stall

token

$STALL

The first-loss and governance token of STALL. Staked in front of underwriters, paid a share of premiums, and reduced by buy and burn.

not launched

$STALL has not been launched. There is no contract address, no price and nothing to buy. The only official announcement will come from x.com/stallbase (opens in a new tab).

Treat any token, address, sale or airdrop claiming to be $STALL that is not announced there as unofficial.

status
not launched
supply
to be announced
allocation
to be announced
launch date
to be announced
contract address
none published
price
none · not trading
01utility

what staked $stall does.

  1. 01

    first-loss staking

    Staked $STALL sits in front of each tier’s underwriter vault. When a halt triggers payouts, staked first-loss capital absorbs them first, up to its full amount; the vault pays only the remainder.

    staking and first loss
  2. 02

    premium share

    Stakers are paid for carrying first loss. Half of the protocol fee, 5% of every premium, goes to stakers.

    fees
  3. 03

    fee split and buy and burn

    The protocol fee is 10% of premiums. Half goes to stakers; the other half buys $STALL and burns it.

    fee split
  4. 04

    governance

    Stakers govern the trigger tiers, premium rates and oracle configuration. Governance procedure has not been finalised and will be published in the docs.

    configuration and governance
02where it sits

first in line for every payout.

Each tier can sell cover up to its vault assets plus its staked first-loss capital, because every position in a tier triggers at the same time. The method for valuing staked $STALL against USDC liabilities has not been finalised.

capacityfirst-loss ($STALL)vault assets (USDC, underwriters)cover outstanding≤ capacitya payout1 · first-loss absorbs first2 · vault pays the rest, pro rataevery cover in a tier triggers at once, so the tier must be able to pay all of it together
fig.Not to scale. Each tier's capacity is its vault assets plus staked first-loss capital. Payouts are absorbed by first-loss capital first.
premium · 400 USDC90% · tier vault (underwriters) · 3605% · stakers · 205% · buy and burn · 20protocol fee 10% = 40 USDC
fig.Illustrative split of a 400 USDC premium. The protocol fee is 10% of premiums: half to stakers, half to buy and burn.
03risk

first loss means first to lose.

A single qualifying halt can consume a tier’s entire first-loss capital. Stakers earn a share of premiums for carrying that risk; it does not remove it. The contracts are not deployed and no audit has been published.

Nothing here is an offer or a solicitation. Read the risks before relying on anything described on this site.