STABLE is a project aiming to reduce the volatility and inefficiencies existing in digital tokens markets and stabilize them, thus driving their wider acceptance.
In global financial markets inefficiencies are usually minor and finding them requires extensive back-testing, costly software and detailed statistical analysis. In digital tokens markets the reality is quite different. In fact, the inefficiencies are so pervasive, that for a veteran investor noticing atypical behavior of these markets may require just a glance at “the tape”. They manifest in a multitude of ways, including persistence of price disparities, speed of price adjustments, behavior of bid/ask spreads following shocks, as well as presence (or lack thereof) and behavior of automated trading systems (API bots), some of which have visibly unsophisticated trading rules. More efficient digital token markets are possible, but in order to achieve this goal-state new entrants into the space are required with an appropriate experience both in cut-throat traditional financial markets, as well as the fledgling digital tokens markets. Additionally, more liquidity is needed to accommodate varied strategies to be executed on those highly fragmented markets.