Tokenomics
warning
You should not rely on anything on this page to make your opinion on Citrus Finance or on the possible future token.
Information might change or be inaccurate.
Token details
- Name: Citrus
- Symbol: CTRS
- Decimals: 18
- Fully diluted supply: 10,000,000 CTRS
- Multi-chain
Initial distribution
| Who | Percentage | Unlock |
|---|---|---|
| Devs | 20% | linearly over 4 years with full voting power |
| Projects Airdrop | 10% | no vesting |
| Users Airdrop | 10% | no vesting |
| Users | 36% | Halving distribution over 8 years (TBD by holders) |
| Referrals | 4% | Same schedule as "Users" |
| Treasury | 20% | TBD by holders |
Treasury
All fees collected by Citrus products will be redirected to the Treasury. The Treasury will then exchange those tokens for Citrus stablecoin. The stablecoin tokens collected will then be distributed to the dev teams through grants and to proportionally to $CTRS holders.
Sink and Faucet
Citrus protocol aim is to support as many chains as possible, for this reason we decided to have our own stablecoin so we can apply a Sink and Faucet startegy when collecting fees and distribute earnings.
Sink
Every Citrus stablecoin token we collect as fee will be burned. They will be removed from circulation so that they can be re-emited later on.
Faucet
Every Citrus stablecoins we burn are tracked and are minted back to $CTRS stakers, so they can earn protocol fees on any chains they choose to stake