CDO.Finance
  • CDO.Finance
  • CDO Protocol
    • Our Proposition
    • Primer on CDOs
    • Strategies
    • Roadmap
  • CODEX Token
    • Token Distribution
    • Fair Launch Distribution
    • Pool Allocation Ratios
  • User Guide
    • Liquidity Pools
      • Withdrawing Assets
      • Depositing Assets
    • Tranche Pools
      • Detailed Guide
      • Depositing into Junior Tranche (Buying Junior Tokens)
      • Withdrawing from Junior Tranche (Selling Junior Tokens)
      • Buying Senior Bonds
      • Transferring Senior Bonds
      • Redeeming Senior Bonds
    • Staking for CODEX rewards
      • Staking CDO_vBNB / CDO_vBUSD / CDO_vBTCB / CDO_vETH
      • Staking PancakeSwap v2 LP Tokens
    • Custom Tokens on Metamask
    • ❗️PancakeSwap LP Token Migration (Action Required)
  • Socials
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  1. CODEX Token

Token Distribution

CODEX Fair Launch Sequence

PreviousRoadmapNextFair Launch Distribution

Last updated 3 years ago

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In the same fashion as fellow fair launch projects with limited initial resources, CODEX tokens will be rewarded to incentivise network participants that assist in bootstrapping and kickstarting our ecosystem.

Utility of CODEX tokens CODEX will be used for future governance voting purposes in future phases of the project.

CODEX will also capture the economic gains of the system where fees generated from risk tranching activities will be stored in a treasury wallet for token buybacks will be performed in the future. Community consensus will also be sought to decide on future changes in the utility of the token. CDO Token Information

Token Ticker: CODEX

Token total supply: 18 million tokens

Token Distribution:

Fair Launch Distribution (For users that participate in the pools in platform) : 80%, 14.4 million

Development Fund: 15%, 2.7 million

Warchest (tokens to be minted as required, no lock-in period): 5%, 0.9 million