Crodo Tokenomics

Crodo Tokenomics

By Evgeny First | Astraonline | 16 Apr 2022


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A few days ago we reviewed the new IDO launchpad Crodo and learned the features of the Crodo Ambassador program.

So let's talk today about Crodo Tokenomics.

The native token of Crodo is CROD, its total supply is 100 million tokens. The network in which the token operates: Cronos.

What can this token be used for? The owners of this token will be able to use it in order to participate in pre-sales on the Crodo platform in the priority queue. Staking will also be available, so it will be possible to receive passive income.

Let's look at the token distribution model. It is worth saying that initially it was different, but it was finalized. So, let's look at the actual (final) version of the Crodo token distribution model.

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Seed sale (4 million tokens).
This is the earliest stage of the token sale to key investors.
Cliff for 3 month, 9.1% unlocked each month within 11 months.

Private sale (5 million tokens).
This is the next stage of the token sale to early investors.
Сliff for 2 month, 7.14% unlocked each month within 14 months.

Strategic sale (4 million tokens).
This is one more stage of selling tokens to early investors.
Сliff for 1 month, 6.25% unlocked each month within 16 months

Public sale (3 million tokens).
This is the final stage of the early token sale. It is called “Public” because a wider range of people can get access to the token sale at this stage. As a rule, this stage is carried out using special platforms, an example of which is Crodo itself.
20% unlocked, 20% unlocked each month within 4 months.

Team (15 million tokens).
This is a token fund for the Crodo team.
Cliff for 17 months, 4% unlocked each month within 25 months.

Advisors (6 million tokens).
This is a token fund for the Crodo advisors.
Cliff for 17 months, 4% unlocked each month within 25 months.

Liquidity (15 million tokens).
This is a fund to maintain liquidity, it is unlocked immediately.

Strategic Reserve (27 million tokens).
This is a strategic reserve fund.
Cliff for 16 month, 3,85% unlocked each month within 26 months.

Community / Ecosystem (21 million tokens).
This is a fund for community and ecosystem development.
5% unlocked, 2,44% unlocked each month within 39 months.

Token circulation supply over time:

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So, the full token emission into circulation should occur within 42 months.

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Evgeny First
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