Tokenomics
CLORE Tokenomics - Ethereum (ERC-20)
Migration complete. CLORE successfully migrated from the legacy PoW chain to Ethereum (ERC-20) in December 2025. The claim window closed in February 2026. All marketplace operations now run on ERC-20 CLORE.
About the migration
CLORE was migrated from the legacy PoW chain to a new CLORE token on Ethereum mainnet (ERC-20). The migration was 1:1: every CLORE held on the PoW network at the time of the snapshot was eligible to be redeemed for exactly 1 CLORE (ERC-20).
Why we stopped PoS and chose an ERC-20 migration
The biggest structural issue with PoW for CLORE is constant sell pressure from miners. Mining rewards are regularly sold to cover electricity and operating costs, which creates a built-in, ongoing headwind that is difficult to outgrow.
We spent over 1.5 years working toward PoS. We tested, iterated, and invested significant effort because we believed PoS could be the "next stage" of the Clore chain. This decision was not easy - we truly tried. But as the work progressed, it became clear that finishing PoS properly would require at least another full year of focused, full-team development, which would significantly distract us from other critical work across the project.
And even if we committed that time, PoS would still not solve our core objective. PoS does not remove sell pressure - it shifts it. Our main motivation for leaving PoW is reducing structural sell pressure. With PoS, sell pressure still exists: it comes from stakers harvesting yield rather than miners selling emissions.
After deep internal evaluation, we decided to pause the PoS transition and proceed with an ERC-20 migration for these reasons:
Maintaining a custom wallet stack adds significant complexity.
Exchange integrations are slower and more difficult.
Infrastructure overhead is higher.
Composability with the broader crypto ecosystem is lower.
The ERC-20 path gives us a cleaner foundation to build a healthier long-term model around real product usage.
Key benefits of ERC-20 CLORE
Broad wallet support: MetaMask, Trust Wallet, Ledger, Trezor, and any standard ERC-20 wallet.
DEX liquidity: Uniswap and other DEXs available.
Team allocation reduced: 10% → 4%, with a 5-year vesting schedule.
Faster integrations + new listings: exchanges and custodians support ERC-20 flows, enabling quicker rollouts and more exchange listings.
Fast deposits: deposit confirmations on the Clore marketplace and exchanges take under 3 minutes.
No miners: miner sell pressure removed, cleaner long-term supply dynamic.
Reduced supply: supply hard-capped at 1B with burn mechanics applied at migration.
Better ecosystem tooling: explorers, analytics, custody solutions, treasury operations, and DeFi infrastructure.
Bigger reach + stronger tech foundation: easier onboarding for a wider audience and more flexibility for future product + DeFi integrations.
Cross-chain expansion (planned): bridges to BSC / Polygon / Solana and other networks (use official bridges only).
More openness & decentralization: ERC-20 standards make CLORE easier to integrate, verify, and use across the broader crypto ecosystem.
Migration timeline (completed)
Migration announced
16 Dec 2025
✅ Done
Legacy deposits/withdrawals closed
20 Dec 2025
✅ Done
Snapshot taken
21 Dec 2025, 00:00 UTC
✅ Done
ERC-20 deposits/withdrawals resumed
22 Dec 2025
✅ Done
Claim window opened
21 Dec 2025
✅ Done
Claim window closed
Feb 2026
✅ Closed
Current state:
The PoW chain is permanently unsupported — no deposits, withdrawals, or operational support.
All exchanges and clore.ai operate exclusively on the ERC-20 network.
The claim portal is closed. Unclaimed legacy CLORE is permanently unrecoverable.
Supply parameters (final supply: 1.0B)
L1 holder claim pool (Main multisig): 630,000,000 CLORE Reserved for 1:1 conversion of legacy PoW holders. The claim window closed in February 2026.
Marketplace Rewards Vesting: 143,000,000 CLORE Rewards pool for PoH + marketplace incentives.
Team Vesting: 40,000,000 CLORE Vesting: 5 years Cliff: 6 months
Marketing Vesting: 87,000,000 CLORE Vesting: 2 years
Treasury Safe: 25,000,000 CLORE
POL (Protocol-Owned Liquidity) Wallet: 25,000,000 CLORE
Ecosystem Wallet: 25,000,000 CLORE
Growth Wallet: 25,000,000 CLORE
Fully diluted supply is hard-capped at 1.0B CLORE and cannot increase.
Token contract
CLORE (ERC-20) on Ethereum mainnet: 0xe60201989b8628f43dc0605f585a72bcf1f1e977
Vesting contracts (Ethereum mainnet)
Team Vesting (5 years, 6-month cliff): 0xAA2d16f6134B7f0D861785B2785C90f6E9914f24
Marketing (2 years vesting): 0xd903325a3f9def246629ab1c92ba42fa7c90d14f
Marketplace Rewards (2 years vesting): 0xc4c910324a2e95a975d22394c0277b290c68cbb0
Multisigs and wallets (Ethereum mainnet)
Main multisig (L1 holder claim pool): 0x7E12737906b92944227f5867B6141290Ea9C775a
Treasury Safe: 0x80eB6B2d648dF461F828af6d66Acee0dCDfcf9E6
Liquidity / POL multisig: 0x5151eb844f9f79611be28dda4220debe44617314
Ecosystem multisig: 0xFe79D578C02A98bd8AE272d6826eEA2092049538
Growth multisig: 0xafdD92B6130c4B13366EFc878fA6B7E4E1D415C5
Team wallet: 0x6195C21Effa5f0a3C7f542616858c2C01C34077b
Marketing wallet: 0xb2362cf645a494145881855a21b82b5b3f27a7dc
Marketplace wallet / rewards operator: 0x7A235C00841639868322eE478b605dD70BD37b97
Marketplace rewards (PoH + marketplace)
Rewards for PoH and marketplace activity are funded from a dedicated rewards pool.
Initial daily emission: 164,000 CLORE/day (82,000 PoH + 82,000 marketplace)
Decay schedule: -30% per year implemented via a monthly factor r = 0.7^(1/12)
Token utility
CLORE is the core payment and incentive asset in the Clore ecosystem:
Payments on the GPU marketplace CLORE is used as the payment token for renting GPUs and related services on clore.ai.
Payments for Clore VPN (where available) CLORE is used as the payment token for accessing Clore VPN.
PoH & marketplace rewards / fee tiers CLORE is used in our Proof-of-Holding and marketplace reward system (fee reductions and rewards for active participants).
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