Minting soon$STABLE
Arc settles tokenised treasuries for banks. Its validators are BlackRock, DTCC, Visa and Mastercard. We put a coin with a dongkey on it.
6,666,666 $STABLE. Fixed supply, mint function renounced at deploy, and not one of them sold by us at any price. It exists because 6,666 dongkeys deserved a coin, not because it does anything for you.
$STABLE is not a stablecoin. Obviously.
The numbers
Everything that can be fixed in a contract is fixed in a contract. Supply is capped, the mint function is renounced, liquidity is locked, and the team allocation cannot move for three months and then only gradually.
None of that is generosity. It is the list of things we have made ourselves unable to do to you.
Where it goes
Total 6,666,666. Supply never inflates.
The rules and the burn
- ■$STABLE launches once 80% of the collection has minted. Not before.
- ■Supply is fixed at 6,666,666. The mint function is renounced at deploy, so there is never a second one.
- ■Not one of them is sold by us at any price.
- ■Liquidity is locked and the team allocation sits behind a 3-month cliff, then unlocks gradually.
- ■At least 80% of project revenue buys $STABLE and burns it, monthly.
Every lock, burn and treasury address is published and linked, not stated. The burn address is published before the first burn.
$STABLE is not a stablecoin. Obviously. It is not pegged to the dollar or to anything else, it is not backed by reserves, and it is not issued by or affiliated with Circle. Its price can go to zero. Nothing on this page is financial advice or an offer to sell anything, and nothing here is a statement about future price.