CatBoy (CTB) is a community-driven decentralized cryptocurrency on the Binance blockchain. As the whitepaper describes, CatBoy is the soulmate of CatGirl with enhanced strengths to function and rule the Binance Smart Chain (BSC).
CatBoy implements upgraded security mechanisms to help preserve the funds that users put in. Because the token aims to provide users with peace of mind, CatBoy conducts locking of liquidity using smart contracts for an extended time. CTB employs various anti-snipe and anti-bot measures for additional security of users’ funds.
CTB is the CatBoy token. It is primarily a BEP-20 token developed on the native BSC blockchain. The total supply of CTB tokens is 100,000,000,000. CTB tokens are developed by a core team of skilled professionals who have a thorough knowledge of the crypto space. CatBoy aims to ensure that all team members are entirely doxxed to prevent rug pull or scams. Rug pull refers to the malicious activities of abandoning a crypto project out of the blue, after developers disappear with the accumulated funds. CatBoy does not encourage additional minting of CTB tokens to maintain stability in the economy and value of the cryptocurrency.
The CTB token aims to enable users to reserve their funds in liquidity pools and earn higher revenues in exchange. CTB utilizes a reflection mechanism to award users for holding the tokens. The reflection mechanism implies that CTB incurs a transaction fee while a portion of the charges is redistributed as rewards and for other purposes. According to the whitepaper, 7% of the taxes are put into liquidity pools, 1% is reserved as rewards for token holders, and 3% each is added as funds toward marketing and buyback.