What is Stable (STABLE)?

Deep Dive

1. Purpose & Value Proposition

Stable aims to bridge traditional finance and blockchain by providing a dedicated settlement layer for stablecoins like USDT. It addresses volatility in gas fees (common in networks like Ethereum) by using USDT for transactions, ensuring cost predictability for businesses and users. The network targets real-world financial applications, including cross-border payments, institutional settlements, and high-frequency DeFi operations.

2. Technology & Architecture

Stable uses a Delegated Proof-of-Stake (DPoS) consensus mechanism called StableBFT, prioritizing speed and reliability. Key features include:
- Sub-second finality: Transactions confirm nearly instantly, critical for payment systems.
- EVM compatibility: Supports Ethereum-based smart contracts, easing developer migration.
- Deterministic blockspace: Guarantees transaction execution during peak demand, reducing slippage risks.

3. Tokenomics & Governance

The STABLE token (100 billion fixed supply) has three core functions:
- Network security: Validators stake STABLE to participate in consensus.
- Governance: Token holders vote on protocol upgrades and treasury allocations.
- Rewards: Validators share USDT transaction fees with STABLE stakers, creating passive income tied to network usage.
Token distribution includes allocations for ecosystem growth (40%), team (25%), and investors (25%), with vesting periods to prevent supply shocks.

Conclusion

Stable positions itself as a blockchain tailored for stablecoins, decoupling transactional utility (USDT) from network governance (STABLE) to simplify user experience and align incentives. Its focus on compliance, speed, and enterprise adoption could make it a key player in institutional crypto adoption. Can Stable attract developers and institutions to build a robust ecosystem around its USDT-native infrastructure?