$CIN / $exCIN Token

$CIN

Utility

  • Governesses: To ensure efficiency, the management of the Dao will be operated via a committee. Committee members are selected through proxy voting of CIN token

  • Total Supply: 1 Billion

  • TBD

Revenue Generation (Only exCIN gets the reward)

  • 100% of ETF swap fee(0.05%)

  • 15% of perpetual trading fee

  • 5% of the ETF staking yields

  • Future API fee

$exCIN

Reward

  • $exCIN will be the reward token for stake holders(ETF holders, perp traders, perp liquidity providers, etc.)

Vesting

  • $exCIN can be vested via a one-year period once vested

  • Multiplier points is a factor effecting user’s staking yield. As one vest exCIN token, one’s multiplier points will be deducted

πŸ›ΈPrototype Flow Diagram

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