Tokenomics
Last updated
Last updated
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.
