πŸ“Crossed Fingers Tokens

1: CFingers is an algorithmic stablecoin that is pegged 1-1 with USDC, the protocol's algorithm creates stability and price balance in the long run

(CFingers adopts algorithm to pegs so won't be able to hold 1:1 all the time like other fiat-backed stablecoins)

2: CFShare is the main token used in staking activities and the token earned through it

CFSHARE has a maximum total supply of 20,000 tokens distributed as follows:

  • DAO Allocation: 3750 CFSHARE vested linearly 150 days

  • Team Allocation: 1250 CFSHARE vested linearly over 150 days

  • Rewards: 15000 CFSHARE are allocated for incentivizing Liquidity Providers for 180 days

  • Initial mint: 100 CFSHARE minted upon contract creation for initial pool

3: CFBond is the token used as a backup of CFingers when the CFingers:USDC pegs exceeds 1.01 or drops. CFBond will be used to compensate or earn back for investors during these times

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