📖Tokenomics

The Coinback Token (CBK) is the heart of our ecosystem, driving and facilitating many of the platform’s features. Understanding our tokenomics is crucial for any current or potential holder of CBK. Here's a detailed breakdown:

1. Total Supply

The total number of CBK tokens that will ever exist is capped at 1,000,000 CBK. This limited supply ensures that the token retains value and scarcity.

2. Liquidity Pool (LP)

86% of the total supply, amounting to 860,000 CBK, is allocated to the Liquidity Pool. This massive allocation ensures:

  • Smooth and efficient trading on decentralized exchanges.

  • Enhanced stability for the CBK token price.

  • Liquidity for those who want to buy or sell CBK tokens.

3. Team Allocation

The Coinback team is allocated 14% of the total supply, which equals 140,000 CBK. The allocation to the team is a reflection of their dedication and hard work in building and maintaining the platform. However, to ensure the team's interests are aligned with the long-term success of Coinback:

  • There is a vesting period of 3 months. This means the team cannot sell or transfer their tokens before the end of this period.

4. Commitment to Fair Distribution

Our tokenomics is designed with fairness and sustainability in mind:

  • The substantial allocation to the LP ensures that most of the tokens are available for the community and potential investors.

  • The vesting period for the team allocation reinforces our commitment to the project's long-term vision and deters short-term, profit-driven actions.

5. 1% Buy & Sell Tax

  • Every time the CBK token is bought or sold, a 1% tax is applied. This isn't just any tax; it's a contribution to the collective growth of the Coinback ecosystem.

  • This 1% tax goes directly to the fund wallet. Rather than sitting idle, these funds are actively employed to reward those who make Coinback thrive.

  • Coinback values its active users, and what better way to showcase this appreciation than with airdrops? The funds amassed in the fund wallet are channeled to offer periodic airdrops to users who actively use Coinback. The more engaged you are, the bigger the reward.

By understanding our tokenomics, users can get a clear picture of the CBK token's potential and our dedication to maintaining a balanced and prosperous ecosystem. As always, we recommend doing your own research and consulting with financial advisors before making investment decisions.

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