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CL8Y is a deflationary memecoin designed to fund open-source development and incentivize decentralized finance (DeFi) adoption. Created by the developer Ceramic, CL8Y allows projects leveraging his open-source blockchain tools to automate token purchases for liquidity and burns, ensuring continuous buy pressure while supporting ongoing development.
Launched on March 1, 2025, at 14:00 UTC, CL8Y has a fixed supply of 3,000,000 tokens and implements a no-buy-fee structure (except for an initial anti-sniping mechanism on Binance Smart Chain). At launch, 50% of the supply was allocated to TidalDex (BSC) liquidity, while the remaining 50% was held in Ceramic’s wallet for future project integrations.
CL8Y operates on Binance Smart Chain, with additional Terra Classic and P2B support. On BSC, a dynamic sell-burn mechanism starts at 30% and gradually reduces to 0.25% once the market cap exceeds $10 million, reinforcing deflationary scarcity. Terra Classic and P2B have no transaction fees. The Terra Classic launch is scheduled following the mainnet release of GarudaDex (GDEX).
DeFi projects integrating Ceramic’s open-source technologies sustain the token’s ecosystem. These projects conduct monthly CL8Y purchases for liquidity provisioning and token burns, aligning incentives between developers, users, and the broader DeFi community. CL8Y was distributed with no presales or private allocations, ensuring a fair launch.
More information is available through the official Telegram (t.me/ceramicliberty) and X (x.com/ceramictoken).
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