The Big Picture
CMX Coin operates as a fully self-contained on-chain economic protocol within the ClubMOS Blockchain ecosystem.
The protocol architecture is powered by three coordinated smart contracts:
CMXStorage — maintains all protocol state and participant records
CMXTrade — executes all acquisition and exit logic
CMXRewards — manages incentive distribution and allocation pools
User actions never interact with a single contract in isolation.
Every acquisition, sale, and claim transaction triggers synchronized execution across all protocol contracts.
The system is fully autonomous.
No manual intervention is required except the scheduled 24-hour Performance Allocation distribution trigger.
Phase 1 — Protocol Entry (Acquisition Flow)
A wallet enters the protocol when it:
• Sends BNB to the protocol trade contract via its access link, or
• Receives a CMX allocation transferred from another participant
Step 1 — Transaction Validation
The protocol verifies:
• Wallet has not previously activated
• BNB value within bounds (0.3 BNB minimum)
• Presale remains active
• Sufficient CMX supply remains
If any condition fails, the transaction reverts completely.
Step 2 — Programmatic Price Calculation
The protocol determines the exact CMX allocation for the incoming BNB.
Pricing operates through fixed bonding-curve batches.
Batch structure:
3,150 CMX per batch
If an acquisition crosses batch boundaries:
• Price increments per completed batch
• Allocation calculated proportionally
The buyer receives a blended CMX amount reflecting exact batch pricing.
All calculations execute atomically within the transaction.
Step 3 — Protocol Registration
The wallet becomes registered in CMXStorage.
Stored protocol data:
• Access link source
• Entry tier
• Activation state
Entry tier determines:
• Sell cooldown duration
• Sell tax rate
This state is immutable.
Step 4 — CMX Allocation
The calculated CMX balance is credited to the wallet.
BNB payment recorded in protocol accounting state.
Step 5 — Price & Tier Advancement
After each acquisition:
• Total tokens sold increases
• Batch cursor advances
If:
3,150 CMX sold → price increments
2.5 million CMX sold → tier advances
Both operations execute atomically.
Step 6 — BNB Allocation Distribution
Each BNB acquisition is distributed immediately within the same transaction.
Direct Wallet Allocation — 25%
Administrative Operations — 7%
Infrastructure & Technical Development — 5%
Marketing & Ecosystem Expansion — 13%
Liquidity Allocation — 53%
Allocated to protocol liquidity infrastructure, ensuring sustainable market depth.
Incentive Allocation — 22%
Forwarded to CMXRewards, distributed across:
• Network Incentive Allocation Pool — 15%
• Tier Allocation Pool — 6%
• Performance Allocation Pool — 1%
These pools power the protocol’s participation incentive architecture.
Step 7 — Network Incentive Distribution Walk
The protocol traverses up to 15 participation depths.
At each depth:
• Protocol level verified
• Eligible BNB incentives credited
Depth 1 additionally receives:
2.5% CMX (locked)
Network metrics updated:
• Network activity volume
• Active node count
• Daily protocol activity
Step 8 — Protocol Level Evaluation
Following network updates, the protocol evaluates:
• Direct activations
• Qualified node count
• Aggregate network volume
If thresholds are met:
Protocol Level upgrade executes automatically.
No manual action required.
Step 9 — Presale Completion
If total tokens sold equals the presale supply:
• Presale finalized
• Further acquisitions disabled
Phase 2 — Active Protocol Participation
Once activated, a wallet participates in four ongoing incentive mechanisms.
Network Incentive Allocation
BNB accumulates when:
• Direct activations occur
• Network activity occurs within eligible protocol depth
Participation depth expands as Protocol Level increases.
Allocation accumulates passively.
Tier Allocation Pool
Funded through protocol purchase allocation.
Eligibility:
Protocol Level 2 and above
Distribution:
Level 2 → 1% share
Level 3 → 2% share
Level 4 → 3% share
Executed on defined distribution cycles.
Funded through protocol purchase allocation.
Every 24 hours:
Top participants ranked by Network Incentive Allocation performance
Rewards distributed proportionally.
Execution occurs automatically.
Holder Stability Pool
Funded by 30% of sell tax.
Eligibility:
• Active wallet
• No CMX sell history
Distribution proportional to CMX holdings.
Claimable once per day.
Eligibility permanently removed after first sell.
Phase 3 — Incentive Claims
Four claim mechanisms exist.
Network Incentive Claim
Available once per calendar day.
Entire pending balance transferred.
Balance resets after claim.
Tier Allocation Claim
Available for Level 2+ participants.
Calculated as percentage of current tier pool balance.
Maximum 3% pool cap per claim.
Executed automatically.
No manual claim required.
Holder Pool Claim
Claimable once per day.
Share determined by CMX holdings.
Disabled permanently after any sell transaction.
Phase 4 — CMX Exit Mechanism
Step 1 — Sell Eligibility Validation
Protocol verifies:
• Wallet active
• Cooldown expired
• No sale executed within current day
• Sell amount ≤ 1% of CMX holdings
All conditions must pass.
Step 2 — Gross Value Calculation
Gross value determined by:
Gross BNB = CMX × Current Protocol Price
Internal liquidity must fully cover the value.
Otherwise the transaction reverts.
Step 3 — Sell Tax Calculation
Sell tax structure:
Tier 0 → 30%
Tax decreases 1.5% per tier
Minimum floor:
3%
Tier determined by entry tier at activation.
Step 4 — Protocol State Update
After execution:
• CMX debited
• Total tokens sold decreases
• Batch cursor moves backward
• Price decrements if batch boundary crossed
• Tier recalculated
Wallet marked as seller.
Holder Pool eligibility permanently revoked.
Step 5 — Sell Tax Allocation
Sell tax distribution:
50% → Liquidity Pool
40% → Holder Stability Pool
10% → Marketing Wallet
Step 6 — Net Payment
Seller receives:
Gross Value − Sell Tax
Paid immediately within the same transaction.
Protocol Price Discovery
CMX pricing operates through a fully algorithmic supply-driven model.
Starting price:
~1 BNB = 525 CMX
Batch cursor begins at zero.
Buy-Side Pricing
Every 3,150 CMX acquired:
• Batch resets
• Protocol price increases
Multi-batch acquisitions calculated proportionally.
Sell-Side Pricing
Every 3,150 CMX sold back:
• Batch cursor reverses
• Protocol price decreases
Ensures symmetric price discovery.
Upward Price Pressure
• Network expansion
• New protocol activations
• Increased transaction volume
Downward Price Pressure
• Net sell pressure
Mitigated through:
• 1% daily sell limit
• Cooldown enforcement
Tier Architecture
Total presale supply:
50,000,000 CMX
Divided into:
20 tiers
Each tier:
2.5 million CMX
Tier influences:
• Sell tax rate
• Cooldown duration
Tier permanently recorded at activation.
Liquidity Protection Layer
Internal liquidity pool:
Receives:
• 53% of acquisitions
• 50% of sell tax
Provides structured sell-side liquidity.
Sell caps and tax recirculation prevent sudden liquidity depletion.
Protocol Execution Flow
Acquisition:
User → CMXTrade → CMXStorage → CMXRewards
Exit:
User → CMXTrade → CMXStorage → Tax Allocation
Claim:
User → CMXRewards → Transfer
All execution is atomic.
All state is deterministic.
No human trust required.
Protocol Level System
Levels range from 0 to 4.
Calculated automatically by smart contracts.
Default entry level.
Depth 1 incentive:
2.5% BNB + 2.5% CMX
Requirements:
• 5 direct activations
• 10 qualified nodes
• 10 BNB network volume
Unlocks Depth 2–5 incentives.
Requirements:
• 10 direct activations
• 50 nodes
• 20 BNB network volume
Unlocks Depth 6–10 incentives.
Grants 1% Tier Allocation share.
Requirements:
• 20 direct activations
• 250 nodes
• 100 BNB network volume
Unlocks Depth 11–15 incentives.
Grants 2% Tier Allocation share.
Requirements:
• 25 direct activations
• 1,000 nodes
• 200 BNB network volume
Maximum depth eligibility.
Grants 3% Tier Allocation share.
Eligible for Performance Allocation rewards.
All allocations, price movements, tier transitions, and protocol level upgrades are executed through immutable smart contracts.
There is:
• No discretionary authority
• No manual overrides
• No centralized control
The CMX Protocol operates as a fully autonomous on-chain economic system.