Centaur’s Transparency Report
(this post will be updated frequently, last updated on 14 October 2020)
In this report, we will be breaking down to our best ability the:
- Release schedule of Ecosystem and Treasury CNTR tokens
- Vesting schedule of the Team/Advisor’s CNTR token
- Vesting schedule of the Seed Investor
- Governance on the token holdings
- Private sale token vesting schedule
We have also uploaded our full vesting schedule which can be viewed here.
Circulating Supply (TGE)
- Public Sale: 83,333,333
- Private Sale: 86,250,000
- Reserves: 12,000,000
- Ecosystem Development: 22,875,000
- Total Percentage in Circulation at TGE: 3.41%
Ecosystem Development Tokens
The ecosystem tokens represent 38.13% of the total token supply of CNTR tokens.
Released monthly over 4 years, varying from 1–5% — the release schedule is determined according to the road map. A higher percentage will be released on months where a product is launched and when staking rewards are due.
Use: Oracle Rewards, Staking rewards, Network Fees, Governance
On-chain Audit Trail: https://etherscan.io/address/0x85bC51D4491F8A1046BF6a7975A3234Dcf49ac80
Founders and Advisor’s Tokens
The team and advisory’s tokens represent 15% of the total token supply of CNTR tokens.
With a 9 months cliff that is distributed quarterly over three years thereafter.
On-chain Audit Trail (Team): https://etherscan.io/address/0x84D94c877EdF38ac90A06725b71555Fb5730c152
On-chain Audit Trail (Advisor): https://etherscan.io/address/0x63d982Ec1de2215461220a11a15e6f4279aE5713
Seed Investor’s Tokens
The Seed Investor’s tokens represent 11.11% of the total token supply of CNTR tokens.
Vested over 10 years with 10% released per year at the end of each year.
On-chain Audit Trail: https://etherscan.io/address/0xB4939D2F299aAF269E65397b852B31cb3C543Cb9
Treasury
The treasury tokens represent 20% of the total token supply of CNTR tokens.
Released monthly over 4 years, with percentages varying from 1–5%
Treasury tokens will be used to fund our day-to-day operational cost, licensed acquisition, and business development needs
The locked-up tokens have no voting rights.
On-chain Audit Trail: https://etherscan.io/address/0x8BB868DdDE287B9CEA6aed8d158fdfF8FFa4b426
Private sale token vesting schedule
The private sale tokens represent 14.38% of the total token supply of CNTR tokens.
10% unlocked, with 1-year vesting (10% unlock at T+3m, 20% unlock at T+6m, and 10% monthly thereafter)
On-chain Audit Trail:
https://etherscan.io/address/0xCe9c59916e0119021A7Aca619FB0A8D738Cd398d
https://etherscan.io/address/0xBbDf7dE7b6AFB2E0E795f388EC41340f67C3Fd28
https://etherscan.io/address/0x79aA3F8B2985967208a2dDB2F187Aa67ba58C712
https://etherscan.io/address/0x182C920ab276B2A4E8D78173F2E25F46a038719e
https://etherscan.io/address/0xA5368f3820482CfF82d71De9e20b5dDabBa9e388
https://etherscan.io/address/0x777263905216B11be952163710A69281867E80bd
https://etherscan.io/address/0x1273C54Cc3A7d5320B210437906eDA3ea1AA1a36
https://etherscan.io/address/0xCbC868d86DBC861d234b27BC01ca804CB02CD4fF
https://etherscan.io/address/0xBD7Ba8510C4453E92d5DeA45CF8727F94f2E32eD
https://etherscan.io/address/0x8f86a9d260211aA9a8E61727f7B5A325990B5a2b
https://etherscan.io/address/0x6592e7121161880854ED8BbE3577812C7C60F49b
https://etherscan.io/address/0x872a22cA83C44bceF7B39DD4213D8f6DD8f84797
https://etherscan.io/address/0x89d0de4ffC0842424BABFa5377377d656F2407aB
https://etherscan.io/address/0x2EB8505831Caf8c368a8eB49535f38c4475F3813
https://etherscan.io/address/0x99a24D1DD0575507DeC8ef00BA2e4Abf06525F64
https://etherscan.io/address/0xf8d06D5E8385bc7711642615a8D0BeEa615383DC
https://etherscan.io/address/0xdc813F217D2a46830F5aE503FC7953860B96954a
https://etherscan.io/address/0x9D877Cc6E8E32029b31FD6EEe1Aa337548C20188
https://etherscan.io/address/0xC2846E9387c985dc44548705da53A59cA424eEE9
https://etherscan.io/address/0xf39A16C5805483758C211FF83Df854FDD17Ca732
https://etherscan.io/address/0xB0D7547A914D984B7e615A504Bd90Ffbf19D3DbF
https://etherscan.io/address/0x526C6cD56A19A1dc01b703C9423685abdc9d8623
https://etherscan.io/address/0xabF56234a7084f37FCe0689E6c01ea639911841F
https://etherscan.io/address/0xd2bEAd21C0F175C386c203C972B82fc8DD42B839
https://etherscan.io/address/0x96e6e56C0B3121Dca543B11f82B6259821b62D1C
https://etherscan.io/address/0x66B915D91bEbdfF07d4f15980Ec9c2d487c12923
https://etherscan.io/address/0x210473E4c6bdFbf612D7289097891c93E976ce1E
Others
Governance in the company is ensured through by a few means such as:
- On-chain audit trail that is observed by the public
- Annual company audit held by the Accounting and Corporate Regulatory Authority of Singapore
- Yearly reports to seed and private investors
A significant portion of the tokens are held within the organisation to realise the full scope of the project. Centaur is a platform carved for the specific use case of semi-decentralised finance, several parts of the solution need to be developed in-house and natively built onto the Centaur chain — as current market solutions do not meet the specifications required.
The idea of Centaur is noble — we are not trying to create a new framework, but instead spearhead the consolidation of a highly segmented market using cross-chain transactions. We believe in finding calm in the chaos and have certainly laid out a path to guide us all to a place where regulations meet DeFi.
We hope that you come along with us on this journey!
Sincerely,
Team Centaur