13 July 2026
14 July 2026
GrillsAm I getting it right that people who farmed CAP points through any other ways than purchasing YT get absolutely nothing for their frontier points?
We’ve addressed this already and you know the answer. No one lost money on frontier. And frontier participants had access to the ICO which 5x’d
BenjaminWe’ve addressed this already and you know the answer. No one lost money on frontier. And frontier participants had access to the ICO which 5x’d
I lost money from minting? I lost money from sticking with 3% apy compared to 10-15+% which was widely available on the market at that period?
GrillsI lost money from minting? I lost money from sticking with 3% apy compared to 10-15+% which was widely available on the market at that period?
That’s not losing money. And this is not a chat for venting.
BenjaminThat’s not losing money. And this is not a chat for venting.
I'll vent elsewhere, understood 🫡
GrillsWhat's the rationale for not allocating any CAP tokens? Since the ICO went "5x" anyway, that's a successful launch right?
Cap token is meant for people that have a very long thesis on Cap. We’re trying to rebuild private credit from scratch and that takes time.
If we airdrop Cap to people in a farming program, they will just sell. We’ve made a conscious decision not to use Cap that way
GrillsYou allocated 10% of the supply to be sold but ended up changing to 5%. Why not use some of the remaining supply to at least give out some rewards to users who built your TVL for months?
That’s because originally we allocated 5% of the 10% towards funding the stabledrop. What changed is the value of that 5% is a lot less now. We never planned to use 10% to fund the stabledrop.
BenjaminWe’ve addressed this already and you know the answer. No one lost money on frontier. And frontier participants had access to the ICO which 5x’d
But we invested with partial information. The fact that the stabledrop would break even would have changed the calculus of investing in the ICO. All water under the bridge at this point but still an important point to make.
nonefungibleBut we invested with partial information. The fact that the stabledrop would break even would have changed the calculus of investing in the ICO. All water under the bridge at this point but still an important point to make.
Well if the ICO had ended up at 250m then we would’ve given out more. It doesn’t benefit us to give less
BenjaminWell if the ICO had ended up at 250m then we would’ve given out more. It doesn’t benefit us to give less
so.. It seems like the only option for homestead is a cap drop? 👀
Umutso.. It seems like the only option for homestead is a cap drop? 👀
but he just said that if team airdrop Cap to people in farming program, they would just sell. So no Cap drop 🤔?
Hung Nguyenbut he just said that if team airdrop Cap to people in farming program, they would just sell. So no Cap drop 🤔?
i thınk ıt was for frontıer.. because there ıs no any another optıon for s2 .... i thınk of course :)
Umuti thınk ıt was for frontıer.. because there ıs no any another optıon for s2 .... i thınk of course :)
I know. It’s quite contradictory 🤔