🪶 Fable is now live
0x606370c0B28fe9fa6581114eBF3b78ae541180d9
A social trading launchpad on Robinhood Chain that brings multi-pool coin launches, trading, and your community into one terminal.
A video/thread on how it works 🧵👇
robinhood:0xe8ffd7e24187f72afb08d75b1bb13088a989a791 (@deltaliquidity) & $TENDIES (@TendiesRH) have been voted into $FABLE’s mesh tonight.
When the new pairs go live, a share of their trading fees will help fund $FABLE’s reserves.
Every coin launched on Fable has its own built-in liquidity mesh. Every 24 hours, holders vote on how to use its liquidity pot funded by trading fees to deepen existing pools or add new pairs.
Trades → fees → buybacks, burns and liquidity expansion → more connections for the same coin. 🔄
The first Fable Drops event is happening tonight at 8 PM ET. GleefulUrbanSapling is in the lead, with about 5 hours left to go!
Every night, part of the platform’s revenue is bought as $FABLE and paid out to traders. Your tickets are simply the fees you paid trading over the last 7 days.
There’s ~484K $FABLE in the pot tonight and only 13 accounts have qualified so far. With fewer than 100 in, everyone who qualifies wins.
Trades build FIREPOWER. Fables put it to work.
Trading fees from every pool in your coin’s mesh fund the reserves behind its buybacks and burns.
Every coin launched on Fable inherits these features btw...
$SPCX and $NVDA have been added to $FABLE's liquidity mesh.
45.5% SPCX
45.5% NVDA
9% to deepen the ETH pool
Slowly but surely, $FABLE will expand its mesh across Robinhood Chain, pairing with every major stock and top coin and earning fees on every trade between them.
Most v4 hook launchpads use one pool for coin launches, whether it's paired with ETH, stocks or other crypto. This isn't optimal for fee capture, because other people can create pools and siphon volume away from you.
Fable is different… Why?
You launch into 3 to 6 pools of your choice at once, and the LP mesh built on top of every Fable launch keeps adding more liquidity daily using trading fees. Every new bit of liquidity earns trading fees too, which creates a compounding effect.
Slowly but surely, people will understand.
Lots of UI/UX improvements are rolling out on Fable over the next few days.
We're shipping updates to speed and layout, and making launching, posting fables and voting feel much more responsive.
Thanks to everyone for the feedback so far, it's very much appreciated.
Only 16 fables posted on the dapp in the first 24 hours. Each one triggered a buy and burn on $FABLE.
With barely any volume, fees have already bought back and burned 0.26% of $FABLE's supply.
That's what a very quiet day looks like; I wonder what happens once people start launching coins and volume picks up🤔
Sign up on Fable and start trading, and every fee you pay earns you tickets in a daily lottery.
Each night, up to 100 traders win $FABLE from a portion of the protocol's buybacks. The more you trade, the better your odds.
Just trade, and Fable could pay you back. When volume ramps up across the launchpad, the prizes can be BIG.
The first liquidity mesh vote closes tonight at 8 PM ET, and right now holders are voting to pair $FABLE with two stocks.
$SPCX 50%
$NVDA 50%
If it stays as is, tonight's pot allocation opens two brand new pools, $FABLE/SPCX and $FABLE/NVDA, locked forever. From then on, every move in those stocks shifts $FABLE's pools out of line and bots trade them back, paying $FABLE's fee each time.
Still time to vote. Deposit a minimum of 10,000 $FABLE on the Vote tab and vote in up to 5 pools.
Fable's foundation is live and working flawlessly.
Multi-pool launches, fables burning coins and daily liquidity voting are all running exactly as designed on chain.
Over the next few days, the focus is on making the experience a lot better. Tomorrow is all about the dapp: load times, the launch flow, posting fables and liquidity voting. Fewer clicks and less waiting, with the same mechanics underneath.
We'll keep shipping improvements every day until it feels as good as it works.
Day 1.
@Uniswap users: we've applied to Uniswap's v4 hook routing allowlist. Once Fable's custom v4 hook is approved, the Uniswap app can route straight into $FABLE's real pools.
Right now it routes around them, which is the slippage some of you might be seeing on their app. The best way to buy $FABLE is directly on https://t.co/3OEwGNOm4x
Our app splits every buy/sell order across all pools inside fable LP meshes in one transaction, so you get more $FABLE and other Fable launchpad coins for the money you put in.
Think of a fable as a thesis on @fomo that actually does something.
When you post one under a coin, it signals the Fable bot to take the coins fees its generated from trading to go buy and burn it almost immediately.
Come sign up on https://t.co/tNytdAW05V to test it yourself!
$FABLE launched into 6 pools at once: $ETH (main), $STONKBROKER, $AI, $PONS, robinhood:0x18e674231a58c239dc7daedcffe15ec3a24cff5c & $BONER.
Why?
Fable requires multi-pool launches. Every coin launches into 3 to 6 liquidity pools, paired with ETH, stocks and other top Robinhood coins. When those assets move against each other, a coin's pools fall out of line, and arbitrage bots trade to line them back up.
Every one of those trades pays the coin's fee, which buys and burns the coin and deepens its pools. Fable takes 0.3% of every trade on the launchpad and 70% of it buys and burns $FABLE, forever
The fable log is now up and running.
Track how much every fable has bought and burned: who posted it, what they said, what it spent, and the transaction that did it; verifiable on-chain.
Hold at least $1 of a coin to write a fable about it, and it buys and burns that coin.
A leaderboard for the top burners are tracked as well.
The ticker is $FABLE
Every coin on Fable launches with its liquidity locked forever, enforced by code.
The locker has no owner and no withdraw function, so nobody can ever pull it.
6/x: Standard trading fees are 1–6%, including Fable’s 0.3% platform fee on every trade. Creators receive up to 2.5% of every trade depending on their chosen fee tier, included in the coin's total trading fee.
After bot gas costs, platform revenue is split:
70% → $FABLE buyback + burn 20% → Fable Drops 10% → Team
🪶 Fable is now live
0x606370c0B28fe9fa6581114eBF3b78ae541180d9
A social trading launchpad on Robinhood Chain that brings multi-pool coin launches, trading, and your community into one terminal.
A video/thread on how it works 🧵👇
5/x: Fable Drops is something we're implementing to reward traders with daily prizes in $FABLE tokens, bought using a share of platform revenue.
The trading fees you pay as a trader over the past 7 days earn you tickets for a nightly randomized draw where up to 100 traders win $FABLE each night.
The more tickets you are credited in comparison to other traders, the better chance you have of winning.