Monetary Policy
Under development
Token Supply
CRYPTOGAS Supply
Circulating supply will be always smaller than total supply. Investors will be eager to hold and the amount of tokens for operations will become more scarce pushing the prices up.
CRYPTOGAS as Unit of Account
The supply policy for CYGAS will be split in 2 different approaches. Initially there will be a Value Capture Stage where we will try to provide to CYGAS the value oe the underlying asset, a LGP cylinder. This value capture will be completed in what we call Value Capture Event.
Once the value has been captured we will enter in a new regime where this captured value will be released back to the community in the form of DeFi Services.
It is still unclear what will be this new regime after value capture. We can follow some of the approaches described on value capture section, mainly either having a fully reedemable token or a canonical unit of account. The decision would depend on how the cryptos and regulation rules evolve for the next few years. We think we do not need to make this decision at this point and the bonus at Value Capture Event is interesting enough for any investor.
Market Capitalization
Estimated:
* 20x1bn = $20bn with ratio 1 order held.
* bitcoin $418.21bn.
Token Distribution
The tokens schedule will be driven by the number of LPG orders to allow a intrinsic growth of supply:
Distribution Mechanism
Operation, project and liquidity for additional pool tokens will be minted with the growth of unique wallets making orders in the platform. Additionally, the gas consumers will be offered rewards to make their transactions directly in $CRYPTOGAS and potentially to held in their wallets to increase adoption.
The initial supply will be the pre-mined tokens. Beyond that, tokens will be distributed as new unique wallets are created.
Token Allocations
Funding Token Allocation
Funding Rounds
Liquidity Token Allocation
For exchanges
Operation Tokens Allocation
Operation tokens will be minted with the growth of unique wallets making orders in the platform
Project Tokens Allocation
Project tokens will also be minted with the growth of unique wallets making orders in the platform. The allocation of the funds will be the same that for the taxes.
Pre-mined Allocation
The following tokens have been pre-minted to launch the project:
Transaction taxes
Tax Rate
A flat rate of 3% will be applied to both, purchases and sales.
Tax Allocation
The percentage of taxes income allocated to every concept will be configurable by the team in order to manage the project
Tax Usage
Taxes will be allocated to the following concepts:
Tax Concept | Allocation | Usage |
---|---|---|
Liquidity | 40% (*) | |
Reserve | 30% (*) | |
Marketing | 18% (*) | |
Charity | 2% (*) | |
Team | 10% (*) |