Stable STABLE

Commentary versus actual token vesting

Actual observed vesting does not match the whitepaper. The whitepaper releases nothing before 8 Dec 2027; 7,580,000,000 STABLE (7.58% of supply) is already circulating above its model. Resolved by the whitepaper's 5 Oct 2026 Effective Date — but the whitepaper never says it is prospective, and a reader would take it as current. Three live first-party sources give three different schedules, all uncorrected: docs page (self-contradictory), blog post (1-year cliff + 48-month linear), whitepaper (Universal Lock). The whitepaper says the earlier arrangements "are replaced by the STABLE Universal Lock" — but the superseded versions remain live. Observed Ecosystem vesting matches the schedule now running exactly — 8 monthly tranches of 888,888,889 reconcile to the token across two independent trackers. No lock contract address is published, so none of the schedule is independently verifiable on-chain. No per-group schedule under the Universal Lock — it applies pro rata, so Team, Investor and Foundation curves are derivable but never separately stated.