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.
1 billion CHEX at launch, plus 250 million additional CHEX allocated to Chintai.
5% of the value generated by Chintai buys CHEX from the open market and burns it.
Clients may choose to airdrop a portion of their issuance to CHEX stakers.
Gas fees from issuances distribute over a year; trading fees distribute instantly.
600 million of the original 1 billion CHEX were distributed in the 2019 token sale. A further 250 million were issued to Chintai to replenish its holding, giving the company that operates the network a long-term stake aligned with other holders. Full allocations are set out in the CHEX whitepaper.
5% of the value generated by Chintai is allocated to purchasing CHEX tokens from the open market and permanently removing them from circulation — tying network activity directly to token scarcity.
In some instances, clients may also choose to airdrop a portion of their issuance to those staking CHEX. Airdrops are not guaranteed by Chintai and happen at the discretion of clients.
Gas fees from issuances are distributed to stakers over the course of a year, while trading fees are distributed instantly — giving stakers both a steady baseline and immediate upside from platform activity.
Gas fees are paid in CHEX tokens. Those fees are redistributed to CHEX stakers — and staking rewards and airdrops play a critical role in driving active participation and boosting network effects.
Those who choose to stake their CHEX tokens are entitled to a portion of the platform's gas fees.
Users staking CHEX can negate the cost of platform interactions with staking rewards, enabling free usage within their allocated resource limits.
Issuers have to actively manage and maintain their CHEX tokens, but if preferred, Chintai can manage them on an issuer's behalf.
Fractionalised rental cash flow, issued and traded using CHEX for network resources.
View client story →Debt funds and development financing, tradeable in real time.
View client story →Fractional ownership of curated fine-art holdings.
View client story →Early exposure to high-growth Web3 companies.
View client story →*Committed, not yet issued.