πTokenomics
Last updated
Last updated
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.
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.
Economic Incentives: The token economy is designed to reward holding and discourage premature selling.
Deflationary Strategy: To ensure token value, 50% of the projectβs profits are used for buyback and burn of CORI tokens, creating a deflationary effect.
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.
Liquidity Support: A portion of APR profits (10%) is used to bolster market liquidity, facilitating smoother trading experiences.
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.
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.
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.
