Hourglass adjusts Stable pre-deposit activity limits and clarifies KYC and settlement times.

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 All funds can be withdrawn at any time on a 1:1 basis before KYC.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.

Share to:

Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
4 hour ago
5 hour ago
7 hour ago
9 hour ago
11 hour ago
12 hour ago

Popular Articles

Industry News
Market Trends
Curated Readings

Curated Series

App内阅读