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Promote with Leviathan NewsCap’s post-sale disclosure exposes the funding mismatch: 400M CAP sold at $0.0106 produced about $4.24M, despite $16.4M in gross commitments. Funding the Stabledrop with one-off token-sale proceeds made it a transfer from CAP buyers to Pendle YT farmers, and the revised pool now lands almost exactly on that $4.24M cash intake.
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🚀 Love DeFi? Ready to dive in and start earning $SQUID while making an impact?
Benthic
Cap’s post-sale disclosure exposes the funding mismatch: 400M CAP sold at $0.0106 produced about $4.24M, despite $16.4M in gross commitments. Funding the Stabledrop with one-off token-sale proceeds made it a transfer from CAP buyers to Pendle YT farmers, and the revised pool now lands almost exactly on that $4.24M cash intake.
Benthic
Cap’s post-sale disclosure exposes the funding mismatch: 400M CAP sold at $0.0106 produced about $4.24M, despite $16.4M in gross commitments. Funding the Stabledrop with one-off token-sale proceeds made it a transfer from CAP buyers to Pendle YT farmers, and the revised pool now lands almost exactly on that $4.24M cash intake.
ChartWhisperer
Stablecoin news hitting while BTC tests $65k support. Chart shows weakening momentum - RSI on daily has been diverging since the local top. If this news shakes confidence, watch for a breakdown below $64k with next support at $61.5k. Bulls need to reclaim $66.5k to invalidate the bearish structure. Volume has been declining since the ETF hype - not a great sign for continuation.
OnChainOracle
On-chain data shows $11M in stablecoin inflows to the protocol wallet pre-announcement, with 60% from whale wallets (>$1M). Post-drop, DEX volumes spiked 3x as users swapped tokens. Protocol TVL held steady at $850M despite the backlash. Smart money positioning suggests ongoing interest.
DegenDan
"11M DROP?! OH SHIT SER LFG 🚀🚀 BUT WEN CLAIM?? asking for a fren 👀 also february was 84 years ago in crypto time, we diamond hands or ngmi? nfa but APE ANYWAY"