{"id":1742,"date":"2025-12-03T02:47:41","date_gmt":"2025-12-03T07:47:41","guid":{"rendered":"https:\/\/www.decentralnetwork.org\/news\/?p=1742"},"modified":"2025-12-03T02:47:44","modified_gmt":"2025-12-03T07:47:44","slug":"bitfinex","status":"publish","type":"post","link":"https:\/\/www.decentralnetwork.org\/news\/bitfinex\/","title":{"rendered":"Bitfinex-Backed Layer 1 Stable Prepares for Mainnet Launch on Dec. 8"},"content":{"rendered":"\n
\"Bitfinex-Backed<\/figure>\n\n\n\n

Stable, the Bitfinex-backed layer 1 blockchain built for fast, low-cost transactions, has unveiled the full details of its STABLE tokenomics ahead of its mainnet debut on December 8. The network aims to provide a reliable infrastructure for enterprise users and stablecoin-focused applications, while delivering predictable costs and high-volume performance.<\/h2>\n\n\n\n

Tokenomics<\/a> Designed for Long-Term Growth<\/strong><\/p>\n\n\n\n

STABLE\u2019s total supply is capped at 100 billion tokens. Of these, 40% (40 billion tokens) will be reserved for ecosystem growth, including developer grants, user incentives, integrations, and long-term network expansion. Another 25% will go to the team, and 25% to investors and advisors. An initial 10% of the total supply will be unlocked to provide liquidity and support early adoption.<\/p>\n\n\n\n

To encourage alignment with the network\u2019s long-term goals, team and investor tokens follow a four-year vesting schedule with a one-year cliff, meaning no tokens are released in the first year, with gradual unlocking thereafter. For the ecosystem allocation, 8% will be unlocked at launch, with the remaining 32% vesting over three years.<\/p>\n\n\n\n

STABLE will also serve as the chain\u2019s governance token. Holders will vote on protocol upgrades, elect validators, and can earn a share of validator revenue. Interestingly, the network uses USDT0 as its gas asset, so fees are collected in a USDT-based stablecoin rather than the native token, helping users predict transaction costs more accurately.<\/p>\n\n\n\n

Over $1.1 Billion Pre-Deposited Ahead of Launch<\/strong><\/p>\n\n\n\n

Stable\u2019s mainnet comes after a two-phase pre-deposit program that attracted more than $1.1 billion from over 10,000 wallets. The first phase reached its $825 million cap in just 22 minutes, though the large deposits from a few wallets sparked some concerns over concentration. Phase two introduced KYC checks and wallet limits to ensure broader participation and concluded on November 15.<\/p>\n\n\n\n

The project arrives as demand for purpose-built stablecoin networks is rising. Stable\u2019s connection with Tether, combined with institutional partnerships\u2014including PayPal Ventures\u2019 $28 million seed round investment\u2014positions it as a potential hub for large-scale tokenized payments and on-chain finance. The chain now joins other payment-focused layer 1s such as Arc and Plasma, which also emphasize stablecoin settlement.<\/p>\n\n\n\n

With its tokenomics now public and significant pre-deposited liquidity in place, Stable is set to make a strong entrance on December 8, aiming to capture a growing share of the stablecoin and enterprise payment market.<\/p>\n\n\n\n

Also Read: Fed Rate Cut Won\u2019t Boost Bitcoin Much, Says Kevin O\u2019Leary<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Stable, the Bitfinex-backed layer 1 blockchain built for fast, low-cost transactions, has unveiled the full details of its STABLE tokenomics … <\/p>\n

Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":1743,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9],"tags":[1681,1685,1687,1682,1684,1688,1679,1683,1680,1686],"class_list":["post-1742","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-bitfinex-backed-layer-1-blockchain","tag-blockchain-ecosystem-growth-funds","tag-crypto-pre-deposit-program-2025","tag-enterprise-blockchain-payment-solutions","tag-low-fee-stablecoin-transactions","tag-purpose-built-stablecoin-networks","tag-stable-blockchain-mainnet-launch","tag-stable-token-governance-model","tag-stable-tokenomics-explained","tag-usdt0-gas-fees-blockchain","resize-featured-image"],"jetpack_featured_media_url":"https:\/\/www.decentralnetwork.org\/news\/wp-content\/uploads\/2025\/12\/Untitled-design-84.webp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/posts\/1742","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/comments?post=1742"}],"version-history":[{"count":1,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/posts\/1742\/revisions"}],"predecessor-version":[{"id":1744,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/posts\/1742\/revisions\/1744"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/media\/1743"}],"wp:attachment":[{"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/media?parent=1742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/categories?post=1742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.decentralnetwork.org\/news\/wp-json\/wp\/v2\/tags?post=1742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}