📎Understanding Project

The essence of Coinback lies in simplifying Ethereum transactions while ensuring maximum gains and security for its users. This section provides a deep dive into the specifics of the project, especially focusing on how users can optimize their gains.

1. The Basics

Coinback functions as a bridge between Ethereum users and builders. Users send their transactions through Coinback, which are then relayed directly to builders, avoiding the mem pool. This provides users with speed and builders with an edge in securing valuable blocks.

2. Holding Coinback Token (CBK)

Simply holding CBK tokens increases the number of transactions you’re credited with, thereby boosting your potential rewards.

Examples:

  • Holding 500 CBK: Keeping 500 CBK tokens in your wallet might grant you an additional 0.01 transactions daily. Over a month, this equates to an extra transaction credited to your account.

  • Holding 15,000 CBK: At this level, holding 15,000 CBK tokens would earn you an extra 0.5 transactions daily. Therefore, after a month, you'd accumulate 15 additional transactions.

  • Holding 30,000 CBK: This is the optimum level for holding rewards. Here, simply by maintaining 30,000 CBK tokens in your wallet, you'd be credited with an extra transaction daily. That adds up to 30 extra transactions in a month!

Remember, these extra transactions directly enhance your share in the profit distribution, making holding CBK tokens a rewarding experience.

3. Referral Bonanza

For every new user you bring into the Coinback community who transacts via your referral ID, both you and the new user are credited with an additional 0.1 transactions. This isn't a one-time perk; you’ll keep receiving this bonus for every period.

Example:

Suppose you referred 10 users who actively transact through Coinback. That's an extra transaction (10 x 0.1) credited to your account!

4. Profit Sharing Mechanism

Coinback maintains a symbiotic relationship with builders. As builders secure more blocks courtesy of the exclusive transactions from Coinback, they share a fraction of their profits. This amount is then distributed proportionally among Coinback users based on their transaction counts.

5. MEV Protection

Coinback's bypassing of the mem pool isn’t just about speed – it’s about security. By steering clear of the mem pool, your transactions are inherently safeguarded against malicious Miner Extractable Value (MEV) tactics, ensuring both speed and security.

With Coinback, every user gets more than just a platform for Ethereum transactions. They receive an ecosystem optimized for gains, growth, and security. Dive in, stake, refer, and watch your potential rewards skyrocket!

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