๐$VBS & sVBS token
General information
Token Name
VBS Protocol
Token Ticker
VBS
Token Network
Solana
Total Supply
500,000,000
Initial Price
$0.040
Initial circulation supply (excl. liquidity)
75,000,000 (15%)
Initial market cap (excl. liquidity)
$695,000
Initial market cap (incl. liquidity)
$1,295,000
Initial circulation supply (excl. liquidity) %
3.48%
Fully diluted market cap.
$20,000,000
$VBS & sVBS token utilities
$VBS is our primary utility token. For locking $VBS tokens within our staking pool, users receive sVBS (ve = vested escrow) tokens, which enable multipliers, governance functions, and discounts. The veVBS tokens are non-transferable.
1. Staking rewards: 5% of all protocol-generated fees will be distributed towards the $STB staking pool, sVBS holders can receive an APY multiplier of up to 5.30x
Governance: The stabble DAO will be governed by STB holders
How to get sVBS tokens
Users can lock their $VBS tokens for 1 between 30 months within our staking smart contract and will receive sVBS tokens in return.
The sVBS multiplier
The formula for the sVBS multiplier is the following:
multiplier = 1.05หฃ, whereas x is the number of locked months.
Through implementing these sVBS tokenomics, we incentivize users to lock their tokens and keep them out of the available supply and reduce the sell-pressure on a long-term basis. On top of that, we are protecting our governance mechanisms as we require our users to lock their tokens for a minimum of one month before participating.
Extra Utilities
Pay for audits and KYC verifications
Reward Users who submit code for VBS Cross Extension AI Scan.
Staking for security providers who validate results
Projects get insurance coverage by depositing $VBS Token into an insurance pool and earn rewards on top of that.
Holders get access to the products (token-gated membership), vote on platform decisions about risk, claims and update.
Last updated