The way Benjamin tries to shift the blame for the MegaETH interest rate makes me think of when I was a kid and broke a vase, then said the cat did it.

CryptoPotato news: CAP founder and CEO Benjamin posted an apology regarding the Stabledrop controversy, saying the team had promised an allocation of 11 million before the funds were fully settled, but due to market changes, the early token release, and financing coming in below expectations, the final distributable amount was only 4.2 million. To ensure YT holders would not suffer a principal loss under the original plan, the team switched to distributing under a “capital preservation but no profit” principle, and said that the same rules apply to all wallets. Benjamin also said CAP’s recent TVL decline is due to a surge in the USDM borrowing interest rate on AAVE via MegaETH, which is unrelated to Stabledrop, and that the related redemptions have all been handled normally.