Tokenomics & Fees
Platform Tokenomics
The Crosswise Finance ecosystem features two complementary tokens. CRSS is our main utility token and is used for rewards and fees. Governance rights and platform dividends are provided by our sCRSS stakeholder token.
CRSS Token
Name Crosswise Token
Ticker CRSS
Network Binance Smart Chain (BSC)
Decimals 18
Standard BEP20
Token Contract
TBA
CRSS Token Supply
Emission
CRSS is an emission based token. Emission is variable and will be adjusted on a regular basis. We estimate that it will take 4-8 years to reach max supply.
Max Supply
Maximum supply is limited to 50 Million.
Supply at Launch
We minted 4 Million CRSS for the pre-sale. Approximately 30% had vested by the time of initial launch. Unsold tokens were bought back and used for liquidity.
At re-launch all 4 Million CRSS will have vested. Approximately 3 Million will be in the compensation pool. About 1 Million will be in open circulation, which includes the liquidity.
CRSS Vesting
CRSS is our native token used to distribute rewards and collect fees. The CRSS token has a built-in vesting feature intended to slow down selling of CRSS, and improve overall price stability.
sCRSS Token
Name Crosswise Stakeholder Token (BNB)
Ticker sCRSS
Network Binance Smart Chain (BSC)
Decimals 18
Standard BEP20
Token Contract
TBA
sCRSS Token Supply
Max Supply
The sCRSS supply is capped by the CRSS Max Supply of 50 Million
CRSS Vault
Users can convert CRSS to sCRSS in the CRSS Vault. The CRSS Vault receives a share of almost all Crosswise platform fees for a given network. When users convert their CRSS, they receive sCRSS which entitles them to a share of that pool in addition to voting rights required for governance. Your sCRSS is continuously accumulating rewards. When you redeem your CRSS, you receive your original deposit, in addition to your share of the platform fees accumulated in the meantime.
Vesting & Auto-Compound Options
Users can choose to stagger the distribution of rewards over 5 months linearly in order to earn an additional 25% CRSS and/or choose to auto-compound their LP to achieve the highest reward APR possible. Users can access global settings in their Account Area or choose to set it for each farm.
Fees
Crosswise charges competitive DEX fees that are used to fund development, grow liquidity and support the CRSS price.
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