What is Charity Coin?
CHA is a decentralized virtual currency based on the BEP20 Token, which is one of Binance Technological trends. The goal of this blockchain asset is to supplement the development of CHA Ecosystem. In this virtual revolution, coin holders will have the benefit of instantly and effortlessly cashing out their coins
CHA DeFi
Decentralized finance—often called DeFi—refers to the shift from traditional, centralized financial systems to peer-to-peer finance enabled by decentralized technologies built on the Ethereum blockchain.
From lending and borrowing platforms to stablecoins and tokenized BTC, the CHA ecosystem has launched an expansive network of integrated protocols and financial instruments.
With the following services, the CHA ecosystem launch DeFI.
Main Features of CHA
Transfer and tax deduction strategy
Each transfer transaction will have a 5% tax deduction, with 3% returning to the liquid mining pool, 1% automatically transferred to a special charity address and 1% allocated to all holders.
Token donation
40% of the total circulation goes directly to the charity address, and 5% of the circulation volume repurchased annually is transferred to the charity address.
Automatic LP
Liquidity market maker voucher is a market Token assigned to the market makers by DEX decentralized trading system.
Uniqueness
From a technical perspective, CHA's technology is different from other mainstream currencies. Since it is based on the Olive Chain public chain, it will benefit from the improved public chain code.
Although the initial circulation of CHA was 60 billion, its charity address and hedging mechanism determined early circulation. This means that even if the market value is higher, its circulation volume will still remain at a lower level. More CHA is used for charity, thus greatly reducing the psychological burden on users.
"Bitcoin is too expensive". In the eyes of many virtual currency lovers, high prices have become a disadvantage of Bitcoin - This means that people prefer to store or collect with Bitcoin rather than donate or consume. There has no longer been a completely decentralized item like Bitcoin on the market. However, as a project that has abandoned investment institutions without holding CHA, and has almost no currency manipulation, CHA may be a new "follower" of the concept of Bitcoin.
In the long run, CHA coins have an upward trend on the whole, without a major software release plan in the future, which will continue to promote large-scale applications in the charity industry. Given the media-driven surge in philanthropy at intervals, CHA prices are more likely to maintain high volatility or even break a tenfold increase.
Compared with mainstream encrypted currencies (such as Ethereum), CHA coins are prosperous based on the actual application scene of the charity industry. Its distribution plan based on data security and the rights and interests of rights holders will surely usher in a big leap in the philanthropy.
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About Charity Coin
CHA is a decentralized virtual currency based on the BEP20 Token, which is one of Binance Technological trends. CHA is a community-driven protocol that will revolutionize the way the current world subsidizes charities. To learn more about Charity Coin, please visit their website, follow their Twitter and join their Telegram.
