Odaily Odaily reports that CBB stated on social media that despite considerable skepticism surrounding the Stable project, its fully diluted valuation (FDV) at launch was comparable to Blast. CBB believes that compared to projects requiring long-term participation in complex applications, asset lock-up, or fierce competition in high TVL environments, Stable's participation path is relatively straightforward.
CBB points out that users do not need to frequently use various applications over several months, nor do they need to hand over large amounts of ETH to the project team to participate in complex mechanisms. They can obtain an annualized yield (APY) of about 25% simply by participating. In its view, this structure is closer to a simple yield-oriented model than a design that relies heavily on ecological narratives or long-term game theory.
