The Edge Podcast Breaking The Token Playbook: Cap's $12M Stabledrop
Benjamin is the Founder of Cap and DeFi Dave is the Founding Head of Growth.
Token launches are broken. Founders pay exchanges 5-10% of supply, airdrop to farmers who dump immediately, and wonder why everything goes to zero. Benjamin calls it "the conveyor belt to death." Cap is breaking the playbook: no CEX listing fees, no token airdrops, and no TVL deals paid in tokens. Instead, they're doing the first-ever Stabledrop—$12 million in stablecoins to early supporters, funded by their upcoming ICO on Uniswap.
In this episode, we cover:
+ Why the status quo token launch playbook leads to death
+ The Stabledrop: How $12M in stablecoins rewards early users
+ Cap's three rules: No airdrops, no CEX fees, no token TVL deals
+ ICO mechanics on Uniswap and who's eligible
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💎 THIS EPISODE'S PARTNERS
🌅 NEUTRL | The next generation of crypto-native yield
🛡️ ACCOUNTABLE | Real-time financial verification
🕛 NOON | The highest and safest stablecoin yield, built for the long term
⚔️ KATANA | Deep liquidity & real yield
🏦 MANTLE | MNT is now live on Solana
🐡 PUFFER INSTITUTIONAL | ETH staking solutions for scale
⚙️ GEARBOX PROTOCOL | Onchain lending reimagined
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⏱️ TIMESTAMPS
0:00 - Intro
1:34 - Breaking the playbook: Cap's three fundamental rules
15:54 - What is Cap and how it works?
16:49 - The Stabledrop: Airdrops reimagined with stablecoins
18:17 - How founders and the community responded
19:24 - How is the Stabledrop calculated?
25:06 - Homestead Program: Double points in first month
27:21 - How the $12M Cap Stabledrop works
29:44 - CAP ICO mechanics: How the Uniswap sale works Feb 9th
35:50 - Closing
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🔗 GUEST LINKS
► Cap website: https://cap.app/
► Official Cap Stabledrop details announced: https://x.com/capmoney_/status/2019079426823303371?s=20
► Cap on X: https://x.com/capmoney_
► Cap Labs Limited on X: https://x.com/caplabslimited
► Benjamin on X: https://x.com/Benjamin918_
► DeFi Dave on X: https://x.com/defidave22
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► Follow Nomatic: https://x.com/Nomaticcap
► Learn DeFi: http://defidad.com/
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DISCLAIMER: Nothing said on The Edge Podcast is a recommendation to buy or sell tokens or securities. This content is for educational and entertainment purposes only. Nothing shared here is financial advice. Any views expressed by hosts or guests on the show are solely their opinions. Always do your own research. DeFi Dad, Nomatic, and guests may have positions in the assets or other matters discussed in this podcast. DeFi Dad and Nomatic invested in the Cap seed round.