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Coinbread (BREAD) is a groundbreaking cryptocurrency designed to empower users by offering a unique way to earn rewards through its innovative mechanism. By holding this cryptocurrency, users can collect a portion of Bitcoin in the form of cbBTC, gaining real ownership of a digital asset effectively anchored in the world of finance through blockchain technology. Coinbread aims to combine cultural elements with reliable financial assets, providing users with an engaging and rewarding experience in the evolving digital currency landscape.
The coin operates under a robust set of tokenomics, with a total supply capped at one billion BREAD tokens. It automatically distributes 2% Bitcoin rewards to holders, ensuring that engagement with the token delivers tangible benefits. The liquidity pool is also supported by a substantial allocation of 80% of the supply, which has been permanently burned, fostering a secure and stable trading environment. Coinbread’s launch was entirely fair, with no allocation designated for teams or venture capitalists, promoting equal opportunity for all participants.
At the core of Coinbread is cbBTC, a token that represents Bitcoin on both the Ethereum and Base blockchains. Each cbBTC token is backed 1:1 by Bitcoin managed in custody by Coinbase, ensuring that the token’s value is firmly anchored to the underlying asset. This mechanism provides a trustworthy framework for users looking to engage with cryptocurrencies while enjoying the benefits of rewards and liquidity. Coinbread is positioned as a forward-thinking solution that connects users with the future of finance, fortified by solid assets in a digital-first world.
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