Chayn Tokens
Brief Intro
Chayn is a deflationary and utility token designed to power a community-driven, social platform on the Findora blockchain. It operates on a proof of post protocol where a post needs to be made in order to mint new Chayn tokens.
There will only ever be 21 billion Chayn tokens and they can only be minted when users post content on the Chayn platform. Once the 21 billion Chayn tokens have been minted, the minting process will cease. From there, users will be able to buy their favorite sentiment tag NFTs and include them in their posts on the Chayn platform or across social to mine Chayn tokens. The ability to use the sentiment tag NFTs to mine Chayn tokens also adds a deflationary mechanism to the Chayn tokenomics.
Chayn Token Metrics
| Description | Details |
|---|---|
Token name: | Chayn |
Blockchain: | Findora |
Total supply: | 21,000,000,000 |
Tokenomics
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| Category | Allocation | Amount (Chayn) | Lock Up Period | Price |
|---|---|---|---|---|
Seed Funding | 4.76% | 1,000,000,000 | 90 days | $0.002 |
Private Funding | 4.76% | 1,000,000,000 | 90 days | $0.004 |
Public Funding | 1% | 210,000,000 | 30 days | $0.007 |
Community Rewards | 30% | 6,300,000,000 | ||
Oracle Rewards | 30% | 6,300,000,000 | ||
CEX Listing Fund | 2.5% | 525,000,000 | ||
DEX Liquidity | 5% | 1,050,000,000 | ||
Airdrops | 0.4% | 84,000,000 | ||
Advisors | 1% | 210,000,000 | 365 days | |
Development | 15.82% | 3,321,000,000 | ||
Marketing | 4.76% | 1,000,000,000 | ||
Total | 100% | 21,000,000,000 |
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