Cashmere Labs announces Robinhood Chain on Mountain and CSM roadmap
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AT A GLANCE
Cashmere states that it will Robinhood Chain launch Mountain and CSM, and discloses supply allocation and a plan to void and redeploy the old CSM.
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Cashmere Labs Announces roadmap: will launch on Robinhood Chain launch Mountain and token CSM, with a maximum supply of 666000000 tokens
PANews October 20 reports that the "Autonomous Monetary Infrastructure" project Cashmere announced a roadmap, stating that it will launch on Robinhood Chain the Mountain product and token CSM。CSM with a maximum supply of 666000000 tokens, of which 65%will be continuously issued through Mountain, 25%will be allocated to the team and treasury with vesting periods, and 10%will be used for protocol-owned liquidity.Mountain plans to sell 1000 Founding Barns (soulbound NFT), priced from 0.125 to 1.5 ETH。Goat Street NFT may be permanently bound to Mountain to obtain a CSM issuance allocation. The CSM previously issued on Anvil will be voided, and the token will be redeployed. The team also plans an airdrop...
Cashmere announced a roadmap, stating that it will launch on Robinhood Chain the Mountain product and token CSM。
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CSM The maximum supply is 666000000 tokens.
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CSM The allocation plan is: 65%will be continuously issued through Mountain, 25%will be allocated to the team and treasury with vesting periods, and 10%will be used for protocol-owned liquidity.
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Mountain plans to sell 1000 Founding Barns, with Barns being soulbound NFT, priced from 0.125 to 1.5 ETH。
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Goat Street NFT may be permanently bound to Mountain, to obtain a CSM issuance allocation.
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The CSM previously issued on Anvil will be voided, and the token will be redeployed.
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The original text states that the team also plans an airdrop, but the relevant content was not fully displayed.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a project roadmap, not an announcement that the launch has already been completed. It explains how many CSM it plans to issue, how they will be allocated, and how Mountain Barns and Goat Street NFT may participate in the CSM issuance. The old CSM is stated to be voided and redeployed; therefore, anyone holding or exposed to the old token should monitor subsequent implementation details.
Why it matters to readers
Supply, team and treasury allocations, liquidity arrangements, and the plan to void the old token will all affect participants' assessment of the issuance and validity of CSM; Barns are priced in ETH, meaning that participation may also require payment in ETH。
Beginners should first confirm whether the CSM they are interacting with is the redeployed version, and wait for the official launch date, contract information, old-token handling method, and airdrop rules. Do not treat the roadmap as an accomplished fact.
Risks and unknowns
Mountain, Barns, and CSM specific launch or sale dates were not provided in the original text.
All arrangements are plans in the project's roadmap; the original text does not demonstrate that they have already been implemented.
How the old Anvil CSM will be voided and how the new CSM will be redeployed are not specified in the original text.
The airdrop content is incomplete because the original text was truncated, so eligibility and rules cannot be confirmed.
Related Developments
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The actual sales status of the Barns is unknown.
Goat Street NFT The specific rules for binding and CSM allocation acquisition were not specified.
Related concepts
Maximum supply
The protocol specifies that the total supply of Bitcoin may never exceed 21000000 coins in issuance.
A method of distributing digital assets free of charge to members of the public who meet conditions such as holding assets or demonstrating address activity.
