> For the complete documentation index, see [llms.txt](https://docs.cbeggs.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.cbeggs.finance/tokenomics.md).

# Tokenomics

<figure><img src="/files/3e74Z62TRL1HfnmkEQkW" alt="" width="125"><figcaption><p>cbEGGS Token</p></figcaption></figure>

Token Details

* **Ticker:** cbEGGS
* **Chain:** BASE
* **Max Total Supply:** 1T
* Deflationary
* Contract address: [0xddbabe113c376f51e5817242871879353098c296](https://basescan.org/token/0xddbabe113c376f51e5817242871879353098c296)

#### Description

* **Backed by ETH**\
  Every cbEGGS token is secured by ETH tokens locked in the smart contract, ensuring real, liquid value behind each one.
* **Ever-Increasing Value:**\
  Thanks to the smart burning mechanisms and fee accumulation, the ETH backing per cbEGGS can only increase, making each token more valuable over time (in ETH).
* **Arbitrage opportunities:**\
  cbEGGS tokens can be traded on decentralized exchanges, independent of the protocol’s smart contract. This setup can sometimes create price differences between the smart contract and the DEX, offering thrilling arbitrage opportunities for savvy traders.