Cashmere Labs, a "sovereign money infrastructure" project, has unveiled its roadmap to launch the Mountain product and CSM token on Robinhood Chain. The CSM token features a maximum supply of 666 million, with 65% allocated for continuous issuance through Mountain, 25% reserved for the team and treasury under vesting schedules, and 10% designated 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. Previously issued CSM tokens on Anvil will be voided and redeployed. The team also announced an upcoming airdrop, though wallets listing Goat Street NFTs for sale on OpenSea will be excluded from eligibility.
Cashmere Labs Plans CSM Token Launch on Robinhood Chain With 666 Million Supply Cap
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