Vote for your weekly tax structure
The BUSD Rewards Token with a Twist!
The twist is that the tax structure is adaptive and could change every week based on what the community wants via a voting system similar to a DAO. This will drive community engagement and give the holders a voice regarding the direction of the project. Every week the Cypher (CPHR) Team will develop five scenarios which will be voted on by the community in our Telegram and Discord socials.
The voting will be conducted in two rounds, the first to distill the five scenarios down to just two, and then the second to decide the ultimate winner from the top two. Whichever scenario wins will be implemented as the tax structure for the upcoming week, this process will be repeated every week. next week. The only rule is that 1% must always go to liquidity, the remaining 18% is adaptable, but will ONLY change from 17% BUSD IF the community votes to do so. The rationale for adaptable tax is to give the community the opportunity to pivot dynamically during ever changing crypto market conditions.
For a month example:
- 10% BUSD
- 8% Buy Back
- 1% Liquidity
The CPHR community voted to receive 10% in BUSD rewards, 8% will be used to Buy Back CPHR, and all BUSD rewards from the Buy Back tokens will be recirculated back into the project to generate more volume and even more rewards.
- 7% BUSD
- 11% Buy Back
- 1% Liquidity
The CPHR community voted to reduce BUSD rewards from 10% to 7% and increase the Buy Back from 8% to 11% to inject additional volume into the project.
- 17% BUSD
- 1% Buy Back
- 1% Liquidity
The CPHR community voted to increase their BUSD rewards from 7% to 17% and decrease the Buy Back from 11% to 1% to boost their BUSD rewards.
- 10% BUSD
- 8% Buy Back (partner token)
- 1% Liquidity
The CPHR community voted to decrease their BUSD rewards from 17% to 10% and switch the Buy Back from CPHR to a partner token to support their project, and rewards generated from the partner Buy Back will be utilized to Buy Back CPHR.
High APY Staking
80 trillion CPHR tokens will be allocated to a 180-day staking pool which will yield a massive 500% starting APY for holders, and the staking pool will NEVER drop below and APY of 100%! Even the smallest bag holders will benefit tremendously from staking their CPHR tokens, receiving a substantial bag increase by the end of the 180-day period.
The perfected unison is achieved when CPHR holders compound their accumulated tokens each week to increasing their bag size, which in turn, will then generate incrementally greater BUSD rewards on a weekly basis.
The examples below are a simulation of $10m in total volume (not daily).
- 50b CPHR tokens NOT staked over a 6-month period
- 50b CPHR tokens @ $10m volume yields $531.25 BUSD in rewards
- 50b CPHR tokens staked over a 6-month period at estimated APY of 350%
- 225b CPHR tokens @ $10m volume yields $2,390.63 BUSD in rewards
- 100b CPHR tokens NOT staked over a 6-month period
- 100b CPHR tokens @ $10m volume yields $1,062.50 BUSD in rewards
- 100b CPHR tokens staked over a 6-month period at estimated APY of 350%
- 450b CPHR tokens @ $10m volume yields $4,597.36 BUSD in rewards
Gaming, Engagement, and Partnership Ecosystem
CPHR token will drive volume generation through the implementation of multiple utilities, starting with the Cypher Token Casino (Casino) which is already live and generating revenue for the project via raffles, slots, blackjack, and poker even before the project has launched! The raffles are already being utilized to form partnerships with other tokens to drive volume for both projects and grow the CPHR community. The Casino will scale-up incrementally over time to include approximately 100 games where players can deposit BUSD in exchange for gaming tokens to play the games (to withdraw the process is reversed).
In addition to the Casino, Cryptex and CypherHODL will be released at launch! Cryptex enables CPHR holders can wage their CPHR tokens to win more CPHR tokens by solving Cyphers within a fixed time limit (all waged CPHR tokens will be burnt!). CypherHODL is a ticket based utility where holders will be awarded tickets every time they buy and hold CPHR token (tickets will be lost if you sell within a set time period), and winners will be auto-selected via an algorithm at set time periods.
Multiple partnerships have already been established before launch, and many other utilities are already in development to drive volume, but of course we cannot tell you… we are a token based on encryption and mystery after all, so surely you cannot expect us to tell you everything we have planned…
Distribution of Cypher Tokens
- Token Name: Cypher Token (CPHR)
- Total Supply: 500,000,000,000,000
- Initial Burn: 300,000,000,000,000
- Circulating Supply: 200,000,000,000,000
- Tokens for Staking: 80,000,000,000,000
- Tokens for Community: 40,000,000,000,000
- Tokens for Presale: 25,000,000,000,000
- Tokens for Liquidity: 21,250,000,000,000
- Tokens for Private Sale: 12,500,000,000,000
- Team Tokens: 12,000,000,000,000
- Tokens for Strategy: 7,300,000,000,000
- Tokens for Board: 1,950,000,000,000
- Total: 200,000,000,000,000
Buy & Sell Transaction Fees
CPHR token works on an autonomous frictionless yield farming and liquidity generation protocol (low gas, faster blocks). CPHR is a Binance Smart Chain (BSC) deflationary BUSD reward token that strives to remediate volume challenges through the introduction of unique and strategic methods
CPHR by design is intended to by mysterious, including encryption and twists at every turn to lay the foundation a robust, scalable, and sustainable passive income ecosystem that consistently rewards its holders for their loyalty over time.
Initially, from the 19% tax, all CPHR holders will receive 17% BUSD rewards from every buy and sell. The remaining 2% tax will be split evenly between Marketing and the Liquidity Pool to ensure consistent global exposure and ensure a stable price floor to reduce volatility.
Although, the CPHR community will have the ability to change the tax structure on a weekly basis based on the sentiment of the community via a voting system similar to a DAO, giving the ability pivot dynamically during ever changing crypto market conditions.
Various measures have been implemented to ensure the following
- No holders will have a competitive advantage at launch
- There will be a maximum transaction limit of 200 billion implemented during the first 5 minutes of trading, this is to ensure everyone has a fair chance to get the best possible price at launch
- In addition, only 1 transaction can be made per wallet during the first 5 minutes of trading
- Sniper bots will be manually blacklisted at launch to ensure minimal impact to new holders
- A careful and strategic selection process has been applied for Board Members and Private sale participants for continuity, ensuring a solid price floor is maintained during the growth phase of the project, and as a preventative measure to ensure we never drop below launch price
- An initial 180-day PancakeSwap liquidity lock will be applied post launch, and will be revisited as the project grows and evolves
- Team tokens are already locked to ensure continuity
- Team tokens will not be vested, Team tokens will be moved to the staking pool prior to launch and will be locked for a period of 180 days, after that they will be blacklisted for a further 180 days
⦁ Road Map developed
⦁ Contract minted
⦁ Contract audited
⦁ Social Media accounts created
⦁ Darkpaper published
⦁ Cypher Casino launched (v1.0)
⦁ Presale announced
⦁ Regular doxed AMAs introduced
⦁ Contract launched on PancakeSwap
⦁ Staking pool live for launch
⦁ Two further utilities (minimum) deployed for launch
⦁ Aggressive marketing
⦁ Community and social media growth
⦁ Huge weekly token giveaways
⦁ Further ecosystem development and utility deployment
⦁ And of course many exciting things which we cannot tell you….we are a token based on encryption and mystery after all, so surely you cannot expect us to tell you everything we have planned...
Frequency Asked Questions
CPHR tokens are accrued in the reward pool and are distributed to holders once the threshold of 1 billion CPHR tokens has been achieved, there is no specific timing as distribution volume dependant.
No, there will be only one staking pool which will have a fixed duration of 180 days.
Yes, if you withdraw from the pool early you will be taxed a withdrawal fee of 15%.
No, you simply sign-up, exchange BUSD for gaming tokens and play, if you would like to withdraw, you reverse the process.
The presale max buy limit has been purposefully set low to give everyone a fair chance, and avoid that there are any whales before launch who could potentially damage the chart.
The initial burn was performed immediately after the contract was minted to reduce the circulating supply to 200 trillion. All token allocations were made post burn.
Yes, BUSD rewards will accumulate during the staking period and can be harvested on demand.