> For the complete documentation index, see [llms.txt](https://docs.capella.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.capella.finance/tokenomics/token-info.md).

# 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 

{% tabs %}
{% tab title="Ethereum Mainnet" %}
TBD
{% endtab %}

{% tab title="BEP20（BSC）" %}
TBD
{% endtab %}

{% tab title="Polygon" %}
TBD
{% endtab %}
{% endtabs %}

## Token Utility

### [Incentive](broken://pages/e6BcN2cLJSAQhnZFGv9d)

* 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](broken://pages/M0PaT8l4moJFCk3wwZsl)

* 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](broken://pages/YsuBumFVTyMGOo2sSWkG)

* 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.

{% hint style="info" %}
**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.
{% endhint %}