Chimpzee (CHMPZ) Burns Billions Of Tokens To Drop Total Supply to 20B CHMPZ, 40% Staking Rewards Also Attract Investors
The Chimpzee (CHMPZ) token has received significant acclaim within the cryptocurrency sphere, and recent notable developments have only added to the excitement surrounding this environmentally conscious initiative. This praise is well-deserved, considering the enthusiastic support from the CHMPZ community in its mission to bring about positive global change.
More praise has been coming in because the project has made a major burn, up to the tune of 5 billion CHMPZ tokens, dropping the total supply down to 20 billion. We provide detailed information on this development, as well as an overview of the Chimpzee ecosystem.
What you'll learn 👉
Chimpzee Never Stops Evolving
Chimpzee provides individuals with an opportunity to earn passive income while actively contributing to climate change mitigation and wildlife preservation. Alongside comprehensive plans for an ambassador program and community outreach, Chimpzee is dedicated to donating 10% of its token supply and a portion of profits to organizations addressing these crucial issues. Supported by project funds, these initiatives aim to highlight the importance of public awareness and financial support for conservation efforts. Notably, Chimpzee collaborates with reputable partners such as The Giving Block, Rainforest Rescue, WILD, and One Tree Planted.
To realize its objectives, Chimpzee introduces several 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 goals while earning incentives.
Key among these features are Chimpzee’s shop, NFT marketplace, and Zero Tolerance Game. The NFT marketplace will allocate a portion of trading fees for NFT transactions, while the Chimpzee shop serves as a central hub for a variety of goods and commodities.
In the Zero Tolerance Game, players will earn CHMPZ tokens by completing eco-friendly objectives. Chimpzee NFT passport holders enjoy additional benefits within the Chimpzee ecosystem, enhancing their potential for passive income.
Investors Flock To CHMPZ For 40% APY Staking Reward
Chimpzee just burned 5 Billion tokens from the total supply!🔥🤩
— Official Chimpzee Project (@RealChimpzee) March 1, 2024
We now have a total supply of 20 Billion CHMPZ tokens! 🥳
👀Get ready to see what top 20 exchange the CHMPZ token will list on next week!
There are many big things coming up this month! 🚀😍 pic.twitter.com/PQs8RaHmbB
As seen in the tweet above, the CHMPZ total supply has dropped to 20 billion thanks to a massive 5 billion burn. This is just one of many such developments that have taken place.
For these reasons and more, CHMPZ has attracted significant attention in the market, consistently drawing substantial funding. Investors were pleased to witness the success of several charity projects linked to presale milestones, which significantly contributed to the substantial investment it received.
Now, the Chimpzee community, affectionately known as the Chimpzee army, is reaping the rewards of their unwavering support for the project. They have the opportunity to claim their presale investment and allocate it to staking, which guarantees a 40% Annual Percentage Yield (APY) for consistent rewards.
Staking rewards are tiered, based on the amount of CHMPZ staked. Participants staking 10 million or more CHMPZ enjoy the highest reward at a 40% APY. Chimpzee offers a staking calculator for easy estimation of earnings from staking CHMPZ. Additionally, staking the NFT Passport, once available, opens the possibility of earning up to a 60% APY.
Currently, over 5 Bilion CHMPZ tokens have already been allocated to staking. This marks the beginning of a significant phase for Chimpzee, seamlessly integrating a new avenue for earnings with a commitment to environmental conservation.
The exchange has made remarkable progress in recent weeks. The fact that it has secured an exchange listing on MEXC is a testament to its potential, and this new listing will greatly contribute to making it one of the most sought-after crypto tokens of 2024.
Conclusion
Chimpzee (CHMPZ) has been consistently progressing since the conclusion of its presale. With multiple exchange listings and significant staking rewards, it has emerged as a top performer. We highly recommend exploring the token on the mentioned exchanges and actively engaging with the project’s social media channels.
Disclaimer: CaptainAltcoin does not endorse investing in any project mentioned in this article. Exercise caution and do thorough research before investing your money. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own thorough 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 crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the reader. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
