Tokenomics

Tokenomics

Transparency is what makes Cracker stand out.

With the rise to the frequent or subsequent questions about CKF token distribution and for the sake of total transparency to our community members, we would like to give a detailed key fact concerning the CKF and CKFATv2 token distribution.

Without wasting much time here are the statistics:

Total Supply: 1,000,000 CKF
Total supply: 1,000,000,000,000,000 CKFATv2

Note that CKFATv2 is the airdrop token which could be earned or given to members of the cracker community during presale, competitions or any form of event, while CFK would only be released when the farming is launched.

CKF (Cracker Finance Token)

Tokenomics

Name: Crackers Finance

 

Ticker: CKF

Contract Address: 0x5c4016371893815fc3d3093295c9a7f91b94f700

Total Supply: 10,000,000

Distribution

-60% of total supply, or 6,000,000 goes to Farming

-40% of total supply or 4,000,000 goes to Crunch Pool

Name: Crackers Finance Airdrop Token

 

Ticker: CKFATv2

Contract Address: 0xEb556e3B799E3AC69Ea03f25561559229cF7457c

Total Supply: 1,000,000,000,000,000 CKFATv2

50% burnt at launch reducing the supply

Distribution

Private Distribution:

– 9% of total supply, or 45,000,000,000,000 CKFATv2

Team & Advisors:

-5% of total supply, or 25,000,000,000,000 CKFATv2
– Locked up for 6 months
– All team tokens would be released every last day of the new month, distribution would be done on a 2 months interval.

– 10% of the allocated team token would be released to assigned team members from their personal vault.

– Rewards are given to only active members and can be forfeited if some terms and conditions are not met.

Staking Rewards:

10% of total supply, or 50,000,000,000,000 CKFATv2

Reserves:

– 75% of total supply, or 375,000,000,000,000 CKFATv2

– Reserve tokens are meant to provide the Cracker Finance an alternate source of funding should it be required in the future.

– Reserve tokens would be open for use but prior to this voting from the community would be required.

50% of the CKFATv2 tokens on the reserved bucket would be burnt on intervals

Airdrop:
– 1% of the total supply, or 5,000,000,000,000 CKFATv2
– This would be used to rewards community members within the cracker ecosystem.
– Tokens allocated would be distributed in batches all to be decided by the community

Promotion:

2% of total supply, 10,000,000,000,000 CKFATv2

– Promotion allocation are meant to be used to fund Cracker Finance improvement and development initiatives.

– The Promotion allocation would also go to the community during AMA’s, and subsequent promotions. All would be stated in the announcement channels for transparency

Both CKFATv2 and CKF are native tokens of Cracker Finance consider CKFATv2 is the community token of Cracker