🛢️Token Overview and Supply Details

Token Overview

The Cross token (CROSS) is the native utility token of the Cross-Chain Network, designed to facilitate and incentivize various activities within the ecosystem. Built on the Binance Smart Chain (BSC), CROSS leverages BSC's high performance, low fees, and EVM compatibility to provide an efficient and scalable token for cross-chain transactions and other network functionalities.

• Token Name: Cross Token

• Symbol: CROSS

• Blockchain: Binance Smart Chain (BSC)

• Token Standard: BEP-20

Supply Details

The total supply of CROSS tokens is capped at 30 million, ensuring scarcity and value retention over time. The distribution of CROSS tokens is carefully planned to promote the platform's growth, incentivize network participants, and ensure long-term sustainability.

• Total Supply: 30,000,000 CROSS

The token allocation is as follows:

1. Ecosystem and Development (25%)

   • Allocated to fund the ongoing development of the Cross-Chain Network, including technology upgrades, integrations, and ecosystem expansion.

   • Used to support strategic partnerships, developer grants, and other initiatives that enhance the platform's functionality and adoption.

2. Staking and Rewards (20%)

   • Reserved for incentivizing validators and users who participate in staking and contribute to network security.

   • Used for rewarding participants in various network activities, such as liquidity provision, transaction validation, and community engagement.

3. Community and Marketing (15%)

   • Dedicated to community building and marketing efforts aimed at driving user adoption and promoting the Cross-Chain Network.

   • Used for promotional campaigns, community incentives, educational programs, and other activities that increase awareness and engagement.

4. Team and Advisors (15%)

   • Allocated to the founding team and advisors who contribute to the development and strategic direction of the Cross-Chain Network.

   • Subject to a vesting schedule to ensure long-term commitment and alignment with the platform's success.

5. Liquidity Provision (20%)

   • Reserved for providing liquidity to various cross-chain pools to ensure efficient and smooth cross-chain transactions.

   • Used to support liquidity provision programs, incentivizing users to contribute to the platform's liquidity, thereby enhancing transaction speed and efficiency.

6. Reserve Fund (5%)

   • Held in reserve to address unforeseen challenges, opportunities, or expenses that may arise during the platform's growth and development.

   • Provides a financial cushion to ensure the platform's stability and resilience in various market conditions.