Cashmere Labs builds Autonomous Monetary Infrastructure for stablecoins, featuring a zero-slippage omnichain bridge, yield agents, and the Mountain emission system. The planned native token $CSM is primarily earned through Mountain, where soulbound Barn NFTs mine emissions via Forage and related mechanics, including Goat Street bindings.
The Cashmere Labs Barn Raising Community Round is the founding NFT sale of up to 1,000 soulbound Barn Deeds (IDs 1–1,000) that grant mining rights for $CSM. Applications opened on 6 November 2026, with no fixed date. Planned prices are 0.125 ETH for GTD (up to 700 Barns), 0.25 ETH for WL FCFS, and a Dutch auction starting at 1.5 ETH, falling to 0.25 ETH for the public stage. Barn participants are eligible for a portion of the planned $CSM airdrop.
Applications for the Barn Raising are open on the Cashmere’s Mountain page.
To join, you are to submit a free signature-based application. You can choose a type of application you are applying for - Individual, creator, project, or collabs.
Cashmere Labs reviews entries and assigns wallets to GTD or WL FCFS lists. Priority is given to Goat Street holders and early Cashmere users.
GTD wallets can mint at a fixed 0.125 ETH, WL FCFS at 0.25 ETH, and the public stage runs a Dutch auction from 1.5 ETH down to 0.25 ETH over 30 minutes - everyone pays the final clearing price, with rebates for overpayments. The maximum number of NFTs to be sold is 1,000 Barns. The sale will end once all 1,000 pieces are sold.
💡 Pro tip: Apply early if you hold Goat Street NFTs or have prior Cashmere activity, as these receive priority review for GTD/WL allocation at the lowest fixed prices.
Visit the Cashmere page and connect your wallet.
Submit the free signature application (no gas required).
Wait for Cashmere Labs to review and assign GTD or WL FCFS status.
Once the sale opens, mint your allocated Barn(s) at the stage price via the official interface.