Supply: 10,000,000 $GCR
Contract Address: 0x6307b25a665efc992ec1c1bc403c38f3ddd7c661
The GCR token holds no inherent value. It will launch with the sole use case of being used for governance.
There will be a total supply of 10 million GCR tokens with the following distribution:
Seed Club will receive a 3% allocation of the community treasury due to GCR being a part of the second social token cohort. The Seed Club allocations will be subject to a the same schedule as the community treasury.
40% of the total token supply is available starting today, with the remaining tokens 60% unlocked after one year, and vested for a period of 3 years in line with the schedule below.
70% of all GCR tokens have been allocated to a community treasury. The community treasury is held in a multi-sig to be distributed at the community’s choosing. The above token vesting schedule applies to the community treasury. Treasury tokens are used at the discretion of the community, and may be allocated to any and all programs that add value to the ecosystem.
30% of the total GCR supply will be allocated to GCR team and advisors. These tokens will be vested linearly over a period of 4 years on the same schedule as the community treasury.