source avatarCoinHunters

Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

🍊 Citrea Introduces the $CTR Token The coordination asset of the Bitcoin economy, @citrea_xyz, has announced a new token named CTR after two years of development. What Did They Build? 🎯 They developed Citrea, Bitcoin’s first ZK Rollup, and the minimally trusted BTC bridge, Clementine. The ecosystem has grown to include areas such as payments, lending, and BTC yield. Problem: The “Ownership Gap” They define the disconnect between those who create long-term value for the ecosystem and those who capture that value as the “Ownership Gap,” arguing that centralized decision-making hinders sustainable growth. How Do CTR and xCTR Work? They operate via a modified vote-escrow staking model. Users who stake CTR receive xCTR, granting them direct voting rights over where the ecosystem’s capital flows. Dual Treasury Model Governance Treasury (managed by xCTR holders): Liquidity incentives, infrastructure payments Foundation Treasury: R&D, grants, operations, and strategy Gauge System: A self-optimizing incentive cycle. Active xCTR voters earn multiplier-based liquidity emissions in the pools they vote for. 💰 Token Distribution Total supply: 10 billion CTR (fixed) 60% allocated to the ecosystem and community Of this, 12% is reserved for initial claims In short, Citrea is establishing a token economy designed to shift control of the Bitcoin ecosystem from centralized entities to users.

No.0 picture
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.