Chimera

$0.001599
0.00%
CULTERC20AVAX0x59821011487236adE7F9823F028fc6D5F37588772024-03-24
Chimera (CULT) is a cryptocurrency token linked to the Chimera project, which combines meme culture with decentralised finance (DeFi). Operating on the Avalanche blockchain, Chimera aims to create an engaging ecosystem through gamified elements and community participation, integrating financial innovation with meme culture, thus creating a social experiment in the crypto space. CULT is primarily used for staking, allowing users to earn rewards through staked tokens, which auto-compound as sCULT. Additionally, CULT is integral to quests and activities that engage and incentivise the community. Users can also earn Faith Points through rituals, further blending cultural and financial elements.

Chimera (CULT) is a cryptocurrency token associated with the Chimera project, which blends meme culture with decentralised finance (DeFi). The project operates on the Avalanche blockchain and aims to create an engaging and interactive ecosystem through gamified elements and community participation. Chimera focuses on the unique integration of financial innovation with the cultural aspects of memes, promoting a social experiment within the cryptocurrency space.

Chimera (CULT) serves multiple purposes within its ecosystem. Primarily, it is used for staking, allowing users to earn rewards by holding and staking their tokens. Stakers receive sCULT (staked CULT), which auto-compounds to increase the balance over time. The token also plays a role in various quests and activities designed to engage the community and incentivise participation. Additionally, users can participate in rituals and other activities to earn Faith Points, further integrating the cultural and financial aspects of the project​.

Although 'CULT' was the ticker assigned at the deployment of the Chimera Token's smart contract, it is already in use by another asset that has a larger market presence and higher trading volume on major exchanges. Due to this pre-existing association and to avoid confusion in the marketplace, the alternative ticker 'CHIM' has been adopted for this token. This designation is specifically used to ensure that assets are distinctly identified.

Chimera (CHIM) Price | CHIM to USD Price and Live Chart