CCV Era (Phase 2)
After Phase 1 sells out, Phase 2 begins — selling tokens acquired through CCV buybacks as new vesting contracts, priced at a 50% discount to the 7-day TWAP. No new tokens are ever minted.
The Perpetual Engine
During Phase 1, 50% of all revenue flows to the CCV, which uses Jupiter DCA to buy CANDI from the open market. These accumulated tokens build the reserve that backs Phase 2 operations.
Once Phase 1 completes and the CCV holds at least 10,000,000 CANDI, Phase 2 activates. From this point forward, the protocol can sell vesting contracts indefinitely — as long as there's revenue flowing into the system.
The Self-Sustaining Cycle
Phase 2 revenue → 50% to CCV → more buybacks → reserves replenished → more contracts available. The system perpetuates itself through its own activity.
Contract Details
- Pricing: 50% discount to 7-day time-weighted average price (TWAP)
- Contract Size: 5,000 CANDI per contract
- Availability: Unlimited, as long as CCV maintains minimum reserve
- Vesting: Same 5-year linear vesting as Phase 1
- Revenue Split: Same 50/40/10 (CCV/Company/Affiliate) as Phase 1
Vesting Starts at Purchase
Just like Phase 1, your 5-year vesting clock begins the moment you purchase the contract. You won't receive any previously-vested tokens — your vesting schedule is unique to your purchase date.
Why 50% Discount?
The discount makes Phase 2 contracts attractive relative to buying tokens on the open market. You're essentially getting twice the tokens for your money — but locked in 5-year vesting. This creates natural demand even after Phase 1, while the vesting period prevents immediate sell pressure.
Reserve Gating
Phase 2 automatically pauses if CCV reserves drop below 10,000,000 CANDI. This safety mechanism ensures the protocol never overextends — sales resume once reserves recover through ongoing buyback activity.