$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 userβs staking yield. As one vest exCIN token, oneβs multiplier points will be deducted
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