Chimpzee is building a multichain infrastructure for its ecosystem.
More blockchains not only bring unique competitive edges when it comes to speed and transaction costs. It also allows the project to reach multiple communities.
Although Chimpzee is built on Ethereum, it is broadening its technical and social reach to the Solana blockchain now. More people can join the Chimpzee Army, as a result.
Chimpzee is Expanding to Solana
New tokens will be launched on the Solana network, but it won’t change the token’s total supply or circulating supply. Token burning on Ethereum will work in parallel to achieve this goal.
The Solana launch is expected in early Fall. CHMPZ will be available on popular Solana decentralized exchanges (DEXs) after the launch.
Like the Ethereum tokens, the Solana CHMPZ token will support staking and open passive income streams. It is important to note that the Chimpzee NFT Passports will remain on the Ethereum network.
Chimpzee is one of the most credible projects in the crypto space. The team is fully verified by Cyberscope and the token is audited by Solidity Finance.
🌟 Test Your #Chimpzee Knowledge: Match the Passport to the Perk!
Let's see if you can pair each NFT Passport tier with its correct benefits and APY. 👉
🔥 Mint your #NFT Passport today: https://t.co/jCZgTKnSQI#Web3 #APY #Investment #DigitalAssets pic.twitter.com/2i4v7PSIgB
— Official Chimpzee Project (@RealChimpzee) July 26, 2024
Raining Passive Rewards
Chimpzee offers excellent means of passive rewards. That has been integral to its widespread expansion among investors who are not directly interested in Chimpzee’s ecological mission. If not a better planet, the notion of passive rewards makes them stay,
The project strategically contributes to animal welfare by incentivising the community with staking income. In other ways, it allows investors to grow their assets while saving the environment.
Investors can stake both CHMPZ tokens and Chimpzee NFT Passports.
In CHMPZ token staking, participants earn up to 40% annual percentage yield (APY) on their investment. It is much higher than the industry standard.
The system has a tiered structure. The more you stake, the higher the APY. The longer you stake, the more the rewards.
For instance, 10,000,000 CHMPZ earn a yearly profit of 40%. On the other hand, 1,000,000 CHMPZ earn a much lower, but still substantial 20% APY. If the stake further goes down to 100,000 CHMPZ, the reward APY is 15%.
10,000 CHMPZ tokens earn 10% APY and 1,000 CHMPZ earns 5% APY. It is a great way to earn compounding income in the crypto market.
Chimpzee NFT Staking: Digital Art that Earns Passive Income
NFT staking offers another option to earn passive rewards from Chimpzee. It earns up to 20% annually.
Like $CHMPZ staking, investors can select which staking tier matches their budget and investment goals.
It begins with the Bronze Passport. It costs 300,000 CHMPZ and earns 10% annually. The Silver passport costs 500,000 CHMPZ and earns 15% APY. The Gold passport costs 750,000 CHMPZ and earns 18% annually. The most coveted is the Diamond Passport, which costs 1,000,000 CHMPZ and earns 20%.
Since it is easy to stake, withdraw, or claim earnings anytime, the flexibility attracts a large number of stakers. It allows investors to fine-tune their staking strategy based on the market condition.
Can the Green Meme Coin Outperform Pepe?
Pepe is a purely speculative meme coin.
In fact, the official website describes $PEPE as “a meme coin with no intrinsic value or expectation of financial return. There is no formal team or roadmap. The coin is completely useless and for entertainment purposes only.”
Chimpzee, on the other hand, is an eco meme coin. It is built with purpose. It stands in stark contrast to the countless hollow meme coins that crowd the market. “Chimpzee empowers you to make a positive impact on the environment and save animals while earning income,” notes the website.
The project has collaborated with organizations like The Giving Block, One Tree Planted, and WILD to realize its environmental goals.
Pepe has a massive market cap, close to $5 billion now. Whether Chimpzee can outperform Pepe’s market cap and take third place on the meme coin chart remains to be seen. But CHMPZ has the potential to make more gains this bull cycle, thanks to the growing FOMO surrounding its multichain integration.
An exciting NFT promotion is now live on Chimpzee.
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