What is CHI?
Xaya operates as an open-source blockchain gaming platform with the ambitious goal of transforming the gaming industry. By integrating blockchain technology, Xaya guarantees transparency, security, and genuine ownership of in-game assets—elements that are often absent in traditional gaming platforms. The foundation of Xaya supports multi-chain technology, allowing developers to create decentralised applications (dApps) with few limitations.
The Role of $CHI
$CHI serves as the lifeblood of the Xaya ecosystem, used for transactions within the platform. The cryptocurrency employs a triple-purpose proof-of-work mining system for consensus, reinforcing its security and stability. The total supply of $CHI is capped at 77.3 million tokens, ensuring a finite resource that contributes to its value within the ecosystem. Additionally, the presence of $CHI in the Ethereum ecosystem, as WCHI, broadens its accessibility and trading potential.
For details, please read: What is Xaya?