Stabble宣布IDO：引入一个用于分散交流的新模型

将效率，公平交易和更高的收益率提高到Defi

A new decentralized exchange (DEX) is launching on Solana with an Initial DEX Offering (IDO) on Fjord Foundry.

新的分散交易所（DEX）在Solana上发起，并在Fjord Foundry上发出了初始DEX产品（IDO）。

stabble, a DEX focused on efficient liquidity utilization and reduced impermanent loss, will be offering its $STB token to early participants. The event will take place from May 19 to 21, 2025, with an opening price of $0.10.

Stabble是一种专注于有效的流动性利用和减少无常损失的DEX，它将向早期参与者提供其$ STB令牌。该活动将于2025年5月19日至21日举行，开头价格为0.10美元。

The IDO will use Fjord Foundry’s Liquidity Bootstrapping Pool (LBP) model for a more efficient and broader token distribution. The sale starts with a high price that decreases unless buying activity stabilizes it, aiming to prevent large early buyouts and enable more participants to acquire tokens at a fair price.

IDO将使用峡湾铸造厂的流动性自举池（LBP）模型，以更有效，更广泛的代币分布。销售始于高价，除非购买活动稳定下来，否则旨在防止大量的早期买断，并使更多的参与者以公平的价格获取令牌。

About stabble

关于刺

stabble presents a new approach to automated market making (AMM) on the Solana blockchain. AMMs enable cryptocurrency trading without traditional order books, with prices set algorithmically via liquidity pools. However, many AMMs require large liquidity reserves and end up using a small fraction of those funds.

Stabble为Solana区块链上了一种新的自动化市场制造方法（AMM）。 AMMS启用无传统订单书籍的加密货币交易，其价格通过流动性池设置为算法。但是，许多AMM都需要大量的流动性储备，最终使用这些资金的一小部分。

stabble’s model is designed to reduce liquidity requirements by up to 97% compared to conventional DEXs while achieving the same level of trading volume. The exchange also aims to change how arbitrage—the practice of profiting from price differences—functions in DeFi.

与传统的DEX相比，Stabble的模型旨在将流动性要求降低多达97％，同时达到相同的交易量。该交易所还旨在改变套利的套利（从价格差异中获利的实践）的方式。

On most decentralized exchanges, external arbitrage traders take advantage of price discrepancies 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.

在大多数分散的交易所中，外部套利交易者以牺牲流动性提供者为代价利用价格差异。 Stabble整合了内部套利机制，使流动性提供者可以捕获原本将由第三方提取的利润。这种结构旨在减少无常损失，在这种风险中，流动性提供商最终持有由于价格转移而损失价值的资产。

The platform is built for both traders and liquidity providers. Traders benefit from low slippage and competitive fees, while liquidity providers gain higher capital efficiency and additional revenue streams through arbitrage participation.

该平台是为贸易商和流动性提供商构建的。贸易商受益于低水平和竞争费，而流动性提供者通过套利参与获得了更高的资本效率和额外的收入来源。

How stabble’s Liquidity System Works

Stabble的流动性系统如何工作

stabble’s liquidity pools operate differently from traditional DEX models. It supports weighted pools, which optimize liquidity utilization across volatile assets, such as USDC-STB or ETH-WBTC, at a 70:30 ratio. In addition, composable stable pools are available for stablecoin trading, such as USDC-USDT, offering lower transaction fees and minimal price fluctuations.

Stabble的流动性池的运作方式与传统DEX模型不同。它支持加权池，以70:30的比例优化了遍布USDC-STB或ETH-WBTC等挥发性资产的流动性利用率。此外，可组合稳定的池可用于Stablecoin交易，例如USDC-USDT，提供较低的交易费用和价格最小的价格波动。

To improve efficiency, smart liquidity routing automatically moves liquidity into pools with the highest trading activity and yield potential. This automated system adjusts in real-time, ensuring liquidity providers achieve optimal returns.

为了提高效率，智能流动性路由会自动将流动性转移到交易活动最高和收益潜力的池中。该自动化系统实时调整，以确保流动性提供商获得最佳的回报。

Another key innovation is smart liquidity arbitrage (SLA), where arbitrage bots monitor price differences across exchanges. These bots execute trades when profitable, keeping prices aligned while generating extra yield for liquidity providers who contribute to SLA-enabled pools.

另一个关键的创新是智能流动性套利（SLA），其中套利机器人监视交易所之间的价格差异。这些机器人在盈利时执行交易，使价格保持一致，同时为支持SLA支持池的流动性提供商产生额外的收益率。

The $STB Token and Governance

$ STB令牌和治理

$STB is the core utility token within the stabble ecosystem, facilitating governance and staking.

$ STB是Stabble生态系统中的核心实用程序令牌，促进治理和立场。

Users can lock $STB to receive veSTB (vested escrow) tokens, which offer governance rights. Unlike traditional staking, where rewards are based solely on time, veSTB multipliers increase based on longer lockup periods, encouraging long-term commitment. The veSTB locking multiplier can be up to 4.3x.

用户可以锁定$ STB以接收提供治理权利的Vestb（既得托管）令牌。与传统奖励仅基于时间基于时间的传统参与不同，VestB乘数根据较长的锁定时间增加，从而鼓励长期承诺。 VestB锁定乘数最多可高达4.3倍。

Governance is fully decentralized, allowing veSTB holders to vote on key protocol decisions, including liquidity pool structures, fee allocations, and arbitrage mechanisms. This model gives active participants direct influence over platform updates.

治理是完全分散的，允许Vestb持有人对关键协议决策进行投票，包括流动性池结构，费用分配和套利机制。该模型使积极参与者直接影响平台更新。

How to Join the IDO on Fjord Foundry

如何在峡湾铸造厂加入IDO

To participate in the IDO, users need to connect a Solana-compatible wallet, such as Phantom or Solflare, to Fjord Foundry’s platform. The sale accepts $USDC, and purchases can be made once the event starts.

为了参与IDO，用户需要将彼此兼容的钱包（例如Phantom或Solflare）连接到Fjord Foundry的平台。销售接受$ USDC，并且一旦活动开始，就可以进行购买。

The IDO runs from May 19 to 21, 2025, beginning and ending at 2 PM UTC. After the sale, token claims will be processed through Streamflow, the designated vesting tool, with distribution details available by February 26.

IDO从5月19日至2025年21日，在UTC开始和结束。销售后，代币索赔将通过指定的归属工具strailflow进行处理，并在2月26日之前获得分发详细信息。

What’s Next for stabble?

刺是什么？

Following the IDO, stabble will focus on expanding its ecosystem with smart liquidity arbitrage enhancements, integrating more trading pairs and external liquidity sources to improve price alignment and boost liquidity provider earnings. Governance upgrades will also give veSTB holders greater control over key protocol decisions, ensuring a more decentralized and community-driven platform.

在IDO之后，Stabble将专注于通过智能流动性套利增强功能扩展其生态系统，整合了更多的交易对和外部流动性来源，以提高价格一致性并提高流动性提供商的收入。治理升级还将为Vestb持有人提供对关键协议决策的更大控制权，从而确保一个更加分散和以社区为导向的平台。

To strengthen its role in DeFi, stabble plans to integrate with other protocols, improving cross-chain compatibility and asset accessibility. Additionally, new analytics tools will provide liquidity providers and traders with real-time insights into trading volume, yield, and impermanent loss, helping optimize decision-making. These developments are aimed at enhancing capital efficiency, reducing slippage, and creating a more sustainable decentralized trading environment.

为了加强其在DEFI中的作用，Stabble计划与其他协议集成，改善跨链兼容性和资产可访问性。此外，新的分析工具将为流动性提供者和交易者提供对交易量，收益率和无常损失的实时见解，从而有助于优化决策。这些发展旨在提高资本效率，降低滑倒并创造更可持续的分散交易环境。

Get Involved

介入

The stabble IDO offers an opportunity for early adopters to secure $STB at the most competitive price while participating in a next-generation decentralized exchange. Connect your wallet, review the sale details, and join the growing DeFi ecosystem.

Stabble Ido为早期采用者提供了一个机会，以最有竞争力的价格获得$ STB，同时参加下一代分散交易所。连接您的钱包，查看销售详细信息，并加入不断增长的Defi生态系统。

For further updates and information, visit https://stabble.org/

有关更多更新和信息，请访问https://stabble.org/