One token powering the whole ecosystem
Payments, payouts, staking, POH tiers and governance, all settled in CLORE.
1,000,000,000
Max supply
Proof of Holding
Consensus
ERC-20 on Ethereum
Chain
Deflationary, burns from fees
Emission
Supply distribution
70%
Mining & staking rewards
Distributed to hosts and holders over 40 years
10%
Team
Vested linearly over 3 years from launch
12%
Ecosystem & marketing
Exchange liquidity, partnerships, community programs
8%
DAO treasury
Controlled by on-chain governance votes
Where to buy CLORE
Liquid markets on centralised exchanges
Migration to ERC-20
From our own PoW chain to an Ethereum ERC-20 token, in four steps
The PoW era
CLORE launched as a KawPow proof-of-work chain in 2022, fair launch, no premine, no ICO, mined by the community from block one.
Snapshot
At block height 2,095,201 a snapshot of every balance was taken. Holders did not need to do anything, balances were preserved 1:1.
ERC-20 contract
A fixed-supply ERC-20 contract on Ethereum was deployed and the snapshot balances were minted to the corresponding addresses.
Dual-chain swap
A trustless swap contract let users convert PoW CLORE to ERC-20 CLORE at any time. The PoW chain was then sunset.
Contract address and swap details are documented in the documentation.