Tokenomics

Token Details

Collective DAO operates using the $CLXV token, a utility token on the Ethereum Mainnet that underpins the entire ecosystem. Here are the key details about the $CLXV token:

Token Name: Collective DAO

Ticker: CLXV

Total Supply: 1,000,000 tokens

Chain: Ethereum Mainnet (ETH)

Contract Address: TBA (To Be Announced)

Token Allocation:

The $CLXV token supply is distributed in a way that supports the long-term growth and sustainability of the DAO. The exact distribution breakdown will be detailed in the official tokenomics section, ensuring transparency and fairness.

Utility:

  • Governance: $CLXV tokens give holders voting power in the DAO’s governance processes. Holders of at least 0.1% of the total supply (1,000 CLXV tokens) can vote on proposals, helping shape the future direction of Collective DAO.

  • Revenue Sharing: Members holding more than 1% of the total supply (10,000 CLXV tokens) are eligible to participate in the DAO’s revenue-sharing programs. This includes profits from DAO-led projects and transaction taxes collected from those projects.

  • Airdrops: Active participants and significant token holders may receive airdrops of $CLXV tokens or tokens from new projects launched by the DAO. These airdrops reward engagement and loyalty within the community.

  • Exclusive Access: Certain tools, insights, and opportunities within the DAO are only accessible to $CLXV token holders, especially those holding a significant amount of the token.

These token details ensure that $CLXV plays a central role in the governance, operations, and rewards system of Collective DAO. Holders of $CLXV tokens are integral to the success and direction of the DAO, benefiting directly from the growth and achievements of the community.

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