Cap Labs: CAP token TGE will take place within the next two weeks
Foresight News reported that the stablecoin protocol Cap Labs announced on Twitter that the CAP token TGE is expected to take place within the next two weeks, with the Stabledrop event to follow soon after TGE. Specific details will be announced later.
According to a previous report by Foresight News, the stablecoin protocol Cap Labs launched a CAP token auction on June 8. The token allocation percentage for the auction event was reduced from the original plan to 4%, with the remaining 1% to be released through secondary token sale channels. Tokens sold via Uniswap CCA will be distributed as Redeemable CAP (rCAP), which users will need to swap for official CAP tokens at TGE.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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