The countdown for the Stable Phase II Pre-Deposit Event officially begins……

@hourglasshq will partner with a top-tier investment bank to jointly lead institutional-grade custody.

Please mark your calendars and prepare to participate in the event:

Taiwan time November 6 (Thursday) at 10 PM starts!

https://x.com/stable/status/1986072702667649235?s=61

Here are some key points to share for participation:

Below is the traditional Chinese version of the event description (time has been converted to Taiwan time):

• Total event quota: Accepting up to 500 million USD of qualified deposits

• Start time: Taiwan time November 6 (Thursday) at 10 PM

• Deposit assets: USDC

• Withdrawal assets: USDT0 (on the Stable platform)

• KYC real-name verification: All wallets must complete this

• Wallet limitation: Each verified user is limited to 1 wallet

• Minimum deposit amount: 1,000 USD

• Maximum deposit amount:

• In the first hour after the start: up to 100,000 USD

• Thereafter up to 20 million USD

• Terms of service: Must sign before deposit

• KYC completion deadline: Must be completed by Taiwan time November 8 (Saturday) at 10 PM

• Ineligible deposits: Deposits made through bots or Etherscan will not be accepted

• Total deposit cap: Smart contracts have no hard limit, but only the first 500 million USD of qualified deposits will be counted

• Wallets that meet all the above conditions will be marked as Eligible Wallets.