As the pioneer in the realm of Web3 decentralized Hedge Funds, CMB stands out with an impressive APR of 200% and beyond for CMB holders. Unlike your average ETH meme coin, CMB is a gateway to a team dedicated to securing the best APR opportunities daily.
What is CMB Token?
CMB token, short for Charles Montgomery Burns (CMB) token, is a cryptocurrency that represents a unique venture in the world of decentralized finance (DeFi). Created as part of the Web3 decentralized Hedge Fund, CMB token stands out as more than just an ETH meme coin; it serves as a gateway to a team committed to securing optimal Annual Percentage Rate (APR) opportunities for its holders.
What makes $CMB so unique?
In contrast to most meme coins, CMB offers more than mere speculation. It’s an investment in CMB’s continuous efforts to generate optimal APR. It allows you to tap into the incredible APR opportunities provided by concentrated liquidity on Defi AMM platforms like Uniswap V3, all while protecting your capital from the risks of inexperience.
What sets CMB apart is the unique proposition, you don’t have to hand over your funds to CMB for management. CMB solely manages the 75% of $CMB tax fees, making the process transparent and aligned with your interests.
CMB Tokenomics & Allocation
Tokenomics
5% buy and sell tax breaks down like this:
- Buyback and Burn: 0.5% (10% of the total tax)
- Marketing: 0.75% (15% of the total tax)
- AUM: 3.75% (75% of the total tax)
Smart Contract: 0xe0974D6a1B930bf3029d08c324B0FeA6d73f0297
Allocation Token
The $CMB token has a finite supply of 100 million tokens. All $CMB token allocations are allocated 100% to the liquidity pool. So there are no presales, team tokens, partnership tokens, and other token allocations.
What are Conditions for being eligible?
To be eligible for revenue sharing, you currently need to hold at least 1M $CMB tokens in your wallet. This amount will be lowered to 500K $CMB tokens in phase 2 (500+ $CMB holders) and to 250K $CMB tokens in phase 3 (2000+ $CMB holders).
How it Work
The Revenue Sharing is distributed in $ETH, on the layer 2 network Arbitrum. To participate, holders need to meet the eligibility criteria and will receive revenue sharing weekly in phase 2 and bi-weekly in phase 3 instead of daily.
They have “The employee of the day”
This system runs every day, the lucky holder of over 50,000 $CMB tokens is randomly selected to take on the prestigious role of “Employee of the Day”. This appointment comes with the exclusive benefit of the privilege of receiving 5% of the entire daily profit sharing pool.
Assets under Management (AUM)
Assets under Management (AUM) stands as a pivotal concept in the world of finance, playing a crucial role in guiding the journey of the CMB Token through the dynamic seas of the crypto market. AUM essentially represents the total market value of all the financial assets managed by this decentralized hedge fund, powered by CMB Token, on behalf of the community.
How AUM Works
- Tax Tales and AUM Fueling
The journey begins with the collection of ETH from the 5/5 tax on buys and sells, with each contribution propelling the AUM engine. Ten percent contributes to the buyback and burn strategy, fortifying CMB’s foundation. Fifteen percent is allocated to marketing, offering a glimpse into the CMB universe, while a significant 75% fuels the real magic – the AUM account. - Strategic Moves and Trading
Once ETH is amassed in the AUM wallet, the expert team sets sail into the vast sea of liquidity pools. Here, strategic moves unfold as ETH is traded for various cryptocurrencies, forming liquidity pairs that keep this decentralized hedge fund sailing smoothly. It’s a meticulous process guided by years of experience in navigating the unpredictable waters of decentralized finance. - No Liquidity Loop, Genuine Expertise
What sets CMB apart is the commitment to transparency and authenticity. Unlike some projects that create a liquidity loop resembling a Ponzi scheme, liquidity is never added to the own pair. Instead, daily efforts focus on leveraging genuine expertise to craft revenue streams for the AUM. This ensures that the revenue-sharing model is built on real value and expertise rather than unsustainable schemes. - Transition to DAO
The excitement doesn’t stop here. As the project grows, the decentralized autonomous organization (DAO) takes the helm of the AUM. This transition is not just a change; it symbolizes the decentralized future being shaped. The core team’s proficiency in liquidity management paves the way for the DAO to lead, ensuring that the AUM strategy remains at the forefront as the project evolves.
Roadmap
Project Milestones
- Officially Live: November 11, 2023 🚀
- Website & Platform Go-Live: November 11, 2023 📅
- Token Launch: November 11, 2023 🚀
Upcoming Features
- Partnerships: Collaborating with different projects as their official Market Maker, providing liquidity on their pair.
- Revshare Scaling: Expanding revenue distribution to more participants by lowering entry barriers.
Underway Initiatives
- Partnerships with Twitter KOLs Coming Soon
DAO
Exciting news unfolds as CMB team delegates AUM control to a multisig, merging Safesnap with a Gnosis Safe for heightened security. Brace yourselves for the evolution of CMB into a governance token. Every holder becomes a valued voter in the DAO, empowering the community to shape the project’s future.
Conclusion
In the last two weeks, launching CMB has been a thrilling ride, building an incredibly strong community around a solid project with great fundamentals. CMB transcends the realm of a shady crypto project, it’s the first Web3 decentralized Hedge Fund. So if you want to buy CMB token, you can buy on Uniswap.
- Website: https://cmbeth.com/
- Twitter/X: https://twitter.com/CMB_eth
