CZRed on BNB Chain

Introducing CZRed (CZR): A New Arrival on the BNB Chain

Welcome to the detailed profile of CZRed (CZR), the latest addition to the BNB Chain. As an exciting new cryptocurrency token, CZRed (CZR) was launched with the intent to join the thriving BNB Chain ecosystem.

This token operates on the BNB Chain, an infrastructure that supports the creation and execution of decentralized applications (dApps) and allows users to transact in digital currencies seamlessly and securely.

At NewCoinHub, we provide up-to-date and comprehensive data about CZRed (CZR) including its current price, trading volume, liquidity status, and the number of holders. We also supply the official smart contract address, crucial for those interested in further exploration or investment.

Please note that the world of cryptocurrency can be volatile and unpredictable. We encourage all visitors to perform their own due diligence and research when considering investments. For the most accurate and recent data, continue to refer to this page, as we strive to update our information in real-time.

Read on to learn more about CZRed (CZR) and find answers to some frequently asked questions.

Token description

## What is CZRED (CZR)? CZRED is a suite of dapps delivering quality products to blockchain customers globally. Most products delivered by blockchain are designed to be "Buyer-Beware". Users are expected to do extensive due diligence before purchasing an appealing product. This due diligence is not realistic when addressing a global audience with limited English literacy. Of course, blockchain projects are aware of these issues and take actions to remedy them. However, the high costs of launching new tokens with liquidity force budgets to be allocated primarily towards marketing rather than to product quality. CZRED attempts to fix this issue through technologies allowing community vetted businesses to easily release both physical and digital products via blockchains with fully funded liquidity. The goal of the CZRED project is to increase the number of quality-controlled deliverables available to consumers through blockchain payments. CZodiac Defi investment bank provides liquidity for new products and services, including NFT games, project tokens, stable coins and others. CZR uses FairTribe's BurnPay technology which uses increases in locked liquidity to back issuance of CZUSD for staking rewards. CZR TribePools purchase CZRED project products and distributes to stakers proportionate to their CZRED stake. For CZRED stakers, this allows them to get a stream of interesting products. For businesses, TribePools create automatic demand for their products with minimal marketing expenditure. The CZRED project has the following released features, with more to come: * Partnerships to deliver quality products globally via the FairTribe program. * CZR Staking and Rewards from FairTribe partners on [cz.farm](https://cz.farm). * DEX Frontend routing for FairTribe partners and CZR trading on [cz.cash](https://cz.farm). * CZUSD stablecoin for scaling liquidity of CZR and FairTribe partner tokens. * Staking Fee Removal with collectible NFTs from [bad.rabbitcatch.com](https://bad.rabbitcatch.com). ## How Many CZR Tokens Are There In Circulation? CZR launched its token on November 25, 2022 with 450,000 CZR tokens. 88% of the CZR supply was distributed via BurnPool staking rewards over 90 days. 12% was allocated to an initial liquidity pool on Pancakeswap, paired with 100,000 CZUSD at $1 and tradeable on cz.cash. CZR has a 9% burn and a 1% tax on DEX trades. Standard transfers do not have any fees. The 9% burn uses the FairTribe BurnPay technology to utilize increased locked CZUSD in liquidity to purchase products from FairTribe partners and distribute them to CZR stakers on [cz.farm](https://cz.farm). The 1% tax is rewards for NFT stakers to the initial community from 2021 that CZRED was born out of. ## Who Are The Founders Of CZRED? CZRED is a creation of the CZodiac community. After the initial team members behind CZodiac abandoned the project, the community rallied behind the lead developer pseudonymously known as Plastic Digits who has over 5 years of experience in blockchain programming. CZRED is the culmination of the community's discussion about the issues facing the growth of the blockchain space. As the CZRED community is multilingual and global, many of its members face issues with conducting due diligence on the wide variety of complex blockchain products in existence. ## Where Can I Buy CZRED? CZRED is available for trading on a growing number of both centralized and decentralized exchanges. [Coinsbit](https://coinsbit.io/trade_classic/CZR_USDT) provides the best experience for persons looking to trade CZR on a centralized exchange. [CZ.Cash](https://cz/cash) is the recommended DEX to trade CZR and provides a fully custodianless experience.