FAQs
Frequently asked questions
Where can I buy $CELL?
You can buy $Cell at the following exchanges, with more on the way.
Uniswap: https://app.uniswap.org/#/swap?inputCurrency=0x26c8afbbfe1ebaca03c2bb082e69d0476bffe099
Pancakeswap: https://pancakeswap.finance/swap?outputCurrency=0xf3e1449ddb6b218da2c9463d4594ceccc8934346
Gate.io: https://www.gate.io/trade/CELL_USDT
BKEX: https://www.bkex.com/#/trade/CELL_USDT
What is the total supply of $CELL?
The total supply is 30,300,300 $Cell. Out of this 28.7 Million tokens are in circulation. 565k tokens were burned. The rest are team tokens, which are used to funds salaries, taxes and other projects.
What happened to seed and private investors involved in the project?
VCs involved early in the project were distributed their share of tokens before the due vesting schedule and are already out.
Is the token deflationary? I notice there is some burning factored into the supply.
The token is not deflationary. 565,000 tokens were burned a while back. However, no more token burns are in plans in the coming future.
With almost all $Cell already in circulation, how do stakers earn rewards?
For single-sided staking after mainnet, the rewards will come from transaction fees generated from service providers and therefore, will depend upon network usage.
Who are partners of Cellframe?
KelVPN, MobiFi, Raze Network, Router Protocol, Jigstack, ZKChaos, Union, Meter, Aztec, Razor Network, Plutos Network, Glitch Protocol, OutofSpace, Api3, Finstreet and Sommelier Finance.
What are the rewards for running a node?
The profit from launching a node is that you can provide a service and earn on it. The validator provides some service: content delivery network, streaming platform, dedicated messenger, storage, cloud system, IoT hub, etc. The customer pays for the service by performing a transaction. The taxes are levying from each transaction: the service author receives the author's fee and the network fee goes to the network development fund in which the transaction is carried out. The amount of fees is determined by the authors of the service and the owners of the network respectively.
When the main net is launched will tokens still remain on BSC / Eth chains or will we be able to migrate to Cellframe network?
Manual migration will be possible using our bridge.
Where can I store my CELL tokens?
You can store your Eth and BSC CELL tokens at any CEX or wallet that supports ERC20 or BEP20 protocols. You can store your migrated $CELL on the native Cellframe Network and access them using Cellframe Dashboard. We are also planning to eventually create our own hardware wallet and partner up with reputable existing cold wallets.
What are the use cases of $CELL?
CELL tokens can be used for bidding on your favorite projects participating in parachain auctions. If the project you bid on wins the auction, your delegated $CELL tokens are locked for a prespecified duration that project occupies the CellSlot. In exchange for supporting them during the auctions, you receive your project’s tokens. Using CF20 $CELL, you will also be able to participate in single-sided staking, run a node and pay for different services that will be launched on Cellframe Network. Every transaction on Cellframe Network will incur a small fee which will be paid in $CELL.
What blockchain Layer of Cellframe is? I am confused whether Cellframe is more of a Layer-1 or a Layer-0, or is it a scaling solution like a Layer-2?
Cellframe is a service oriented blockchain platform. Many different services could be build on Cellframe e.g. another blockchain, VPN, streaming services and many other products. This means that Cellframe could be used for every Layer. It’s a white usage SDK. Layer zero (Network Category Layer) is interoperability usage: peer-to-peer mesh network. Layer one (Fundamental Layer) is basic usage. The cryptographic protocols: ChaCha20 (SALSA2012), MSrln & SIDH, Keccak, CRYSTALS-DILITHIUM, RingCT2.0. Layer two (Execution Layer) is something underlying and specific. Layer three (Applications Layer) is our t-dApp from the t-dApps library.
What is the difference between dApps and t-dApps?
The main difference between dApps and t-dApps is that the first has a dedicated execution of some code owned by a single addresse. It means that there is one address and one wallet, through which pass all the funds. For example, if this address which represents a single point of vulnerability is hacked, all these funds can be stolen. t-dApps on the contrary have no such address/es. t-dApps are not smart contracts. These are service plugins that could be run by any node. And if you run this plugin you collect all this profit to yourself (excluding the network fee and author fee).
If I want to launch my own t-dApp, should I run a node or have my own parachain?
You don’t always need to have your own parachain for launching a t-dapp. But parachains come in handy in certain specific scenarios, because they have the capacity to execute a larger number of transactions simultaneously. Moreover, parachains have the ability to decide the transaction fees (high, low or none) at their discretion. For example, if you have some service that holds non-financial data that you need to communicate, and you expect multiple transactions simultaneously, the best solution is to run your own parachain.
What is the $CELL contract address?
The native token has no smart contract address; it has a datum hash and ticker name. Ticker name is unique and can’t be repeated by scammers, so in the native network, it’s enough to check just the name.
The smart contracts for $CELL over other networks are:
ERC-20: 0x26c8afbbfe1ebaca03c2bb082e69d0476bffe099
BEP-20: 0xf3e1449ddb6b218da2c9463d4594ceccc8934346