Bitcoin Layer 2 Citrea Rolls Out CTR Governance Token With 10B Supply, 60% for Community

According to The Block, Bitcoin Layer 2 Citrea has launched CTR, a governance token capped at 10 billion, with 60% allocated to the community through direct transfers, incentive programs, and a treasury system. This includes 12% for a Genesis Airdrop, 25.16% for a vote-escrow-governed treasury, and 22.83% for ecosystem growth. The remaining 40% is split between investors (19.35%) and early contributors (20.66%), both subject to a four-year lock-up with a one-year cliff.

Citrea Foundation Director Orkun Kilic told The Block that CTR will enable users and apps to govern capital and incentive distribution through a dual treasury model and vote-escrow staking mechanism. xCTR holders will vote on liquidity incentives and applications, while the separate Citrea Foundation Treasury handles R&D and operations. A gauge system allows stakers to vote on pools that incentivize application development.