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Parcl(PRCL)
$0.41
-9.82%
Solayer(LAYER)
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Midnight(NIGHT)
$0.08
+9.42%
Banana Gun(BANANA)
$36.21
+4.09%
Bitcoin Cash(BCH)
$591.98
+4.41%
Bio Protocol(BIO)
+
Dash(DASH)
$38.97
+4.63%
Particle Network(PARTI)
+
DoubleZero(2Z)
$0.12
+5.99%
Toncoin(TON)
$1.49
+1.34%
Mira(MIRA)
$1.86
+35.10%
Tezos(XTZ)
$0.45
+4.94%
Bitfinex-Backed ‘Stable’ Network Sets Dec 8 Launch; Unveils Non-Inflationary Token Model
By
Coin Edition
22 days ago
TOKEN
TOKEN
8
STABLE
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- 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 “meanin…
Read The Full Article Bitfinex-Backed ‘Stable’ Network Sets Dec 8 Launch; Unveils Non-Inflationary Token Model On Coin Edition.
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