Tokenomics

Token information and type

CHB Token : Governance Token

• CHB token issue date: 12 December 2021

• SPL Token Address: YtfMZ4jg2ubdz4GasY86iuGjdo5rCPJnFqgSf8gxAz (see Solar Explorer)

• The initial circulation of CHB is 1.6 billion.

• The total supply of CHB is 8 billion units.

Forms tokens : Utility tokens

• Forms Token service start date: 2022 Q2~

• The initial issuance of Forms Token is 100 million units.

• The amount of issuance increases according to the amount of mining through sponsorship.

CHB Token Distribution Status and Plan

• Foundation

  • CHB Foundation: 2,160,000,000 CHB

• Team

  • Team: 1,500,000,000 CHB

  • Supporters: 100,000,000 CHB

• Sale

  • IDO : 9,600,000,000 CHB

  • Initial investor: 320,000,000 CHB

  • Public Token Sales: 320,000,000

• Compensation

  • Liquidity Incentives: 400,000,000 CHB

  • AirDrop: 400,000,000 CHB

  • Easter Egg: 800,000,000 CHB

  • User compensation: 800,000,000 CHB

  • Event: 240,000,000 CHB

Token distribution status

Token Release Plan ~2026

Initial 20% release in 2022 / 40% release from ~2026 / 40% release from 2026 to ~2026 (More detail info)