NO.2 CMT Token

The CMT token will be used to incentivize coordination and growth within the CMT DAO. The token will have two primary functions:

Staking - Community members who stake CMT will receive inflationary rewards. Inflationary rewards are intended to favour those who use the product most as well as those that contribute to the DAO. This mechanism will also offer the infrastructure needed for the DAO to become financially sustainable.

Governance - Community members that stake their CMT token will gain voting power within the protocol. At launch, voting power will be determined solely by the amount of tokens a user has staked. Ex. A user holding 172 CMT tokens would have 172 worth of voting power. The intended outcome of enabling community members to vote with their token is to decentralize the decision making process of the DAO.