What is Chainge?
Chainge Finance is a DeFi application that is running on the Fusion blockchain. This application allows you to take complete control over your assets and interact with financial instruments without the presence of any intermediate parties. Chainge aims to enable users to give up their central banking systems for a financial world offering better stability, security, and transparency.
The Chainge crypto project features cross-chain interoperability powered by the Fusion DCRM technology. This gives users the luxury of a seamless experience and fast transaction speeds. Chainge chose the DCRM technology as it claims that this is currently the best cross-chain technology in the market that allows for unmatched user experience.
The Chainge price in the market is directly dependent on the smooth functioning of this Fusion DCRM technology. The Chainge coin also enables users to discover both the Futures and Options Decentralized Exchange markets and manage these markets through smart contracts.
Chainge is also looking to enter partnerships with different crypto banks which will allow for easy transactions between bank accounts that are operating overseas or in remote locations. The goal of this feature is to allow users to easily switch from fiat to cryptocurrencies with just a tap of a button. Finally, users can also make use of time-framing and liquidity pools.
Chainge Features
Chainge provides users with several different features and services that place them above the competition. The platform relies on the smooth functioning of these features for the stability of the Chainge price in the market. For starters, Chainge provides users with a third parameter called time, in addition to the traditional parameters of type and quantity for more added value to assets.
Moreover, with the help of DCRM technology, Chainge provides users with a secure wallet that takes seconds to set up. This wallet is immune to hacks and has seed phrases that can be easily encrypted using a QR code.
Besides, Chainge offers great value annual yields that allow you to earn passive income. The platform provides users with a vast decentralized derivatives market that allows for easy exchange of spot assets. Also, through the escrow service, Chainge allows users to replace traditional contracts for a legal arrangement until the terms of service are complete.
What is CHNG Token?
The native token of the Change platform is called CHNG. The CHNG price in the market is directly dependent on the smooth functioning of the platform and its services. There is a total supply of over 814 million CHNG tokens, of which over 10% were distributed to the community before the release of the application. Chainge dedicates 25% of its profits to buy back CHNG from DEXs and burn it. This helps to keep the CHNG price relatively stable. Besides, not that there was no taken sale for this coin and no tokens were allocated to the team members behind Chainge Finance.