This section contains an in-depth overview of the Cyclix Games token and its mechanics: $CYG.
1. Economic Mechanics and Rewards
The $CYG token features a distinctive design crafted to ensure continuous gameplay. It operates on a dual-phase system, alternating between "Burning Mode" and "Expansion Mode."
This innovative approach is designed to consistently engage the community, offer rewards, and maintain sustainable tokenomics. This approach fosters a dynamic and thriving ecosystem for the $CYG token.
Burning Mode: In "Burning Mode", where a percentage of the total supply is burned with every transaction (varying based on the transaction type), the supply will continue to be burned, creating more value for token holders over time. This mode will last until the minimum token threshold is reached. Once the token threshold is reached, the token switches to “Expansion Mode”.
Expansion Mode: In "Expansion Mode", the total supply increases with every transaction, with newly minted tokens awarded to the user initiating the transaction. This rewards active traders within the community and provides an innovative way to keep engagement levels high.
2. Tokenomics
Token allocations
Total supply: 15M tokens
Team: 5% (6 months cliff, 18 months vesting)
Marketing: 17%
Partnerships: 7% (20% TGE, 12 months vesting)
Presale Round: 50% (30% TGE, 6 months vesting)
Airdrop rewards: 11%
LP: 10%
Token mechanisms
Buy tax: 3.88%
1%: Burn/Mint
2.88%: Treasury
Sell tax: 8.88%
2.5%: Burn/Mint
6.38%: Treasury
Holding limit: 1.1% of the total supply per wallet.
Selling limit: 0.1% of the total supply per transaction. Multiple transactions are, of course, allowed.
*Burn or Mint is dependent on the current mode the token is in.
3. Treasury
With every transaction, the Treasury grows. The Treasury is built by the community and hence will be used to create additional value for the community.
Treasury allocation:
50% for Project Development and Ecosystem development.
30% for the Community: Rewards, giveaways, etc.
20% for Marketing: Promotional campaigns, partnerships, buy-backs, etc.
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