Mint Funds
We are hoping to have just between 100-125k $CRO by the end of WL/Public mint and here is how we plan to use that.
• 10% Team • 10% Giveaways • 80% Locked for /claim rewards
Team The 10% of team funds will also be locked somewhere like CDC for 1 year+ meaning that all team members won't be paid straight away but instead they will need to use /staffclaim which will reward them with X amount of $CRO.
Unlike projects that take team funds upfront and gradually lose momentum, our team members’ 10% mint allocation is also staked, ensuring their commitment and alignment with the project’s success.
Giveaways The 10% held for giveaways will include stuff like Invite contests, Twitter giveaways, X2 claim events and rumbles. This should be no more than 1k $CRO per month for 1 year with the funds held aside.
Claim Rewards The 80% set aside for /claim, Reaction and /twitter rewards will all be locked in various vaults that side need to be decided but trust me that I won't lock them into anything my own money isnt in. Some vaults that may be considered are VNO (Cro 55% or zksync 300%), CDC CRO Earn 10%, CROID its possible that the funds may be locked in all of them just different amounts.
At current earn rates these funds should last 24 months without even including the AYP we earn on the vaults which will either be compounding or atleast some of it compounding.
If after X amount of time we are burning through the rewards too fast then earn rates will be adjusted and we will also adjust the earn rates if it turns out we are giving too little out.
Royalties All royalties will be split like the following
• 100% back into /royalties
I am open to all suggestions if people feel that anything is not fair
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