Cap Postpones ICO
After careful consideration of the current market conditions and feedback from our community, we have decided to postpone the Cap ICO. While this was a difficult decision, we believe it is the responsible way forward.
While the protocol's growth and reception have been positive, the overall market environment is becoming increasingly volatile. It has become clear that a significant number of willing participants are currently experiencing limitations in their participation due to this situation. Proceeding now risks excluding valuable members of our community and undermines the fairness and inclusiveness we strive for.
This decision reflects a long-term perspective. Cap continues to expand its institutional investor base, increase delegation sizes, and process redemptions as designed. The protocol remains operational, and the team continues to execute on its roadmap.
We believe that disciplined timing and broad consensus are essential for a successful launch. We will share updated plans once conditions are favorable for more inclusive participation.
Thank you for your continued support.
I understand, but as someone who is eligible for the stable drop, I'm not very happy about it. I'm receiving a fixed reward regardless of the sale results, so it's just being delayed for no reason.