The native token of the Carib DAO is the CARIB token. CARIB enables an efficient, transparent, and secure ecosystem.
CARIB Tokenomics
100,000,000 (100m) Cap
Scarcity is built in to CARIB via the relatively low max cap on tokens. With only 100m tokens available, members become part of an exclusive club.
This cap can not be changed and is enforced by the CARIB token contract.
CARIB DAO Ecosystem
The CARIB Token provides access to a growing ecosystem built by DAO members. Each CARIB represents one vote on our proposal boards and enables the holder to access real-world benefits.
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Shared DAO Fees
Each CARIB transfer "reflects" a *2% fee to all holders, shared proportionally to the amount of CARIB held. This provides many benefits:
- Incentive to Hodl
- Deters spam
*2% transfer tax shared to holders.
Member-Owned & Locked Liquidity Pools
CARIB's initial distribution includes 27 member-owned liquidity pools with the following minimum requirements:
- PancakeSwap V3 LP
- LP locked for 5 years
- ~3M CARIB in each position
CARIB Audit(s) & KYC
The Carib DAO (CARIB) token contract has been audited and/or KYC done by the following: