[ANN] STABLE - Stabilizing Digital Tokens

[ICOcountdown.com]

CROWDSALE DATE: 03rd of September until 01st October

The goal of the project’s team is to stabilize the token markets and, at the same time, ensure a relative stability of the STB token value over time.

The team expects to deliver the annual volatility (variability) of project’s net assets and therefore STB token price that is much lower (about 5-10 times lower) than that of other major digital tokens.

There are couple of types of inefficiencies manifesting themselves in digital token markets that STABLE project will attempt to close, such as: inter-exchange inefficiencies (premium/discount of the same token at various exchanges), temporal inefficiencies (various borrow/lending rates on different exchanges), liquidity based inefficiencies, excess volatility, etc.

Following the successful ICO, project team will deploy software to scan cryptocurrency markets for data such as: token, futures and CFD prices, swap/borrow levels, etc. It will screen for multiple opportunities among crypto exchanges on a real time basis. Signals that can be used by relatively simpler strategies will be fed to algorithmic APIs and executed automatically, while those used by more sophisticated ones will be passed on to the project team for “manual” execution.

Immediately following the successful crowdfunding phase, the project team will proceed with the setup of legal entities. Jurisdictions of stable democracies with strong rule of law will be preferred. Digital token exchanges will be approached to list the STB token in order to allow token exchangeability and provide a reliable day-to-day market price. Algorithmic APIs will be deployed. An accounting company that has sufficient experience with digital token accounting will be chosen. Finally an auditing company will be hired in order to ensure reliability of financial reports.

The STABLE project will NOT be a passive holder of digital tokens, we are NOT token-pickers. All of the trades will be executed based on the size of inefficiencies to be found. One of the primary goals of the STABLE project is the creation of a digital token, which is more stable in value than other popular tokens. If the goal is achieved by the project team, holders of the STB token will enjoy all the benefits of digital tokens such as speed of transacting, global transferability and anonymity, coupled with much lower volatility of prices across time. Additionally, if the economic benefits of executing stabilizing transactions exceed the costs of running the STABLE project, value of the STB token will rise over time, thus benefiting holders of the token.

In case of the STABLE  project there is NO „development fund” or „reserve fund”, etc. The project team will be compensated for their efforts solely by a fixed percentage fee of up to 2.5% annually plus a variable performance fee of up to 20% on the increase in STB token value. 100% of the ETH raised during the ICO will be exchanged for the STB tokens and will be used for stabilizing the token markets and various exchanges throughout the world.

      


























PROJECT TEAM


      


ADVISORS

[$crypto$]

Interisting
Waiting update detail coin

[btcdee]

So if I understand this correctly, your token is tied to the value of your company's portfolio which will be traded on exchanges by your bots in order to achieve price stability?  thanks

[Tuwie2]

I think i read somewhere that they want to create a Stable token and its construction is aimed at delivering much lower price volatility.

Considering they say it 3 times under "The Project"  Im gonna to take a guess and say thats what they want to do.

[btcdee]

I think i read somewhere that they want to create a Stable token and its construction is aimed at delivering much lower price volatility.

Considering they say it 3 times under "The Project"  Im gonna to take a guess and say thats what they want to do.

Tuwie2, I read the announcement and the whitepaper. Achieving price stability is the obvious part. I'm asking if I understood the HOW which is not completely clear to me.

[lisasteca]

do we need to get more info about the project sound interesting to me, could you please add more on your thread , thanks so much to the dev team! Do you have any social bounty?

[Stable Project]

Tuwie2, I read the announcement and the whitepaper. Achieving price stability is the obvious part. I'm asking if I understood the HOW which is not completely clear to me.

On the HOW:
The assets of the project will mainly be held in different tokens, but the tokens will be hedged. Meaning - they will have an opposite transaction open of approximately the same value. Profits can be created in several ways, but one of them will be price differences in different countries or different currencies in the same tokens.

For example, if you can buy BTC for 2500 USD in one exchange and at the same time you can sell BTC at a higher price (in order to hedge/eliminate BTC price variability risk) you have a neutral, low volatility position, with an expectation of profits because the difference should close at some time in the future - either by cheap/low price going up or the expensive/high price going down.

A similar strategy would be to buy a token on one exhange and sell on another one, but you would then be subject to price volatility for the time of the transfer. This can be anywhere between 1 hour to 1 day (some exchanges do withdrawals only once every 24 hours). This could still be an acceptable risk, if the price difference is high enough.

Other strategies to be implemented are more complex to describe, some may require more specialized knowledge, such as option pricing.

[entar pasar]

it's very interesting project.. good job

[Sy]

What's going to be the maximum number of tokens that can be created during the crowdsale campaign?

And 10 STA/ETH is this price already fixed or can be changed?

[Stable Project]

What's going to be the maximum number of tokens that can be created during the crowdsale campaign?

And 10 STA/ETH is this price already fixed or can be changed?

The number of the STB tokens will depend on the number of the ETH transferred (subject to the bonuses). The max supply is effectively unlimited (we have coded the max supply of 100 million tokens into the smartcontract).

The 10 STB = 1 ETH exchange ratio will likely be unchanged, as ETH has been relatively stable for the past several weeks. We may revisit just prior to ICO, if ETH will be worth more than 400 USD or less than 100 USD.

[Rengganis]

Achieving token price stability is not an easy thing to do, I hope this project has a good plan with it, because not necessarily, token price stability will be liked by many people, even though this project has a good concept, it will not be easy to do, but this project has a good team, good luck team

[castiloros]

Achieving token price stability is not an easy thing to do, I hope this project has a good plan with it, because not necessarily, token price stability will be liked by many people, even though this project has a good concept, it will not be easy to do, but this project has a good team, good luck team

Agreed, price stability good concept and a good team behind a project is the source for a good project, but it also a need a good marketing so peoples will know and like the coin in many ways, so the will stay to support it.

[btcdee]

Tuwie2, I read the announcement and the whitepaper. Achieving price stability is the obvious part. I'm asking if I understood the HOW which is not completely clear to me.

On the HOW:
The assets of the project will mainly be held in different tokens, but the tokens will be hedged. Meaning - they will have an opposite transaction open of approximately the same value. Profits can be created in several ways, but one of them will be price differences in different countries or different currencies in the same tokens.

For example, if you can buy BTC for 2500 USD in one exchange and hedge it at a higher price, you have a neutral, low volatility position, with an expectation of profits (because the difference should close at some time in the future - either by cheap/low going up or the expensive/high price going down).

A similar strategy would be to buy a token on one exhange and sell on another one, but you would then be subject to price volatility for the time of the transfer. This can be anywhere between 1 hour to 1 day (some exchanges do withdrawals only once every 24 hours). This could still be an acceptable risk, if the price difference is high enough.

Other strategies to be implemented are more complex to describe, some may require more specialized knowledge, such as option pricing.

Thanks for your detailed explanation. It is an interesting approach that probably requires trading skills at the highest level. Looking forward to learning more about it..good luck!

[Pedrosal]

Hello, What profit we could expect every year?

[kelly19]

Carefully read the details, feel apparently someone had done such a thing before, maybe this project is different from different places, with the maturity of the market, should be able to obtain some achievements, in addition the project has a bounty?Twitter, bitcointalk or airdrop?

[Stable Project]

Hello, What profit we could expect every year?

Other than a bank deposit, there's never a "certain" investment. We would like our project to deliver much better returns than stocks at similar level of risk. Stocks have historically returned 8-10% on average annually, we'd like to aim at 20+%, but this is in no way guaranteed. Please also note, that our project's objective is to make overall digital tokens markets more efficient and more stable. This could help in wider acceptance and adoption and may, indirectly, create some value for owners, investors, buyers and sellers of the digital tokens.

[Wal.Bob12]

This looks interesting. Do you guys have a history with ICO? Love to hear more about it! Cheers!

[Stable Project]

This looks interesting. Do you guys have a history with ICO? Love to hear more about it! Cheers!

Thank you for the encouraging words. This will be the first ICO for the team. However, the smartcontract has been thoroughly tested: on our private blockchain, in two test environments (Ropsten and Rinkeby), as well as on live Ethereum blockchain. The code is available at: https://gist.github.com/stableproject/a5d86b94db7f62ebd0b2f1c286a23233

[zhongzy]

CROWDSALE DATE: 03rd of September until 01st October,so I still have enough time to collect eth to invest on this token.hope the team and the devs stay on top of things and make sure everything runs smoothly!

[Pedrosal]

if you have Stable existing now, what would be your recent trade?

[Stable Project]

if you have Stable existing now, what would be your recent trade?

Over the past several weeks there have been two events, which delivered good results with very little risk: bitcoin hard fork and bitcoin breaking out above 3000 USD.

In the first case, good results were achieved with a strategy that bought bitcoin and at the same time took an opposite, equal in value offsetting position in bitcoin futures or swaps.
As the value of distributed Bitcoin Cash distribution was as much as 10-15% of Bitcoin immediately following the fork, substantial profits could be realized with relatively low risk. The reason for that was that outright bitcoin position "earned" newly created Bitcoin Cash, while the short position in derivatives were not subject to any value being subtracted. Even now, at the moment of writing, Bitcoin Cash is worth about 6-7% of Bitcoin, which is a reasonable estimate of the level of low risk profits that could be achieved from this one event.

In the second case, our software has recorded multiple inefficiencies at the moment of the breakout. Bitcoin in different curencies and in different countries has been moving up at different times. The biggest anomalies have been about 3-5%, this is how much will be earned when the prices normalize.

[Stable Project]

Dear,

I strongly encourage you to read our short post on our blog about the results of very simple strategy called "volatility control".
Our blog post answering the question "How much could one earn over the past 5 years if one invested in Bitcoin, but attempted to have NO MORE RISK than while investing in equity indices such as S&P500, Nikkei 225 or Eurostoxx 50".
The conclusion is that over the past 5 years, despite bear market on Bitcoin during 2014-2015 years (max. drawdown -87% !!!), our strategy made from 5 to even 9 times higher returns taking the same risk while investing in developed market equities.
The detailed performance, charts and other details you will find on our Blog https://stable.foundation/comparing-bitcoin-stocks-investment-similar-level-risk/

Best Regards,
Stable Project Team

[Pedrosal]

When trading there are always losses. Could you estimate potential losses ?

[Stable Project]

When trading there are always losses. Could you estimate potential losses ?

Sorry for the delayed answer:

The losses can come from several sources:
- the strategies and trading performed by the project team,
- activities in control of cryptocurrency exchanges,
- activities related to ethereum protocol,
- other unexpected events.

Concerning the activities in control of the project's team, they are aimed at delivering relatively low risk as compared to other tokens, so the expected interim losses (that may occur from time to time) are also much smaller than that of bitcoin, ethereum, etc.

However, please note that a substantial portion of project's assets will be kept at cryptocurrency exchanges, which have, in the past been subject to hacking and theft. Also, the ethereum protocol is new and may be subject to bugs or security weaknesses, which are beyond project's team (or anyone's) control.

Please refer to the section dealing with risks in the legal document, as posted on the project's website:
https://stable.foundation/legal-info/

[Stable Project]

Dear All,

Please find the link for the interview we did for coinist.io portal:

https://www.coinist.io/stabilize-token-markets/

Best Regards,
Stable Team

[Stable Project]

Hello,

We have posted a presentation of our project in the blog.

https://stable.foundation/149-2/

Best,
Stable Team

[Stable Project]

Dear All,

Yesterday we had very deep diving interview at Investitin.com - check this out:
https://www.investitin.com/stable-arbitrage-cryptocurrencies-increasing-value-stable-coin/

Regards,
Stable Team

[Stable Project]

Dear All,

I would like to inform you that STABLE token ICO will start in less than 2 hours.
Please find the term sheet of the STABLE token ICO:

        TERM SHEET

1.   The crowdfunding phase of the project will take place over 28 days between the 03-rd of September and the 01-st of October, 2017.
2.   It will take a form of Initial Coin Offering (ICO), wherein Ethereum (ETH) tokens will be exchanged for the newly created STB tokens.
3.   ICO will start on the 3rd of September 2017 at block start 4232000 (about 00:00 UTC time)
4.   ICO will end on the 1st of October 2017 at block end 4332000 (about 23:59 UTC time)
5.   The base exchange ratio is set at 10 STB tokens for each 1 ETH token. Therefore 1 ETH = 10 STB.
6.   ICO address: please visit our web page in order to obtain the ICO address https://stable.foundation
7.   Early participants in the crowdfunding exchange will enjoy a premium of:
        a)   6% during the first 7 days,
        b)   4% in the second 7-day period,
        c)   2% in the third 7-day period,
        d)   Crowdfunders exchanging ETH for STB in the final quarter of the ICO phase will be subjected to the base exchange ratio of 10
                STB/ETH.
8.   The ICO is programmed on Ethereum platform using Solidity language.
9.   Tokens are in ERC20 standard with ERC23 extension Solidity language protocol – you can view the ICO code under this link:
        https://gist.github.com/stableproject/3f9cb84438dadf1b4160c37fe9fd7b02
10.   For more details please refer to “Crowdfunding manual” document on our web page https://stable.foundation

[Stable Project]

Bitcoin fell ~~20%. Not by the same percentage and not at the same speed (time) in different countries. Plenty of arbitrage opportunities in order to stabilize markets.
At some exchanges prices vary from -2,5% up to + 6% versus average BTC price in the markets.
Similar situations in ETH, LTC and DASH but faster price action.


Regards,
Stable Team

[Stable Project]

Our STABLE token ICO succeeded.
We would like to thank all of our donors.
We will shortly start to close inefficiencies in crypto markets.


Best Regards,

Stable Project Team