$CAGS Release Schedule

$CAGS Release Schedule

· There is no IDO as this is a fair launch cryptocurrency.

· $CAGS can be earned through providing liquidity to the liquidity pool.

· 79% of the total supply comprising of the DAO Reserve, Development, Marketing and Charities are locked initially.

· 10% of the total supply is distributed for initial liquidity.

· The remaining of 11% is reserved for the pioneer communities and early supporters.

Most of these tokens are locked and will be unlocked as the market prices of the token increases. Many blockchain projects use time-based unlocking which is potentially less secure. They may cause a less than optimal alignment between the incentives to acquire tokens/price with the need for security.

As each price milestone is passed, more tokens will be unlocked. The token locked will remain locked until the 7 days Simple Moving Average (SMA) of the $CAGS crosses the following token strike price as stated in Table.( upon request )

To mitigate this risk of rapid tranche unlocking, each time a new tranche is unlocked the SMA measure is reset to let the newly unlocked supply settle in the market.

To avoid supply shocks caused by sudden or violent volatility, only one new tranche can be unlocked at any given time.

· When the new tranche is unlocked, the pioneer community members who are still holding a big portion of tokens and actively contributed to the success of project can opt to exercise a portion or 100% of his/her locked share within 7 working days by paying the exercise price of the allocated locked token as specified in Table. ( upon request )

· The number of locked tokens entitled for each respective pioneer community member will be determined at the point of the new tranche release happens, subject to meeting the criteria set by the key representative members of the $CAGS community.