ChainstakeDEFICD

Last updated 3 years ago

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ChainstakeDEFICD

Introduction

Chainstake DEFI CD is a solidity smart contract platform that facilitates a proof of stake P0S consensus algorithm. Users can create & deploy unlimited decentralized applications on the Chainstake Contract Chain CCC that will be launched in 2023. CD token is officially launched on the Binance Smart Chain BSC in August 2021 & will migrate onto the CCC in 2023. Users can run P0S nodes to secure the CCC.

Chainstake DEFI Mission Statement

Chainstake Contract Chain CCC is directly competing with Ethereum, Binance Smart Chain, Solana & Avalanche & all other smart contract blockchains. By using up to 100% & a minimum of 45% of the entire supply of Chainstake DEFI CD tokens to secure the CCC network & process transactions, the CCC blockchain will be much faster & cheaper to use for all user & development functions, compared to all other smart contract platforms.

Chanstake DEFI Overview

The Chainstake DEFI CD BEP 20 token was released in August 2021 on the Binance Smart Chain BSC. The Chainstake Contract Chain CCC main net will be launched approximately January 2023. Users can trade, stake & yield farm CD token in 2021-2022 on the BSC. In 2022 a CCC wallet with the ability to launch CD nodes or delegate to CD nodes will be implemented on the BSC so users can stake CD tokens. All CD tokens and CD nodes will migrate to the CCC network in January 2023 where users can create unlimited DAPPs & stake their CD tokens by running nodes, or delegating to nodes.

Chainstake DEFI CD Token Emission Statement

Total Supply CD Token = 200,000,000
10% of the entire supply 20,000,000 CD tokens will be released on the cryptocurrency market over the first 2 years of market trading 2021-2023.

(5 % of the entire supply will be released over the first 12 months of trading = 10,000,000 CD released on various DEXs with various trading pairs. August 2021-August 2022. Inflation)

(5 % of the entire supply will be released over the second 12 months of trading = 10,000,000 CD released on various DEXs with various trading pairs. August 2022-August 2023. Inflation)

25% of total supply for reserve liquidity pools on both centralized & decentralized exchanges & for DEFI & P0S Mining rewards = 50,000,000 CD (available on the market. Inflation)
20% of total supply to founders locked until January 2023: The Chainstake Contract Chain CCC Ecosystem Launch = 40,000,000 CD (CD Dev's cannot sell CD onto the market in 2021 & 2022. Inflation)
45% of entire supply to secure the Chainstake Contract Chain CCC at all times = 90,000,000 CD locked for CCC. Locked for running CCC nodes, & securing the CCC blockchain. (Not available on the market)
1% of total supply CD Token to be bought back & burned from the 10% liquidity pool = 2,000,000 CD will be bought back & burned by Jan 2023 for the Chainstake Contract Chain CCC Launch (Deflation)