Stable, a Tether-backed Layer 1 blockchain, has announced the economic model for its native token, STABLE. The token will have a fixed supply of 100 billion units and will not be required for gas fees. The distribution plan allocates 10% for initial activities to boost early liquidity, community engagement, and strategic initiatives. Additionally, 40% is reserved for ecosystem and community development, including developer grants, liquidity programs, partnerships, and ecosystem building. The team will receive 25%, designated for founders, engineers, and researchers, while another 25% is set aside for investors and advisors to support network expansion, infrastructure, and promotional efforts. The mainnet is scheduled to launch on December 8 at 9 PM Beijing time.
Tether-backed Stable Blockchain Unveils STABLE Tokenomics
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