CHEX
Chintai is powered by the CHEX token
CHEX is the utility token used to manage resources on the Chintai Network and deepen liquidity. All actions on the platform require the use of the CHEX token.
CHEX Tokens:
A Scarce & Deflationary Asset
Fully Distributed
All tokens are in circulation - no more tokens will ever be released.
Deflationary
5% of the value generated by Chintai will be allocated to purchasing CHEX tokens from the open market and permanently removing them from circulation.
Airdrop Issuance
In some instances, clients may also choose to airdrop a portion of their issuance to those staking CHEX, however, airdrops are not guaranteed by Chintai and happen at the discretion of clients.
Staking Rewards
Gas fees from issuances are distributed over the course of a year, while trading fees are distributed instantly.
For more detailed information on the CHEX token
Download our whitepaperStaking rewards and airdrops play a critical role in driving active participation and boosting network effects.
Gas fees are paid in CHEX tokens.
Those fees are redistributed to CHEX stakers.
CHEX: The Key to Unlocking Tokenization
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