💰CUBISwap Tokenomics
Last updated
Last updated
Ticker Symbol: $CUBI
Chain: opBNB
Max Supply: 100,000,000
Start of Supply: 7,000,000
Contract Address:
Cryptocurrencies and tokens built on a blockchain have set up, algorithmically created release schedules. This means that we can accurately predict how many coins will be made by a specific time.
Max supply — the coins/tokens that will be ever produced. As soon as the maximum supply is reached, there will be no more of these coins or tokens minted.
The maximum supply of $CUBI tokens is 100,000,000
Total supply — tokens/coins that exist now. They can be in circulation or somehow locked.
The formula for calculating is quite simple 🔽
The sum of tokens/coins that were already mined (or issued) MINUS the total of coins that were burned or destroyed = Total Supply
Circulating supply — the tokens/coins that are publicly available and circulating in the market. It is possible for a cryptocurrency circulating supply to increase or decrease over time.
The formula for calculating 🔽
Total supply MINUS all the blocked tokens = Circulating Supply
Market Capitalization (or Market Cap) in the blockchain industry refers to a measure of cryptocurrency market size or, in other words, the crypto asset's value.
The formula for calculating 🔽
Calculating Supply MULTIPLY BY the price of the crypto asset = Market Cap
Use the CoinMarketCap website to track and analyze $CUBI conditions on the market.
Exchange tokens with the lowest fees on opBNB
Provide liquidity to the pool and earn income from token swap transactions
Stake your LP tokens to earn $CUBI tokens
Stake $CUBI tokens to earn more $CUBI tokens
Stake $CUBI tokens to earn tokens of other projects
Stake tokens of other projects and earn $CUBI tokens in return
Earn referral rewards via our multi-type Referral Program
Buy new tokens directly by participating in the Initial DEX Offerings (IDO)
Buy/Sell NFT on CUBISwap NFT Marketplace with the lowest fees on opBNB
Stake NFT to earn multiple tokens
Simply put, it means removing coins from circulation, thereby reducing the total supply. Tokens are usually transferred to a burn address during this process.
The tokens/coins get burned for two main reasons:
To increase their value
To keep their condition steady
$CUBI Tokens Burn
CUBISwap DEX has its Deflationary Mechanisms. Our platform always develops and aims to enhance ones. The $CUBI burn happens to keep the token valuable and less volatile.
CUBISwap reserves the right in its sole discretion to change or amend the burning schedule at any time and for any reason.
