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About Chintai CHEX Auction(CHEX)

What problem does Chintai CHEX Auction solve? (or: what human need does it satisfy?) and how exactly does it do so?

Token holders wishing to lease out to the highest income source will be able to do so efficiently with “CHEX Smart Matching”. Chintai will convert all lender assets into CHEX as its shared liquidity pool from which to convert into whatever underlying asset for leasing is required. i.e. EOS, WBI, TLOS, dApp Bonds, SFTs (semi-fungible tokens), and NFTs (non-fungible tokens).

This feature can be executed in markets the lender specifies, or automated to seek out the highest possible passive income return that can be found at any given time. Thus, holding CHEX in Chintai could allow lenders to receive passive income as interest from borrowers paid in the form of CHEX. For borrowers, the conversion activities carried out by Chintai to fill orders are invisible. Chintai will match cross-market orders based on the desired rate and length of time; handling the bandwidth resource management and token conversions automatically.

In the future, BTC or ETH holders may also be able to leverage CHEX Smart Matching to seamlessly convert into CHEX, and automatically receive continual passive income from whatever competing sources offer and generate the best ROI. Lenders will be able to stop earning passive income and convert back out again on their own terms.

How is the idea monetized? How do the token holders profit?

This is a utility token, it is necessary to use the Chintai exchange. The Chintai exchange allows users to earn passive income from their EOS or other cryptocurrency resources.

Team

Chintai CHEX Auction's team members.

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Tokenomics

Token Info

Available tokens: 60% Price: Its a dutch auction, the price will be decided by the bidders Buy with: EOS Platform: EOS Location: Cayman Islands

Other Info

MVP/Prototype: Yes Escrow: No Category: Exchange & Trading

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What problem does Chintai CHEX Auction solve? (or: what human need does it satisfy?) and how exactly does it do so?

Token holders wishing to lease out to the highest income source will be able to do so efficiently with “CHEX Smart Matching”. Chintai will convert all lender assets into CHEX as its shared liquidity pool from which to convert into whatever underlying asset for leasing is required. i.e. EOS, WBI, TLOS, dApp Bonds, SFTs (semi-fungible tokens), and NFTs (non-fungible tokens).

This feature can be executed in markets the lender specifies, or automated to seek out the highest possible passive income return that can be found at any given time. Thus, holding CHEX in Chintai could allow lenders to receive passive income as interest from borrowers paid in the form of CHEX. For borrowers, the conversion activities carried out by Chintai to fill orders are invisible. Chintai will match cross-market orders based on the desired rate and length of time; handling the bandwidth resource management and token conversions automatically.

In the future, BTC or ETH holders may also be able to leverage CHEX Smart Matching to seamlessly convert into CHEX, and automatically receive continual passive income from whatever competing sources offer and generate the best ROI. Lenders will be able to stop earning passive income and convert back out again on their own terms.

How is the idea monetized? How do the token holders profit?

This is a utility token, it is necessary to use the Chintai exchange. The Chintai exchange allows users to earn passive income from their EOS or other cryptocurrency resources.

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