- Bitfinex-backed Stable unveils STABLE tokenomics ahead of Dec. 8 mainnet launch.
- STABLE powers governance and network security; all transactions settle in USDT.
- Phase 2 pre-deposit campaign raised $1.1B from 10,000+ wallets after whale-limit adjustments.
The Stable blockchain, 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 released the full tokenomics of its native STABLE token.
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 “meaningful economic commitment” that helps secure the network.
Holders will also participate directly in protocol governance to vote on upgrades, ecosystem fund allocations, and major protocol decisions.
Importantly, STABLE will not function as a payment asset. All on-chain transactions will continue to settle in USDT. This eliminates the need for users to hold STABLE for routine network activity. The token’s role is strictly for security, governance, incentives, and long-term ecosystem coordination.
Related: Bitfinex Lending Rates Surge to 30% APR: Bullish Signal Bitcoin and Crypto?
Token Allocation: 10% for Genesis, No Inflation, USDT-Based Rewards
Stable detailed how the 100 billion-token supply will be distributed:
- 10% — Genesis distribution to bootstrap liquidity and community engagement
- 40% — Developer grants and partnerships
- 25% — Team (1-year cliff, 4-year vesting)
- 25% — Early investors (1-year cliff, 4-year vesting)
The network stressed that no inflationary emissions are planned. Instead of minting new tokens, staking rewards will come from USDT-denominated network fees collected into a protocol vault and shared with delegators.
Mainnet Rollout
With tokenomics now public, Stable said it is entering the final preparation stage for mainnet deployment. The rollout will include onboarding validators and integrating developer tooling.
The launch sequence begins with governance activation, giving STABLE holders an early role in protocol oversight.
Stable confirmed late Tuesday that the mainnet will go live on December 8 at 8 a.m., precisely next Monday morning.
Pre-Deposit Campaign Sparks Controversy, Adjustments in Phase 2
Since October, Stable has run two pre-deposit campaigns, letting users lock stablecoins for future STABLE rewards and ecosystem benefits.
The first phase faced criticism on X, as many deposits seemed to come from a few large wallets that moved funds before the campaign started. Some accused Stable of favoring insiders and limiting regular user participation.
In response, Phase 2 added wallet limits and extra eligibility rules to prevent whale dominance. By Nov. 15, Stable reported that over 10,000 verified wallets had deposited more than $1.1 billion.
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Source: https://coinedition.com/bitfinex-stable-blockchain-mainnet-launch-usdt-gas-tokenomics/
