Tokenomics

CUSD Stablecoin

Issuance Mechanism: CUSD is a stablecoin issued by users who collateralize ckETH or ckBTC, with its issuance directly tied to the value of the collateral provided by users. Users can obtain CUSD by depositing a certain amount of ckETH or ckBTC based on the collateralization ratio.

Zero-Interest Lending: CLP adopts a zero-interest lending policy, where users borrowing CUSD do not need to pay high-interest rates, only a one-time fee. This feature enables users to access borrowing services more easily and economically.

CLPT Token

Total Supply: The total supply of CLPT is 1 billion tokens, with 20% allocated to investment institutions, 10% to the product technical team, 10% for marketing promotion, and the remaining 60% gradually released to the community through mining rewards.

Mining Rewards: Users have the opportunity to earn CLPT mining rewards by participating in operations such as deposits, loans, liquidations, and providing liquidity to the liquidation pool. Mining is a way for the platform to encourage user engagement in community building and share in the platform's success.

Governance Rights: CLPT is the governance token of the CLP platform, granting holders the right to participate in platform governance decisions, including voting for or against proposals, participating in parameter adjustments, enabling users to participate more deeply in the platform's future development.

Community Incentives: A portion of CLPT tokens is allocated for incentivizing community development, rewarding users who propose innovative suggestions and actively participate in discussions, fostering the healthy development of the community.