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Cashmere Labs Plans CSM Launch on Robinhood Chain Through Mountain

Cashmere Labs Plans CSM Launch on Robinhood Chain Through Mountain

Photo: TokenPost

Cashmere Labs plans to launch its Mountain product and CSM token on Robinhood Chain, with most of the planned token allocation designated for ongoing issuance through Mountain. The allocation assigns 65% of CSM to Mountain issuance. Another 25% is reserved for the team and treasury under a vesting schedule, while 10% is designated for liquidity owned by the protocol. CSM tokens previously issued on Anvil are set to be voided, with a new deployment planned. The proposal would add Mountain to the products planned for Robinhood Chain.

Source: TokenPost

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