Role of the token

$CIT is the native token of City Protocol

Token overview

$CIT is the native token of City Protocol. $CIT launches on Ethereum mainnet. The full supply of 10,000,000,000 $CIT was minted once on the canonical Ethereum mainnet contract before TGE, and the token will be bridged to Arbitrum, Base and BNB Smart Chain ahead of listing; bridging moves existing tokens between networks while the combined supply stays fixed.

Item	Detail
Name and ticker	City Protocol, $CIT
Token standard	ERC-20, 18 decimals
Total supply	10,000,000,000 $CIT, minted in full before TGE
Unlocked at TGE	1,793,365,000 $CIT, 17.9% of the supply
Canonical contract	0xfdb0f0962c3db4664a5eade96999c7d4f0f53d89
Bridged networks	Arbitrum One, Base and BNB Smart Chain, bridged ahead of listing

The bridged and bridge contract addresses are published through City Protocol's official channels before listing, and only those published addresses are official.

Where the token sits

City Protocol's products run on stablecoins and their own underlying assets: a Curated Vault participant holds Receipt Tokens, and an OTP participant holds the constituents directly. $CIT sits one level above, at the protocol that issues, operates and distributes the products, and connects to them through governance, a discount on Venzo interface fees, service payments and ecosystem incentives. Every Curated Vault and OTP accepts eligible participants on the same terms whether or not they hold $CIT.

$CIT sits at the protocol level. Products run on stablecoins and their own assets, and the token connects to them through governance, the interface fee discount, service payments and ecosystem incentives.

Topics

• Allocation: how the 10,000,000,000 $CIT supply is allocated and when each allocation unlocks.

• Token utility: what $CIT is used for, and what it does not provide.