CoinVoice has recently learned that Hourglass tweeted that the second phase of the Stable pre-storage vault has ended. Over 10,000 verified wallets contributed more than $1.1 billion in qualified deposits. The funding distribution for the second phase is done proportionally, based on qualified deposits, and ensures a minimum allocation of $1,000 to avoid dilution of small participants' funds by large depositors. For each qualified deposit, the first $1,000 will be allocated at 100%; the portion above $1,000 will be allocated proportionally. Based on approximately $1.1 billion in qualified deposits and $500 million in deployment capacity, the final allocation ratio for the portion above the $1,000 minimum limit is approximately 45%, while the remaining approximately 55% will be returned in the form of refunds. Refunds for the undistributed portion will be issued early next week. Users marked as ineligible can continue to withdraw at any time. [Original link]