Concrete sets Sept. 30, 2026 TGE for CT governance token

Concrete sets Sept. 30, 2026 TGE for CT governance token

N
News Editor
2026-09-30 06:52:32
On-chain financial operating system Concrete said its native governance and configuration token, CT, is scheduled to hold its token generation event on Sept. 30, 2026. The token is issued by Concrete Network, Ltd., with a fixed total supply of 1 billion and no inflation mechanism. The company said its product suite spans Earn, Vaults, Enterprise, and AssetCX. It also disclosed more than $1.2 billion in deposits, over $23 billion in cumulative transaction volume, and more than 54,000 depositors. Blueprint Finance is listed as the development company. Eligible holders who lock CT will be able to take part in governance over supported strategies, collateral classification, fee frameworks, and module operations. Staking users may receive part of protocol-side fee adjustments based on their interaction with supported modules, and may qualify for rewards depending on participation and protocol rules. As the protocol expands, more pre-defined decisions are set to move into token governance. CT allocation is split across ecosystem at 35%, foundation at 15%, team at 22%, and investors at 28%. Concrete said the ecosystem portion will be used for community distribution, ecosystem participation, liquidity, and ecosystem growth, while contributor and investor allocations are subject to long-term vesting.

Concrete, an on-chain financial operating system, said its native governance and configuration token CT will hold its token generation event on Sept. 30, 2026. CT is issued by Concrete Network, Ltd. with a fixed total supply of 1 billion tokens and no inflation mechanism.

Product lines and operating figures

According to the official disclosure, Concrete’s products cover Earn, Vaults, Enterprise, and AssetCX. The project reported more than $1.2 billion in deposits, over $23 billion in cumulative transaction volume, and more than 54,000 depositors. Blueprint Finance is the development company.

Governance and staking design

Eligible holders who lock CT can participate in governance over protocol matters including supported strategies, collateral classification, fee frameworks, and how modules operate.

Users who stake CT may receive part of protocol-side fee adjustments based on their interaction with supported modules, and may also qualify for rewards depending on their level of participation and the protocol’s rules. Concrete said that as the protocol expands, more defined protocol decisions will gradually move into token governance.

Allocation and legal entities

CT is allocated 35% to the ecosystem, 15% to the foundation, 22% to the team, and 28% to investors. The ecosystem allocation is designated for community distribution, ecosystem participation, liquidity, and ecosystem growth. Contributor and investor allocations are subject to long-term vesting arrangements.

Concrete Foundation, a Cayman Islands foundation company, is responsible for coordinating protocol governance and managing the CT treasury. Its British Virgin Islands subsidiary, Concrete Network, Ltd., is the token issuer.

Chain deployment and trading

CT contracts have already been deployed on Ethereum and BNB Chain. Trading time, trading pairs, and eligibility will be determined by each platform.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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