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
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.
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.
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.
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.
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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