Summary of the four original sins of stable

#stable 's official token economic model has a total supply of 100 billion pieces.

The distribution structure is: the genesis distribution is 10%, i.e., 10 billion STABLE.

Other distributions include ecology/community 40%, team 25%, and investors and advisors 25%.

$STABLE four major sins:

1. False Investment

In fact, the STABLE team does not hold the investments they claim at all.

The CEO disappeared for two days and could not be contacted.

The team itself holds over 50% of the token supply.

2. Black Box Operation

This is the most outrageous part of the entire incident:

Before the official announcement, "insiders/mice" had already claimed the airdrop ten minutes in advance.

Retail investors couldn't even access the website to claim the airdrop.

Naked internal priority and black box operation.

3. Outsourcing Core Functions

Ironically, stable's core processes for deposits and claiming airdrops are completely outsourced to third parties, essentially not handled by themselves.

4. Returns Like Bank Interest

The final airdrop from stable only distributed 2.5%, and the actual user returns are less than 3%.

Creating a high-risk project, yet only yielding bank deposit level returns, even worse than a bank.

In such a project where all core functions are outsourced, with huge risks and extremely low returns, who is really participating? Who gives stable such audacity?

So ridiculous, extremely disappointing!