# Tokenomics

### Tokens

### CYB Token

The **CYB token** is the utility and governance token of Cyberperp, offering a variety of benefits to its holders.

You can find the CYB token on the **Trade** page under the **Swap** tab.

* **Contract address** of CYB token: `0xBc51E6807F31C3E4E21Df7fB8e4F94a500D27E8b`

By pairing **CYB** with **IOTA** and staking the liquidity pair (LP), users will earn **CYB** and **escrowed CYB (esCYB) tokens** as yield.

#### esCYB Token

The **esCYB token** is the escrowed version of the CYB token. It can be fully **unvested over a 90-day** period.

* **Contract address** of esCYB token: `0x454F1f36d0D8C170d6bd884a2713496c2474b6f4`

To learn more about vesting the esCYB token, visit the [**Earn section**](https://docs.cyberperp.io/cyberperp/earn#vesting).

### cyberLP

The **cyberLP token** is the liquidity token of the Cyberperp protocol, comprised of **IOTA**, **ETH**, and **USDT**. Its value is determined by both the value of the assets it consists of and the ratio of those assets within the liquidity pool. Additionally, the overall price of cyberLP is influenced by the total amount of assets in the pool.

As users trade and swap tokens on Cyberperp, the asset balances within the pool fluctuate. This dynamic nature of the pool means that cyberLP's value constantly shifts based on the market activity of these assets.

#### Impact of Trading on cyberLP

The cyberLP pool plays an important role in handling the outcomes of traders' positions:

* When a trader **makes a profit** on a position, assets are withdrawn from the pool and paid to the trader, which may reduce the total value of cyberLP.
* Conversely, when a trader **loses money** on a position, the assets they forfeited are added to the pool, increasing both the total amount of assets and the value of cyberLP.

In essence, the value of cyberLP is a direct reflection of the pool's balance, which evolves in real time based on trading activity. This ensures that cyberLP holders are exposed to the broader performance of the assets within the pool and the trading outcomes on the platform.

Users can purchase **cyberLP** using any asset supported by the **cyberLP** pool and burn it to redeem any pool asset.

**cyberLP** can be purchased with IOTA, ETH and USDT.

### Treasury

The **treasury** plays a crucial role in maintaining **cyberLP liquidity** and ensuring a consistent flow of **IOTA returns** for every staked CYB-IOTA liquidity provider (LP).

If the ratio of the treasury to the total supply of CYB falls below the market price, the treasury may be used to **buy back and burn CYB tokens**. This mechanism helps establish a minimum price for CYB in terms of IOTA and cyberLP, ensuring price stability and market confidence.

Additionally, the protocol owns and provides **CYB-IOTA liquidity**, and the fees generated from this trading pair are converted into **cyberLP tokens** and placed into the treasury. This strategy strengthens the overall liquidity of the platform while reinforcing the value of cyberLP and CYB for the community.

### Supply

The **CYB token supply** will be available for viewing on the **Dashboard** after the Cyberperp token launch.

The increase in circulating supply will depend on the number of **vested tokens** and the allocation for **marketing and partnerships**. The **maximum supply** is projected to be **10 million CYB tokens**.

#### Planned Token Distribution

The distribution of CYB tokens is as follows:

* **25%** allocated for Marketing and Collaboration.
* **5%** reserved for Airdrops.
* **55%** designated for the Cyberperp Treasury, which will be used for fundraising initiatives, protocol-owned liquidity, and rewarding community contributors. All Treasury expenditures will be transparent and shared with the community.
* **15%** allocated to the team, with a **linear vesting schedule** over **12 months**.

<table><thead><tr><th width="146">Share, %</th><th>Share assigned to</th></tr></thead><tbody><tr><td>25</td><td>Marketing and collaboration</td></tr><tr><td>5</td><td>Airdrop</td></tr><tr><td>55</td><td>Cyberperp Treasury: supplying liquidity, liquidity incentives, NFT sale</td></tr><tr><td>15</td><td>Team</td></tr></tbody></table>

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