Ethereum
Chimpzee Expands Reach: Launching on Solana While Continuing Commitment to Ethereum
On the Solana blockchain, Chimpzee, a crypto project dedicated to environmental sustainability, is set to launch this fall.
This calculated action aims to maintain the organization’s primary objective, namely the preservation of the environment, while improving accessibility and user involvement.
With this new launch, Chimpzee will reach a wider audience without replacing its current presence on the Ethereum network.
Chimpzee Expands Presence on Solana Blockchain
The introduction of Chimze on the Solana blockchain will take place in early fall, shortly after North American Labor Day in September.
This launch will include the creation of new CHMPZ tokens on Solana.
It is important to note that the total circulating supply of CHMPZ will remain unchanged, as an equal amount of tokens will be burned on the Ethereum chain. This approach ensures a balanced supply on both platforms.
Chimpzee is focused on launching on Solana and will be available on one of the largest crypto chains.
Here are some answers to questions we received
➡️The Solana chain will increase the reach of Chimpzee and will not replace Ethereum.
➡️ The number of new tokens created on…
— Official Chimpzee Project (@RealChimpzee) June 28, 2024
Chimpzee will also introduce new staking opportunities for the Solana token CHMPZ. While NFT passports will remain exclusive to the Ethereum network, other NFTs with different functionalities could be introduced on Solana in the future.
Additionally, the Solana CHMPZ token will be available on a leading decentralized exchange (DEX) on the Solana network.
Chimpzee is deeply committed to environmental sustainability. 10% of the project’s tokens are dedicated to funding international animal rescue efforts. This dedication underscores Chimpzee’s goal to truly help vulnerable creatures and their environment.
In a continued effort to preserve the environment and the creatures we share it with, Chimpzee will reveal next month the next charity it intends to sponsor.
New Staking Opportunities for CHMPZ Tokens on Solana
The CHMPZ cryptocurrency is the central component of the Chimpzee ecosystem. This local cryptocurrency facilitates contributions to environmental initiatives, rewards and transactions. It is essential to the initiatives and operation of the platform.
Chimpzee introduces NFT Passport Staking, a brand new idea that allows users to earn rewards by staking their NFT passports.
This feature combines the financial benefits of staking with the digital collectible nature of NFTs to promote long-term commitment to the project’s goals and active involvement.
Chimpzee stands out from other cryptocurrencies by emphasizing community involvement and environmental sustainability.
By linking monetary rewards to observable ecological consequences, it motivates a new generation of environmentally conscious people and institutions.
The platform offers innovative ways to encourage participation, such as rewarding users with CHMPZ tokens for various activities.
This unique incentive structure drives user engagement and adoption within its ecosystem, potentially generating long-term growth and sustainability.
Chimpzee’s Commitment to Environmental Sustainability
Chimpzee is also implementing a strategic token burn mechanism to reduce the overall supply of CHMPZ, potentially increasing demand and increasing its value in the long term.
The NFT Passport staking program offers a range of annual percentage yields (APYs), with the Diamond NFT Passport offering the highest at 20%, and the Bronze Passport offering 10%. The middle tiers Gold and Silver offer 18% and 15% APY, respectively.
Community members who support Chimpzee’s initiatives to protect animals and the environment are rewarded. Only NFT passport holders are eligible to win; two grand prizes of $10,000 are available.
Prizes range from $500 to $10,000 for different holder levels. The exact date of the draw will be announced at a later date, but it is expected to take place in September or October of this year.
Chimpzee NFT Passport holders can earn passive income by staking their NFTs on the platform. Users purchase the NFTs through the Chimpzee website and connect their cryptocurrency wallets.
Holding and securely managing the NFT Passport allows users to receive staking rewards. These rewards are automatically credited to their wallets and can be claimed at any time.
Earn rewards and support the planet with Chimpzee NFT Passport staking
Staying informed about Chimpzee announcements allows users to benefit from promotions and bonuses.
The grand prize of 10,000 USDT is a significant incentive for the community. Chimpzee’s expansion to the Solana blockchain improves accessibility and user engagement. This milestone maintains the project’s core commitment to environmental sustainability.
Chimpzee offers unique features and benefits to environmentally conscious individuals and organizations. The platform combines financial benefits with tangible environmental impact.
This approach paves the way for environmentally focused crypto projects. In fact, Chimpzee is a leader in integrating environmentally friendly practices into crypto initiatives.
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