Last updated
Last updated
$CMJ is the legacy utility token of CommuDAO JIBCHAIN, with a max supply of 1,000,000 tokens.
Token contract (JIBCHAIN):
12% Reserved (Founder Team) fund: were gradually unlocked through a vesting schedule to serve as initial revenue for founder team. The vesting was fully completed in October 2024.
18% Project fund: allocated for purposes related to project development.
20% Ecosystem fund: allocated to ecosystem and marketing-related purposes, with the primary goal of fostering sustainability and promoting the ecosystem and protocol.
25.3% Initial airdrop: allocated to pioneer users, specifically $CMM holders from the Bitkub Chain who participated in MVP version of protocol. The airdrop was fully completed in Q1 2023.
24.7% User incentives: allocated to reward community members who actively participate in the ecosystem’s development during the first two years of the protocol. The airdrop will be fully completed in Q1 2025.
The utility of $CMJ on JIBCHAIN includes:
• Used as the primary token for transaction fees in the LABS, DUNGEON, and COMMUNITY functions.
• Exchanged for other tokens within the CommuDAO ecosystem in the MALL function, including providing LP for yield farming in the GameSwap function.
• Used for trading NFTs through the MARKETPLACE function.
• One-way bridge to , the main governance and utility token on the OP Superchain.
