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Benjamin | cap
building stablecoins @capmoney_ | @QiDaoProtocol
Restaking lives!
I'll continue to say it: the only scalable yield source for cryptocurrencies is restaking. Nothing else comes close
It gives token holders access to yield from almost any valuable human and non-human activity
For us, it insures that bluechip financial institutions generate yield & act in accordance to our protocol rules.
But w/o redistribution, it would not work. Now, nothing can hold us back
23 tuntia sitten
🌐 It’s here.
Redistribution is LIVE on mainnet.
Slashed funds may now be redirected instead of being burned.
Rewards, slashing, and now redistribution, all working together to let AVSs build custom incentives, protect users, and grow resilient ecosystems.
@capmoney_, the stablecoin protocol is an early adopter of this powerful upgrade.
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6,78K
Huge milestone for the team as we prepare for launch
Beyond being a collateral asset for cUSD, this addition to the CSN will help our protocol earn idle tbill yield from assets not being actively used by our yield engine
And it’s only the start. Institutions want to be onchain and they want to collaborate with DeFi
16.7. klo 23.31
Cap is proud to announce the Cap Stablecoin Network (CSN) with @PayPal USD being our initial launch partner.
The deal marks a watershed moment for the ecosystem as we gear up to launch cUSD, the first stablecoin with credible financial guarantees.
Here's why it matters:
9,43K
I’m going to miss being the largest $cUSD holder
It’s been about a month since we fully launched @capmoney_ on Ethereum
We’ve been testing every aspect of our live protocol to make sure it is safe and easy to use
Launch is around the corner. And I definitely won’t be able to keep my no. 1 holder spot
🧢
9,11K
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