Stable Unveils STABLE Tokenomics Ahead of Mainnet Deployment
On Tuesday, Stable, a blockchain platform supported by Bitfinex and Tether, revealed the tokenomics for its native STABLE token. According to the project’s introduction, the STABLE token will assist network security and governance. The network itself is built to manage stablecoin transactions with a high volume. The token will support network consensus through a delegated proof-of-stake mechanism called StableBFT, and it has a fixed supply of 100 billion. Stakeholders will have the option to assign their stake to specific validators. The post claims that network operators make a significant financial investment as a result.
STABLE Token: Governance, Staking, and Ecosystem Incentives
By casting votes on important issues like protocol updates and the distribution of community and ecosystem reserves, STABLE token owners also take part in protocol governance. The project made it clear that the STABLE token will not be used as a means of payment. All transactions will still be settled by users using USDT, the biggest stablecoin in the world. Regular operations won’t require them to hold or interact with STABLE.
STABLE exists to secure the consensus mechanism through meaningful economic stake, coordinate governance and protocol upgrades, and support ecosystem incentives and long-term sustainability,
the post
Gradual STABLE Rollout Begins With Governance Activation Ahead of Mainnet
The following is how the tokens will be distributed:
- 10% of the STABLE supply will go into a genesis distribution, which will increase early community involvement and bootstrap liquidity.
- 40% of the tokens will go toward ecosystem expansion, developer grants, and strategic alliances.
- 25% of the supply will be allocated to the core team, with a four-year vesting structure after a one-year cliff.
- 25% will go to early investors, who will also be subject to a one-year cliff and a four-year vesting period to guarantee sustained commitment.
According to Stable, staking rewards will link delegators to a portion of network fees collected in a protocol vault that are denominated in USDT. The next stage, according to the business, is all about getting ready for mainnet deployment. This covers integrations with development tools and validator onboarding. The company described a gradual rollout that would begin with token holders’ governance activation. Separately, Stable announced late Tuesday night that its mainnet will launch on December 8 at 8 a.m.
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