The Core of $CHOW
Over the past year, the DeFi sector has exploded, with good reason. Investors are looking for the best and easiest ways to grow their wallets. $CHOW aims to reimagine the concept of DeFi yield generation through a frictionless utility.
$CHOW is an innovative Ethereum token that charges a 3% transaction fee on every buy, sell, and transfer. This fee is then redistributed immediately to all $CHOW holders proportional to the amount of $CHOW they hold.
To maximize holder return, the $CHOW smart contract prevents certain addresses like the Uniswap pool and exchange wallets from earning fees.
This utility allows for 100% of ALL fees generated to go directly to the holders of $CHOW. Because the transaction fee is higher than other tokens at 3%, this encourages holders to keep their $CHOW as the more they have, the more they earn…
Current Challenges within DeFi
There are many new tokens created and introduced to the crypto space on a weekly basis. The underlying challenge of each is to gain the trust of the community, and trust for their particular utilities and benefits.
To gain this trust, they must have secure contracts and a product that operates as it should. Beyond this, the DeFi projects must also provide benefits to the holders. This is done through various mechanisms, the most common are staking, pools or simply minting new tokens.
In rewarding holders at high levels consistently, a lot of pressure is put on the project and the team. Unfortunately, many projects fail because of the complexities involved to maintain and grow the consumer confidence in the project.
The $CHOW Solution
We believe that simplicity is often the best method and developed $CHOW as such. The basic utility of $CHOW is to award holders with instant, frictionless rewards. These are paid directly to the wallet without the need to collect manually.
Here are the main benefits of the frictionless yield rewards…
- No paying high gas fees to collect rewards
- No waiting period to collect rewards, $CHOW rewards are instant
- No staking or pool fees – most projects have fees to stake, unstake and to claim!
- Smart contract is simple and safe, there is no need for complex code to run featured utilities that could be hacked – and $CHOW is audited by Solidity
- 100% of the tokens are in circulation, all 100 million. There will never be additional $CHOW minted
- Liquidity is locked and there are NO team tokens to prevent any chance of a rug pull scenario
$CHOW the Trailblazer…
From a passive income generator, $CHOW exceeds other similar tokens in the market with the 3% transaction fee which provides more incentive for holders to keep their $CHOW. This utility has proven successful within other projects to prevent rapid supply dumps which adversely effects price.
But this advantage by itself simply isn’t enough to maintain continuous attention to the token that will optimize the investment from the holders. With this in mind, we have created a utility that we have not yet seen in the crypto space as this is constructed.
We want to introduce you to the $CHOW Charity Wallet.
$CHOW Giving Back…
The purpose of the $CHOW Charity Wallet is to create a sustainable future for the token and to give back to important causes in our everyday lives.
For $CHOW, this wallet will drive continuous interest to the token through charity drives. These charity drives will run for a pre-determined length of time either through the $CHOW community or in collaboration with an influencer or partnered with another project.
For each charity drive, the charity wallet will begin with 1 million $CHOW that has already been established through donations from various $CHOW holders. All $CHOW earned in the duration of the event will be sold back into the market and ALL proceeds will be donated directly to the chosen charity.
Each charity drive will be marketed to provide as much publicity as possible to the needs of the charity and the connection to $CHOW. The more activity created during these events, the more $CHOW, thus the more money, will be generated for the holders and the charity.
This is a win-win-win situation for all parties involved.
How do our Charity Drives work?
- Community must work together to build excitement for their charity drive
- Remember, the more volume and activity with the $CHOW token, the more earned $CHOW for the Charity Wallet…
- At the conclusion of their event, all the earned $CHOW for that week will be sold and all net proceeds will be donated to the chosen charity
- The $CHOW Charity Wallet address is public for all to see and track. Proof of all donations will be posted on all $CHOW media outlets. Transparency is paramount to earning and maintaining the community trust!
Interested in tracking the Charity Wallet?
Click either of the links below and scroll down below the $CHOW overview to see the "Filtered by Token Holder” address for the Charity Wallet balance.