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The Chimpzee ecosystem continues to grow rapidly, with over 7 billion $CHMPZ tokens staked, according to a recent announcement from the official Chimpzee Project X account, @RealChimpzee. As Chimpzee expands its staking options and multi-chain functionality, more opportunities are available for users to earn income while contributing to environmental causes.
The ecosystem combines earning mechanisms with social responsibility, offering innovative solutions for crypto users.
Additionally, the $CHMPZ token is preparing for a major listing on the Raydium decentralized exchange. This is a key step in Chimpzee’s multi-chain journey, with the token now on both the Ethereum and Solana networks.
Staking in the Chimpzee Ecosystem
The staking mechanism of the Chimpzee ecosystem is one of its key aspects since users may get rewards by staking NFT Passports and $CHMPZ tokens. This program lets users support environmental efforts and also passively increase their holdings.
Seeking returns on their assets, the platform presents competitive annual percentage yields (APY) of up to 40% on $CHMPZ tokens and 20% on NFT Passports.
💰 Did you know? We already have over 7 billion $CHMPZ tokens staked in the ecosystem – don’t miss out!
🚀 Wondering how staking works in the Chimpzee ecosystem? Let’s break it down for you with 3 key questions:
1️⃣ Which assets can you stake?
You can stake both CHMPZ Tokens and… pic.twitter.com/Mx5sEz6NaN— Official Chimpzee Project (@RealChimpzee) September 30, 2024
Staking is just connecting wallets, selecting assets, and starting to earn rewards. This project complements Chimpzee’s more general aim of allowing people to create income while having a good environmental impact.
A tweet from @RealChimpzee emphasizes the importance of not missing out on this opportunity, as the total amount of tokens staked continues to rise.
CHMPZ/SOL Pair Listing on Raydium DEX
Chimpzee is set to make a key move in the DeFi space with the upcoming CHMPZ/SOL trading pair on Raydium DEX. The announcement, made via the official Chimpzee X handle, indicates that this new trading pair will be available from the second week of October, 2024.
The integration of the $CHMPZ token into the Solana network offers users lower transaction fees and faster processing times compared to Ethereum. By becoming a multi-chain token, Chimpzee expands its accessibility, further promoting its vision of creating a platform where crypto traders can earn income while participating in environmental initiatives.
The CHMPZ / SOL pair will be available on the Raydium Dex on Oct 7th!
Get ready to buy CHMPZ on Solana! We have more big news coming up this week. Stay Tuned!https://t.co/7vVuuZipKW pic.twitter.com/JUYHiBGuHU
— Official Chimpzee Project (@RealChimpzee) September 30, 2024
Upcoming Announcements and NFT Rewards
Chimpzee has also teased upcoming announcements regarding its next charitable partner and an NFT drawing event after the first winner of one of two 10K prizes has already been awarded. Following the launch of the CHMPZ/SOL pair on Raydium, the project will announce the date of the next NFT drawing.
NFT Passport holders will have the chance to win one of several prizes, including 1 grand prizes of $10k. Additional prizes will be awarded to Diamond, Gold, Silver, and Bronze NFT Passport holders, further incentivizing engagement within the ecosystem.
Chimpzee’s Three-Way Earning Model
Emphasizing a “three-way earning model” including the Chimpzee Shop, the NFT Marketplace, and the Zero Tolerance Game, Chimpzee will provide several ways for users to earn prizes through its ecosystem. These components are meant to generate financial potential while also raising environmental consciousness and action.
Operating under a shop-to- earn approach, the Chimpzee Shop will let users buy items and get CHMPZ tokens. A part of the shop’s earnings go toward environmental organisations, therefore making sure every purchase helps to fight animal cruelty and climate change.
Users of the Chimpzee NFT Marketplace exchange environment-oriented NFTs and get a part of the trading fees using a trade-to- earn mechanism. This marketplace prioritizes authenticity, ensuring all projects are thoroughly vetted to avoid the risk of copying collections.
In the Zero Tolerance Game, players can earn CHMPZ tokens by completing challenges that focus on protecting wildlife and the environment. This play-to-earn model rewards players for their efforts to combat environmental destruction, aligning gameplay with real-world causes.
The game also offers premium prizes and enhanced gameplay for NFT Passport holders, making it a central feature of the Chimpzee ecosystem.
Chimpzee’s Environmental Contributions
Beyond its crypto innovations, Chimpzee has already made tangible contributions to environmental conservation efforts. Demonstrating its dedication to positive environmental change, the project has helped plant 20,000 trees in attempts to rebuild rainforests.
Chimpzee is positioned as a pioneer in the junction of crypto and environmentalism with forthcoming alliances and announcements under development.
With more people joining the ecosystem, the mix of staking incentives, multi-chain capability, and environmental projects constantly piques curiosity in the project.
In the crypto market, Chimpzee’s concept of aggregating business, gaming, and environmental advocacy into a single platform presents a special value proposition. The project is drawing interest from both crypto aficionados and environmentalists. Visit the official website now and join a beneficial project with a purpose.
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