Tokenomics

CCY Tokenomics

he contract address for CCY token on the AVAX blockchain is:

0xb723783e0f9015c8E20b87F6CF7ae24dF6479e62

CCY launched using a placeholder ARC-20 token on the Avalanche blockchain. After the launch of Chromia’s mainnet, a migration feature will become available for these ARC-20 CCY to be ported over to the Chromia chain. This setup is similar to how popular Layer-1 chain tokens existed as placeholder ERC-20 tokens on Ethereum before launching.

We have chosen AVAX due to the relative stability of the chain, as well as the low transaction fee requirement for buying and selling the token.

Max Supply: 108,855,240

Category	%	# of tokens	Vesting Terms
Presale	30.32%	33,000,000	50% at TGE, 50% linearly over 6 months
VC Fund	8.13%	8,855,240	50% at TGE, 50% linearly over 12 months
Dev Fund	9.19%	10,000,000	3 month cliff, then released over 18 months
Treasury	27.56%	30,000,000	Unlocked at TGE with 1 day delay on withdrawal
Liquidity	24.8%	27,000,000	Locked in AMM LP