For a newly established AMM exchange, the most important question is how we can get enough trading volume in a short period of time. More volume means more trading fees, and liquidity providers can get more revenue.
Here is our solution, our unique trading incentive system:
Traders can get extra token rewards in every trading in specialized trading pairs.
For most trading pairs, traders will receive the CETC (GoCerberus Trader Credit).
Other projects can also provide their tokens as trading rewards for their token's trading pairs. (This means that traders may receive up to 2 tokens as trading rewards for some trading pairs.)
In this way, we provide other projects with the ability to incentivize trading, and they will be more willing to encourage their users to trade on GoCerberus.
Jimmy swaps 1 BNB to BUSD, he will receive a certain number of CETC.
Jimmy swaps 1BNB to TokenA, and if the project owner provides us some TokenA as trading rewards. Jimmy will receive both CETC and TokenA as the trading rewards.
In this way, we will attract more traders and more projects trading on GoCerberus.
How Can CERBERUSHolders Benefit?
The logic is simple. We will allocate some trading fees to buy back CERBERUS tokens and burned. This can help us stabilize the price of the CERBERUS token.
Besides, 10% of the total supply CETC will be allocated to Hells, which means that CERBERUS token can stake their CERBERUS to earn CETC.
GoCerberus Trader Credit (CETC)
CETC is the second token issued by GoCerberus, CETC will be used as the trading rewards on our trading incentive system.
Briefly, CETC is a SAFEMOON styled token but without a reflection function. But different from most moon tokens, CETC is backed by an existed AMM exchange and has clear use cases.
Max Supply: 1 Quadrillion
10% for hells farming
80% for trading rewards pool
10% for dev fund
Transfer Tax Fee: 10%
5% for automatic liquidity acquisition
3% resent to the trading rewards pool
More details about CETC will be published later.
How Can CETC Holders Benefit
CETC can be staked to earn CERBERUS
CETC will cover almost all use cases of CERBERUS in the near future