CTRCitrea (CTR) Price

1.Project introduction

Citrea is a Bitcoin application layer that uses zero-knowledge technology to expand Bitcoin blockspace into a fully EVM-compatible environment for Bitcoin applications. It uses Bitcoin as both a data availability and settlement layer, relies on validity proofs and on-chain data availability to verify state transitions, and includes Clementine, a BitVM-based trust-minimized bridge for BTC and cBTC.

2.Token application and distribution

Token application

CTR is the coordination token of the Citrea Network. Its core function is to enable the community to coordinate and manage the distribution of capital in the Bitcoin economy through governance.

Token distribution

Initial Claims 12%

Incentives and Treasury 25.16%

Ecosystem Growth and R&D 22.83%

Investors 19.35%

Early Contributors 20.66%