☄️CERBERUS Token
Cerberus is a multi-headed dog that guards the gates of the Underworld.
Cerberus Token Logo

Basic Information

Transfer Tax

  • Burn Rate: 8% of transfer tax will be burned immediately
  • Automatic Liquidity Rate: 1% of transfer tax will be added to the LP pool.
  • Total Transfer Tax Rate: 9% of every transfer

Emission Rate

  • 1000 CERBERUS / block
  • Will be reduced to 900, 800... CERBERUS / block then to 100 or lower based on TVL
  • 28,800,000 CERBERUS / day and gradually reduced to 2,880,000 / day or lower
  • 9.09% to the dev team to ensure essential growth of the project

Why CERBERUS Has No Hard Cap?

There's currently no hard cap on the supply of CERBERUS, making it an inflationary token.
Community members often point to this as a cause for concern, and while the dev team certainly understands the wish for a hard cap, there's a big reason we don't expect to set one in the near future.
CERBERUS's primary function is to incentivize providing liquidity to the exchange AMM in the future. Without block rewards, there would be much less incentive to provide liquidity (LP fees, etc. would remain).

How CERBERUS Supply Is Reduced Without A Hard Cap?

1. Reducing Block Emission

By reducing the amount of CERBERUS generated per block, we slow the inflation. But we don't want to do this too frequently, too early, for the same reason we don't want a hard cap: we still need to incentivize people to provide liquidity.

2. Transfer Tax

CERBERUS now has a 9% transfer tax in each transfer. 8% is burned directly and the rest 1% is added to CERBERUS-BNB liquidity pool and locked. This deflationary mechanism will help us to reduce the circulating supply of CERBERUS which will reduce sell pressure a lot.
Last modified 5mo ago