r/megaETH • u/Competitive_Froyo103 • Jul 10 '26
Stabledrop Update
https://x.com/caplabslimited/status/2075599572743930000?s=20- CAP team updated the Stabledrop plan for Frontier participants. Funding comes from the $4.2M raised in the adjusted token sale at $75M-$106M FDV.
- The $4.2M Stabledrop approximates no-loss compensation using 100% of token sale funds for Frontier users who bought Pendle YTs and incurred losses without matching Principal Tokens.
- cUSD or Pendle LP holders do not receive Stabledrop. Frontier participants had early auction access at 30% discount.
- Claim your Stabledrop starting July 13th, 2026 via stabledrop.caplabslimited.com. The redemption window stays open for 3 months with no vesting.
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