Bitcoin scaling layer Citrea rolls out CTR token and dual treasury model
The Block
Bitcoin Layer 2 project Citrea has launched its CTR governance token alongside a dual treasury system to decentralize ecosystem incentives.Summary
Citrea, a ZK-powered Bitcoin Layer 2 network, has introduced the CTR governance token to enable community-led control over ecosystem incentives. The model features a vote-escrow staking mechanism where stakers receive xCTR, a non-transferable token used to vote on capital distribution and liquidity emissions. The token supply is capped at 10 billion, with 60% allocated for community use, including a Genesis Airdrop and a governed treasury. Citrea is also implementing a dual treasury system that separates community-governed initiatives from foundation-led R&D and operations, aiming to foster a decentralized, sustainable Bitcoin economy.
(Source：The Block)