Cold Beer Token

Cold Beer Token (cBEER)

Basic Information

• Token Name: Cold Beer Token

• Token Symbol: cBEER

• Contract Address: 0x1e1725D9AF05bF1CB084f02DD5c0432EFfD6645A

• Chain: Binance Smart Chain (BEP20)

• Max Supply: 2M

  • Presale Hard Cap: 400K (20%)

  • Initial Liquidity Provision: At Most 128K (6.4%)

  • Reward for Farming & Referral: 1.472M (73.6%)

• Farming start countdown: https://bscscan.com/block/countdown/7905555

Unsold tokens for presale and unused tokens for adding initial liquidity will be burnt immediately.

Transfer Tax

• Automatic Burn: 6% of transfer amount will be burned immediately. (This will start at the end of pre-sale)

Emission Rate

• Initial Emission Rate: 10 cBEER/ block

• Minimum Emission Rate: 1 cBEER/ block

• Reduction Interval: 18 hrs

• Reduction Rate: 12.5%

• 9.09% to the dev team to ensure essential growth of the project(We will burn 85% of this fund every 12 hrs)

We don't expect Emission Rate to drop too fast. Continued block rewards will encourage liquidity provision.

How cBEER Supply Is Reduced?

1. Reducing Block Emission

By automatically reducing the amount of cBEER generated per block, we achieved real deflation. But we don't want to do this too frequently, too fast, we still need to incentivize people to provide liquidity.

2. Transfer Tax Passive Burning

cBEER now has a 6% transfer tax in each transfer and the tax will be burned automatically. This deflationary mechanism will help us to reduce the circulating supply of cBEER which will release sell peruse a lot.

3. Upgraded Buyback Mechanism

We set up the Buyback fund through pre-sale and deposit fees. But different from other projects, we will not choose to complete all the buyback at the beginning of the project, which is not conducive to the maintenance of the price. We develop a detailed guideline to help us determine the number of buybacks per time.