CLR & aMTT
Overview on Cluster's native assets.
Last updated
Overview on Cluster's native assets.
Last updated
Cluster's designated native cross-chain token is $CLR, strategically designed to furnish holders and stakers with multiple privileges and governance voting rights.
$CLR is set to have a maximum supply of 10,000,000 tokens, meticulously allocated as outlined below:
Treasury Swap
2.500.000
25%
None (Only accessible via $aMTT).
Early Backers
2.000.000
20%
3 month cliff then linearly over 18 months.
Team
1.000.000
10%
6 months cliff then linearly over 2 years.
Liquidity Vault Incentives
1.800.000
18%
Linearly over 18 months.
Treasury
1.000.000
10%
Linearly over 1 year.
Liquidity
700.000
7%
None.
Airdrop
1.000.000
10%
TBA
$CLR will primarily be used for community governance votes but will also play a role as reward token.
CLR-ETH and CLR/SOL LP holders will also be rewarded with native yield paid in $ETH and Cluster's treasury token: $aMTT().
As the protocol grows, more use cases will be implemented to further increase the demand for $CLR.
Cluster will also feature a uniquely designed treasury token which will be mainly in charge of controlling the emission rate of $CLR via .
$aMTT will not have a fixed supply; instead, it will be minted and burned based on user actions.
Here's how it will work:
$aMTT will be minted and rewarded to users who commit to staking their CLR-ETH or CLR-SOL LP in Cluster's dedicated staking pool.
Holders of the LP will also have the ability to vote on governance proposals.
Conversely, $aMTT will be burned each time a user exercises their right to access the Treasury Swap discount.