Aniket Pujari
Stable has released its STABLE tokenomics design ahead of its mainnet launch, setting out how supply, vesting, and governance will work across the network.
Summary
- STABLE has a fixed supply of 100B tokens, with 40% allocated to ecosystem growth and 10% for initial distribution.
- Team and investor allocations follow a four-year vesting schedule with a one-year cliff to ensure long-term alignment.
- Stable mainnet goes live on Dec. 8, backed by over $1.1B in pre-deposit funds and integration with USDT0 for gas fees.
Stable, the Bitfinex-backed layer 1 designed for fast settlement and stablecoin payments, outlined its economic model on Dec. 3 in the run-up to its mainnet debut.
The chain is designed for low-fee, high-volume activity, with a focus on reliable infrastructure for enterprise users and stablecoin-heavy applications.
Tokenomics built for long-term alignment
STABLE’s total supply is set at 100 billion tokens. Ecosystem and community projects, including long-term growth funds, developer grants, user incentives, and integrations, will receive 40% of that total, or 40 billion tokens.
25% of the supply, or 25 billion tokens, will go to the team, with the remaining 25% going to investors and advisors. 10% of the tokens will be unlocked to provide liquidity and support early adoption.
Team and investor tokens follow a four-year vesting schedule with a one-year cliff, which means no tokens are released in the first year, and they start unlocking gradually afterward. At launch, 8% of the ecosystem allocation unlocks, and the remaining 32% vests over three years. Stable says this approach is designed to drive early momentum while maintaining long-term network stability.
STABLE will function as the network’s governance token. Holders vote on protocol upgrades, elect validators, and can receive a share of validator revenue. The chain uses USDT0 as its gas asset, so validators collect fees in USDT-based units rather than the native token. This model is meant to support predictable costs for payments and settlement.
Mainnet follows $1.1B in pre-deposits
The mainnet launch follows a two-phase pre-deposit program that attracted more than $1.1 billion from over 10,000 wallets. Phase one filled its $825 million cap in 22 minutes, although several wallets made large deposits, which raised questions about concentration. Phase two added KYC controls and per-wallet limits to increase participation and closed on Nov. 15.
Stable enters the market during a surge in demand for purpose-built stablecoin networks. Its close ties to Tether (USDT) position it to play a role in larger plans around on-chain finance. Tether’s November partnership with KraneShares and Bitfinex Securities aims to advance a tokenized securities market that could reach the trillion-dollar scale over time, giving Stable a potential pipeline for institutional flows.
The project also gained backing from PayPal Ventures, which joined a $28M seed round to expand PYUSD support on Stable. The chain now sits alongside other payment-oriented L1s such as Arc and Plasma, both of which launched this year with stablecoin settlement as their core focus.
With its token design now public and a large pool of pre-deposited liquidity ready for deployment, Stable heads into its Dec. 8 launch positioned to compete for a growing share of stablecoin and enterprise payment activity.
