TechFlow news, on November 15, Hourglass tweeted that the second phase of Stable's escrow vault has ended. Over 10,000 verified wallets contributed more than $1.1 billion in deposits. The second-phase allocation采用了 a proportional structure based on eligible deposits, with a minimum guaranteed amount of $1,000 to ensure small participants' rights are not diluted by large depositors. The first $1,000 of each eligible deposit is allocated at a 100% ratio, with amounts exceeding this distributed proportionally. Based on approximately $1.1 billion in eligible deposits and a deployment capacity of $500 million, the final proportional allocation rate above the $1,000 minimum threshold is about 45%, with the remaining ~55% to be returned as refunds. Refunds for unallocated portions will be distributed early next week. Users marked as ineligible may continue withdrawals at any time. The official team implemented measures including identity verification, Chainalysis wallet screening, and comprehensive analysis of submission behaviors and metadata. Some applications showed high Sybil indicators, and additional verification has been initiated to maintain fairness. Applications failing to meet the criteria have been removed.
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