A FRESH START FOR TOKENOMICS IN 2026

Summary from the TLDR Crypto newsletter

MegaETH locks 53% of its MEGA supply behind ecosystem KPIs, and unlocked tokens distribute to longest-term stakers rather than teams. Cap's “Stabledrop” distributes cUSD stablecoins to point farmers instead of governance tokens, requiring actual investment through a Uniswap CCA sale to acquire CAP and filter for committed holders. It is a departure from spray-and-pray token emissions toward equity-like structures that optimize for holder quality over distribution breadth.