Cronos Stable Swap
  • šŸ‘‹Welcome to CROSS
  • šŸ¤Get Involved
  • CROSS ECOSYSTEM
    • šŸ”—Connecting to Cronos
    • šŸŒ‰Bridging into Cronos
    • šŸ”„xUSD Stableswap
    • ⚔Flash Loan
    • šŸ–ŒļøMedia Kit
  • Fundamentals
    • āš–ļøTokenomics
      • DAO Treasury
      • Team Equity
    • šŸ”’Audits & Security
    • šŸ“‹Contract Addresses
    • šŸ›£ļøRoadmap
  • EARN CROSS
    • xUSD Staking
    • CROSS-xUSD LP Staking
    • CROSS Staking
  • TUTORIALS
    • How to Swap
    • How to Add/Remove Liquidity (Basepool)
    • How to Add/Remove Liquidity (Metapool)
    • How to Earn Rewards
    • How to earn rewards (CROSS Loyalty Staking)
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On this page
  • Supply Schedule
  • CROSS Allocation
  • Liquidity Mining Distribution
  1. Fundamentals

Tokenomics

Supply, distribution, and emissions of the CROSS governance token.

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.

Supply Schedule

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:

  • y=2āˆ—z1+eāˆ’xāˆ’zy = \frac{2*z}{1 + e^{-x}}-zy=1+eāˆ’x2āˆ—zā€‹āˆ’z

  • Where:

    • y = circulating supply excluding pre-minted tokens

    • x = years (assuming 360 days a year)

    • z = max supply excluding pre-minted tokens

CROSS Allocation

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

Allocation
% of Max Supply
Address

Liquidity Mining

30%

n/a

DAO Treasury

40%

0xF1Da16Cb5De7E4D3C80F270eB1954CFC6bbeb254

Team Equity

30%

0x931238C37f656c3E770274f2a1DCc1d8E3559399

Liquidity Mining Distribution

Rewards are calculated as: (Emissions x Price x Reward weight of the pool) / Total Value Locked

Pool
Rewards per block (% of emission)

xUSD 3Pool

20%

CROSS-xUSD LP

72%

CROSS

8%

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Last updated 3 years ago

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