ChopSui is excited to announce its newest airdrop of 4.5 Million $CHOP tokens! This airdrop is 100% free and completely legit. Just follow the steps in the instructions, and you could be one of the lucky few to get your hands on these valuable tokens. Don’t miss out on this amazing opportunity to get FREE crypto tokens! Claim your free $CHOP tokens now before they’re all gone.
ChopSui, a decentralized finance (DeFi) project that aims to revolutionize liquidity provision, and leveraged yield farming within the DeFi ecosystem. By combining innovative mechanisms and user-centric features, ChopSui strives to enhance the earning potential and risk management capabilities of DeFi participants. This document outlines the core principles, functionalities, and benefits of ChopSui.
The ChopSui native token (CHOP) plays a central role within the ecosystem. It serves as a governance token, granting holders voting rights and enabling them to shape the future development and direction of the protocol. Additionally, CHOP token holders enjoy additional benefits such as fee discounts and enhanced rewards.
Value proposition – ChopSui offers a compelling value proposition that sets it apart in the world of decentralized finance. With a focus on sustainability and enhancing token value, ChopSui implements two key mechanisms: a 10% supply burn every quarter and utilizing half of the platform’s revenues for $CHOP token buybacks.
The 10% supply burn mechanism ensures a gradual reduction in the total supply of $CHOP tokens over time. Every quarter, 10% of the circulating supply is permanently removed from circulation, decreasing the available token supply. This burn mechanism creates a scarcity effect, potentially driving up the value of the remaining tokens and benefiting existing token holders.
Additionally, ChopSui commits to using 50% of the platform’s revenues to conduct $CHOP token buybacks. This means that as the platform generates income from transaction fees, platform fees, and other revenue streams, a significant portion of those revenues is allocated to purchasing $CHOP tokens from the open market. By reducing the circulating supply through buybacks, ChopSui aims to increase the demand for $CHOP tokens and create a positive impact on token value.
These mechanisms work synergistically to enhance the value proposition of $CHOP tokens. The supply burn reduces token supply, while buybacks increase demand, potentially leading to a positive price trajectory. As a result, $CHOP token holders may benefit from potential price appreciation and the overall growth of the ChopSui ecosystem.
ChopSui’s commitment to sustainable tokenomics and value enhancement ensures that token holders have the potential to participate in the platform’s success and enjoy the rewards of their engagement. Through regular supply burns and strategic buybacks, ChopSui aims to create a token ecosystem that aligns the interests of users and drives long-term value creation.
- Reward: Up to 1,000 CHOP
- Winner: Random winners
- Distribution: 10th November 2023.
How to Claim ChopSui Airdrop:
- You can contact the Telegram Bot here!
- Once the tasks are completed and the airdrop ends, you will receive your airdrop tokens via a Telegram bot.
- Besides that, you can also participate in the No More Bets Airdrop.
- Total Airdrop Pool: 4.5 Million CHOP
- The top 250 referrers will share 1.5 Million CHOP as follows:
- 1st place: 300,000 CHOP
- 2nd place: 200,000 CHOP
- 3rd place: 100,000 CHOP
- 4th place: 45,000 CHOP
- 5th place: 20,000 CHOP
- 6th to 10th place: 10,000 CHOP
- 11th to 20th place: 8,000 CHOP
- 21st to 50th place: 6,000 CHOP
- 51st to 100th place: 4,500 CHOP
- 101th to 250th place : 2,000 CHOP.
Note: Watch the video below if you are having difficulties claiming the latest crypto airdrop!