INDUSTRY
CALLERS
TRADERS
ABOUT
PROTECTING__TRADERS__AND ADMINISTRATORS OF DEGEN & CALL CHANNELS FROM SCAMS
HOW IT WORKS
CIF - A Fund created to Protect Traders and Administrators of degen & call channels from scams (honeypots, rug pulls, 99% tax).
01
If a Trader is scammed, they will file a request via one of our approved channels. After we verify that the membership of the requesting wallet is current, and that the call came from a CIF approved member channel, we will refund the funds to the wallet that filed the request.
We will maintain a database on our website and social media of degen and call channels that are members of CIF, as well as a database of traders wallets that are CIF members.
BE SAFE ON
BENEFITS TO TRADERS
  • Traders are able to eliminate the risk associated with participating in a launch that comes from our participating member degen and call channels.

  • In the case that a trader participates in a scam launch, their payout will equal their loss (including gas fees) up to .5 BNB per participating wallet.
02
02
  • 0.1 BNB equivalent per month (for 1 wallet, up to 100 covered transactions - launch participations from approved member degen and call channels).
COST TO TRADERS
BENEFITS TO CALLERS
  • Callers of degen and call channels that are paying monthly members of CIF are able to advertise that their channel is protected by CIF from the scams mentioned above.

  • Subsequently, these callers in the event of a scam launch do not need to put in a significant time investment and their own funds into tracking down and paying refund requests as this will be handled by CIF.
03
03
  • 1 BNB equivalent per caller channel per month per 100 calls (i.e. if a caller has a telegram channel and a twitter channel for calls these are considered two separate channels)
COST TO TRADERS
  • We will share a list of members who have requested refunds with the caller to avoid the scenario of duplicate refunds from CIF and the caller (in the case that the trader is not a member of CIF and reaches out to the caller for a refund, or the other scenario could be that the member trader reaches out to a caller as if they are not a member - there the caller will share the wallet addresses requesting refunds with CIF to confirm membership status and eligibility for a refund)

  • This allows the caller with time to slowly push all traders toward CIF and will at that point leave the responsibility for all refunds with CIF.