π§ Tokenomics
Last updated
Last updated
The CREPE Token issued by Crepe Foundation is designed to be issued in a limited amount of 1 billion tokens. Of this, 350 million tokens (35%) can be mined as a reward through various staking methods, and 150 million tokens (15%) are paid for community expansion. Among team quantities, 50 million tokens (5%) for founders will be paid in a lump sum in February 2025 after the 3-year vesting period from February 2022 and 30 million tokens (3%) for early contributors will be paid in a sliding way for 12 months from November 1, 2023 after the lock-up period from February 2022. The remaining 120 million tokens (12%) for teams are paid for the salary and compensation of the development team and management team, development expenses and marketing expenses, etc.
