— Stabila is a decentralized blockchain platform that seeks to revolutionize the financial system. Its native token, Stabila (STB), increased in price by over 700% this year. Stabila’s aim is to create a free and global digital financial platform that offers the benefits of the distributed storage technology while providing its users with easy and cost-effective access to financial instruments.
What Is Stabila (STB)?
Stabila is a blockchain-based project that launched in 2021. It is quite unique at this time in that it didn’t seek to advertise any cryptography or network design-related improvements.
Stabila differentiated itself with its Global-focused market strategy. With a moderate community, it’s no surprise that the futuristic-sounding Stabila is seeing success.
How Does Stabila (STB) Work?
While Stabila is a separate coin existing on its own blockchain.
The Stabila network works on a few principles, with the first being decentralization. All data on the blockchain is completely free and not controlled by any central authority.
It is also possible for users to create their own tokens on the Stabila network. These tokens can then be used within users own decentralized applications (dApps) on the network. These newly-created tokens are underpinned by the main STB coin.
The final stage of the network development plan includes the support of stock and commodities asset tokenization. These marketplaces would be totally decentralized and users could use financial instruments directly.
Stabila works on a delegated proof-of-stake consensus mechanism. In this system, transactions are validated by 21 Governors that are entrusted to maintain the transaction history.
The Stabila blockchain gets a new block added every 3 seconds, and those that added the block get awarded 0.22 STB coins.
What Makes Stabila Unique?
Stabila is a very special cryptocurrency as it brings an entirely different perspective and goals to the market. There are no transaction fees for STB, which is quite a remarkable feat. On top of that, the network is able to support more than 2000 transactions every second.
Holding (and staking) STB gives users the chance to participate in the Executives’ selection process.
What Gives Stabila Value?
The biggest benefit of using Stabila is the fact that users from all over the world will have the option to fully access financial instruments.
Stabila is one of the leading projects that some call web 3.0. The main focus of the 3rd-gen web is to enable people to use the internet in a decentralized and open fashion, and this new network is one with real-world value baked in.
From a developer’s standpoint, Stabila is special because it’s currently being built to allow the use of high-level language for its smart contracts. Developers in the future will be able to use any and every programming language to build on top of Stabila’s open-software design.
How Many Stabila (STB) Coins Are in Circulation?
Stabila (STB) was first launched through an ICO, and raised around $7 million USD.
Stabila’s native token, STB, was created with a maximum supply of 30,000,000 with the current amount of STB coin in circulation sitting at 20,000,000. Stabila latest price is $9.06.
Other Technical Data
Stabila reached its all-time high of $12.82 in November 2021. Though the price is struggling, especially in the overall market conditions seen on 7th December 2021, STB is now rising in price and slowly gaining momentum.
How Is the Stabila Network Secured?
Stabila’s main security feature is its delegated proof-of-stake consensus mechanism. The system is overlooked by 79 Executives chosen by voters.
In a novel way of crowd-sourcing to fight the constant stream of bugs that can be associated with software development, The Stabila community has the chance to both contribute to development and earn rewards by participating in the Bug Bounty Program. In this program, the Stabila Public Chain offers generous STB rewards for any bugs or vulnerabilities exposed.
How to Use Stabila
The Stabila network is currently capable of supporting various applications however the licensed smart contracts future will be activated in Feb 2022. Stabila is used to transact, as STB transactions come with minimal or no fees.
How to Choose a Stabila Wallet?
Since Stabila is a new cryptocurrency, it is supported by its web wallet. In Feb 2022 Stabila is launching its IOS/Android wallet and support in Exodus.
Buying and selling STB tokens, or exchanging them for any other cryptocurrency, is done in mere moments when you store on our platform.
How to Buy Stabila
Users can buy Stabila (STB) on Stabila website. In January 2022 Stabila will be available on Moneta Digitec crypto exchange, followed by mainstream exchanges in March 2022.
Stabila Price
The current Stabila price is 0.09152438 €.
The 24-hour trading volume of Stabila is 200,000 STB. Stabila market cap is $182,255,179. It has a circulating supply of 20,093,739 Stabila.
Contact Info:
Name: Igor Scvortov
Email: Send Email
Organization: Moneta Holdings
Address: First Floor First St. Vincent Bank Ltd Building, James Street Kingstown, ST VINCENT AND THE GRENADINES
Phone: https://stabilascan.org
Website: https://stabilascan.org
Release ID: 89056452