Token

Stable

Coin

<ul>
 <li>Bitfinex-backed Stable unveils STABLE tokenomics ahead of Dec. 8 mainnet launch.</li>
 <li>STABLE powers governance and network security; all transactions settle in USDT.</li>
 <li>Phase 2 pre-deposit campaign raised $1.1B from 10,000+ wallets after whale-limit adjustments.</li>
</ul>
The <a href="https://www.stable.xyz/" rel="noopener noreferrer nofollow">Stable blockchain</a>, a high-throughput Layer-1 network incubated by Bitfinex and Tether, confirmed Tuesday it will activate its mainnet on December 8 at 8:00 a.m. and has <a href="https://blog.stable.xyz/introducing-the-stable-token-the-coordination-layer-of-the-stable-ecosystem" rel="noopener noreferrer nofollow">released</a> the full tokenomics of its native STABLE token.&nbsp;
According to the announcement, the STABLE token seeks to bolster both the governance and security of the network. The network itself aims to process high-volume stablecoin transactions.
With a fixed supply of 100 billion, STABLE will power the network’s delegated proof-of-stake system, StableBFT. Token holders can delegate stakes to validators, forming what the team calls a “meanin…
Read The Full Article <a href="https://coinedition.com/bitfinex-stable-blockchain-mainnet-launch-usdt-gas-tokenomics/" rel="noopener noreferrer nofollow">Bitfinex-Backed ‘Stable’ Network Sets Dec 8 Launch; Unveils Non-Inflationary Token Model</a> On <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Bitfinex-Backed ‘Stable’ Network Sets Dec 8 Launch; Unveils Non-Inflationary Token Model

Coin Edition

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