What Is Chow Chow (CHOW)?
Chow Chow is the FIRST token dedicated to giving back to the world through your $CHOW Charity Wallet. Each charity drive begins with 1 Million $CHOW donated through community stakeholders. All $CHOW earned throughout the duration of each charity drive will be sold back into the market where all proceeds will be donated directly to the chosen charity. Proof of charity wallet donations are found under the completed charity drives menu here. More trading activity during each drive = more $CHOW to be donated to the selected charity.
Chow Chow Storage Key Points
|Coin Name||Chow Chow|
|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|
How it Works
Chow Chow charges a 3% transaction fee and re-distributes that fee to existing $CHOW holders instantly and automatically. 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.
$CHOW is audited by Solidity
Smart contract is simple and safe. No need for complex code to run featured utilities that could be hacked. 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, they have created a utility that they have not yet seen in the crypto space as this is constructed.
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 friction less 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 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.
Chow Chow 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
Chow Chow believe that simplicity is often the best method and developed $CHOW as such. The basic utility of $CHOW is to award holders with instant, friction less 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