âšī¸About CPB
All information about the CPB Token
$CPB address: 0xf40CEd6869b9e35Dff4EC04cc11c2C50619742fa
The initial supply of $CPB is (zero)0. 80% of the total supply will be generated by staking and returned to the holders, 10% will go to the team (marketing, partnership and others) and the remaining 10% will go into the liquidity pool.
$CPB is used to run the Primates Ecosystem on Cronos. It will play a central role in our expansion.
Upon its release, $CPB will have become the first token in the Cronos ecosystem to incorporate game theory mechanisms as well as smart burn mechanisms to increase value and ensure limited inflation due to these deflationary principles and actions.
Daily staking reward $CPB Token
Launch price of the $CPB token = $0.50
Staking rates:
CMB: 30 $CPB/day
CGB: 8 $CPB/day
Every time you claim the CPB token it will imply a burn mechanism(Malus). When you stake your Primates, the malus (burn bar) starts at 90%. The malus indicates how many CPB token will be burned on the claiming. The malus decreases by 3% per day, until it reaches 0% after 30 days.
We decided to set up a malus to avoid the dumping of tokens, we can see this system in many projects such as Croskull.
â ī¸ Rewards may be re-evaluated upwards or downwards depending on the state of the market each season or each month. The change will be subject to a vote by the DAO.
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