Per Woofun AI, Cap Labs has disclosed that the CAP stablecoin will commence operations on June 26. The protocol establishes a total supply cap of 10 billion tokens, with the initial circulating supply constituting 15.60% of the aggregate. This initial distribution comprises 5% allocated to the Initial Coin Offering (ICO), 10% directed toward ecosystem development, and 0.6% assigned to market makers.

The tokenomics framework allocates 47.45% of the total supply to the ecosystem and community, while private investors and the project team are each capped at a maximum of 20%. Additional allocations include 3.75% for Private TVL Deals, 3.28% for sales within the Echo community, and 0.52% for market makers. Tokens designated for private investors, the team, and Echo community sales will become accessible 12 months post-Token Generation Event (TGE). Following this one-year cliff, 25% of these reserved tokens will be released, with the remainder distributed linearly on a monthly basis over a three-year period.

Concurrently, participants in the Uniswap CCA will retain the ability to exchange rCAP for the native CAP token.