Post #11110

Stable reached $825M TVL in Phase 1 of Pre-Deposit Campaign Pre-Deposit Vaults were co-launched by Concrete, Morpho $MORPHO, Frax Finance $FRAX, Pendle $PENDLE, LayerZero $ZRO and #USDT0 with a deposit cap of $825M and were filled for 20 minutes. In late November, users will claim their vault shares on Stable, which burns the existing vault shares on Ethereum L1 and mints the same number of new shares on the Stable Network. ℹ️ Stable is a Layer 1 blockchain designed with USDT (Tether) as its native gas token. It raised $28M in a seed funding round backed by Bitfinex, Hack VC, Franklin Templeton, eGirl Capital, Mirana, Castle Island Ventures, Susquehanna International Group, Nascent, and Blue Pool Capital. 🔗x.com/stable/status/1981534243202486519 Follow us to be on top of crypto: TG | Chat | X