Our Tokenomics
Allocation Overview
Cada has a hard-capped supply of 1 billion coins, that will slowly reduce over time as a result of
All coins minted at the Token Generation Event and allocated into the following categories:
First, an overview of the total circulating supply of Cada coins, followed by an outline of how coins will be split between Native CADA ($CDA) and CADA ($CADA) after the Token Generation Event.
Total Circulating Supply
Circulating supply measures how many coins are unlocked from the total supply over time. The number of coins released from a particular allocation category at any given time is determined by the release schedule for each allocation category, specified in the Release Schedule section of this paper.
The majority of Cada’s supply is subject to long-term lock-ups to slowly ease liquidity into the market. All supplies issued at the Token Generation Event will be unlocked after 39 months.
The chart below shows how Cada’s total circulating supply will gradually release coins into the total supply in time. The horizontal line at the top of the chart represents Cada's hard-capped supply of 1 billion coins. However, the chart ignores how The Burn will slowly reduce Cada’s total supply over time.
All charts included in this paper begin on the month of the Token Generation Event, March 2023.
In addition, the following table shows Cada’s total circulating supply at key milestones:
Exchange Tradable Supply at TGE
The exchange tradable liquidity of Cada coins will only be via Cada ($CADA) at the Token Generation Event (TGE).
Prior to launching Native Cada on exchanges in Q4 2023, Native Cada ($CDA) will be tradable peer-2-peer for BNB or any BEP-20 token via the MiniSwap MiniDapp that will be available soon.
The following pie chart demonstrates that only 9.81% (98,100,000 coins) of the Total Circulating Supply of Cada coins will be available on exchanges at TGE as $CADA:
Token Generation Event (TGE)
100% of Native Cada coins (1,000,000,000 $CDA coins) will be minted at the Token Generation Event, and 12.5% of these coins will be wrapped on the Binance Smart Chain as BEP-20 tokens (125,000,000 $CADA ), in order for Wrapped Cada to be tradable on exchanges shortly after the event.
Native Cada (700,000,000 $CDA coins) will be available to trade peer-2-peer via a MiniSwap MiniDapp and then on exchanges once the necessary middleware integration has been implemented, expected Q4 2023.
Release Schedule
Total Cada
Includes both Wrapped Cada ($CADA) and Native Cada coin ($CDA). It represents 100% of the total supply and has the following release schedules per category:
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