The sale will begin during the week of February 9, 2026.

1️⃣ ICO Details:

- Sale Allocation: 10% of total supply

- Initial Circulating: 11% (10% ICO + ~1% market makers)

- Payment: cUSD stablecoin

- Network: Ethereum Mainnet

- Valuation: FDV $150M, max $250M

- Lockup: None; 100% at TGE

2️⃣ Participation:

- Whitelist: CAPS holders, Frontier participants, pre-approved strategic partners get early bid rights

3️⃣ Bid Phases:

- Registration & KYC: 7 days

- Pre-Bid: 2 days (whitelist)

- Early Bid: 2 days (whitelist)

- General Bid: 5 days (open to all)

4️⃣ Innovative Reward – “Stabledrop”:

- Frontier participants receive cUSD from ICO proceeds instead of CAP tokens, balancing short-term gains and long-term token stability. Full payout details coming soon.

5️⃣ Next Steps – Frontier → Homestead:

- Frontier ends Jan 29, Homestead launches immediately

- Pendle markets open for asset rollover and point accrual

Cap Protocol is building a next-generation DeFi ecosystem focused on fair token access, sustainable rewards, and long-term community growth