Cashmere Labs unveils roadmap: to launch Mountain and CSM token on Robinhood Chain, with a maximum supply of 666 million
On October 20, Cashmere, a "sovereign money infrastructure" project, has unveiled its roadmap, saying it will launch the Mountain product and the CSM token on Robinhood Chain. CSM has a maximum supply of 666 million tokens, of which 65% will be continuously issued through Mountain, 25% will go to the team and treasury with a vesting period, and 10% will be used for protocol-owned liquidity. Mountain plans to sell 1,000 founding Barns (soulbound NFTs) at prices ranging from 0.125 to 1.5 ETH. Goat Street NFTs can be permanently bound to Mountain to receive a share of CSM issuance. CSM previously issued on Anvil will be voided, and the token will be redeployed. The team also plans an airdrop, and wallets that list Goat Street NFTs for sale on OpenSea will be excluded.