Bitfinex-backed layer 1 Stable releases tokenomics, mainnet to go live on Dec. 8

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Stable has revealed the full tokenomics for its STABLE token just days before its mainnet goes live. The announcement breaks down how the token supply works, how long vesting will take, and how governance will be handled across the network.

A quick look at the basics

  • STABLE has a fixed supply of 100 billion tokens.
  • 40% of the supply is set aside for ecosystem growth and community projects.
  • 10% will be released early to help with liquidity and adoption.
  • Team and investor tokens will unlock slowly over four years, with nothing released in the first year.
  • Stable’s mainnet launches on Dec. 8 and is backed by more than $1.1B in pre-deposits.
  • The network uses USDT0 for gas fees.

Tokenomics built for long-term stability

Stable, which is backed by Bitfinex, is building a layer 1 chain aimed at fast payments, stablecoin activity, and low transaction fees. To support that, the project has built a token model that is meant to reward long-term commitment rather than quick exits.

Here’s how the 100 billion STABLE tokens are divided:

  • 40 billion (40%) will fund ecosystem growth—developer grants, user rewards, integrations, and community programs.
  • 25 billion (25%) goes to the team.
  • 25 billion (25%) is for investors and advisors.
  • 10 billion (10%) of the total supply will unlock right away to support early activity and liquidity.

Team and investor tokens follow a four-year vesting schedule with a one-year cliff, meaning no tokens are released in the first year. After that, tokens begin unlocking slowly. For the ecosystem allocation, 8% unlocks at launch, and the remaining 32% vests across three years.

Stable says this structure helps give the network strong early activity without sacrificing long-term stability.

Governance and fee model

STABLE will be used as the network’s governance token. Holders can:

  • Vote on upgrades
  • Choose validators
  • Earn part of the validator revenue

One unique feature is that USDT0, not STABLE, is used for gas. This means validators earn USDT-based fees, which helps keep costs predictable for users — especially for payment and settlement apps.

Mainnet comes after massive pre-deposits

Before launch, Stable ran a two-phase pre-deposit program that brought in over $1.1 billion from more than 10,000 wallets. Phase one reached its $825 million cap in just 22 minutes, though a few large wallets dominated the deposits. Phase two added KYC rules and limits per wallet to give more people a chance to join, and it closed on Nov. 15.

Stable is launching at a time when stablecoin-focused blockchains are gaining serious momentum. Its close relationship with Tether gives it a potential role in future tokenized finance plans. Tether’s recent partnership with KraneShares and Bitfinex Securities aims to push forward a large-scale tokenized securities market — one that could reach trillions over time.

Stable also received support from PayPal Ventures, which joined a $28 million seed round to expand PYUSD support on the network. With other new payment-focused chains like Arc and Plasma launching this year, Stable is entering a busy and competitive space.

But with its token design now public, strong backers, and more than a billion dollars already committed, Stable is heading into its Dec. 8 launch with momentum — and a clear shot at becoming a major player in stablecoin and enterprise payments.