Bitcoin ZK Rollup Project Citrea Launches Token CTR

Foresight News reports, according to The Block, the Bitcoin ZK Rollup project Citrea has launched its token CTR. The total supply of CTR is capped at 10 billion tokens, with 60% allocated to the community, including 12% distributed as initial shares during the genesis airdrop, 25.16% allocated to the treasury managed by xCTR, and 22.83% designated for ecosystem development. The remaining 40% includes 19.35% allocated to investors and 20.66% allocated to early contributors, with these tokens locked for four years and released in batches thereafter. Citrea has also introduced a dual treasury system. The Citrea governance treasury is directly controlled by xCTR holders, who will vote on liquidity incentives, councils, infrastructure providers, and payments. The independent Citrea Foundation treasury will be responsible for research and development, ecosystem grants, operations, and strategic initiatives.