Stabull Labs, operator of a decentralized exchange (DEX), has announced the upcoming public sale of its governance token $STABUL starting April 16.
Announcement of Token Launch
Stabull Labs announced the upcoming public sale of its governance token $STABUL, which is set to begin on April 16 via ProBit Global exchange. This sale is poised to be a significant step for their platform optimized for stablecoins and real-world assets.
Sales Strategy and Token Structure
The Initial Exchange Offering (IEO) will occur in three phases, starting with a 72-hour offering on ProBit’s Launchpad at a fixed price of $3 USD per token. The $STABUL token has a total supply of 10 million, with 20% locked for protocol-owned liquidity.
Planned Updates and Integrations
As part of its 2025 roadmap, Stabull Labs has outlined several key upgrades, including integration with the Base network and expansion of DeFi aggregator support, which will enhance trading volumes and liquidity provider revenue.
The public sale of the $STABUL token and the planned updates are anticipated as significant developments for Stabull Labs and will strengthen its position in the DeFi market.