PANews reported on November 7th that, according to an announcement from Hourglass, due to excessive flow into the Stable pre-deposit vault, the pre-deposit activity will be extended by 24 hours. The maximum deposit per wallet is set at $1 million, with a minimum of $1,000. All funds can be withdrawn at any time on a 1:1 basis before KYC. If eligible deposits exceed $500 million, they will be allocated proportionally, with the remainder available for withdrawal. The KYC process will reopen after a new link is generated, and users will have 72 hours to complete verification. The final USDT allocation will be settled no later than December 31st. On-chain data shows that Stable has raised over $800 million since the start of the second phase of its pre-deposit campaign, currently reaching approximately $827 million.PANews reported on November 7th that, according to an announcement from Hourglass, due to excessive flow into the Stable pre-deposit vault, the pre-deposit activity will be extended by 24 hours. The maximum deposit per wallet is set at $1 million, with a minimum of $1,000. All funds can be withdrawn at any time on a 1:1 basis before KYC. If eligible deposits exceed $500 million, they will be allocated proportionally, with the remainder available for withdrawal. The KYC process will reopen after a new link is generated, and users will have 72 hours to complete verification. The final USDT allocation will be settled no later than December 31st. On-chain data shows that Stable has raised over $800 million since the start of the second phase of its pre-deposit campaign, currently reaching approximately $827 million.
Hourglass adjusts Stable pre-deposit activity limits and clarifies KYC and settlement times.
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PANews reported on November 7th that, according to an announcement from Hourglass, due to excessive flow into the Stable pre-deposit vault, the pre-deposit activity will be extended by 24 hours. The maximum deposit per wallet is set at $1 million, with a minimum of $1,000. All funds can be withdrawn at any time on a 1:1 basis before KYC. If eligible deposits exceed $500 million, they will be allocated proportionally, with the remainder available for withdrawal. The KYC process will reopen after a new link is generated, and users will have 72 hours to complete verification. The final USDT allocation will be settled no later than December 31st.
On-chain data shows that Stable has raised over $800 million since the start of the second phase of its pre-deposit campaign, currently reaching approximately $827 million.
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