Whitepaper
  • Abstract
  • Inroduction
    • Background
    • Overview of CTEX Chain
    • Goals and Objectives:
    • Structure of the Whitepaper
  • Market Analysis
  • Problems Addressed
  • Solution Overview
    • Core Features
    • Technical Specifications
    • Transformative Potential
  • Ctex Network
  • Delegated Proof of Stake (DPoS)
    • EVM Compatibility
    • Consensus Mechanism
    • Transaction Execution
    • Gas Fees Calculations
  • DPoS with CTEX
  • Ecosystem
    • Exchange
    • Swap
    • Pay
    • Star
  • Mining Reward
  • Use Cases
  • Distribution
  • CCT (Governance DAO)
  • Security Measures:
  • Roadmap
  • Conclusion
  • Social Media
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Distribution

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Last updated 8 months ago

  1. Coin Distribution Model:

    • Total Supply: The total coin supply of CTEX Chain is capped at 500 billion CTEX coins.

    • Distribution Breakdown:

      • 60% allocated to the public: These Coins are distributed through various mechanisms such as initial coin offerings (ICOs), Coin sales, and airdrops to incentivize community participation and adoption.

      • 20% allocated to validators & staking: This portion is reserved for network validators who secure the blockchain through the DPoS consensus mechanism and for stakers who provide liquidity to the network and earn rewards.

      • 10% allocated to the owner: This allocation is retained by the project's founding team or development organization to fund ongoing development, marketing, and operational expenses.

      • 5% allocated to marketing and legal: These Coins are earmarked for marketing campaigns, partnerships, and legal expenses aimed at promoting and ensuring the compliance of the CTEX Chain ecosystem.

      • 5% allocated to reward & development: This portion is dedicated to rewarding contributors, developers, and community members for their contributions to the ecosystem and funding ongoing development efforts.

  1. Governance Structure:

    • Decentralized Governance: CTEX Chain employs a decentralized governance model, allowing Coin holders to participate in key decision-making processes such as protocol upgrades, parameter adjustments, and fund allocation.

    • Voting Mechanism: Coin holders can stake their CTEX Coins or delegate them to validators to participate in on-chain governance proposals. Each Coin holder's voting power is proportional to their stake in the network, incentivizing active participation and alignment of interests.

  2. Utility of the CTEX Coin:

    • Transaction Fees: CTEX Coins serve as the primary medium of exchange for paying transaction fees on the CTEX Chain platform. Users must hold a certain amount of CTEX Coins in their wallets to initiate and execute transactions, smart contracts, and other activities on the blockchain.

    • Staking Rewards: Validators and stakers earn staking rewards denominated in CTEX Coins for securing the network and validating transactions. These rewards incentivize participants to maintain the integrity and security of the blockchain.

    • Governance Rights: CTEX Coin holders have the right to participate in on-chain governance processes, including proposing and voting on protocol upgrades, parameter changes, and community initiatives. Active participation in governance can earn Coin holders additional rewards and influence the direction of the ecosystem.

    • Liquidity Provision: Users can provide liquidity to decentralized exchanges and liquidity pools by staking their CTEX Coins, earning rewards in the form of trading fees and liquidity incentives.

    • Utility Services: CTEX Coins may unlock access to premium features, services, and products within the CTEX Chain ecosystem, such as exclusive content, advanced trading tools, and platform enhancements.

In summary, CTEX Chain's tokenomics are designed to incentivize network participation, ensure decentralized governance, and promote the utility and value of the CTEX Coin within the ecosystem.