Odaily Planet Daily reports that Benjamin, co-founder of the stablecoin project Cap, stated on the X platform that CAP will not conduct token airdrops. The project will incentivize users by distributing Stabledrop in the form of stablecoins to Frontier project users. The only way to acquire CAP is through the upcoming public offering, and participants in the public sale will constitute nearly 100% of the circulating supply at TGE. He also pointed out that Cap will not pay listing fees to CEXs, nor will it use CAP for TVL incentives or side trading. Related collaborations will be settled solely in stablecoins to avoid excessive token dilution and uncontrolled buyback costs.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
$5.8 Billion in Token Unlocks Scheduled for March
Gate News bot message, $5.8 billion worth of tokens will be unlocked in March. The notable token unlocks include: $RAIN $338.02M, $ASTER $56.02M, $SUI $48.65M, $ZRO $45.45M, $STABLE $29.41M, $BARD $25.16M, $POWER $23.04M, $PUMP $19.07M, $RIVER $18.42M, and $STBL $16.97M.
GateNews3m ago
Avantis confirms that the second season airdrop will take place on March 5th.
Odaily Planet Daily reports that the leading decentralized derivatives exchange in the Base ecosystem, Avantis, officially announces that the second season airdrop will take place on March 5. This season will distribute a total of 40 million tokens to trading users and LPs. The complete airdrop eligibility criteria and claiming mechanism will be announced in the coming days.
GateNews50m ago
AI Agent Launchpad Clawnch and Bankr have reached a partnership, with Bankr becoming its underlying launcher for token issuance.
Clawnch has reached a strategic partnership with Bankr, which will become the underlying platform for Clawnch and its token issuance. At the same time, Bankr's LLM gateway will be a core component of Clawnch's new project OpenClawnch. This collaboration aims to strengthen Clawnch's infrastructure, and project issuance fees will be moderately increased.
GateNews5h ago
RootData: STABLE will unlock tokens worth approximately $29.97 million in one week.
ChainCatcher message: According to Web3 asset data platform RootData's token unlock data, Stable (STABLE) will unlock approximately 88,889,000 tokens at 13:00 Beijing time on March 8, with a value of about $29.97 million.
GateNews9h ago
Hyperliquid Unveils HIP-6 Token Auctions
Hyperliquid's HIP-6 proposal introduces Continuous Clearing Auctions for permissionless token launches, enhancing fundraising and price discovery. It includes built-in safeguards, a fee structure for liquidity, and is designed to prevent price manipulation while streamlining the auction process for teams.
CryptoFrontNews20h ago
