The Chihua Staking Program is Live!

Calling all Chihua community members! Today, we’ve got some exciting news to share with everyone on our new on-chain staking program.

Staking is an essential part of DeFi that allows dedicated token holders to earn rewards simply for keeping their tokens within their wallets. To give our users the maximum benefit, we’ve decided to introduce our on-chain staking program for all of our $CHIHUA and $CHIMOM holders to breed $CHIPUP tokens.

Now, everyone has an opportunity to participate in the Chihua ecosystem like never before by staking $CHIPUP, buying Loot Boxes, and acquiring NFChi NFTs. 1 million $CHIPUP tokens have been issued and will be distributed to users who participate in our staking program — 800,000 tokens will be phased out over 4 years and the remaining 200,000 will be used for rewards and listing.

So what are you waiting for? Get your hands on some puppies today!

To get started, make sure you’re holding at least 33 billion in each of the $CHIHUA and $CHIMOM tokens within the same wallet. The longer you hold your $CHIMOM tokens, the higher your loyalty bonus will be.

Holding $CHIHUA and $CHIMOM at a one to one ratio is ideal — however, if you own more $CHIHUA, it will act as a multiplier and breed more $CHIPUP with $CHIMOM.

That’s right! We’re rewarding our dedicated long-term supporters with some sweet bonus rewards. Holders will be distributed the $CHIPUP tokens earned from their stake every two weeks, at 10PM UTC on the 15th and 29th of each month.

It’s important to remember that $CHIPUP hasn’t been listed, so staking is the only way to get your hands on the token. As a note, staking rewards are shown as if the payday was on the selected day.

Ethbox token holders are incentivized to utilize their tokens for liquidity purposes. Those who deposit 5,000+ $EBOX tokens to provide liquidity will receive an additional 10% share rate as a bonus.

All DuckDAO members who hold either 200 $DDIM or 20,000 $DUCK tokens will receive a bonus of a 10% share rate on top of their initial bonus. Quack quack!

In addition to all of these lucrative bonuses, we’re offering even more opportunities to earn through depositing a certain amount of $CHIMOM tokens in our liquidity pools:

We’ll soon be introducing the Chimom PCS liquidity pool, where users who stake at least 33 billion $CHIMOM tokens will also receive an additional 25% share rate.

Please note that rewards available for claiming are being added to the smart contract so that users can come and claim them whenever they want. Unclaimed rewards will remain indefinitely on the smart contract and are accumulated together with all rewards that will come later, and can also be claimed at any time.

The contract address is: 0x775b4c20946d2a747e7272581282d7047739767e

As an added bonus, we’re also bringing our own unique spin on NFTs with our NFChi’s, which can be purchased with $CHIPUP. More information is to come on this soon, so stay tuned!

To learn more about our project, make sure to follow us on our website and social media channels below:

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