Chimpzee (CHMPZ) has received widespread praise within the cryptocurrency community, and recent notable advancements have significantly heightened anticipation for this environmentally conscious endeavor. This recognition is rightfully deserved, thanks to the dedicated support from the CHMPZ community in its mission to catalyze a positive global impact.
With the imminent arrival of NFT passports, another potential 5 billion tokens could be burned.. What’s even more impressive is that the project previously initiated the burning of 5 billion CHMPZ tokens. Combined with the enticing 40% Annual Percentage Yield (APY) staking rewards, this indicates promising prospects for the project’s trajectory. We provide in-depth insights into these developments.
What you'll learn 👉
Chimpzee Fights To Save The Planet
Chimpzee offers individuals the opportunity to earn passive income while actively contributing to the fight against climate change and wildlife conservation. Alongside comprehensive plans for an ambassador program and community outreach initiatives, Chimpzee is dedicated to allocating 10% of the token supply and a portion of profits to organizations addressing these urgent issues. Supported by project funds, these initiatives aim to emphasize the importance of raising public awareness and funding for conservation efforts, in collaboration with esteemed partners such as The Giving Block, Rainforest Rescue, WILD, and One Tree Planted.
To achieve its goals, Chimpzee provides various robust features, including Shop-to-Earn, Trade-to-Earn, and Play-to-Earn methods. These features empower users to actively contribute to the project’s overarching objectives while earning rewards.
Of particular note among these features are Chimpzee’s shop, NFT marketplace, and Zero Tolerance Game. The NFT marketplace dedicates a portion of trading fees to facilitate NFT transactions, while the Chimpzee shop serves as a central platform for various goods and commodities.
In the Zero Tolerance Game, players can obtain CHMPZ tokens by completing eco-friendly tasks and fighting people intent on destroying the environment. Chimpzee NFT passport holders benefit from additional perks within the Chimpzee ecosystem, enhancing their potential for passive income.
Make sure you sign up for the NFT Passport alert service on the website so you can be informed the minute they become available.
5 Billion CHMPZ Token Burn On The Cards
Chimpzee NFT Passports have a potential to burn 🔥5 Billion CHMPZ🔥from the circulating supply in the event they sell out at launch!
— Official Chimpzee Project (@RealChimpzee) March 14, 2024
This is another tool that can help further reduce the supply of the CHMPZ token and make it more scarce as well as provide holders with many… pic.twitter.com/PKdQCj2udS
The initial CHMPZ presale garnered significant attention in the market, consistently attracting substantial funding. Investors were delighted to witness the success of various charity projects aligned with presale milestones, which played a crucial role in its notable investment.
Now, the Chimpzee community, affectionately known as the Chimpzee army, is reaping the benefits of their steadfast support for the project. They now have the opportunity to recoup their presale investment and allocate it to staking, which offers up to a 40% Annual Percentage Yield (APY) for consistent returns.
Staking rewards are tiered based on the amount of CHMPZ staked, with participants staking 10 million or more CHMPZ enjoying the highest reward of 40% APY. Chimpzee provides a staking calculator for easy estimation of earnings from staking CHMPZ. Additionally, staking the NFT Passport, once available, offers the potential to earn up to a 60% APY. Currently, over 5.5 billion CHMPZ tokens have been staked.
The team conducted the burn of 5 billion CHMPZ tokens on March 1, reducing the supply to 20 billion tokens. Following this, the project will launch the NFT passports. If these sell out, an additional 5 billion CHMPZ tokens will be burned, bringing the total burned to 10 billion CHMPZ tokens.
Conclusion
Chimpzee stands out for its distinctiveness. If you haven’t yet, we highly recommend staking this token for lucrative returns. You might want to acquire the CHMPZ token on multiple exchanges – such as P2B, Bitmart, and MEXC – and stake them to enjoy significant rewards. Moreover, we strongly encourage staying informed about the latest developments by actively participating in its social media channels.
Disclaimer: We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in cryptoassets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
