Chimpzee Meme Coin Will Launch on Solana Soon, But What’s Different Compared to the ETH Token?
Chimpzee is a meme coin that combines environmental conservation with earning opportunities. This project has a vision to save animals and fight climate change.
This project originally runs on the Ethereum blockchain, but made a big announcement last month. They’re planning to expand and integrate with the Solana blockchain as well.
Let us find out what this means for the Chimpzee ecosystem.
What you'll learn 👉
What is Chimpzee?
Chimpzee project is trying to make a positive impact on the environment. By being a part of the project, investors can also earn income. The platform operates on the Ethereum blockchain with its native token, CHMPZ.
Chimpzee offers various methods for users to earn CHMPZ tokens. The project has the concept of earning while helping the environment and animal welfare.
Users can buy merchandise, trade environment-focused NFTs, and participate in a play-to-earn game. The project also has NFT Passports. These passports provide additional benefits like higher staking rewards, marketplace profits, and game advantages.
What’s even more interesting is that it has already planted 20,000 trees to help restore a rainforest. So, Chimpzee actually donates a lot of profits to the environment.
Chimpzee Launching on Solana
Chimpzee recently announced its plan to launch on the Solana blockchain. Here are some key points from their announcement:
1. Solana Chain Addition: Chimpzee will not replace the Ethereum chain but will add Solana to its reach. This will allow more people to join the Chimpzee Army.
2. Token Supply Management: The launch on Solana will not increase the total circulating supply of CHMPZ tokens. The new tokens created on Solana will be offset by burning the same amount on the Ethereum chain.
3. Launch Timeline: Chimpzee plans to launch on Solana in early Fall. This is right after North American Labor Day in September.
4. New Staking Options: The Solana CHMPZ token will introduce new staking options.
5. NFT Passports: NFT Passports will remain exclusive to the Ethereum network. However, other NFTs serving different functions may be introduced on Solana later.
6. Availability on Solana DEX: The Solana CHMPZ token will be available on a top Solana decentralized exchange (DEX).
They stated that the team is working hard to ensure a smooth transition and provide additional earning opportunities for the community.
How to Buy and Stake CHIMPZ
Buying CHMPZ is easy. Chimpzee is listed on CoinMarketCap and CoinGecko. Those who wish to buy CHMPZ can easily buy them from the MEXC exchange, BitMart and P2B exchange. You can also buy it on Uniswap.
Just create an account on the exchanges that we mentioned and deposit the funds.
You can also stake CHMPZ tokens to earn rewards. You can stake either your CHMPZ coin or your NFT Passport. Over 750 stakers have staked around 7 billion CHMPZ so far. Users can also earn up to 40% APY by staking.
While Chimpzee was just running on Ethereum blockchain, it had its limitations. Now that they announced that it is expanding to Solana, it can attract more investors.
If you are someone who is interested in environmental protection, crypto and passive income, Chimpzee could be an interesting project.
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