โ๏ธTokenomics
Understanding how our Tokenomics works
Supply
The initial supply of $CPB was (zero) 0. The maximum supply is 610M $CPB
As you can imagine, the CPB Token will have a maximum supply of 610 million tokens(if all CMB/CGB are staked), we explain it all in detail :
For starters, why do CMB holders earn 30 $CPB/day as opposed to 8 $CPB/day for CGB holders?
Itโs simple:
The difference in supply per collection. You have to understand that our genesis collection (CMB) is a collection of only 1000 NFTs versus 6100 NFTs for our Cronos Gorilla Business collection. We cannot afford to increase the daily rewards of the CMBs in order not to impact our tokenomics and especially to avoid a distribution of too much CPB per day and thus harm the value of our token.
The total supply of CPB
CMB : Stake a CMB will generate 30 $CPB/day: Thatโs 30,000 $CPB/day, 10,950,000 $CPB/year.
CGB : Stake a CGB will generate 8 $CPB/day: Thatโs 48,800 $CPB/day, 17,812,000 $CPB/year.
This means that if we consider the staking of our collections at the same time, the total supply reached for our CPB token should be reached in about 21/22 years
(The number of CPB generated per day marked just above is only if all CMB/CGB are staked)
The important factor of supply is the circulating supply. The initial supply of CPB is 0. 80% of the supply can only ever be produced by staking the CMB/CGB NFTs. The staking rewards are constant. The rest of the supply is used to stabilize the price in the Liquidity Pool & increase the value through positive incentives.
Staking : 80% of the supply will be reserved for staking
Reserve : 4%
Charity : 1%
Marketing & Collabs : 2%
Special (???) : 3%
Liquidity Pool : 10%
There are many combustion mechanisms in place that reduce the outstanding supply and increase the value of CPB, all these mechanisms will help us to obtain a stable token in terms of price but above all to guarantee you a very advantageous passive revenue thanks to staking, with a certain security of daily revenues. So the circulating supply is a dynamic value.
Utility The CPB token is the utility token used throughout the CPB ecosystem and in our Primate World Store, the very first token on Cronos to have a real utility with a burn mechanism to create a sustainable economy.
Tokenomics First token in the Cronos ecosystem which incorporates mechanisms of game-theory as well as intelligent burning mechanisms to increase the value.
The very first token to get customization on your NFTs, buy merchandising and play mini-games on our website ๐ ๐ฆCPB is the first token in the Cronos ecosystem that incorporates game theory mechanisms as well as smart burning mechanisms to increase value. To estimate any token value, it is always important to look at two import factors: Supply and demand.
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