Chimpzee provides its users with a way to generate passive money while focusing on combating environmental degradation and protecting animals.
Since the public Solana launch, the Chimpzee project has been working to enhance the CHMPZ coin to make it accessible on other blockchains. Considering so many meme coins have experienced major price increases on the Solana blockchain, projects have been eyeing Solana to build on it.
Therefore, based on a number of variables, it is possible to anticipate that Chimpzee may take the same route.
Solana launch and CHMPZ token burn
Chimpzee destroyed 500 million CHMPZ coins on the Ethereum blockchain following its introduction on Solana.
This served as compensation for 500 million coins that the Solana chain created. The amount of tokens in circulation is guaranteed to stay constant thanks to Chimpzee’s token burn technique.
Now that Chimpzee is accessible to a wider audience, the coin’s value may rise due to greater interest. One of the leading Solana decentralized exchanges, Raydium, has now listed CHMPZ.
This considerable listing on a well-known exchange might improve its access and liquidity.
The Solana DEX’s capacity to trade CHMPZ might draw in more investors and raise the coin’s demand. A benefit of the Solana is its scalability, which gives the Chimpzee investors access to new opportunities not found on Ethereum.
In addition to developing a staking technique for the Ethereum network, Chimpzee is additionally focusing on introducing it to the Solana network. More than 7.6 billion CHMPZ coins were recently staked in the ecosystem at press time.
Holders will be able to earn incentives by locking up their coins through staking. Chimpzee users that stake, already receive a 40% annual percentage yield.
When this passive income program is implemented on the Solana chain, it may help in further reducing the supply that is circulating.
Chimpzee NFTs
The Chimpzee NFT Passports offer their holders a number of benefits, opportunities for income, and privileges. There are four tiers for NFT Passports: Diamond, Gold, Silver, and Bronze.
These NFT Passports grant holders accessibility to exclusive advantages, increased staking perks, and larger market profit shares when they become available. For example, members of the Diamond and Gold Passports receive the greatest perks and exclusive opportunities.
Additionally, any user with a Chimpzee NFT Passports has the opportunity to win a range of rewards based on their passport tier. For the initial lottery of one of the $10,000 USDT prizes, a winner was recently declared.
The main parts of the Chimpzee network
Three main opportunities for users to make money while promoting environmental welfare concerns are presented by Chimpzee.
These techniques, which are all incorporated into their platform, will consist of the Trade-to-Earn model, the Play-to-Earn and Shop-to-Earn model features.
By shopping for products from the Chimpzee shop, customers will earn CHMPZ to generate passive revenue using the Shop-to-Earn mechanism.
Every item bought will have a positive impact on the environment since a portion of the earnings are given to organizations that fight animal abuse and climate change. The Chimpzee NFT Marketplace will be the focal point of the Trade-to-Earn concept.
Users that purchase and sell NFTs are going to be able to split a percentage of the trading expenses. These NFTs have been selected with care to promote Chimpzee’s ecological preservation aim.
The Zero Tolerance Game will be the Play-to-Earn function offered by Chimpzee. In order to gather CHMPZ coins, players must take on the role of environmental guardians, stop poachers, and protect forests. Players can earn perks and better prizes in the game by using their NFT Passports and personalized avatars.
Chimpzee frequently collaborates with different organizations, with the latest one being the Nyaru Menteng Orangutan Rescue Center. The donation will be used to aid in the expense of Orangutan food and enrichment.
Some of the other organizations include Wild, Rainforest Rescue, One Tree Planted, The Giving Block, Forgotten Animals, etc. The project is achieving its goals one by one as per its roadmap.
Those who are interested in buying CHMPZ can do it easily by going to their website and clicking on the “Buy CHMPZ” button. It is already listed on exchanges like p2pb2b, Bitmart and MEXC.
If you have purchased their NFT Passports, you can also stake them to get up to 20% APY. Make sure to follow them on X to find out which organization Chimpzee is helping next.