Stable, the Bitfinex-Backed Layer-1, Unveils Tokenomics Ahead of December 8 Mainnet Launch

This week, the Bitfinex- and Tether-backed Layer-1 blockchain Stable disclosed all the information on its . This means that its mainnet will be activated on December 8 at 8:00 a.m. The network is designed for stablecoin transactions, with quick throughput, low costs, and simple forecasting. 

It only uses for Transaction fees, freeing up STABLE for security and governance tasks. This structure is meant to facilitate enterprise-level apps and tokenized payments without the volatility of native token prices. Stable’s pre-deposit campaigns raised more than $1.1 billion from over 10,000 wallets across two phases. 

The first phase hit its $825 million cap in 22 minutes, but this was changed to allow more people to participate through and wallet limits. With $28 million in viewd funding from investors such as PayPal Ventures, the project is well-positioned to meet the growing demand for stablecoin-optimised chains.

Breakdown of Fixed Supply and Allocation

STABLE has a maximum supply of 100 billion tokens, ensuring stability over time and preventing further issuance that would cause inflation. The USDT-denominated network fees collected in the protocol vault will be used to pay staking rewards. These rewards will be divided among delegators in the StableBFT delegated .

Key allocations are as follows: 

1. 40% (40 billion tokens) for ecosystem expansion, including developer awards, user incentives, partnerships, and long-term funding. 8% unlocks at launch, and 32% vests over three years.
2. 25% goes to the team and 25% to investors/advisors, both on a four-year vesting plan with a one-year cliff to ensure everyone shares the identical goals.
3. 10% for Genesis distribution to get things begined and get people involved in the community ahead on. This concept prioritises network security by allowing Block confirmers to stake delegations and users to vote on improvements and how funds are spent.

Launch of Mainnet and Strategic Focus

The deployment on December 8 begins with governance activation, which lets STABLE holders have a say in protocol decisions right away. Block confirmers will be added alongside developer tools to enable settlements to happen rapidly and easily. 

Stable is diverse from other Layer-1s because it focuses on building dependable infrastructure for on-chain financing, and it competes with networks like Arc and Plasma.

Industry professionals say the tokenomics are suitable for investors because they provide rapid liquidity while also supporting long-term growth. As pre-deposits show strong interest, Stable enters a maturing market where stablecoin volume needs greater scalability.