Creditcoin (CTC)

Tokenomics & Utility

What CTC does

Mainnet CTC pays network transaction fees and supports staking. Validators receive CTC rewards for producing blocks and may share rewards with the holders who nominate them. CTC on the EVM side pays for smart-contract activity, including interactions with decentralized applications. Native CTC on the Substrate side is used for staking and its associated network actions. (docs.creditcoin.org)

Creditcoin also has an Ethereum ERC-20 asset known as G-CRE, commonly listed under the CTC ticker on centralized exchanges. It can be swapped into mainnet CTC through the project’s swap tool. A wrapped version, WCTC, supports transfers between Creditcoin and other supported networks. These forms serve different purposes, so the network and asset type matter when moving tokens. (docs.creditcoin.org)

The original ERC-20 allocation totaled 600 million tokens: 200 million for investors, 300 million for Gluwa, and 100 million for the Creditcoin Foundation, each with a stated vesting schedule. Mainnet CTC follows a different model. It is issued through network rewards and does not have the ERC-20 token’s fixed supply cap. Creditcoin’s published tokenomics also describe transaction fees being burned, meaning those tokens are removed from circulation. (creditcoin.org)