Stable Unveils Economic Model for 100 Billion Supply STABLE Token
In its official announcement, Stable details STABLE’s distribution, governance role, and USDT settlement approach ahead of its Bitfinex-backed layer 1 mainnet launch.
USDT
Summary
Stable has released its STABLE tokenomics design in an official statement, confirming a fixed supply of 100 billion tokens and outlining its use for governance, consensus security, and ecosystem rewards. The Bitfinex-backed layer 1 blockchain, built for fast settlement and stablecoin payments, will settle transactions exclusively in USDT to ensure zero gas fees. Distribution will allocate 40% to ecosystem growth, 25% to the team, 25% to investors and advisors, and 10% to genesis allocation.
Terms & Concepts
- Tokenomics: The economic structure and distribution model of a cryptocurrency.
- Governance Token: A cryptocurrency that grants holders rights to participate in decision-making processes of a blockchain protocol.