Tokenomics
Crescendo's Tokenomics Methodology
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 for current supply data.
Treasury = 225,000,000 CRSD (15%)
A tenth of supply dedicated to Crescendoβs 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 β Wallet Address β 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 β Wallet Address β 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 β Wallet Address β 32DZU6BDPWLTRP74OIMEXBWACCM4FF5SYG6UG7SNRYLQUG37IDBI25EELA
Airdrops = CRSD Balance Varies (refer to ASAStats)
Wallet dedicated to daily airdrop rewards funded by the Growth.
airdrops.crescendo.algo β Wallet Address β PK2KQ24DRV6ARH5XP5ND5D5UC6WBIWBBF6IKMIWZ5QZKL75RQHYA6M6DO4 Project Manager Wallets (for transparency)
rumi.algo β wallet addresses: rumi.algo, ruminate.algo
smoky.algo β wallet addresses: D6WJZ, 4CUH6, smoky.algo, SMOKY
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