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$CRST Tokenomics

TOKEN ALLOCATION

1 CRST = 0.5 USDC

Initial Dex Offering - 20% Release at TGE + 8 months vesting
42%
Liquidity Pool/Staking/Rewards - 4 years gradual unlock
20%
Founders - 2 years lock-up + 24 months vesting
19%
Reserve Treasury - No vesting period
10%
Partners/Team - 20% Release at TGE + 8 months vesting
5%
Private Sale - 20% Release at TGE + 8 months vesting
3%
Advisors - 20% Release at TGE + 8 months vesting
1%

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

VESTING

Private sale vesting period

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 immediately to their holders, 10% of the total will be released each month.

ALLOCATION TERMINOLOGY

Terms explained

Initial Dex Offering - No vesting period

An amount of 21,000,000 or 42% of the tokens is allocated for sale during the initial dex offering. The tokens from the initial offering won’t have a vesting period.

Liquidity Pool / Staking / Rewards - gradual unlock

An amount of 10,000,000 or 20% 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 capitalisation.

Founders - 2-year lock-up + 2-year vesting period

The founders of Coorest will have their tokens locked for a period of 2 years and will have an additional 2 year vesting period. An amount of 9,500,000 tokens or 19% of the total amount are allocated to the founders.

Reserve Treasury - 6-month lock-up + 10-month vesting period

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 be locked for a period of 6 months and will have an additional 10-month vesting period.

Partners - 6-month lock-up + 10-month vesting period

An amount of 2,500,000 or 5% has been allocated to Coorest’s partners and advisors. The tokens will be locked for 6 months after the initial offering and will have a 10-month vesting period.

Private Sale - 6-month lock-up + 10-month vesting period

An amount of 1,500,000 or 3% of the tokens is allocated to Coorest’s private sale. These tokens will be locked for 6 months after the initial offering and will have a 10-month vesting period.

Advisors - 2-year lock-up + 2-year vesting period

An amount of 500,000 or 1% of the tokens is allocated to Coorest’s advisors. These tokens will be locked for 2 years after the initial offering and will have an additional 2-year vesting period.

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