The asset that powers conviction on CEFX.
Researchers use it to publish, faders use it to challenge, and scouts use it to back talent. VOUCH sits at the center of the network's most valuable behaviors, making demand native to the product itself.
Three Native Demand Loops
01
Every call begins with a researcher staking VOUCH behind a view. Calls are permanent — winning and losing records both stay on-chain, so the track record is real.
02
Faders lock the same asset to challenge weak theses, so liquidity and disagreement deepen around one shared inventory.
03
Scouts stake VOUCH on researchers to earn weekly emissions scaled by tier — up to 3x for top performers. Principal stays yours; only the yield compounds.
Total supply
21,000,000 VOUCH
Hard-capped at launch
Weekly emission
25,200 VOUCH
Distributed to scouts each week
Halving cycle
Cycle 1
Emission rate halves every 208 weeks
Next distribution
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Weekly scout payout countdown
Network State
Hard-capped supply, weekly emissions, a visible halving schedule, and fee flow that reinforces the reward engine.
Distribution week
—
The active weekly reward cycle on the network.
Starting emission
25,200 VOUCH
The initial weekly scout distribution before the first halving.
Scout rewards (first 4 years)
5,241,600 VOUCH
Total VOUCH available to earn by backing top researchers in the first cycle.
Fee recycling
0.5% to emissions
0.5% of each resolved and unfilled call feeds back into emissions.
Token Design
Total supply
21,000,000 VOUCH hard cap
Simple enough to underwrite, durable enough to scale.
Scout rewards before first halving
25,200 × 208 weeks = 5,241,600 VOUCH
Enough to make scouting worth it from day one.
Resolved-call fees
2.0% resolved-call fee (1.5% treasury + 0.5% emissions)
Usage strengthens both operations and the reward engine.
Inactive-call recycling
0.5% routes back into emissions; self-cancel has a 1 VOUCH minimum
Even unwound activity feeds the system that attracts future participation.
Ground Truth
VouchToken contract.Distribution
Half of supply is reserved for the scout reward engine. The rest is split across team, treasury, ecosystem, and early aligned ownership so the network can expand without losing clarity.
Mining reserve
50%
10.5M VOUCH
Anchors the long-range scout reward engine.
Team vesting
20%
4.2M VOUCH
Locked into a 2-year vesting stream aligned with execution.
Treasury
10%
2.1M VOUCH
Gives the protocol operating flexibility and strategic reserve.
Ecosystem
10%
2.1M VOUCH
Reserved for growth, integrations, and ecosystem expansion.
Airdrop
10%
2.1M VOUCH
Broadens ownership among early aligned participants.
Demand
VOUCH is not bolted onto the product. Every call, every fade, and every scout stake locks the same asset — so growth in any role drives demand across all three.
Every new call locks VOUCH on both sides. More researchers means more faders, which means more total stake cycling through the system.
Scouts back higher-tier researchers for amplified emissions. Bolder calls independently attract more faders. Both sides drive demand from different angles.
Both resolved-call fees (0.5%) and unfilled-call fees (0.5%) flow into the emissions pool, extending scout rewards beyond the base schedule. More activity means a longer runway.