CLY Roadmap
H2 2024: Build Phase
Build the core functionality of the smart contracts and UX Studies.
Q1 2025
Start Building Community
Gather feedback and release enhancments for all usecases.
Q2 2025: Community Round
LBP token sale
2-Day Community LBP Release for 20% of token total supply.
H2 2025: Mainnet Launch
First Governance Event on Mainnet (GA)
DeFi goes live and kick off the first governance event!
Why CLYs?
CLY tokens play a crucial role in shaping the Clynto protocol through governance. By holding CLY tokens, you gain the power to vote on key aspects that directly impact the platform’s financial ecosystem. This includes setting LTV risk levels for low, medium, and high-risk loans, and defining the maximum allowable interest rates for each risk category. Beyond that, CLY token holders influence critical factors like the minimum duration required for investment liquidation, the early liquidation notice periods for loans, and ultimately, the Liquidation Point that determines when collateral is liquidated across the entire protocol. Through governance, CLY holders ensure that the platform remains fair, transparent, and driven by the community’s collective decisions.
CLY LBP Token Sale
Clynto token (CLY) fuels the Clynto DeFi platform, driving staking, governance, collateralization, and fee cuts. Dive into the refreshed CLY tokenomics, detailing total supply, distribution tactics, and allocations for rewards and growth.
CLY Tokenomics
Basics
- Total Supply: 100,000,000 CLY tokens
- Initial Circulating Supply: 20,000,000 CLY tokens (20% of total supply)
- Supported Networks: Solana and Ethereum (Base)
- Public Sale Method: Liquidity Bootstrapping Pool (LBP)
Token Distribution
The CLY token distribution strategy is designed to promote long-term engagement and ensure alignment of incentives for all participants in the ecosystem. Below is the updated breakdown of the total supply of 100 million CLY tokens:
| Category | Percentage (%) | Amount (CLY) | Vesting Period (Years) | Minting Schedule | Notes |
|---|---|---|---|---|---|
| Investors (Private Sale) | 15% | 15,000,000 | 2 | Vested over 2 years | Attract early funding, align long-term goals |
| Public Sale (LBP) | 20% | 20,000,000 | 0 | Fully available at TGE | Enable fair community access via LBP |
| Community Treasury | 40% | 40,000,000 | 0 | Gradual minting | Fund development, marketing, grants |
| Governance Rewards | 10% | 10,000,000 | 0 | Activity-based | Incentivize governance participation |
| Team | 15% | 15,000,000 | 4 | Vested over 4 years with cliff | Retain and motivate core team |
4. Detailed Allocation Breakdown
4.1 Investors (Private Sale): 15% (15,000,000 CLY)
This allocation attracts early funding and aligns long-term goals with investors. These tokens are vested over 2 years to ensure commitment to the platform’s success.
4.2 Public Sale (LBP): 20% (20,000,000 CLY)
Reserved for the public via Liquidity Bootstrapping Pool (LBP), these tokens enable fair community access and are fully available at the Token Generation Event (TGE).
4.3 Community Treasury: 40% (40,000,000 CLY)
Allocated to fund development, marketing, and grants, this portion is gradually minted to support ongoing ecosystem growth and community initiatives without vesting.
4.4 Governance Rewards: 10% (10,000,000 CLY)
Designed to incentivize governance participation, these tokens are distributed based on activity, with no vesting period, rewarding active community involvement.
4.5 Team: 15% (15,000,000 CLY)
Reserved for team members and advisors, this allocation is vested over 4 years with a cliff to retain and motivate the core team for the platform’s long-term success.