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$CRST Tokenomics

TOKEN ALLOCATION

1 CRST = 0.5 USDC

Coorest Affiliate Program
25%
Founders
19%
Liquidity Provider (staking rewards - Hybrid model)
15%
Team, Advisors & Partners
13%
Initial Dex Offering | Public Sale
10%
Reserve treasury
10%
To be announced
5%
Private Sale
3%

Total amount of tokens allocated : 50.000.000

CRST contract addresses:

Polygon: 0x91f0484f9b65dc5187e414dae5ed37ea7a4b8af4

Ethereum: 0x776aaca47ee579ff63f6c00a921377eb21359e59

Supply

Supply

The total amount of tokens is 50 million, which in the context of cryptocurrencies is a fairly limited supply. The finite amount of tokens give them intrinsic scarcity since more cannot be created.

Type: ERC20
Ticker: CRST
Total supply: 50,000,000
Private sale price: 0.35- 0.40 USDC
Public sale price: 0.50 USDC

ALLOCATION TERMS

Vesting Schedule - Breaking it down

Private Sale

An amount of 1,500,000 or 3% of the tokens is allocated for to private investors during a Pre-sale. The $CRST tokens will gradually be given to their respective holders. This is known as vesting period and it will be used in the following way: 20% of the total amount of purchased tokens will be available to the tokens holders immediately after the public sales, 10% of the total will be released each month.

Initial Dex Offering | Public sale

An amount of 5,000,000 or 10% of the tokens is allocated for sale during the initial dex offering. The tokens that are not sold during this offering will be burnt. The $CRST tokens will gradually be given to their respective holders. This is known as the vesting period and it will be used in the following way: 20% of the total amount of purchased tokens will be available to the tokens holders immediately after the public sales, and 10% of the total will be released each month.

Liquidity Provider (Staking Rewards)

An amount of 7,500,000 or 15% of the tokens is allocated to the liquidity pool to provide liquidity and staking rewards. The tokens allocated to the liquidity pool will be released gradually to preserve the market capitalization

Coorest Affiliate Program

An amount of 12,500,000 or 25% of the tokens is allocated to the Coorest Affiliate program. These tokens will have a cliff period of 6 months, and will have a 78 -month vesting period. These tokens will be unlocked gradually throughout the year, based on the onboarding and ambassador program. To be released

Chainlink

An amount of 2,500,000 or 5% has been allocated to Coorest’s partners. The tokens will have a cliff period of 12 months after the public sales and will have a 24-month vesting period. The tokens will be unlocked gradually and the period could be longer but not shorter. Tokens will be distributed through the partner staking program

Reserve treasury

An amount of 5,000,000 or 10% of the total amount will be allocated to the reserve treasury. The tokens for the reserve treasury will have 24 months cliff period and 120 - a month vesting period. After the cliff, the tokens may be gradually unvested

Founders

An amount of 9,500,000 tokens or 19% of the total amount are allocated to the founders. These tokens have a cliff period of 24 months years and will have an additional 5-year vesting period.

Team, Advisors & Partners

An amount of 6,500,000 or 13% has been allocated to Coorest’s Team, Advisors & Partners. The tokens will have a cliff period of 7 months after the initial offering and will have an 84-month vesting period.

Vesting contract
Unlock Time (UTC)
Unlock Percentage
Unlock Supply
After IDO/IEO is closed, at the moment of listing
20%
300.000
02.07.2023
10%
150.000
02.08.2023
10%
150.000
02.09.2023
10%
150.000
03.10.2023
10%
150.000
03.11.2023
10%
150.000
04.12.2023
10%
150.000
04.01.2024
10%
150.000
04.02.2024
10%
150.000

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