🖨️Background

Welcome to Core Nodes

Core Nodes is divided into two separate projects on the Avalanche network:

• CORE - Innovative reflection token; and

• CORES - Nodes-as-a-service

Our vision is to offer investors the ability to generate sustainable passive income for themselves in multiple ways. Returns are available to holders in a number of ways. Passive volume-driven income is available to all holders through USDC reflections on CORE. Meanwhile capital appreciation for our holders will be executed through buybacks and marketing from treasury funds. Above all else, we want returns to be sustainable. This sustainability is a central theme in our project ethos. In this space, the power of a project lies in its community. This is why we are launching CORE initially and bringing the community on the journey with us as we launch a follow-up project in the form of CORES, which is our upcoming Nodes-as-a-service project slated for launch in March 2022.

CORE is more than just an innovative reflection token. CORE holders will be incentivised to hold CORE as the top 50 holders on launch date announcement will be rewarded with a free CORES node!

CORE will launch first, followed by CORES!

CORE

Background

CORE is an innovative reflection token built on the Avalanche network.

As discerning degen investors ourselves, we have often been turned off by pump and dump reflection tokens with 18% buy-tax and 18% sell-tax. We aim to lower the barrier to entry for newcomers, drive elevated trading volumes and sustainable USDC.e returns by reducing these taxes.

CORE will have a 0% buy tax and 10% sell tax, distributed as follows: - 6% USDC.e rewards for holders; and - 4% to treasury, marketing and CORES development.

CORE holders receive the benefit of reflection rewards by holding CORE in their wallet. 6% of every sell transaction is sent back to the contract to then be converted to USDC.e, and paid out to holders as volume thresholds are met or claimed manually (refer to "How To Claim Rewards").

Launch Details

CORE will stealth launch on TraderJoe exchange in early March 2022, shortly after the release of this Whitepaper.

No Whitelist or early access.

Contract details will be shared on Discord and Twitter and liquidity locked immediately after launch. Max transaction and wallet restrictions will apply on launch, but will be scaled back over time.

CORES

Background

CORES is our sustainable NaaS protocol, aimed at rewarding early adopters and CORE holders. Rewards will be underpinned by treasury investments as voted on by our community, and our innovative video streaming service.

• Node price: 10 Tokens per Node

• Reward rate: 0.1 Token reward every 24 hours

• Top 50 CORE holders will be rewarded with a CORES node

More information will be available very soon, so watch this space!