# 🥇 CBFi Token

## **CBFi \[** _si-bi-fai_ **] is a DeFi token built on the BSC Chain BEP20, Ethereum chain ERC20, Solana chain SPL, and DDK Smart Chain DRC20.** <a href="#ebea" id="ebea"></a>

CoinBox Finance Token (CBFi) is a **BEP20 compliant** token issued on the Binance Smart Chain platform and **ERC20 compliant** token issued on Ethereum Chain and **DRC20 compliant** token issues on DDK SmartChain. CBFi will be a token that can be moved into multiple chains **(interoperable)** using [**CoinBox Multi-Chain Bridge**](../guides/coinbox-multi-chain-tunnels) as the solution.&#x20;

![](https://3370068971-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-Mal_02bOr40cn0ZwYSV%2F-MdpsenJarXTUnuWhl6a%2F-MdptrH-6ycLUHBY_5gP%2Fcbfii.png?alt=media\&token=75da4281-671b-485e-adb0-a26fc82aa9c7)

## &#x20;**🎆 What is (DeFi) Decentralized Finance?**

[**Decentralized finance**](https://en.wikipedia.org/wiki/Decentralized_finance)**,** also known as DeFi, is a fast-growing sector of the cryptocurrency industry. While cryptocurrency coins create a decentralized store of value separate from any government-backed fiat currency, DeFi creates decentralized financial instruments different from traditional centralized institutions.

Most DeFi platforms take the form of decentralized apps, known as Dapps. These Dapps use a series of smart contracts to automate financial transactions, making them faster, more efficient, and often more affordable than their centralized counterparts. Likewise, because Dapps are governed by computer code, which is inherently neutral, there is no issue of bias.

## **📉 What is a Deflationary token?**

If the total circulating supply of a token is constantly being reduced to the predetermined amount, then that token we call a [**Deflationary token**](https://www.bsc.news/post/cryptonomics-deflationary-tokens)**.** On the other hand, **inflation** is adding more of that token to its circulating supply. Therefore, all fiat currencies that are government-issued currencies are inflationary.

In the world of cryptocurrencies, **deflation** is subject to tokens or coins, and their value will fundamentally increase relative to national currencies. Therefore, in the case of deflationary cryptocurrencies, the constitutional premise is to gradually reduce the existing number of available tokens by eliminating them from the market in a process that is _**generally called token burning**._

## **📉 CBFi Deflationary Token Models**

**CBFi implemented a 1% burned on every transaction and 2% Liquidity Provider (LP) Support from every Transfer transaction in the blockchain to implement deflationary token models**, which provide unique opportunities to long-term holders.



## ⚡ Tokenomics of CoinBox Finance token (CBFi)

**CBFI token features :**



✅ CBFI is used as Booster for [**Affiliate Rewards**](../guides/untitled/referrals) in CBFI Wallet.

✅ CBFi token enables P2P traders to cut maker/taker fees on [**Coinbox P2P**](../guides/coinbox-p2p) Mobile apps.

✅ Discounts for listing your offline/online store in  [**CoinBox Merchant**](../guides/blockchain-merchants) Premium Mobile apps.

✅ Discounts for using CoinBox [**Token Creator**](../guides/coinbox-token-creator)  to create new ERC20, BEP20, CELO and DRC20 tokens in Mobile apps.

✅ $BUSD Reflection Token. 2% [**BUSD**](https://bscscan.com/token/0xe9e7cea3dedca5984780bafc599bd69add087d56) Return to holders.

✅ 1% from fees blockchain transaction will be burned forever into [**0x0000000000000000000000000000000000000000** ](https://bscscan.com/token/0xDB0f8CEC7634Cb86de98bd8C23e5b521d66CCb1d?a=0x000000000000000000000000000000000000dead)for public verification burning.

✅ 2% Support the Liquidity Provider (LP).

✅ Earn as Liquidity Provider in CBFI [**Yield Farming**](../guides/coinbox-dex/farms).

✅ Cashback in CBFi for creating NFT’s and listing in CoinBox NFT’s Marketplace for sale.

✅ NFTian Bubble Eggs with NFT Staking and Yield Farming.

✅ Participate in [**Pancakeswap Liquidity Pool**](https://docs.pancakeswap.finance/products/pancakeswap-exchange/pancakeswap-pools).

✅ Participate in new projects through crowdfunding.

✅ CBFi Charity to help people in need and donate to select charities that the CBFi community can vote on.



| **👉 KEY TAKEAWAYS ABOUT CBFI PUBLIC SALES ALLOCATION**                                                                                      |
| -------------------------------------------------------------------------------------------------------------------------------------------- |
| **Token Name :** CoinBox Finance                                                                                                             |
| **Token Symbol :** $CBFI                                                                                                                     |
| **Token Address** : [**0xDB0f8CEC7634Cb86de98bd8C23e5b521d66CCb1d**](https://bscscan.com/address/0xDB0f8CEC7634Cb86de98bd8C23e5b521d66CCb1d) |
| **Pinksale IDO Launchpad :** [**Pinksale**](https://www.pinksale.finance/#/launchpad/0x24944629ea7A978b95ed939E183c44C720853c98?chain=BSC)   |
| **Chain : First Phase =** BEP20. **Next Phase =** ERC20, CELO, SOLANA and DRC20                                                              |
| **Total Supply :** 10,000,000,000 CBFI                                                                                                       |
| **Listing DEX :** [**Pancakeswap**](https://pancakeswap.finance/)                                                                            |
| **Seeds Price :** $0.0007 (Locked Vesting 10% every 30 days for 10 months)                                                                   |
| **Presale IDO Price** : $0.001 (Locked Vesting 25% every 7 days for 1 month)                                                                 |
| **Listing DEX Floor Price** : $0.0015 ( No Discount )                                                                                        |

## 📊 CBFi Allocation

![](https://3370068971-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mal_02bOr40cn0ZwYSV%2Fuploads%2FWc7WqYsPxsrw0ghIqexL%2FTokenmetr.png?alt=media\&token=7a2de210-48c2-4aca-bfeb-55ac9acff1f7)

| **Participant**                                                      | **Allocation %**      | **Vesting Schedule**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| -------------------------------------------------------------------- | --------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |
| **Seed Investors**                                                   | 8% - 800,000,000      | <p><strong>First Release After Listing (days)</strong> : 30 days</p><p></p><p><strong>Tokens release each cycle :</strong> 10% every 30 days for 10 months.</p>                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| **Public Allocation (Will burn unsold tokens)**                      | 20% - 2,000,000,000   | <p><a href="https://www.pinksale.finance/#/launchpad/0x24944629ea7A978b95ed939E183c44C720853c98?chain=BSC"><strong>PINKSALE IDO</strong></a> used <a href="https://bscscan.com/token/0xDB0f8CEC7634Cb86de98bd8C23e5b521d66CCb1d?a=0x24944629ea7a978b95ed939e183c44c720853c98"><strong>138,048,000</strong></a> CBFI </p><p></p><p>Balance is BURNED into <a href="https://bscscan.com/address/0x0000000000000000000000000000000000000000"><strong>DEATH ADDRESS</strong></a> </p><p></p><p><strong>First Release After Listing :</strong> 25%</p><p></p><p><strong>Tokens release each cycle :</strong> 25% every 7 days. </p> |
| **Yield Farming Allocation (Uniswap, Pancakeswap, and other DEX's)** | 27.5% - 2,750,000,000 | Yield Farming RESERVED                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| **Marketing & Growth**                                               | 15% - 1,500,000,000   | <p><strong>First Release After Listing (days) :</strong> 30 days</p><p></p><p><strong>Tokens release each cycle :</strong> 5% every 30 days for 20 months.</p>                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| **Ecosystem & Partnership**                                          | 10% - 1,000,000,000   | <p><strong>First Release After Listing (days)</strong> : 30 days</p><p></p><p><strong>Tokens release each cycle :</strong> 5% every 30 days for 20 months.</p>                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| **Foundation and Charity**                                           | 2.5% - 250,000,000    | UNLOCKED                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| **Team**                                                             | 10% - 1,000,000,000   | <p><strong>First Release After Listing (days)</strong> : 100 days</p><p></p><p><strong>Tokens release each cycle :</strong> 5% every 30 days for 20 months.</p>                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| **Reserve : Market Maker, Exchanger & Liquidity Provider**           | 5% - 500,000,000      | UNLOCKED                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| **Airdrop & Bounty**                                                 | 2% - 200,000,000      | UNLOCKED                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |

