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 |
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