CTR Citrea Rank #1001 $0.0075 ▼ 9.09%

The CTR token functions as the governance token of Concentrator, a protocol operating within the broader Ethereum and Curve ecosystems. Its design mirrors Curve's vote-escrow model, allowing holders to lock their tokens for up to four years to receive veCTR. The voting power of veCTR depends on both the quantity locked and the remaining duration of the lock position. Holders of veCTR gain governance authority over the protocol, including the ability to direct the allocation of half of all revenues generated by Concentrator. Depending on the outcome of community votes, veCTR holders are positioned to receive the majority of that revenue distribution. The token's supply is capped at 5,000,000, with the entire amount scheduled to be emitted by the close of the initial farm offering. Half of the supply was distributed to IFO participants, and the project allocated no tokens to team members or investors, with no vesting schedules or involuntary lockups applied. Locking functionality to convert CTR into veCTR was made available shortly after the IFO concluded, enabling holders to begin participating in governance and revenue-sharing activities.