Cross-chain stablecoin bridge Cashmere has outlined an expansion plan that includes opening its automated liquidity product Goat LP to all users, followed by the launch of Mountain and the planned $CSM token. According to ChainCatcher, Cashmere Bridge supports zero-slippage stablecoin transfers across 16 chains, while Goat Street comprises 6,666 goat NFTs on Robinhood Chain.

Goat LP is designed for Uniswap v3 and v4 positions on Robinhood Chain; positions will remain in users’ wallets as Uniswap NFTs. The service will cover gas costs and charge 10% of fees reinvested through auto-compounding, plus 0.15% for each of its automatic range-adjustment and exit features. Cashmere describes the software as experimental. Mountain’s code has completed testing, and the team plans an external audit before launch.

The project says Barn will be a soulbound NFT with up to 10 slots, earning newly issued $CSM per second once issuance begins. Goat NFTs can be permanently bound to receive an issuance share, but cannot be sold or withdrawn after binding. Cashmere plans to issue 1,000 Founder Barns, with guaranteed spots priced at 0.125 ETH, whitelist spots at 0.25 ETH, and a public auction starting at 1.5 ETH and declining to 0.25 ETH.

The planned maximum supply is 666 million $CSM: 10% for liquidity in the official Uniswap v4 ETH pool, 25% for the team and treasury subject to vesting, and 65% to be issued as the system operates. Trading is planned to begin through that pool. The team canceled and plans to redeploy market-making and a token on Anvil because of technical issues. It also plans airdrops for Barn sale participants, Goat Street activators, and early users; wallets that listed goat NFTs for sale on OpenSea will be excluded. Cashmere said no formal $CSM token currently exists and that these plans may change.