Celestial Token (CELES)

CELES Token

Contract Address: 0x02914c7d3fe7af0d5506c338074b042ac00a327a

Name: Celestial Token

Ticker: CELES

Decimals: 18

Max Supply: 40.000.000 (Controlled by burning mechanism)

CELES Minting

Emission rate:

Daily mint amount: 28800

Reason of this is:

• When Block Reward is 1, 1 Celes is produced in 3 seconds, so the daily production amount is 28800. This ratio is distributed among Farms and Pools as a prize with given coefficient..

• In addition, the masterchef produces an additional 10%, ie 2880 Celes, which the project can use.

Deposit Fees

The deposit fee (4%) is reserved as follows:

30% of it is reserved for the market expenses.

70% of it is reserved for;

• 80% to the developer and other employees

• 10% General project expenses (server etc.)

• 10% Consulting

50% of the daily minted CELES (2880 a stated in first section.) are reserved for the projects marketing/listing expenses.

The other 50% is collected to be burned on the last day of the week for reducing the inflation rate.

The team will never sell their own tokens. Every expenditure made, especially marketing agreements, are presented to the community in a transparent manner, every expenditure made and wallet transactions are clearly visible and traceable on the blockchain.

If the budget accumulated in marketing accounts is not used for a certain period of time, the team buysback CELES with them and the received CELES will be burned.

In order to prevent pump & dump events, the date of the extra burning will be announced public with a transaction id after the burn. Burning will take place at the less active hours of the community.