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Description

Events function as ephemeral economies, providing a prime opportunity for the integration of cryptocurrencies and blockchain technology. Nevertheless, existing blockchain platforms are often hindered by sluggish transaction rates, environmental concerns, high fees, and the lack of off-grid payment options. The CHI Network emerges as a decentralized blockchain and DAO tailored for the events sector, facilitating off-grid transactions. It is interconnected with well-known networks such as Ethereum and utilizes CHI Coins, X Cash, and various rewards systems. By staking and locking CHI tokens, users can earn additional rewards based on their X Cash holdings, along with other benefits like chargeback options. Transaction fees for utilizing protocols and the ticket marketplace are deducted in CHI tokens. Revenue generated is split equally between the event organizers and the CHI Network DAO. The tokens serve as collateral for proposals within the CHI Network and its associated Event DAOs. Furthermore, by staking CHI Tokens in the court pool, individuals can serve as jurors and receive CHI Token rewards for resolving disputes within the DAO, thus fostering a participatory ecosystem. The system is designed to enhance user engagement and ensure fair resolutions within the community.

Description

Engage in staking and acquire stkASSETs to ensure liquidity for assets that are typically locked. Utilize the flexibility of these liquid stkASSETs to access DeFi ventures while simultaneously earning rewards from staking. Bypass the lengthy processes of unstaking and unbonding by swapping stkASSETs directly for native assets. pSTAKE serves as a liquid staking platform that liberates the liquidity of staked assets. Those staking PoS tokens can now secure their investments while keeping these assets liquid. By staking through pSTAKE, participants not only gain staking rewards but also receive tokens (stkTOKENs) that are pegged 1:1, which can be leveraged within DeFi for supplementary yields beyond the initial staking rewards. This innovative protocol truly reveals the potential of staked PoS assets, such as ATOM. Token holders participating in PoS can easily deposit their tokens onto the pSTAKE platform to generate 1:1 pegged ERC-20 wrapped unstaked tokens, known as pTOKENs, like pATOM. This enables users to maximize their earning potential while maintaining a flexible approach to asset management.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

CHI Network

Founded

2022

Country

Switzerland

Website

chinetwork.io

Vendor Details

Company Name

pSTAKE Finance

Website

pstake.finance/

Product Features

Product Features

Alternatives

Alternatives

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