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Distribution & Vesting

Our tokenomics came from a sustainable and longevity perspective while weighing in a fair market launch. Hence, with the large public sale supply, we wanted to ensure the price reflected the protocol's health rather than having closed-door price discovery.

The total supply of the protocol token $CRASH is 100,000,000. To ensure transparency with our tokenomics, we have specifically organized the distribution of the tokens into nine categories, along with their respective locks plus vesting schedules.

Distribution

Public Sale​

  • Percentage: 64.50%
  • Details: The largest allocation, 64.50%, is reserved for the public sale, ensuring a sustainable token economy with the entire allocation released upon the TGE.
  • TGE: Took place on Coinecta's launchpad on August 5th, 2024, releasing most of the token supply to the public.
  • Lock & Vesting: N/A
  • Current Circulation: 64,500,000

Liquidity​

  • Percentage: 10.00%
  • Details: To facilitate trading and stability, 10% of the total supply has been allocated to the liquidity pool on Sundaeswap V2.
  • Lock & Vesting: N/A
  • Current Circulation: 10,000,000

Team Treasury (Operating Expenses)​

  • Percentage: 10.00%
  • Details: This allocation is dedicated to the treasury, used for operations and future fundraising, including PR, CEX listing, hires, and ad spending for further reach.
  • Lock & Vesting: 12-month lock with 12-month vesting
  • Uses:
    • 6%: Operational expenses such as marketing, PR, listings, future team hires, and ad spending.
    • 3%: Reserve for future development needs.
    • 1%: Beta mechanic rewards (Unlocked 1% for the community).
  • Current Circulation: 0

Development​

  • Percentage: 7.00%
  • Details: Investing in the project's continuous improvement, 7% of the tokens are allocated to our development team, SAIB, led by Clark Alesna.
  • Lock & Vesting: 12-month lock with 36-month vesting
  • Current Circulation: 7,000,000

Audit​

  • Percentage: 1.00%
  • Details: To maintain the highest security standards, 1% of the tokens are set aside for third-party audits.
  • Lock & Vesting: 12-month lock with 6-month vesting
  • Current Circulation: 0

ISPO​

  • Percentage: 3.00%
  • Details: Early supporters delegated to our initial stake pool offering (ISPO), CRASH, will receive 3% of the token allocation as a reward for being early adopters.
  • Lock & Vesting: 1-month lock with 6-month vesting
  • Final Allocated Tokens: 3,000,000

Advisors​

  • Percentage: 2.00%
  • Details: Advisors contribute early feedback and guidance before platform updates are allocated 2% of the tokens.
  • Lock & Vesting: 12-month lock with 36-month vesting
  • Current Circulation: 0

Airdrop​

  • Percentage: 1.50%
  • Details: Airdrops, accounting for 1.50% of the tokens, are reserved for Bomber’s holders who hold a minimum of 3, Coinecta Stakers who staked 5k cnct minimum, Fren Holders who hold 1 NFT from any Fren NFT Collection, and Holders of 100K NIKE tokens which contribute a minimum amount of 1000 ADA.
  • Lock & Vesting: 3-month lock
  • Current Circulation: 0

Points Exchange​

  • Percentage: 1.00%
  • Details: Lastly, 1% of the tokens are allocated to community members who have accrued points before Crashr’s official beta launch.
  • Lock & Vesting: 3-month lock
  • Current Circulation: 0

As of 10.06.24, the current total circulating supply is 74,750,000.