Investors are quickly sending their $CHMPZ tokens to the Chimpzee staking contract after the team announced they’ve increased the staking return to 40%.
The Chimpzee token launch occurred earlier this month, and the community is pleased with the progress made by the Web3 project, which is making a difference in the world.
With the NFT Passports and a tier-1 exchange listing on the way, investors are now excited about the coin’s future for the charitable, wholesome Web3 project.
Chimpzee Attracts Almost 4 Billion $CHMPZ In Staking After Announcing New Staking System.
Over 3 Billion staked CHMPZ tokens! 📷📷
The buzz around eco-friendly crypto project Chimpzee continues to build as the CHMPZ token is now listed on the P2B exchange and will be listed next on Bitmart soon!
✅Buy it on P2Bhttps://t.co/1MNgTXMMNW
Chimpzee has made consistent… pic.twitter.com/bQxDk0SYj3
— Official Chimpzee Project (@RealChimpzee) January 20, 2024
Chimpzee has seen almost 4 billion $CHMPZ tokens already deposited in its staking contract after announcing that the maximum APY return had increased from 30% to 40%.
Chimpzee announced its staking feature during the vesting period, allowing the community to earn more $CHMPZ tokens for locking their tokens in the contract and supporting the ecosystem.
The staking rewards so far recently surpassed the 11 million milestones, with almost 2 billion $CHMPZ left still to distribute to stakers during the staking period.
With the staking return increased, those depositing more than 10 million $CHMPZ can earn 40%. Stakers depositing fewer $CHMPZ tokens will earn an APY according to the following table;
Furthermore, those who stake their NFT Passports following its launch will receive a higher rate of return.
What Is Chimpzee?
Chimpzee is a Web3 project on a mission to show the world that crypto and meme coins can be used for a noteworthy purpose by raising funds to contribute to organizations helping prevent climate change and animal extinction.
At the same time, those holding the $CHMPZ tokens are entitled to a passive income through the three products in the Chimpzee suite: shop-to-earn, trade-to-earn, and play-to-earn.
Those holding one of the Chimpzee NFT Passports are also entitled to additional benefits and higher rewards through each product.
The idea behind the project is to disrupt how people contribute to charity by providing a meme coin ecosystem where users earn an income while doing their part to help make the world a better place.
The presale raised an incredible $2.7 million in fundraising as investors scrambled to become early adopters of the token.
The team behind the project is fully verified by Cyberscope, and the project’s smart contracts are audited by Solidity Finance.
Are The Donations Real?
The best part about Chimpzee is they’re a project that walks the walk. The team has made considerable donations during its fundraising, demonstrating its adamant commitment to using Web3 to help make the world a better place.
Furthermore, the team has received videos from the organizations thanking them for the donation, so we don’t have to rely on their word to show that they’re occurring.
The community can verify all donations through on-chain data or from the official social media channels of the charitable organizations themselves.
The following list highlights some of the donations already made by the team;
$15,000 to WILD Foundation to help rangers protect the last herd of desert-adapted elephants.
$20,000 to WILD Foundation to help protect the final few black jaguars in the Brazilian Rainforest.
Over 21,000 trees were planted through One Tree Planted in the South American Rainforest.
A donation to Forgotten Animals to neuter 240 cats and 180 dogs in war-torn Ukraine.
A donation to Rainforest Rescue to protect 1,000 meters of the Australian Rainforest.
A donation to WeForest to plant 5,000 trees in Tanzania.
This is just the beginning of a long list of donations that Chimpzee intends to make. With the ecosystem nearing its full launch, more funds will be raised, and further charitable contributions will be sent.
Tier-1 BitMart Listing Incoming
With the token launched, Chimpzee is focused on having $CHMPZ listed on as many top exchanges as possible.
Its official launch was on a P2B exchange. Now, the team is looking toward a listing on BitMart, one of the world’s top altcoin exchanges, to provide additional liquidity for traders.
Following the BitMart launch, Chimpzee is focused on releasing the NFT Passports, developing the NFT marketplace, and launching its highly anticipated play-to-earn game.
The future is bright for $CHMPZ. If you want to earn a passive income while simultaneously raising funds for charitable organizations, then Chimpzee ($CHMPZ) is a token you don’t want to miss.
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