> For the complete documentation index, see [llms.txt](https://cronos-stable-swap.gitbook.io/cronos-stable-swap/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://cronos-stable-swap.gitbook.io/cronos-stable-swap/fundamentals/tokenomics.md).

# Tokenomics

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**Ticker:** CROSS

**Contract Address:** 0x6ef20cA7E493c52095e892DAB78a7FD0e7e2a279

**Chain:** Cronos Chain (CRC-20)
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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

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CROSS is a CRC-20 token that is algorithmically capped at 100,000,000 CROSS tokens.
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Emission schedule expected to follow a sigmoid supply curve such that:

* $$y = \frac{2\*z}{1 + e^{-x}}-z$$
* Where:
  * y = circulating supply excluding pre-minted tokens
  * x = years (assuming 360 days a year)
  * z = max supply excluding pre-minted tokens

### CROSS Allocation

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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
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| Allocation       | % of Max Supply | Address                                    |
| ---------------- | :-------------: | ------------------------------------------ |
| Liquidity Mining |       30%       | n/a                                        |
| DAO Treasury     |       40%       | 0xF1Da16Cb5De7E4D3C80F270eB1954CFC6bbeb254 |
| Team Equity      |       30%       | 0x931238C37f656c3E770274f2a1DCc1d8E3559399 |

### Liquidity Mining Distribution

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Rewards are calculated as: (Emissions x Price x Reward weight of the pool) / Total Value Locked
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| Pool          | Rewards per block (% of emission) |
| ------------- | :-------------------------------: |
| xUSD 3Pool    |                20%                |
| CROSS-xUSD LP |                72%                |
| CROSS         |                 8%                |