Tokenomics

Tokenomics: Understanding the Economic Backbone of CeyCube

CeyCube’s tokenomics are designed to foster a sustainable and thriving ecosystem that rewards active participation and long-term commitment. This section breaks down the two core components of our token economy: $CEYCUBE Non-Fungibles (NFTs) and $CQB Tokens. Together, these elements create a dynamic financial structure that supports growth, incentivizes staking, and aligns the interests of our community members.

TL;DR

• 60 NFTs at $1,500 USD each: Represents seat ownership with an annual subscription model (similar to ENS domains).

• No team tokens: 100% community-focused.

• $300 USD from each NFT sale: Added to the liquidity pool, totaling $18,000 USD.

• Earn 1,200 $CQB tokens/year by staking NFTs (rewards stop after the subscription ends).

• Future Strategy: Consider additional LP contributions or a buy-and-burn mechanism post-sale.

Tokenomics Overview

Our tokenomics model is designed to be simple and community-driven. Here’s a breakdown:

• No Team Tokens: We are not allocating any tokens to the team, ensuring transparency and fairness.

• NFT Sale: We are offering a limited collection of 60 NFTs, each priced at $1,500 USD. Each NFT represents ownership of a seat. The sale will raise a total of $90,000 USD.

• Annual Subscription Model: These NFTs are not lifetime assets; they operate similarly to ENS domains. After the annual subscription of $1,500 USD ends, the NFT will no longer accrue new staking rewards.

• Liquidity Pool (LP): For each NFT purchase, $300 USD will be automatically allocated to the liquidity pool (LP). By the end of the sale, this will result in $18,000 USD (i.e., $300 x 60 NFTs) being added to the LP.

• Staking Rewards: NFT holders can stake their NFTs to earn 1,200 $CQB tokens per year, distributed on a linear schedule. However, staking rewards cease once the annual subscription period ends.

• Operations Wallet: The same amount of $CQB tokens earned by NFT holders will be minted into an Operations wallet, which will be managed by us.

• Future LP Strategy: Currently, LP is added with each purchase. We can explore further options, such as additional LP contributions or a buy-and-burn mechanism after the initial sale. We welcome your suggestions on this.

Our tokenomics is designed to be simple and community-driven. We're offering 60 NFTs at $1,500 USD each, raising $90,000 USD. Each NFT represents a seat and operates on an annual subscription model. After the annual payment ends, the NFT won't accrue new staking rewards.

For every NFT sold, $300 USD will be added to the liquidity pool, totaling $18,000 USD by the end of the sale. NFT holders can stake their NFTs to earn 1,200 $CQB tokens per year, distributed on a linear schedule. These rewards cease once the annual subscription period ends.

Additionally, the same amount of $CQB tokens earned by stakers will be minted into an Operations wallet, which we will manage.

Currently, LP is added with each purchase, but we’re open to exploring further options like additional LP contributions or a buy-and-burn mechanism after the initial sale. We welcome your feedback and suggestions on these strategies.