Stabull Town Hall on 14th October 2024 with members of the Stabull core team

Published On: Oct 21, 2024•
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The following is a transcript of Stabull’s first community town hall, held on 14th October 2024 on the Stabull Discord Server which was attended by members of the community, many of whom had posed questions to the team ahead of the call. It included core team members Fran (Techemist) and Ryan (Sebastian).

The transcript was generated from the original source audio using AI, listened through and then we’ve done some light editing to remove repetitive content and improve the flow of the conversation, while maintaining the integrity of the original discussion.

*** TRANSCRIPT BEGINS ***

Pepe Elon: Thanks for joining us, gentlemen, Sebastian and Techemist. 

 Shall we start with some introductions and then we can move on to the discussion. 

 So maybe we’ll start with you Jammers. 

Jammers:  I’ve been with the team for probably nearly a year now. I am one of the co-CMOs on the project. It’s been an interesting project to be involved with—nice to get through all the early beta testing we did back in April and May, getting all of our smart contracts audited, and then bringing the platform online.

A lot of the people here today came through some of the campaigns we ran, so I appreciate everyone’s interest in the project.

Techemist: Hi. Thanks for having me. It’s great to be here. This project really started two years ago when we were working with a dozen stablecoin issuers, and we discussed in a forum that there was a key piece of infrastructure missing. At the same time, our research team was providing data suggesting that real-world assets—stocks, bonds, coffee, cocoa, gold, silver, real estate, etc.—were finally moving on-chain.

We’ve had 12 years of blockchain development and eight years of smart contracts, and now, the regulatory and technological landscape is such that billions, if not trillions, of dollars in real-world assets can be accessible on-chain. But the industry doesn’t have a dedicated piece of infrastructure to service this massive wave, which is the largest so far in crypto.

We realized that while platforms like Curve, Uniswap, and Sushi are great for memecoins, altcoins, and similar assets, they aren’t suited for foreign currencies and commodities. So, we spent 12 months developing a custom solution to fill this huge gap in the market, allowing the whole industry to grow.

That’s a bit of background on the genesis of the project. These town halls are going to grow significantly as we approach the full launch, but I’m excited to be here and happy to answer any questions. Just direct them as the crowd sees fit.

Jammers: Well, we’ve got a lot of questions from the community today, so we’ll be getting to them later on.

Pepe Elon:  But so I guess just to build on that Techemist, how do RWA’s fit into all of this for Stabull?

Techemist: Yeah, sure. So, what is an RWA? Let’s start there. It simply stands for real world asset—a broad term. Some people think it’s securities, real estate, or company equity, while others consider it to include commodities like gold, silver, cocoa, or orange juice. It captures all of these, much like the term NFT, which can represent everything from memes to multimillion-dollar artwork at Sotheby’s auction house.

The key is that, as a user, you want to use this new Web3 technology to transact in any asset you want, frictionlessly. You want to convert Swiss Francs to tokenized gold, Japanese Yen to Australian dollars, or gain exposure to Latin American cocoa or coffee production, or even Spanish olive oil. The vision is to swap one asset for another seamlessly, without friction or permission.

This requires mature DeFi infrastructure and smart contracts, as well as issuers who, in an audited and transparent way, make assets available on-chain. It’s crucial to know that the assets—whether coffee or gold—are legitimate and backed by audited reserves. We’re seeing this take shape, with BlackRock investing a billion dollars into RWAs and ecosystem projects like Plume (an Avalanche fork) and Kinesis.Money, which has over $100 million in gold and silver in vaults in Singapore, currently on Stellar and soon on other chains.

At Stabull.finance, we’re offering a home where you can swap one asset for another or dust off your asset, add liquidity, and earn interest. For example, I’m excited about earning 4% on tokenized gold because, traditionally, you’d have to pay storage fees for vaults. But with us, swapping USD to gold generates transaction fees, which translate into interest for liquidity providers.

In short, RWAs represent hundreds of billions of dollars, and we believe it will grow to $5 trillion by 2030 in DeFi and crypto. You need a place to swap these assets and earn liquidity, and that’s what Stabull is—a bedrock infrastructure for the single largest wave in crypto to date.

Pepe Elon: That’s a great answer, thanks very much. But what does the short to medium-term roadmap look like for the project, in your view?

Techemist: So let’s take a look at the trajectory, not just from here forward. In 2023, we did exhaustive research and development to find a more capital-efficient bonding curve. We reinvented the entire concept of a DEX and made sure it’s designed to integrate any chain or roll-up in the future. That took time because it had to be future-proof, considering game theory, tokenomics, and other factors.

Then we did an alpha test back in Q2, testing the initial product with minimal liquidity while we conducted audits. We invited a small group for the beta test, where we received great feedback on the UX/UI to make things more transparent and seamless as we completed the audits.

Now, we’re moving forward with our first partners and social media marketing campaigns to attract initial liquidity providers. We’ve integrated Polygon and Ethereum, have a few pools on each, and a few hundred thousand dollars of liquidity between them. We’re inviting early participants to add liquidity—whether it’s USD, Turkish Lira, Brazilian Real, or New Zealand Dollars on Ethereum or Polygon. More pools are being loaded this week, and those who participate will get a future airdrop, something the industry is accustomed to.

We’re working with Magic Square, which has hundreds of thousands of users, and we’re creating tasks like ‘follow us, add liquidity, perform a swap’ to earn future rewards. This is much more explicit and measurable than what we’ve seen in the past, where platforms vaguely suggested a reward for using their product.

Right now, we’re just coming out of stealth mode. We’ve gone from 0 to 25,000 followers on Twitter, and we’re growing our Discord and Telegram communities. User numbers and total value locked will skyrocket as we test our products fully, culminating in about 30 days with an Initial DEX Offering (IDO) or public sale. From there, we’ll switch to listings on large, reputable centralized and decentralized exchanges, making the system fully active.

Once the token is released, the full system will be functional. After the listing and token generation event, we’ll proceed with our decentralization roadmap to ensure that, regardless of what happens, nobody can take down the website, the dApp, or anything in between. We’ll continue adding new tools, making announcements, and integrating with more chains, L1s, L2s, and RWA issuers, pretty much on a weekly basis for the next 24 months.

Pepe Elon: Ok, I know we’re going to get to the chat, but do you have any pre-sale allocation remaining? And what is the minimum if someone were to make a purchase?

Sebastian: Hey there, I’m heading up the product side of Stabull. Just to quickly answer the pre-sale question: we concluded a pre-sale just over a week ago on Gempad, and as far as I know, there won’t be another pre-sale before the launch pads and listings around the TGE.

I’ve been working in crypto for about six or seven years, and within Stabull, I’m focused on the product side. I headed up the research for the AMM and optimizing the bonding curve for Stabull. The question that hasn’t been answered yet is how Stabull is different from other AMMs and why it solves the problems Techemist summarized for the RWA, stablecoin liquidity, and swapping space.

The main innovation for Stabull is that liquidity is dynamically recentered around an oracle—specifically, an off-chain fiat or RWA oracle. For example, in our NZDS-USDC pool, the liquidity is centered around an NZD/USD fiat oracle. This is different from other AMMs like Uniswap or Curve in how they recenter liquidity.

When generalized AMMs first started, they used a constant product AMM, which spread liquidity evenly across all prices. The problem was that liquidity was thin where most of the trading happened, meaning 99% of liquidity was never activated. Uniswap solved this by introducing liquidity bands, allowing users to focus liquidity where it should be centered. Curve does something similar with an internal oracle, which lags the liquidity to the trading price from a few minutes ago.

Stabull, on the other hand, uses an off-chain oracle because real-world assets, like tokenized gold or stablecoins, need real-world pricing. This helps solve the impermanent loss problem that many AMMs face, where arbitrageurs profit at the expense of liquidity providers. Arbitrage is important for keeping the Stabull pool in line with other markets like Uniswap, but by using an off-chain oracle to recenter liquidity, Stabull is a ‘proactive AMM.’ This means we don’t have to rely as much on arbitrageurs to realign the price because the liquidity is already recentered.

Pepe Elon: Ok, very cool. That’s a very comprehensive overview, it’s appreciated. And also, if your question isn’t asked, don’t worry—you’ll still get your XP and your role. So yeah, we’re obviously going to have to cherry-pick questions.

I heard a rumor that there are a couple of pools coming to the platform shortly. Is that true?

Sebastian: Tomorrow we’ll be launching USDT and DAI pools on Polygon. That means, instead of only being able to swap from USDC to other fiat stablecoins, you’ll now be able to swap from USDT or DAI if that’s the token you have.

Techemist: So we’ve been talking to our partners, working through this campaign focused on driving TVL and user growth. The simple question was asked: how many people already have New Zealand Dollar stablecoin, Turkish Lira stablecoin, Euros, or whatever else we currently have? Why not add DAI and USDT? Because people likely already have USDC, DAI, and/or USDT, right?

By adding these pools, people can contribute liquidity, which brings tremendous value to Stabull and helps boost initial liquidity, and we can reward them for that. So, we’re going to start by adding pools for assets people already have. It’ll take some time for our major RWA partners to get liquid enough on their end for us to load RWA pools on Stabull.

We’re starting with stablecoins like USDC, USDT, DAI, Turkish Lira, Brazilian Real, and Euros. We’ve spent two years talking to various RWA issuers, and they’re all coming online now, within the next few weeks. As they’re ready, we’ll add pools and create a home for them so their users—and our users—can turn around and say, ‘Our product is available on Stabull.finance.’

This should also answer the next question: what are we trying to achieve? We want to create an environment where people are actively asking, ‘Is your RWA listed on Stabull?’ because it’ll be the go-to place for staking or swapping RWAs. It’ll be far more capital efficient than any other platform for staking or swapping.

Pepe Elon: Yeah, that’s very cool. And with that, it’s probably a good point to segue into the campaigns we’ve got underway with Magic Square. So, Jammers, I was wondering if you’d like to give a bit of an overview on what’s going on?

Jammers: Yeah, I can. I’ve been on the call working out a couple of figures here, and we’ve hit some nice milestones. Our combined socials are now up to 48,560, with our Twitter approaching nearly 30,000. This is great because it’s a key metric that exchanges consider when thinking about listing a project on a centralized exchange. I know there were a couple of questions about that.

The campaigns we’ve been running, plus everything we did over the summer, have helped a lot. We had a conversation with one exchange last week, and they mentioned that our numbers are growing, engagement is good, and we’re on the right trajectory. We’ve also been having a bit of fun and banter with everyone here on Discord, which is why we decided to focus the community there rather than on Telegram—it’s easier to manage scams. I’ve been in crypto for over 10 years now, since 2014, and I just didn’t want to deal with that.

I also did a quick count of our total transactions through the DEX, and we’ve passed 12,420 swaps, which is great. That’s been driven by the campaigns we’re running. Before we launched the Magic Square campaign, we had a few thousand transactions, with some arbitrage bots trading back and forth. But now, if you look at Polygonscan, you’ll see normal swap volume from people completing liquidity tasks and participating in the Zealy campaign.

I’ve seen some feedback that the Twitter responses and task acceptances are a bit slow. Magic Square has two or three people working on that, but it’s a manual review process, and there’s a backlog of about 2,000 tasks. So, please bear with them as they work through it. Some tasks, like LinkedIn or YouTube subscriptions, are easier to check, but others, like reading tweets or blog posts, take more time.

As for creativity tasks, Turta asked if there will be more. We’ll probably do something like a meme contest soon. If you have any suggestions, feel free to drop them in. If it’s a good idea and engaging, we’ll definitely consider it.

We’ve put a lot of effort into balancing this campaign. Before my 10 years in crypto, I spent 12 years in the video game industry, and I know how important it is to balance things between different types of users—those who can spend money and those who can commit time. We’ve tried to apply that approach here. I’ll admit there were a few teething issues as we familiarized ourselves with the platform, but people have been patient. We’ve added basic social tasks and learning opportunities about the platform, which is long-term, high-finance focused.

We’ll also introduce tasks like surveys and crowd-sourced homework, where people can help us by gathering information—like finding stablecoins from their home country. The swap tasks will remain the same, but we’re watching to see how people engage. Some are doing $1,000 swaps, while others are doing smaller $10 or $15 swaps back and forth.

I tested the liquidity tasks myself, and it took a few days on Polygon. The daily tasks have been useful for getting liquidity onto the platform, which generates valuable telemetry for the product team to identify issues. Initially, people were adding liquidity for just one day, which helped show the platform worked, but it didn’t really fill out all the pools. That’s why we introduced Discord-specific roles and daily tasks.

If you can’t see the Discord roles in Zealy, check that your Discord is linked in your Zealy settings. We’ve set up roles like Liquidity Legend, and some people have already earned that role by adding liquidity for three days. We’ve also added roles like Water God and Water Goddess for adding liquidity to specific pools like EUR, TRYB, Singapore Dollars, and Brazilian Real. We really appreciate everyone who’s gone above and beyond to bring liquidity from other exchanges like Uniswap or DFX to the platform.

As more liquidity is added, swap volume increases, and bots help stress-test the platform. We’ve also set up tasks for attending today’s AMA, so everyone should be able to claim their Zealy task. We’ve had some teething issues, but the community has been great in helping each other out. When we start recruiting mods as the project grows, we’ll likely recruit from the community. So, some of you might be mods in the future, but that’ll be announced later on.

Pepe Elon: Thanks for that overview of all the campaigns. There are obviously a few happening on other platforms too, which is great to see as members come from those places.

It’s probably a good time to move over to the Q&A section. I see Techemist has been answering a lot of questions in the chat, so Techemist, so let’s get started!

So this one’s from Antonia,, our resident poet,, she asks, do you plan to co-operate and check your team in CertiK or maybe you cooperate with another organization? 

Techemist: I know a lot of people are eager to see the CertiK brand, but it’s almost like paying $2,500 for a handbag that costs $20 just because it has the Gucci brand on it.

CertiK is not our preferred security partner. We prefer Hackdra, who received a $400 million investment from Binance and ByBit. They handle in-house penetration testing and provide AI tools for monitoring cybersecurity for some of the world’s largest exchanges. We’ve chosen them to run a large bug bounty program, which will be announced in about a week or so—we’re currently designing it with their team.

We also like RD Auditors, who’ve been around for seven years and perform some of the most in-depth smart contract testing we’ve ever seen. I used to run and own a smart contract auditing company in the past, so I have experience with this.

I’m fully doxxed and KYCed with Hackdra through their Oznet KYC platform, which hundreds of crypto projects use. People seem satisfied with Hackdra’s Oznet solution for founders or core contributors like myself.

Pepe Elon: We’ll move to the next question, which is still on security. From Shi Lauzer: Can you guarantee that our liquidity in the pools is safe and that none of the project developers can access it if they want to? Are there security measures in place to prevent this, and if so, what are they?

Sebastian: Great question. One of our key considerations when building the smart contracts was that while we trust ourselves, we can’t expect everyone to trust people they’re just hearing from in a Discord town hall. The standard we’re aiming for is that even the smart contract owners can’t access or fake liquidity. Once you put your stablecoins into a pool and receive a liquidity pool token—even if you stake that in one of our vaults—the smart contract owners don’t have the ability to pull that liquidity out for themselves.

Some of you may have seen in the Discord chat that we’re upgrading the vaults to strengthen this standard over the next week. Our goal is for project developers or owners to have no control over liquidity providers’ funds, and you’ll always be able to withdraw your liquidity at any point.

There are emergency pause functions on the pool and vault contracts, but they only stop deposits—not withdrawals or claiming rewards in the case of the vaults. These are mostly used if there’s an issue to prevent new deposits. The upgrade I mentioned addresses a centralization risk related to this question. We’ll be posting an announcement in the next few days for those who’ve already staked, explaining how they can migrate to the upgraded contracts.

Techemist: I just want to add that security is paramount. We’ve lived through everything you could possibly imagine—from MtGox, Trade Hill, BTC-e, Criptsy, MintPal, and a decade of rug pulls, to other automated market makers, exchanges, and vault bearers. We’ve seen it all.

Not only have we audited our contracts, but we’re also adding bug bounties, penetration testing on the website, and proceeding with a plan called Progressive Decentralization over time. Additionally, 5% of all trading fees through the Stabull protocol will go toward an insurance pool.

In the extremely unlikely event of a hack, because we take security so seriously, we would have an insurance pool in place to consider payouts, which would be subject to a public governance vote. I think this is one of the only projects that has looked at every possible attack vector and surface and put measures in place to ensure the number one priority—users’ liquidity—is safe.

Our ultimate goal is not to be satisfied with a $5, $10, or $20 million market cap. We want hundreds of billions of dollars in trading volume on a monthly basis as a top 10 DeFi project. That’s the result if we get this right, and we’re aiming for unicorn status. It will take time, and we’ll get there step by step, but the trajectory is clear because this is the single largest addressable market in all of crypto and DeFi.

We take security extremely seriously for that reason.

Sebastian: I’ll just add, since you mentioned our progressive decentralization plan, that we’re working on DAO voting and enabling $STABUL token holders to vote on AMM upgrades, parameters, and even trading fees. However, at this time, pre-TGE, the AMM contracts and $STABUL token are controlled by a multi-sig wallet with two out of three signers.

In the future, we aim to transfer that ownership to a more DAO-governed system. I understand that centralization risk is a concern for anyone in DeFi. There’s always the risk of outsiders exploiting vulnerabilities, but there’s also the risk of project developers and owners doing the same.

When we conduct another round of audits, we’ll make it clear how the smart contracts reduce centralization risks.

Pepe Elon: Thanks, guys. That’s a really good overview on that topic as well.

I guess Chi Chi Garinchi, who’s well known from the early days and always popping up with questions, is curious about how the dynamic liquidity system functions. Does it adapt in real time based on user activity?

Sebastian: Yeah, another good question. I mentioned earlier how Stabull compares to Uniswap and Curve in terms of how liquidity is dynamically recentered. Stabull’s AMM uses an off-chain oracle, currently provided by Chainlink. So, for example, the NZDS to USD oracle or the Turkish Lira to USD oracle governs where liquidity is centered.

If you imagine a bell curve of liquidity, when the NZD to USD price moves from 61 cents to 65 cents, the liquidity moves with it. However, nothing actually moves behind the scenes until someone makes a swap or requests a swap price—like an aggregator requesting a swap price. That’s when the oracle price is taken into consideration. From there, the slippage depends on where the current swap price is in relation to the oracle price.

In our Gitbook, we have a diagram of our AMM pricing curve. A traditional constant product AMM has a curve where liquidity is spread out across the entire range. Our curve is more like a hybrid, with a flat section in the middle—the low slippage zone—centered around the oracle. In this zone, slippage is very low. But if the pool’s reserves move significantly outside this area, slippage increases, which incentivizes arbitrage to rebalance the pool in line with the oracle price.

Pepe Elon: OK, thanks very much for that. Jammers has posted a diagram for those who want to take a look at it. We’re about 50 minutes into this town hall, so we’re probably getting close to wrapping things up.

I did want to mention that we have a vote going on in the Magic Store to have Stabull listed, and it’s going well. Thanks to everyone who has contributed—we’re over 93% in approval rating. I’ll post that in the chat so everyone can see. If you haven’t voted yet, we’d really appreciate it if you could head over to the Magic Store and vote for us.

The links are in our official links and announcements.

So, is there anything anyone on the team would like to bring up before we wrap things up?

Jammers: Yeah, we’ve had a few people with questions translated from Ukrainian and Russian. So, Andre85, TRG, Vadim, Anvev20, and Deepan Raj, there are a few different questions here that Sebastian might be able to answer.

The questions include: when will new networks (I assume blockchains) be added, and when will there be the ability to connect wallets other than MetaMask? What’s the goal for the quarter? Some people are asking for a roadmap to better understand the project’s goals and future plans for product development. 

And there’s one specific question about why the total supply was set to 10 million.

Sebastian, would you be interested in answering some of these questions around chains, wallets, and the supply?

Sebastian: I can quickly go through those. I’ll start with our roadmap and the wallet support question.

Yes, we are looking to expand our wallet support in the near future. Currently, MetaMask is the only option when you click ‘connect wallet,’ but just FYI, you should be able to use it to connect most popular browser wallets, like Rabby or Coinbase Wallet. We’re definitely looking to improve our ‘connect wallet’ widget.

In terms of networks, we’re working on that now, but it has a longer lead time. We want to expand to different chains and launch on them. We’ve got a number of grant proposals in play with networks that are aligned with our goals or share similar principles, such as stablecoins and RWAs. These include Stellar, Meld, and Celo. We’re also interested in networks focused on traditional finance and institutional partners, like Hedera and XRPL, as well as those with large retail growth and low transaction fees, like Solana and Base.

We’ll announce any integrations we’re working toward as soon as we know more. Our long-term roadmap includes expanding Stabull to as many blockchains as we can realistically manage, with a focus on enabling multi-chain swaps.

Techemist: We’re very pleased to have reached a point where the dApp is safe and reliable. We’re confident that whether people add a dollar or $100 billion in liquidity, the functionality will scale seamlessly. So, the entire roadmap for Stabull, not just for this quarter but moving forward, is focused on adding more chains and more pools.

We’ve applied to Radix, Stellar, Base, and every one of these networks has real-world assets and stablecoins as their number one strategic priority for growing their chains. This has become a key focus across the industry—everyone is prioritizing RWAs and stablecoins for growth. So, theoretically, every month, we should be making announcements like, ‘Major chain partners with Stabull to unlock the multi-trillion-dollar real-world asset market.’ That’s what the headlines will look like as these deals are finalized.

We’ve spent two years developing these business relationships, and now they’re maturing. The timing is good. Right now, we’re focusing on initial growth for stablecoin liquidity, driving the Road-to-IDO with Magic Square and other partners. Our social media presence is increasing, and we’re adding more pools on Polygon and Ethereum.

In a few weeks, we’ll complete the TGE, list on centralized and decentralized exchanges, and then it’ll be one announcement after another: Stabull listed on more exchanges, Stabull partners with major players to unlock trillions in RWAs, Stabull adds more pools on new chains, new wallet integrations, and completes the next phase of decentralization.

If you can imagine those as headlines, you’ll have a clear understanding of our roadmap. In summary, Stabull is a simple project with two key offerings: the ability to swap one asset for another (like Swiss Francs for tokenized gold, oil, coffee, etc.), or to add liquidity to those pools and earn a reliable interest rate in a safe, audited method on the platform.

Pepe Elon: OK. 

 That’s that’s an excellent way to conclude on your side Techemist. Sebastian have any additional comments or Jammers?. 

Sebastian: As part of our roadmap, as we launch on new networks, we’re also working on the idea of multi-chain swaps. This would allow you to swap your NZDS on Polygon for tokenized gold on Hedera or XRPL. While this won’t happen in the short term, it’s a big focus for the medium term. Being able to migrate liquidity from EVM chains to newer chains that are more focused on stablecoins and RWAs will be a significant part of the project.

Pepe Elon: All right, thanks! Jammers? 

 Jammers: I’m just looking through the questions we answered earlier, and it looks like we missed one from Anton and Declan Chirush. This one is for you, Techemist. They both essentially asked: what inspired you to set up the business? What was the reason that made you say, ‘Right, we need to set up Stabull?

Techemist: Well, over the last 14 years, I’ve bought, licensed, acquired, disposed of, partitioned, and done everything in between with dozens of companies in the crypto space. I’ve been around since the early days, and when I had 12 different stablecoin issuers in a workshop telling me that the infrastructure they needed didn’t exist, I put my entrepreneur hat back on. I realized this is the largest addressable market in all of crypto, and they were telling me exactly what they needed—if it existed, they would use it.

Given the lack of competitors and the fact that no one had figured out the industry needed a capital-efficient swap facility and staking platform for RWAs and stablecoins, I saw a huge opportunity. Smart contracts and DeFi infrastructure have matured significantly with tooling, audits, and security. So, we decided to incubate and build this project on behalf of multiple stakeholders in the industry.

It might sound capitalist, but I saw an exploitable market opportunity that no one else realized was a big deal, and we built it because the industry told us they needed it. All we’re offering is the ability to swap one asset for another or to stake your assets and earn a reliable interest rate. It’s simple but scalable to literally trillions of dollars as the world transitions from the legacy financial system to on-chain. Stabull.finance is positioned as a permanent, long-term solution for the real world moving onto the blockchain!

Jammers: I just want to make sure we cover as many questions as possible in the last few minutes.

Amora Lxd asked: ‘Is there an approximate date for the TGE?’ And N Zeppitz asked: ‘When will the first $STABUL token sale take place?’

Obviously, we’re currently doing the Road-to-IDO with the Magic Square promo, but do we have any information regarding when the TGE is and when the first phase of the public sale will take place?

Techemist:  You can only launch once, so it’s extremely important to do it right. We’ve been in talks for months with various centralized exchanges and IDO launchpad partners, including Paid Network, Ape Terminal, Magic Square, and many others.

Currently, we’re aiming for the first two weeks of November for the public sale, which will then transition to a centralized listing, as well as decentralized listings. We have backing from some of the world’s largest market makers, so liquidity should be strong once we launch.

We have over 20 different exchange proposals to consider for our listing, but we’re keeping it open for now. Over the next couple of weeks, we’ll assess how well we can grow our TVL and traction through the Road-to-IDO with Magic Square. Once we see how things progress, we’ll lock in hard dates for the public sale. Then, within 5 to 10 days after completing all public sales, we’ll have the TGE and public listing.

This puts us roughly in November, as we want to avoid launching too close to Christmas.

Jammers: Cool. And I think the last question before we wrap up is from Oleksandr. This is probably one for you, Sebastian.

If someone really wants to dive deep into the details about the token—what it does, how it works, audits, and so on—where’s the best place for them to get that information?

Sebastian: Definitely the Gitbook. There’s an audit section in there where you can find all the audits, as well as a list of all our contracts. Aside from the pool contracts, which are the main ones users interact with, there are a lot of other contracts involved in the AMM. So if you want to dive deeper and check them on Block Explorer, feel free to do that.

We also have a GitHub linked in the Gitbook with all the contract code. If there are any questions or things that aren’t explained well in the Gitbook, please drop them in the Discord, and someone from the team will update it accordingly.

Pepe Elon: OK, well, gentlemen, thank you very much. This has been very insightful, I’m sure, for the media, Discord, and our community members. Thanks for joining us today. Jammers and I will be in the chat, and I’m sure Sebastian and Techemist will chime in from time to time as well. We plan to do these Town Halls more frequently in the future. If there’s anything you’d like us to add, please let us know.

Remember to vote for the Stabull listing on Magic Store. Thank you again to everyone who gave us an hour of your time. Cheers, guys!

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