πŸ’ŽTokenomics

Coribot's tokenomics strategically balance growth and sustainability, leveraging APR profits for CORI token purchase, low trading fees, and a deflationary approach through token buyback and burn, all designed to enhance value and stability for token holders.

Coribot's token economy is meticulously structured to balance profitability, liquidity, and long-term value for its CORI token holders.

APR Profits and CORI Tokens πŸ’Ή

  • 100% APR Profits: All profits from APR are dedicated to purchasing CORI tokens, reinforcing the token's market strength.

  • User Growth and Liquidity: As the user base expands, liquidity concurrently strengthens and stabilizes, benefiting the entire ecosystem.

Incentivizing Holding πŸ”„

  • Economic Incentives: The token economy is designed to reward holding and discourage premature selling.

  • Deflationary Strategy: To ensure token value, 50% of the project’s profits are used for buyback and burn of CORI tokens, creating a deflationary effect.

Trading Fees and Token Circulation πŸ”½

  • Low Trading Fees: Each transaction incurs only a minimal fee of 0.5%-0.8%, making trading on Coribot cost-effective.

  • Token Buyback and Burn: Half of the transaction fees are allocated to buying back and burning CORI tokens, reducing the overall circulation and enhancing value.

Enhancing Market Liquidity 🌊

  • Liquidity Support: A portion of APR profits (10%) is used to bolster market liquidity, facilitating smoother trading experiences.

Supply and Transaction Tax πŸ“Š

  • Fixed Supply: The total supply of CORI tokens is capped at 10 million, with no plans for further increase, ensuring scarcity and value.

  • Transaction Tax Structure: Each transaction on Coribot carries a 5% tax, broken down as follows:

    • 1% for Liquidity: Strengthening the liquidity pool.

    • 3% Distribution: Token holders in the Coribot wallet receive a share.

    • 1% for Operational Costs: Supporting the ongoing development and maintenance of Coribot.

  • Dividend Eligibility: Holding a minimum of 100 CORI tokens is required to receive dividends.

Token Burn Limit πŸ›‘

  • Burn Cap: The burning of the 10 million CORI tokens will cease once the total supply reaches 1 million tokens, ensuring a sustainable token economy.

Conclusion

Coribot's tokenomics are crafted to balance growth, value, and sustainability, making CORI a potentially lucrative and stable asset for its holders in the evolving landscape of cryptocurrency.

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