# Tokenomics

### Total Token Supply = 1,500,000,000 CRSD

**Initial Airdrop = 225,000,000 CRSD *****(15%)***\
On 11/21/21, Crescendo was created and airdropped through reddit by Crescendo's original creator.

#### Circulating Supply = 734,550,000 CRSD *(48.97% as of 3/18/24)*

This is the estimated circulating supply of Crescendo tokens. Visit [vestige.fi](https://vestige.fi/asset/435335235) for current supply data.

#### Treasury = 225,000,000 CRSD *(15%)*

A tenth of supply dedicated to Crescendo’s long-term sustainability. The treasury wallet serves as the method to accumulate token assets, and fortify Crescendo's staying power. Supply will not be utilized until the **Growth** allocation is depleted.

[treasury.crescendo.algo](https://algo.xyz/treasury.crescendo) – Wallet Address – N722TKF5T4WNCAFSZC7MPR3HKXQRW2O4AYRBB3ZTSN5PJB4HXDXPAWJMOE

#### Growth = 250,000,000 CRSD *(16.67% as of 3/1/24)*

Supply dedicated to token airdrop rewards, liquidity, and growth opportunities over the next 5-7 years (40m-56m CRSD/year). It is the medium-term runway, to long-term sustainability for Crescendo.

[growth.crescendo.algo](https://algo.xyz/growth.crescendo) – Wallet Address – ZUX4MGL36NXXCJBYTCLQMZD3QPBMNHUJRR3NQ2ZJGIVJL7FTCNQZ3K6OCA

#### Liquidity = \~225,000,000 CRSD *(\~15%)*

Crescendo's token liquidity is primarily paired with Algo and USDC. Additional liquidity pairings are added over time, through partnerships and assets collected. 

[liquidity.crescendo.algo](https://algo.xyz/liquidity.crescendo) – Wallet Address – 32DZU6BDPWLTRP74OIMEXBWACCM4FF5SYG6UG7SNRYLQUG37IDBI25EELA

**Airdrops = CRSD Balance Varies *****(refer to*** [***ASAStats***](https://www.asastats.com/PK2KQ24DRV6ARH5XP5ND5D5UC6WBIWBBF6IKMIWZ5QZKL75RQHYA6M6DO4)***)***

Wallet dedicated to daily airdrop rewards funded by the **Growth**.

[airdrops.crescendo.algo](https://www.asastats.com/PK2KQ24DRV6ARH5XP5ND5D5UC6WBIWBBF6IKMIWZ5QZKL75RQHYA6M6DO4) – Wallet Address – PK2KQ24DRV6ARH5XP5ND5D5UC6WBIWBBF6IKMIWZ5QZKL75RQHYA6M6DO4\
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**Project Manager Wallets *****(for transparency)***

rumi.algo – wallet addresses: [rumi.algo](https://www.asastats.com/RUMIVQIUTCPW3GWDGQANKLA3SLOSBJUOU5XW7S6U27EI3HFXIXAEYP65SU), [ruminate.algo](https://www.asastats.com/W2OUAD7377WJIOY4O3ZHI3C6FKHTWGCMIO3VV6VA7YMAMNAWE4PJRQSKK4)

smoky.algo – wallet addresses: [D6WJZ](https://www.asastats.com/D6WJZADUXE4AUEVVGZAZ45Y3VVQD5GTX73XA6FDX3ARROIX4IPVAWNIJFY), [4CUH6](https://www.asastats.com/4CUH6OD4ONJGSGY2D5RBDDMP2VV5KJ73WQKDRTJJ6XU4A5T6IHVG74OXTE), [smoky.algo](https://www.asastats.com/SPJKMZRP4LGYMN6DMFL7VVJ3MEJDQNPIMMEMAFRWW2KPFMWKVU5AHEEWFI), [SMOKY](https://www.asastats.com/SMOKYGJ3HVPE67NG7MJMFIXMF2SCOZAN4XIY74EW7EUWK33NGDTATMPU44)