Cap co-founder Benjamin announced that the CAP token will not be distributed via airdrop. Instead, the project will reward Frontier users with a 'Stabledrop' using stablecoins. The CAP token will be available exclusively through a public sale, which will account for nearly 100% of the circulating supply at the Token Generation Event (TGE).
Benjamin also stated that Cap will not pay listing fees to centralized exchanges or use CAP tokens for TVL incentives. All collaborations will be settled in stablecoins to prevent token dilution and manage repurchase costs effectively.
Cap Co-Founder Confirms No Airdrop for CAP Token, Public Sale to Distribute Supply
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