STB (stabble) 24-hour pump 1.36%

Gate News Bot news, on October 29, according to CoinMarketCap, as of the time of writing, STB (stabble) is currently priced at 0.01 USD, having risen 1.36% in the last 24 hours, with a high of 0.01 USD and a low of 0.01 USD. The current market capitalization is approximately 489,300 USD, an increase of 6,569.38 USD compared to yesterday.

stabble is the first frictionless liquidity and trading layer on the Solana blockchain, providing liquidity for ultra-efficient liquidity pools and offering advanced yield farming and hedging tools. The project aims to provide traders with efficient swap rates and maximize capital efficiency for liquidity providers through improved pool architecture, smart liquidity routing, margin liquidity, and smart liquidity arbitrage.

Important news about STB recently:

1️⃣ Stablecoin protocol STBL launches MFS Beta phase The STBL protocol has introduced the Beta version of the Multi-Factor Staking (MFS) module in its application. This new feature allows users to lock STBL tokens or a combination of STBL and USST, with a locking period selectable for 3 days, 7 days, or 14 days. This move aims to enhance the platform's liquidity management and user engagement.

2️⃣ BNB Chain launches MFS feature The MFS function of STBL will operate on the BNB chain, a choice that may be aimed at leveraging the efficiency and broad user base of the BNB chain. Expanding business in a multi-chain ecosystem helps STBL to increase its market influence.

3️⃣ Daily Staking Rewards Program STBL has launched an attractive staking rewards program, with an average daily reward size of approximately 115,200 STBL tokens. This incentive mechanism is expected to attract more users to participate in staking, thereby increasing the protocol's total locked value (TVL) and overall stability.

Although STB and STBL are different tokens, the positive developments of STBL as part of the stablecoin ecosystem may indirectly affect the market performance of STB. Investors may maintain an optimistic attitude towards the entire stablecoin sector, which could explain the recent slight rise of STB. However, the specific extent of the impact needs further observation of market reactions.

This message does not constitute investment advice; investors should be aware of market volatility risks.