CHI Tokenomics

CHI Initial Supply and Governance

Tokenomics

Chi Protocol is an open-source DAO (Decentralized Autonomous Organization) project. Chi is managed by people worldwide who hold its governance token, CHI. Through a governance system involving voting power, CHI lockers can influence the direction of the protocol.

CHI is the native token powering Chi Protocol. Its utility comprises all core network functionalities, such as staking, governance, mint, and collateral composition.

CHI is an ERC-20 governance token with supply set initially at 100,000,000.

CHI holders manage the Chi Protocol and the financial risks of USC to ensure its stability, transparency, and efficiency. CHI voting weight is proportional to the amount of CHI a voter stakes in the staking contract and the length of time a user has locked their CHI. In other words, the more CHI tokens are locked in the contract, the longer the time, the greater the voter’s weighting power.

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