Stable will launch its mainnet on December 8, and USDT will be the native gas token. Stable is the governance token, and staking stable allows you to earn on-chain yields.

This design is quite interesting. Generally, new chain liquidity incentive activities tend to cause the native token to spiral downward in price (see XPL as a reference), but with stable, staking stable yields U (USDT).

Looking at the token distribution, 90% is locked and controlled, and the 10% initial distribution by the founders goes to depositors.

However, the first wave of deposits also mainly came from the project team themselves and their large partners ($825 million in total, 3,128 addresses submitted, but fewer than 300 were successful, with an average of $2.75 million per wallet, and large holders accounted for over 70%), so basically, you can assume there won't be much selling pressure.

Later on, there will probably be some collaborative campaigns with exchanges and other partners. All in all, it looks like a highly controlled + staking dividend setup. Shorting is not allowed at launch anyway.