GM Nablans!
What an incredible week we've had! From wrapping up our Fjord sale in less than a minute to completing the TGE and distributing our Airdrop, it's been nothing short of monumental on the Planet.
We have a lot to share, but let's take a closer look at some of the milestones we've had so far and celebrate them together.
$NABLA sale on Fjord Foundry
We did it! In under 90 seconds, our public sale on Fjord Foundry sold out with $300,000 raised at a fully diluted valuation (FDV) of $6 million.
This milestone proves our community's vote of confidence and excitement on our mission to redefine DeFi for liquidity providers—and we can’t thank you enough for being part of this journey until now.
So, what's next?
Funds raised from Fjord will power our progress on our roadmap. We'll integrate more with aggregators and solvers, unlock even more yield opportunities for LPs, and ensure Nabla's growth is sustainable and unstoppable.
Token Generation Event (TGE)
The $NABLA went live on December 9, 2024, at 6 PM UTC, and here’s what you need to know so far:
Advisor token vesting contracts were set up on Sablier to ensure transparency and structure.
SAFT Holders and Fjord Participants tokens were distributed and 100% unlocked at launch.
Our community Airdrop saw over 15,000 wallets receive 30M fully unlocked $NABLA tokens, corresponding to 3% of the supply.
We have over $450,000 ($150k in WETH and $300k in $NABLA) to ensure smooth swapping.
$NABLA Airdrop: Rewarding Our Community
Imagine waking up to find $NABLA in your wallet(100% unlocked). That's exactly what happened to 15,000 Nablans! We airdropped all the tokens, and saved our community the hassle of claiming. This is our little way of saying thank you for your support and early adoption. The most exciting part is that most of you are hodling, because we all know $6M FDV is just scratching the surface.
TVL, Volume Growth, and Token Utility
Nabla Planet is buzzing, and the metrics prove it. In the last seven days alone, we’ve had over $8.5 million in swap volumes.
The $NABLA token powers our ecosystem and will soon support staking. Holders will earn $sNABLA through staking for governance voting and other protocol activities.
Stakers will also receive 20% of external incentives from token issuers, with rewards dynamically adjusted based on staked amounts, boosts, and available liquidity incentives.
You can get complete details about this from our official documentation.
$NABLA Swaps
Use Aerodrome directly or DeFi/DEX aggregators to swap $NABLA . Our official pool is ONLY available on Aerodrome.
Be cautious of unofficial pools and fake contract addresses out there. Always cross-check using the link below before making any swaps.
Check on Dexscreener
Increased the pool caps on Arbitrum.
You can read the announcement on X:
Heads up, Nablans!
Liquidity mining Season 2 which started on Dec 6, will use $AMBER S2, a new token for points.Pool caps on Arbitrum have been increased for $WBTC, $WETH, $ARB, and $USDC.Backstop pool point emissions have been updated to 15,000 (Arbitrum) and 5,000…
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What's Next?
The Fjord sale, TGE, and Airdrop were just the beginning. Here are more things to come that we are currently working on:
Launching a "Meme Hub" with initial pools for MOG and DEGEN (and hopefully soon, BRETT) on Base.
Displaying the protocol TVLs in our Website UI.
Releasing LP token staking to automatically earn $AMBER rewards (no more manual calculations and send-outs).
Integrating Propellerheads to give solvers easy access to Nabla pools, which should boost volumes and APRs.
We hope to complete all these before the Christmas break. Gnabla!
