Stable Implements Anti-Whale Measures in Pre-Deposit Campaign

Stable‘s initial pre-deposit program met with significant demand, raising $825 million in 22 minutes. Criticism emerged due to a few large wallets dominating deposits, prompting the project to introduce new fairness measures.

The program’s second phase introduces restrictions like per-wallet deposit limits and individual wallet requirements, aiming to distribute allocations across more participants. Official accounts announced the changes, citing community concerns as a crucial factor.

These changes could reshape the market dynamics by discouraging a small number of whales from controlling asset flow. Industry experts suggest these measures may enhance overall trust and engagement among retail investors.

The initial round’s rapid intake demonstrated high demand but also led to scrutiny over practices like front running. The project hopes this updated framework will address previous transparency issues.

Despite these updates, community analysts according to on-chain data still report signs of fund allocations before official announcements. Monitoring these transactions remains critical to assessing the program’s success in achieving fairness.

Historically, such adjustments in deposit programs reflect market trends where rapid saturation often necessitates fairer strategies. Data indicates that engaging retail participants improves as measures curb dominance by large investors.

On-chain data shows that most deposit funds come from a small number of large wallets, which had already transferred funds before the official announcement was made.