2021-07-01 21:38:54
Dear Chihua Army,
Upon deploying the last piece of our ecosystem, $Chipup, we received a lot of feedback from the community, and we do appreciate your ideas.
We will publish a paper and a medium post about the $Chihua ecosystem altogether, including tokenomics, launchers, use-cases, NFTs, etc.
Before publishing the paper, we want to briefly share what we have so far for our community to discuss. We will collect your feedback to perfect our system constantly as we want everything to be as transparent as possible.
Here is the summary:
Chihua:
Tokenomic:
Total Supply: 490 Trillion
Token burnt: https://etherscan.io/tx/0x327339f4cb598f405b04130e6840b947e39ae65f584add6ffa79c51f0cc8ae1a
Liquidity has been burnt: https://etherscan.io/tx/0xa925d195bbedd031867fd643952d82f7f1e7e2cfcb557db983532a590698288f
Fair Launch, no devs wallet
No fees per transaction
1% tokens are for marketing
20 billions Chihua hodlr will access to Launcher group
Chimom:
Total Supply: 490 Trillion
Was airdropped 1:1 to Chihua Hodlr
No devs wallet
Hodling Chimom will get $Chipup
Can be traded on PCS or Spark
Chipup:
Total supply: 1 Million
$Chipup is distributed based on on-chain staking technology of $Chimom, $Chihua, and other tokens. The counting is constantly counted over time on-chain. You only need to hodl $Chimom and $Chihua in your wallet.
$Chipup tokens are deflationary. A total of two hundred thousand $Chipup will be distributed every year. Once it is used (for example, buy NFTs), the token won't be recovered. Distribution of $Chipup is for four years (800k tokens)
200k $Chipup will be used for rewards and listing. There is no $Chipup listing at the moment.
Parameter of distributing $Chipup (open for discussion)
Keep in mind the devs and team have thoroughly discussed and considered all the options before applying the current parameters. However, we will also take into our community's suggestions. Feel free to let us know what you want it to be.
CHIHUA Main multiplier → see https://docs.google.com/spreadsheets/d/1TzI5ndbIuUDnQ-GL7R2lsVDdmHGOFnFYOedeLOYNCEA/edit#gid=0 logarithmic increase afterwards
EBOX +10% for >= 5k EBOX (on-chain staking partner)
DDIM/DUCK +10% for >= 200 DDIM / 20k DUCK (main partner)
CHIMOM Spark-LP +25% for >= 33 bill. CHIMOM in liquidity (only applied to tokens in LP, not entire wallet)
CHIMOM PCS-LP +25% for >= 33 bill. CHIMOM in liquidity (only applied to tokens in LP, not entire wallet)
Minimum Chimom to receive Chipup is >= 33 billion (keep it as of right now)
Long-term holder bonus:
Month 2: +10%
Month 3: +15%
Month 4: +20%
Month 5: +25%
Month 6: +30%
Month 7: +35%
Month 8: +40%
Month 9: +50%
Month 10: +65%
Month 11: +80%
Month 12: +100%
601 views18:38
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