$CAI Token
Cuckoo Token $CAI is the meme / utility token for Cuckoo Network.
Total supply
1,000,000,000
Utility
- Staking: For network participation and earning rewards.
- Meme: Let the spirit fly!
- Payments: For transactions within the Cuckoo Network.
- Governance: To vote on key decisions and protocol upgrades.
- Rewards: For miners, app builders, and users who contribute to the ecosystem.
Incentives
- Mining Rewards: A portion of the tokens should be allocated to incentivize miners to contribute GPU resources.
- Staking Rewards: Allocate tokens for rewarding stakers who help secure the network.
- Developer Grants: Encourage development by providing grants to builders who create on the Cuckoo Network.
Fair launch
Community Allocation : 51%
Mining Rewards: 30% for GPU miners.
Staking Rewards: 11% for network stakers.
Airdrops: 5% to early adopters and active community members.
Developer Grants: 5% to incentivize development.
Team and Advisors: 20%
Team: 15% vested over 4 years.
Advisors: 5% vested over 2 years.
Ecosystem Fund: 20%
Partnerships: 10% for strategic partnerships and collaborations.
Marketing and Community Building: 5% to grow the user base.
Liquidity Provision: 5% to ensure liquidity on exchanges.
Reserve : 9%
Future Development: 5% for unforeseen future needs.
Emergency Fund: 5% for critical situations.
Key Principles of a Fair Launch
- No Pre-Mining or Insider Allocations:
- There are no tokens mined or allocated before the public launch. This means that neither the team nor any insiders have an advantage over the community in acquiring the tokens.
- Transparent and Open Distribution:
- The process for acquiring tokens is transparent and open to everyone. Methods include public mining, open staking, or public listing where everyone has equal access.
- Equal Opportunity:
- All participants have the same opportunity to acquire tokens. This can be achieved through mechanisms like initial liquidity mining, airdrops, or public listing without preferential pricing.
- Decentralized Control:
- From the beginning, the project is governed in a decentralized manner, often using a Decentralized Autonomous Organization (DAO) where token holders have a say in the governance and future direction of the project.
Misc Token FAQ
Where is Cuckoo Chain registered?
Mainnet Chain ID: https://github.com/ethereum-lists/chains/blob/master/_data/chains/eip155-1200.json
Testnet Sepolia Chain ID: https://github.com/ethereum-lists/chains/blob/master/_data/chains/eip155-1210.json