Cap Labs has released a new Stabledrop plan tied to its Frontier Program, setting aside $4.2 million in stablecoin compensation for eligible users. Under the updated terms, the payout will go to Frontier participants who held capped tokens and are currently at a loss, with funds sourced entirely from token sale proceeds. The compensation will be paid in cUSD and is intended to fully cover those losses. The revised Stabledrop will become redeemable on July 13, 2026, and users will have a three-month window to claim. Eligibility is limited: only Frontier participants whose losses came from buying Pendle YT can receive the compensation. Users who simply hold cUSD or provide liquidity to Pendle LP are excluded from the stablecoin distribution. The update narrows the scope of the program while clarifying both the source of funds and the redemption timeline.
Stablecoin protocol Cap Labs has announced a revised Stabledrop plan for its Frontier Program. Under the latest terms, users who held capped tokens in the program will receive $4.2 million in stablecoin compensation, with the full amount coming from token sale proceeds.
Cap Labs said Frontier participants who are currently underwater will receive enough cUSD to cover their losses. The updated Stabledrop will be redeemable starting July 13, 2026, and users will have three months from that date to claim.
The compensation is only available to Frontier participants whose losses resulted from buying Pendle YT. Users who hold cUSD or provide liquidity to Pendle LP will not receive the stablecoin reward.
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