On the Solana blockchain, Chimpzee, a crypto project devoted to environmental sustainability, is about to launch this Fall.
This calculated action intends to uphold the organization’s primary objective of environmental preservation while improving accessibility and user involvement.
With this fresh launch, Chimpzee will reach a wider audience without taking the place of its current Ethereum network presence.
Chimpzee Expands to Solana Blockchain
The introduction of Chimpzee on the Solana blockchain will occur in early fall, shortly after North American Labor Day in September.
This launch will include the creation of new CHMPZ tokens on Solana.
Importantly, the total circulating supply of CHMPZ will remain unchanged, as an equivalent amount of tokens will be burned on the Ethereum chain. This approach ensures a balanced supply across both platforms.
Chimpzee is focused on launching on Solana and will be available on one of the largest chains in crypto.
Here are some answers to questions we received
➡️The Solana chain will add to the reach of Chimpzee and will not replace Ethereum.
➡️ The amount of new tokens created on…
— Official Chimpzee Project (@RealChimpzee) June 28, 2024
Chimpzee will also introduce new staking opportunities for the Solana CHMPZ token. While the NFT Passports will remain exclusive to the Ethereum network, other NFTs with different functionalities might be introduced on Solana in the future.
Additionally, the Solana CHMPZ token will be available on a top decentralized exchange (DEX) on the Solana network.
Chimpzee is steadfast in its commitment to environmental sustainability. 10% of the project’s token supply is allocated to funding international efforts to save animals. This dedication highlights Chimpzee’s goal of actually helping vulnerable creatures and their environments.
In an ongoing attempt to preserve the environment and the creatures we share it with, Chimpzee will reveal the next charity it intends to sponsor next month.
New Staking Opportunities for CHMPZ Tokens on Solana
The CHMPZ coin is the central component of the Chimpzee ecosystem. This local cryptocurrency makes contributions to environmental initiatives, rewards, and transactions easier. It is essential to the initiatives and functioning of the platform.
Chimpzee presents NFT Passport Staking, a brand-new idea that lets users earn rewards by staking their NFT Passports.
This feature combines the financial benefits of staking with the digital collectible nature of NFTs to promote a lengthy commitment to the project’s goals and active involvement.
Chimpzee distinguishes itself from other cryptocurrencies by emphasizing community involvement and environmental sustainability.
By associating monetary rewards with observable ecological consequences, it motivates a fresh generation of environmentally aware people and institutions.
The platform offers innovative ways to incentivize participation, such as rewarding users with CHMPZ tokens for various activities.
This unique incentive structure fosters user engagement and adoption within its ecosystem, potentially driving long-term growth and sustainability.
Chimpzee’s Commitment to Environmental Sustainability
Chimpzee also implements a strategic token burn mechanism to reduce the overall supply of CHMPZ, potentially increasing demand and driving up its value in the long run.
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 providing 10%. Intermediate Gold and Silver tiers offer 18% and 15% APY, respectively.
People in the community who support Chimpzee’s initiatives to protect animals and the environment are given rewards. Only holders of NFT Passports are eligible to win; there are two $10,000 grand prizes available.
Prizes range from $500 to $10K for different tiers of holders. The exact date of the drawing is to be announced later, but it is set to occur 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 managing the NFT Passport securely allows users to receive staking rewards. These rewards are automatically credited to their wallets and can be claimed anytime.
Earn Rewards and Support the Planet with Chimpzee NFT Passport Staking
Staying informed about Chimpzee’s announcements ensures users benefit from promotions and bonuses.
The $10,000 USDT grand prize is a significant incentive for the community. Chimpzee’s expansion to the Solana blockchain enhances accessibility and user engagement. This step maintains the project’s core commitment to environmental sustainability.
Chimpzee offers unique features and incentives to eco-conscious individuals and organizations. The platform combines financial incentives with tangible environmental impact.
This approach paves the way for environmentally focused crypto projects. In fact, Chimpzee leads in integrating eco-friendly practices with crypto initiatives.
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