Concentrator $CTR

Concentrator is a unique and innovative cryptocurrency project that is anchored on the use of its governance token, the CTR token. Influenced by Curve's ve tokenomics, the CTR token offers its holders the power to influence the project's direction and also benefit from its earnings. It promises transparency, inclusivity, and significant earning potential for its community of users.

CTR Token and veCTR

The core element of the Concentrator project is the CTR token. This token is the project's governance token, granting its holders the ability to participate in project-related decisions. CTR token holders can lock their tokens for up to four years, converting them into veCTR. The power of each lock, known as ve power, depends on the amount of CTR locked and the remaining lock time.

Revenue Allocation and Earnings

Interestingly, veCTR holders have control over 50% of all Concentrator revenues. After community voting, it's expected that veCTR holders will earn the majority of this revenue. This earning model not only incentivizes tokens holding and lock-up but also ensures that the project's decisions are steered by those with a vested interest in its success.

CTR Tokenomics: Supply, Distribution, and Lock-up

The total supply of CTR is capped at 5,000,000 tokens, all of which will be emitted by the end of the IFO. This limited supply phenomenon ensures the potential appreciation of the CTR token over time. Remarkably, 50% of the total supply will be distributed to IFO farmers, encouraging wide user participation. Furthermore, the CTR token stands out for having no team or investor allotment, nor any involuntary lockups or vesting. This presents a fair, transparent, and community-driven model, putting users at the core of the project.