Coin Forest

Coin Forest (CFRST) embarks on its journey with a fair launch on the 24th of March, ensuring a fully decentralized platform free from pre-sales. This innovative cryptocurrency token introduces staking capabilities, offering a compelling 20% annual reward for users, with a minimum stake period of 100 days. Designed to serve as a utility token for transportation management software and various technologies, CFRST integrates seamlessly into the digital ecosystem.

In a move to enhance its economic model, Coin Forest will implement a 2% burn fee on all sell transactions, effectively reducing the total supply with each sale. This mechanism not only encourages holding but also adds a unique twist to staking rewards; the burned tokens are repurposed into the staking pool, from which stakers are rewarded with newly minted tokens. This dynamic ensures a continuous cycle of burning and minting until the maximum supply cap of 5 billion CFRST is reached, after which no new tokens will be minted. The burn mechanism is designed to incrementally decrease the total supply, maintaining a balanced and sustainable token economy as it progresses towards its maximum supply limit.

The initial supply at launch is set at 1 billion CFRST, paired with BUSD to provide liquidity. This liquidity will be locked for an extended period of 20 years, underlining the project's commitment to security and long-term viability. By excluding team allocations and extra reserves, Coin Forest guarantees that all tokens are available for circulation right from the start, embodying the principles of transparency and true decentralization. With no single entity in control, Coin Forest is poised to revolutionize the blockchain space by offering a token that is truly by the community, for the community.