$CheB Whitepaper
  • 📜Abstract
  • 🔮Vision and Objectives
  • 😢The Problem
    • 👟Local Sneaker Resellers
    • 👕Local Fashion Brands
  • 💡The CheB Solution
  • 🪙Tokenomics
    • ⚡PROOF PLATFORM
  • 🗺️Ecosystem Overview
    • $CheB Token Utility
      • In-Platform Benefits
      • Ecosystem Expansion
      • Data and Engagement
      • Voting Rights on Fashion
      • $CheB Nodes
    • Token Supply
      • Token Distribution Overview
      • Buyback Plan
      • Ongoing Token Issuance in Detail
  • 🤼‍♂️Competitive Analysis
  • 🛣️Roadmap
    • Phase 1: 2024
      • Alpha & Beta Testing
    • Phase 2: Q3 2024-2025
    • Phase 3: 2026-2027
    • Phase 4: 2028-2029
    • Phase 5: Beyond 2029
  • 📈Go-to-Market Strategy
    • Hyper-Local Collaboration
    • Digital Presence and Engagement
    • Why This Matters
    • Our Goal
  • 👨‍⚖️Legal Considerations
  • 🔚Conclusion
    • Summary of Key Points
    • Join the Movement
  • 🧙‍♂️References
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  1. Ecosystem Overview
  2. Token Supply

Token Distribution Overview

The $CheB token is structured to support the growth and sustainability of the CheB ecosystem. Here is a detailed breakdown of the token supply and its distribution:

Total Token Supply

The total supply of $CheB tokens is capped at 600,000,000. New tokens are issued weekly to reward users for taking specific actions, ensuring a dynamic and engaging ecosystem.

Allocation Details

  1. CheB Team: 42,000,000 $CheB (7%)

    • Purpose: To support the CheB team.

    • Lockup & Vesting: 6-month cliff and 36-month vesting schedule.

    • Details: Tokens are allocated to team members to ensure alignment with the long-term goals of the project.

  2. Ecosystem Reward: 48,000,000 $CheB (8%)

    • Purpose: To reward active community members who stake their tokens and/or participate within the CheB ecosystem.

    • Lockup & Vesting: Locked until August 29, 2024.

    • Details: These tokens are distributed to users who stake their tokens as part of CheB's staking program, promoting long-term engagement, and for users who fully engage within the CheB ecosystem. To further support the value of the CheB token and ensure a sustainable reward system, we have implemented a comprehensive buyback plan detailed on the following page.

  3. Marketing: 48,000,000 $CheB (8%)

    • Purpose: To support marketing efforts and increase platform visibility.

    • Lockup & Vesting: No cliff and 12-month vesting schedule.

    • Details: Tokens are allocated to marketing campaigns, partnerships, and promotional activities to attract new users and grow the CheB community.

  4. Strategic Partners: 42,000,000 $CheB (7%)

    • Purpose: To build and strengthen strategic partnerships.

    • Lockup & Vesting: No cliff and 60 day vesting schedule.

    • Details: Tokens are allocated to strategic partners to encourage collaboration and mutual growth within the CheB ecosystem.

  5. CheB Vault: 420,000,000 $CheB (70%)

    • Purpose: To provide liquidity and stability to the $CheB token.

    • Lockup & Vesting: Locked until May 29th, 2029.

    • Details: These tokens ensure that there is sufficient liquidity for trading $CheB tokens on various exchanges, facilitating smooth and stable transactions.

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Last updated 11 months ago

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