What Is ChikinCoin(CKC )?
ChikinCoin Initially, pixels are uninitialized, and you must mint them (we display a background image for uninitialized pixels). In addition to the network fee, each minted pixel incurs a 0.001 Sol fee: 100% of the funds raised here will be used to provide liquidity to our decentralized exchanges, allowing users to trade their ChikinCoins against any other token. You can change the color of your owned pixels at any time. The colors are stored in the Solana blockchain, so that everyone can see them. You can use our drawing tool to mint/update a large number of pixels at once!
ChikinCoin Storage Key Points
|Circulating Supply||93,625,121.00 PNG|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
When you own a pixel, you can put it up for sale : • If there is a buy order with a higher price than the sale price, the pixel will be sold immediately, and you will receive your ChikinCoin. • Otherwise, users will be able to see that this pixel is on sale.
You can stake a rectangle of pixels to earn CKC over time through our pixel staking pool, the rectangles can contain one or many pixels, but you must own every pixel inside it in order to stake it. You will receive ChikinCoin rewards over time based on the amount of pixels you have staked. A fixed amount of CKC is distributed among the stakers over time : If you staked 1% of the total staked pixels, you will receive 1% of the total rewards
There are no hidden fee, and you can unstake your pixels whenever you want. Keep in mind that you cannot update or sell your staked pixels, you must unstake them before. You won’t see your staked pixels in the owned pixel page, either. When you stake a rectangle of pixels, a unique standard SPL NFT will be minted to your wallet. This NFT represents the staked rectangle ownership
Data update Cycle
The image you see on the NFT Canvas page is updated regularly based on the latest blockchain data (currently every hours). However, the info displayed when you select a pixel are always up-to-date. The is also a 2 hours cache on the get Token Largest Accounts method that can affect updates when you stake/unstake pixels.
Jupiter Aggregator Currently
They are using Jupiter Aggregator : Jupiter directly connects all DEX markets and AMM pools together no matter the provider and will find all direct and 2-hop routes between any two tokens on Solana.
Not only does Jupiter compare the prices between markets on different DEXes, but often the best priced routes are not direct markets. Instead, Jupiter may find the best price by routing through an intermediary token, e.g. USDC-SOL-CKC instead of USDC-CKC. This may be due to price inefficiencies and/or volatility in the various markets that Jupiter routes through.
Jupiter will split your trade into smaller trade sizes. For example, if you want to make a 100 USDC-CKC trade, it may distribute your trade into a 30 USDC-CKC trade on Raydium and a 70 USDC-CKC trade on Serum. The % distribution of the trades is dynamically determined to give you the best price. Trade splitting helps get better prices for large size trades and trades with tokens where there is shallow liquidity spread out across a number of DEXes
Currently, we charge 0% platform fee on swaps, which means there is no way to find cheaper. We have no plan to change this, but if we do, we will keep the community informed. However, you will still have to pay the DEX fee, in order to reward the liquidity providers. These fee depends on the program you are swapping through (Serum/Raydium/Orca…)