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Chimpzee (CHMPZ) has garnered widespread acclaim within the cryptocurrency community, and recent significant advancements have notably heightened excitement for this environmentally conscious initiative. The recognition is well-earned, given the passionate backing from the CHMPZ community in its mission to foster a positive global impact.
Recently, on March 1, the project burned 5 billion CHMPZ tokens. This coupled with the enticing 40% Annual Percentage Yield (APY) staking rewards signals promising prospects for the project’s future. Now, with the NFT passports coming soon, a potential 5 billion more tokens could be burned. We offer comprehensive details on these developments.
Chimpzee Is A Project To Keep An Eye On
Chimpzee provides individuals with the chance to generate passive income while actively participating in the efforts against climate change and wildlife conservation. Alongside extensive plans for an ambassador program and community outreach initiatives, Chimpzee is committed to allocating 10% of the token supply and a portion of profits to organizations tackling these pressing issues. Supported by project funds, these initiatives aim to highlight the significance of raising public awareness and funding for conservation endeavors, in collaboration with esteemed organizations such as The Giving Block, Rainforest Rescue, WILD, and One Tree Planted.
To fulfill its objectives, Chimpzee offers various robust features, including Shop-to-Earn, Trade-to-Earn, and Play-to-Earn methods. These features empower users to actively contribute to the project’s overarching goals while earning rewards.
Notable among these features are Chimpzee’s shop, NFT marketplace, and Zero Tolerance Game. The NFT marketplace allocates a portion of trading fees to facilitate NFT trading, while the Chimpzee shop acts as a central platform for various goods and commodities.
In the Zero Tolerance Game, players can acquire CHMPZ tokens by completing eco-friendly tasks. Chimpzee NFT passport holders enjoy additional benefits within the Chimpzee ecosystem, enhancing their potential for passive income.
Chimpzee Could Burn 5 Billion More CHMPZ Tokens With NFT Passports
Chimpzee NFT Passports have a potential to burn 🔥5 Billion CHMPZ🔥from the circulating supply in the event they sell out at launch!
This is another tool that can help further reduce the supply of the CHMPZ token and make it more scarce as well as provide holders with many… pic.twitter.com/NCsBa4Cmhz
— Official Chimpzee Project (@RealChimpzee) March 9, 2024
The initial CHMPZ presale garnered significant popularity in the market, consistently attracting substantial funding. Investors were pleased to witness the success of various charity projects aligned with presale milestones, a pivotal factor contributing to its notable investment.
Now, the Chimpzee community, affectionately referred to as the Chimpzee army, is reaping the rewards for their unwavering support of the project. They now have the opportunity to reclaim their presale investment and allocate it to staking, which offers up to a 40% Annual Percentage Yield (APY) for consistent returns.
Staking rewards are tiered based on the amount of CHMPZ staked. Participants staking 10 million or more CHMPZ enjoy the highest reward of 40% APY. Chimpzee provides a staking calculator for easy estimation of earnings from staking CHMPZ. Additionally, staking the NFT Passport, once available, offers the possibility of earning up to a 60% APY. Currently, over 5 billion CHMPZ tokens have been staked.
The team conducted the burn of 5 billion CHMPZ tokens on March 1, reducing the supply to 20 billion tokens. Following this, the project will launch the NFT passports. If these sell out, an additional 5 billion CHMPZ tokens will be burned from the circulating supply, bringing the total burnt to 10 billion CHMPZ tokens.
Conclusion
Chimpzee is notably unique. If you haven’t already, it’s strongly recommended to stake this token for rewarding returns. Consider purchasing the CHMPZ token on the various exchanges it is on, like MEXC, and staking them to benefit from high rewards. Additionally, we highly recommend staying informed about the latest updates by actively engaging with its social media channels.
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