Tokenomics
Supply, distribution, and emissions of the CROSS governance token.
Last updated
Supply, distribution, and emissions of the CROSS governance token.
Last updated
Ticker: CROSS
Contract Address: 0x6ef20cA7E493c52095e892DAB78a7FD0e7e2a279
Chain: Cronos Chain (CRC-20)
CROSS is the governance token of the Cronos Stable Swap protocol. It adopts an deflationary emissions model based on a sigmoid supply curve, where ~13.9 million CROSS will be produced the first year, followed by ~9.0 million CROSS in the next year, ~4.3 million in the following year, with emissions being decreased by approximately ~60% for every year thereafter.
CROSS is a CRC-20 token that is algorithmically capped at 100,000,000 CROSS tokens.
Emission schedule expected to follow a sigmoid supply curve such that:
Where:
y = circulating supply excluding pre-minted tokens
x = years (assuming 360 days a year)
z = max supply excluding pre-minted tokens
DAO Treasury will only be utilized after consultation and approval with community and governance stakeholders for development purposes such as liquidity provision, seeding liquidity in partner protocols, and marketing allocations
Liquidity Mining
30%
n/a
DAO Treasury
40%
0xF1Da16Cb5De7E4D3C80F270eB1954CFC6bbeb254
Team Equity
30%
0x931238C37f656c3E770274f2a1DCc1d8E3559399
Rewards are calculated as: (Emissions x Price x Reward weight of the pool) / Total Value Locked
xUSD 3Pool
20%
CROSS-xUSD LP
72%
CROSS
8%