🩷Token Distribution

There is a total supply of 888,888,888 $CHARIS tokens. However, not every supply is available in circulation due to the vesting schedule of some allocations.

Our only goal is to entertain our users and reward them appropriately as they enjoy and contribute to the world of Zodium. To do so, we built both a transparent and fair token economy where the ownership of the universe is decentralized.

Charis utilizes (CHARIS) as a utility token for its cosmos. By acquiring Charis through various ways, token holders can play games and claim their rewards.

*Charis intends to support chain-swap between multi main-nets:

BNB chain (BEP20), Solana, Blast, Base and Stacks.

Here is how the tokens are distributed across various players and components of the protocol:

• Play-to-earn

The entire Charis ecosystem was built on the play-to-earn economy with Zodium as the core product.

As a result, a great level of attention should be given to the creation and enhancement of the play-to-earn experience of the protocol. This also has to reflect in the token allocation.

20% of the $CHARIS tokens were allocated to the improvement of the play-to-earn products of the protocol, so the end users can have better experience.

• Ecosystem

Charis cannot grow without building its ecosystem. 8% of the tokens were allocated to fostering its growth.

• Team

The Zodium team is making things work behind the scenes. The protocol, in turn, has to compensate them for their time, effort, and intelligence; 20% was allocated for the team.

• Public Sale

At a point, $CHARIS will be tradeable on public decentralized and centralized trading protocols, 10% was set aside for this phase.

• Private Sale

The protocol raised money from private investors who were early believers in its mission. 15% of the tokens were allocated for this sale.

• User Rewards

The users are the ones keeping the protocol running, especially those who stake their $CHARIS tokens. The protocol allocates 20% of the tokens as an incentive to the stakers.

• Advisors

The Web3 space is better navigated with the advice of builders who have built through the bears and bulls.

Advisors have been helpful to the growth of Charis by giving intelligent suggestions for the protocol to sail without fail.

On this note, 7% of the total tokens are obtainable by the advisors for their benefits.

Token Vesting

We have introduced a vesting schedule to manage the economics of $CHARIS. This will help us avoid dumping, promote ethical token holding, and ensure that every key player sticks to the project.

Here is how we planned the vesting: Team: The tokens will vest 6 months after launch. Subsequently, 1/30th of them will be vested over 30 months.

Public Sale: 50% of the tokens will be unlocked at launch and 50% over the next 6 months.

Play-to-earn: 5% of the tokens will be vested at launch, and then the rest will be vested in the next 30 months.

User Rewards: Upon launch, 5% of the allocated tokens will be vested, and the rest will be over the next 30 months.

Ecosystem: Tokens will be vested across a span of 24 months.

Advisor: Tokens will be vested 6 months after launch. Subsequently, it will be unlocked over the next 30 months.