SBL Token

SBL is the native governance token of Stabolut.

Utility

1. Governance: SBL holders can vote on protocol parameters, risk management, and new collateral additions.
2. Staking: Users can stake SBL to receive veSBL.
3. Revenue Share: A portion of protocol revenue is used to buy back SBL from the market, which is then distributed to stakers.

veSBL

veSBL (Vested Escrow SBL) represents your voting power and share of the protocol. It is non-transferable. The amount of veSBL you hold is determined by the amount of SBL staked and the duration of the lock.

Distribution

Please refer to the Tokenomics section for detailed allocation and emission schedules.