the world's first bull-backed stablecoin. pegged to $1.00 nothing. climbing anyway.
TBA — deploying at launch
every stablecoin has a chart that proves it's boring. ours is trying its best.
transparency is important to us, which is why we are disclosing exactly what backs every stabull in circulation.
to whom it may concern,
we have inspected the reserves of the stabull treasury. the reserves were there when we looked. we looked once.
we further attest that each stabull is redeemable at any time for one (1) stabull, and that this facility has never failed.
— the auditor's cousin
*an attestation is not an audit. nothing is an audit. there has never been an audit.the numbers below are real, verifiable on-chain, and the only serious part of this website.
total supply. one token for every dollar of reserves we're comfortable discussing.
stability you can actually verify, for once.
liquidity locked in the barn. the barn is on fire. this is fine and permanent.
no owner. no admin keys. no adults anywhere in the building.
belief.
1 stabull in, 1 stabull out. instant. gasless if you don't do it.
stabull lives on stable — tether's chain where gas is paid in usdt. you spend dollars to move dollars. and now, to buy the bull.
you already have it. everyone already has it. that's the entire thesis of the chain.
send your usdt to the stable network. gas is a dollar that thinks it's gas.
trade the stable dollar for the stable bull. one of these two is lying to you.
you now hold a stablecoin that refuses the assignment. do not check the chart. check the chart.
hold the peg for several minutes. commemorative screenshot.
issue formal apology for the gains. apology is also bullish.
purely ceremonial. attended by nobody. fails on schedule.
the peg is not broken. the peg has simply been promoted.
in name, yes. in spirit, yes. in price, absolutely not. we consider two out of three to be industry-leading.
each stabull is backed 1:1 by one (1) stabull, redeemable at any time for itself. this peg has never broken and mathematically cannot. you're welcome.
we can attest that audits are a real thing that exists and that we respect them from a distance. see our letter of attestation above, notarized by the auditor's cousin.
because deploying the least stable asset imaginable on a chain literally named stable was funnier than every alternative we considered. also the gas is usdt, which means even our transaction fees are more stable than we are.
the peg only breaks in one direction: up. this is the entire technology. we call it proof of bull.
no. it is barely a website.