDO will be hosted on Fjord Foundry’s Liquidity Bootstrapping Pool (LBP), a token distribution model that dynamically adjusts pricing. Instead of a fixed price, the sale starts high and gradually decreases unless buying activity stabilizes the price. This mechanism is designed to prevent large early buyouts and enable broader participation. What is stabble? stabble presents a new approach to automated market making (AMM), addressing inefficiencies in existing decentralized exchanges. An AMM enables crypto trading by automatically setting prices via liquidity pools without needing traditional order books. Many AMMs require large liquidity reserves while only using a small fraction of those funds. stabble’s model is designed to reduce liquidity requirements by up to 97% compared to conventional DEXs while maintaining the same level of trading volume. The exchange also aims to change how arbitrage functions in DeFi. On most decentralized exchanges, external arbitrage traders take advantage of price differences at the expense of liquidity providers. stabble integrates internal arbitrage mechanisms, allowing liquidity providers to capture profits that would otherwise be extracted by third parties. This structure is intended to reduce impermanent loss, a risk where liquidity providers end up holding assets that have lost value due to price shifts. The platform is built for both traders and liquidity providers. Traders benefit from low slippage…
Filed under: News - @ February 18, 2025 11:14 am