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Market Cap:$2.47T-1.27%
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IBRL

IBRL

IBRL
Rank #4276
Community Rating
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$0.001+3.13%24h
Market Cap
$1.12M
24h Volume
$0.66
Circulating Supply
1.00B
All-Time High
N/A

Price Performance

24 Hours
+3.13%
7 Days
+0.00%
30 Days
+0.00%
1 Year
N/A
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About IBRL

Built on the Solana blockchain, IBRL is a test token designed to demonstrate the Gavel protocol in production. Operating as a platform for on-chain token distribution and liquidity bootstrapping, Gavel aims to provide fair, transparent, and efficient ways to raise capital and distribute tokens fully on-chain.

The key technical feature of IBRL is its integration with Gavel's sandwich-resistant AMM (Automated Market Maker), which protects users from frontrunning attacks. This AMM is ideal for bootstrapping liquidity and facilitating early price discovery while safeguarding swappers from malicious activities. The token has no present or future utility, with 100% of the funds collected and 100% of the token supply allocated to the Gavel mechanism.

IBRL's primary use case is as a demonstration token for the Gavel protocol, showcasing its capabilities in a real-world setting. As such, it provides value to users by offering a transparent and efficient way to raise capital and distribute tokens on-chain. The token has already seen significant adoption, with 700M $IBRL tokens distributed to participants in proportion to their deposits during the public sale.

The Gavel protocol is backed by notable investors and has established partnerships with various teams in the Solana ecosystem. The team behind Gavel has demonstrated a strong commitment to transparency and community engagement, with regular updates on the project's progress and development roadmap.

With its innovative approach to token distribution and liquidity bootstrapping, IBRL is positioned as a key player in the Solana ecosystem. As the protocol continues to evolve and mature, IBRL is expected to play a crucial role in demonstrating the capabilities of Gavel and driving adoption within the community.

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