002 - Initial Tokenomics

Proposal Summary: Contrax should have a token called the TRAX token, an ERC-20 governance token on Arbitrum One that is non-transferrable initially. Upon reaching a larger scale DAO-ready state as determined by the DAO, the token can become transferable in a one-time upgrade.

Details: The Contrax should be an ERC-20 token on Arbitrum, the chain of our current farming infrastructure, but will be expandable to other chains along with our platform using a layer 0 protocol. The token will have the following properties:

Name: Trax Ticker: TRAX Total Supply: 800 million fixed Usage: Governance of the Contrax DAO

Governance is being proposed as the usage during the non-transferable period, this does not mean it is the last or only usage of the token. Tokenomics can be expanded in later proposals, including lock-up periods and further breakdown of how the tokens will be allocated.