CodexToken

CODEX Price Live Data

What Is CDO.Finance?

CDO.Finance is the first yield farming protocol on the Binance Smart Chain (BSC) to offer structured derivative products that offers adjustments in yield leverage and risk exposure.

CODEX is the native utility token that is used for future governance voting purposes in future phases of the project. CODEX will also capture the economic gains of the system where fees generated from risk tranching activities will be stored in a treasury wallet for token buybacks will be performed in the future. Community consensus will also be sought to decide on future changes in the utility of the token.

How Many CODEX Coins Are There in Circulation?

CODEX will be gradually released over the span of 164 weeks, with a decaying emission schedule of approximately 3% every 4 weeks. In other words, 3% less tokens will be distributed in each subsequent period, for a predictable and gradual inflation rate. CODEX distribution stops at week 168 and no more tokens will be created.

To maintain steady liquidity and price stability for CODEX tokens, especially during initial launch phases, 20% of all token rewards will be available to be claimed immediately, while 80% of the tokens will be locked for 3 months and then released.

Token total supply of 18 million tokens to be distributed as follows: (a) 14.4 million (80%): Fair Launch Distribution (For users that participate in the pools in platform) (b) 2.7 million (15%): Development Fund (c) 0.9 million (5%): Warchest (tokens to be minted as required, no lock-in period)