[Hourglass: Stable Pre-Deposit Phase 2 Oversubscription Refund Initiated] BlockBeats news, on November 18, Hourglass announced that the refund for the oversubscription of the Stable pre-deposit plan Phase 2 has been initiated. Approved participants of Phase 2 can now claim their refunds via Merkl. Currently, over 634 million USDC is available for claiming, while the remaining balance has been deployed and can be claimed after the event concludes.