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Chromia Ethereum

What is the CHR token used for?

How Chromia uses CHR token. Chromia is a relation blockchain combining the best in databases with blockchain tech.

CHR token is

CHR is the native token of the Chromia blockchain.

CHR token is used for

  • Dapps can use it to collect fees or reserve to peg their own currency
  • Hosting fees for nodes
  • Staking

How could value accrue to the CHR token?

Locking tokens

  • Staking for protocol
  • Staking for dapps

What is Chromia?

Chromia is a relation blockchain combining the best in databases with blockchain tech. Currently focused on games and enterprise solution with easy interaction and bridging to Ethereum.

Currently an ERC-20 token before the launch of Chromia mainnet.

More on Chromia here.

Staking

The staking mechanism in Chromia is modular and can be used for different purposes. Mainly governance and rewards. Unstaking requires signing 2 weeks in advance. This contract will be deployed to Ethereum so dapps can interact with this information.

More on staking here.

Token Isssuance

Current supply: 978,000,000

  • 38.06% – Ecosystem fund
  • 25% – Promotional fund
  • 17.94% – Private sale
  • 4.5% – Founders
  • 4% – IEO
  • 3% – Auto conversion contract
  • 3% – Advisors
  • 2.5% – Team
  • 2% – System node

Docs

Similar projects

CHR token price

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