Review on CYBR Token by Emmanuel Ogbodo
Cyber token reward to holders and investors
cyber token is an Erc20 token and can also be use for trading. Cyber token is also know as cybertrade token,in common with other defi project cybertrade will offer token holders a guaranteed rate of return as a reward for staking cybertoken. To cover blockchain transaction fees and other blockchain computation or storage cost,traders will be obliged to pay for gas using cyber token. Cyber token are offered in highly favourable price bands, depending upon the initial investment of the consumer. Cyber token are not mintable meaning that the maximum of 260m cyber token can never be exceeded. Also cyber trade investors can propose loan financing proposal to cyber trade.the utility of cyber token arises from a staking mechanism for cyber token holders who wish to be rewarded by taking their cyber tokens out of circulation by staking them to receive guaranteed return of percentage of additional cyber tokens every year.
Pros
- Holders will be rewarded for staking cyber token
- Cyber tokens are offered in highly favourable price
Cons
- Traders pay for gas fee
