Token info
CAPE - Capella Finance Governance Token
Cape is Capella Protocol’s governance token. It is deployed on Polygon blockchain and can be circulated through cross-chain bridges. The total supply is 1,000,000,000.
Contract Address
TBD
Token Utility
Incentive
CAPE stakers receive 100% of the platform's commission on a daily basis；
After staking 5000 CAPE you join our 3 Lvl affiliate and bonus program；
Every quarter, we will 5 % of our profits to buy back CAPE and burn them, until we buy 50% of all CAPE (500MM) back. All buy-back transactions will be announced on the blockchain. We eventually will destroy 500MM CAPE, leaving 500MM CAPE remaining.
Monthly we will 5% of our profits use for promotion after community voting
Lockdrop rewards for early Vaults users.
In the future, Capella Finance will build a decentralized exchange, where CAPE will be used as one of the key base assets as well as gas to be spent.
Governance
For voting on renewal/upgrade/suspension/initiation of proposals；
For staking to obtain additional voting rights/weights；
Used to cover certain losses in lieu of risk.
Treasury
For determining the use of the treasury's funds；
For Promotions；
For burning.
Token Allocation
Total token supply: 1,000,000,000 CAPE：
5% Seed Round;
5% Strategic Round;
10% VC Partnerships;
10% Private Round 1;
2,25% Private Round 2;
7% Public Round / IDO；
20% Governance Treasury；
10% to Team；
10% to External Development Team;
6,75% Community Incentives;
4% to Advisors；
10% Liquidity Pool.
Governance Treasury: CAPE tokens are locked and will receive rewards in LP tokens that will be used for a) Team Development (50%) b) Buy back and burn (25%) c) Marketing (25%)
CAPE holders decide all future distribution changes with our voting system.
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