$CBULL Tokenomics
With the start of CryptoBulls Token Generation Event approaching, we’re excited to share more details regarding $CBULL Tokenomics and the product development within our Exchange.
Last updated
With the start of CryptoBulls Token Generation Event approaching, we’re excited to share more details regarding $CBULL Tokenomics and the product development within our Exchange.
Last updated
CryptoBull has very big ambitions and our business model for net-profit isn't centered around our $CBULL token but more so focusing on the exchange itself. We are very aware that to find success in Crypto, your community needs to be happy and excited - thus allowing us the possibility for our $CBULL token can act as a catapult for the CryptoBull exchanges success. Rational behind our thinking: In 2023, cryptocurrency exchanges generated approximately $43.5 billion in revenue, with Binance leading at $16.8 billion. the estimated collective annual profit for all cryptocurrency exchanges would be between $10.5 billion and $15.2 billion. For Context: 1% of this annual profit is $152 million. We created a Deflationary Model for our $CBULL token, where we do Monthly Buy-Back and Burns. Allocating a % of the CryptoBull Exchanges Net-Profit to this mechanism - providing our community with a more valuable token for the longer term. This alignment not only empowers but also incentivizes our community to actively participate in growing and using the exchange in the direction we all desire, as we strive to deliver the ultimate all-in-one trading experience.
The $CBULL token is the cornerstone to our ecosystem, driving the growth of the fastest, smoothest, securest & most highly rewarding Crypto Exchange. Through staking mechanisms, users can stake $CBULL to unlock governance rights and additional incentives. Our tokenomics and utility are strategically designed to align the interests of all stakeholders with the exchanges overarching vision.
Token Ticker: CBULL
Total Token Supply: 100,000,000
Initial Circulating Supply: 90,000,000
We believe that our token can act as a catapult for our exchanges success, thus adopting more of a fair-launch approach which will reward and allow our early adoptors to find success and motivate them to help make CryptoBull get the attention we desire.
The largest portion of the $CBULL token supply (90%) is reserved for our community:
2.5% is distributed via our .
25% is towards our Presale Participants - which is for OGs & early community.
62.5% will be added to our Liquidity Pool via our fair-launch.
The remaining of $CBULL token supply is set aside for Team, Partners & Contributors within our community.
TGE Release Schedule
At TGE and in the following weeks, the following unlocks will take place:
Airdrop: 1% of the supply will be airdropped to our participants at TGE, based on CB points. Users will have the option to stake $CBULL tokens at TGE for a significant APR bonus. The remaining 1.5% will have a gradual unlock of 0.15% each month for 10 months.
Presale: 50% will be unlocked upon TGE. Then it will be daily unlocks equally across 7 days for the remaining 50%.
Fair-Launch: 62.5% of our total supply will be added to our liquidity pool upon TGE.
Long-Term Release Schedule
Core exchange contributors and strategic participants will have extended lock-up periods.
Strategic Participants: Subject to a 1-year cliff followed by 24 months of linear vesting.
Contributors: Subject to a 1-year cliff followed by 24 months of linear vesting.
This structure ensures that both contributors and investors are aligned with the long-term success of CryptoBull.