#稳定币项目与生态 Upon seeing the launch of Stable on the Mainnet, my first reaction was not excitement, but rather to become fully alert.

Stablecoin ecosystem projects are the easiest to fall into pitfalls, and the reason is simple — high expectations + airdrop incentives = the perfect formula for retail investors to take over. On Polymarket, 86% of people bet that the first-day FDV will exceed 2 billion, and this consensus itself is a dangerous signal. In my years on the blockchain, whenever the numbers are so consistently bet on, it is often an illusion created by the market makers during the accumulation period.

Looking at the airdrop mechanism, it divides users into two categories: holders of staking certificates and participants who deployed to DeFi protocols. This design seems very "rewarding early adopters," but in essence, it filters who is more active and who has more chips. Multiple qualifications accumulate to increase the airdrop, meaning that large holders can get more, while retail investors may not get much even if they participate. The claiming deadline is extended to March 2026, which gives the project team a long enough window to cut the leeks - retail investors are not proactive in claiming when the coin price drops, and when the price rises, those who suddenly rush in due to FOMO.

My advice is straightforward: if you happen to qualify for the claim, don't rush to claim it. Take a look at the price trends, trading depth, and real use cases in the two weeks after it goes live, then decide whether to touch it. The outlook for the stablecoin ecosystem is good, but 99% of the people saying this now are just talking nonsense about how long this project can last and how much valuation it can support. Be cautious of official links, and be even more cautious of those who tell you "you must claim it now."