๐ข Stable Pre-Deposit Phase 2 Is Live!
Yesterday marked the launch of the second phase of pre-deposits for Stable, a project many are calling โthe next Plasma.โ But the big question remains โ could it deliver even greater returns?
๐ฐ Key Highlights:
โข Raised $28M in investments and collected $825M in deposits so far.
โข Aims to become an L1 blockchain using USDT as gas.
โข While not directly owned by Tether, Stable is closely affiliated with the company.
๐งพ Deposit Details:
โข Available via the Hourglass website.
โข Deposit limits: $1Kโ$100K (first hour), then up to $20M.
โข KYC required.
โข Deposits accepted in USDC on Ethereum.
โข Hard Cap: $500M.
๐ก The team has prohibited direct deposits through the contract, but users can still pre-approve stablecoins manually.
Check more: https://cryptosmarthub.com/en/drops/stable
๐ฃ Whatโs your take on Stable โ take or toss?