$0.105663
-$0.001707(-1.59%)
Market Cap
$131.55K
24h High
$0.107714
24h Low
$0.105663
24h Turnover
$27.68
Total Supply
5.00M
Market Sentiment
Neutral
About Concentrator (CTR)
CTR token is the governance token of Concentrator. CTR tokenomics work the same way as Curve’s ve tokenomics. CTR holders will be able to lock their tokens for up to 4 years to get veCTR, and the ve power of each lock will be determined by the amount locked and the remaining lock time left. veCTR bestows governance rights including the allocation of 50% of all Concentrator’s revenues, and depending on the outcome of the community vote, will likely earn most of that revenue.
The maximum total CTR will be only 5,000,000 and all of those will be emitted by the end of the IFO (with 50% distributed to IFO farmers). CTR has no team or investor allotment, nor does it have any involuntary lockups or vesting. Locking CTR to get veCTR will be available within a few weeks of the IFO period for users to lock their CTR and begin directing and/or receiving platform revenue.
Risk Disclosure
Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results.
Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.
Disclaimer
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