Introducing Stabull Finance

Introducing Stabull’s Decentralised Exchange focused on Fiat-Backed Non-USD Stablecoins

Published On: Jun 17, 2024By
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Experience Fast, Low-Slippage Stablecoin Swaps and Liquidity Pools on Ethereum & Polygon Blockchains

Stabull Finance is thrilled to announce the official launch of our new stablecoin-focused DEX, now live on the Ethereum and Polygon blockchains at Stabull App. Following a successful public testing phase, our platform is ready to provide seamless swaps between stablecoins with competitive fees and low slippage. Forex and crypto traders can now enjoy 24/7 access to a growing range of fiat-backed stablecoin pairs.

What is Stabull DEX?

Stabull is an innovative and easy to use on-chain foreign exchange (FX) marketplace operating as a decentralised exchange, specifically optimised for swapping non-USD stablecoins. Utilising a hybrid invariant model with pricing anchored to FX oracle data powered by Chainlink, Stabull ensures fast, low-fee, and low-slippage trades.

As an Automated Market Maker (AMM), Stabull provides access to liquidity pools for stablecoin pairs linked with USDC. This setup facilitates efficient and seamless swaps between various stablecoins, including NZDS (New Zealand Dollar Stablecoin), EURS (Stasis Euro), 1GBP (poundtoken), and TRYB (BiLira).

Benefits for Liquidity Providers

Liquidity providers can earn rewards by placing liquidity pairs on the platform and receiving a share of the swap fees. Additionally, we are introducing further incentives with our upcoming Liquidity Mining Program. Liquidity providers will also have the opportunity to participate in platform governance alongside stablecoin issuers.

Broad Wallet Support

Our platform supports a variety of wallets including Metamask, Brave Wallet, Trezor, and Ledger, with more wallet options to be added soon. Rest assured, our smart contracts have undergone thorough auditing by RDAuditors.

Stay Tuned

In the coming week, we will be unveiling detailed information about our Liquidity Mining program, introducing additional stablecoin pools, and information about the upcoming launch of our native token. Additionally, we will be publishing a series of blog posts highlighting the challenges Stabull Finance aims to address and explore the diverse use cases of our protocol.

Join Us

Stablecoin issuers interested in setting up pools on the platform are invited to contact our team at Stabull Partners.

For more information, visit Stabull Finance or start trading on the DEX at Stabull App. Join our community on Discord at Stabull Discord and follow us on social media at Stabull Finance on Twitter and Stabull Finance on LinkedIn or subscribe to our Telegram announcement channel.

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