CHIP Tokenomics
The total supply of CHIP is 1.6 Billion.
Last updated
The total supply of CHIP is 1.6 Billion.
Last updated
The distribution is allocated across different areas, including staking rewards, yield farming, incentives, airdrops, and support for early adopters.
Staking Rewards - 298,400,000
Staking Rewards will be the way for the NFT holders to increase their CHIP holdings.
Yield Farming - 128,000,000
Yield farming offers LP providers the opportunity to earn not only ADA through trading fees but also CHIP.
Incentives - 96,000,000
Users can earn CHIP as an incentive simply by betting on the platform. Additionally, a house pot will be provided for CHIP holders who wish to bet using CHIP. The allocation for these incentives will begin gradually distributing in Q3 2025.
Airdrops - 64,000,000
The first distribution took place in Q2 of 2024, where Presale Pass holders received a total of 32,000,000 CHIP, which was airdropped to their wallets. The next distribution, for Loyalty Pass holders, will take place in Q2 of 2025.
Early Supporters - 5,600,000
This allocation was distributed and completed in Q2 of 2024.
MARKETING - 48,000,000
This allocation will be used to advertise and onboard more users to the platform. However, it will not be utilized until the token reaches its launch price. The community will be informed beforehand, and they will be able to track the token in this wallet: $chip.marketing.
Following the recent migration of the liquidity pool (LP) to Miniswap V2, any unused CHIP tokens from the LP will be transferred to the treasury for future use and planning.
