Cap Co-Founder: CAP will not have an airdrop; the public offering will constitute nearly 100% of the circulating supply at TGE

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.