Hey Chimpion Community!
We have a couple of exciting announcements for you as the Chimpion ecosystem continues to evolve.
- We will be facilitating the Chimpion Swap as we improve our smart contract.
From the beginning, Chimpion’s mission has been to drive widespread adoption of crypto for e-commerce. We believe that transparency, security, and open availability are crucial for that, which is why we have to upgrade our smart contract on the Ethereum blockchain.
The new smart contract is based upon the Solidity 5.2 compiler standard using OpenZeppelin libraries and Polymath token distribution. Vesting initial supply is one example of how this standard enhances transparency, as it becomes impossible for the token owner to short or flood their own tokens.
With this upgrade, we will also be introducing burn functions to make it possible to reduce coin supply in the future (as we plan to lock up a lot of the coins over the next three years). These changes will make Chimpion’s smart contracts more fair and secure. This will also help Chimpion to satisfy the requirements of larger, well-known exchanges.
The tentative date for the Chimpion Swap is May 1, 2019 – stay tuned to our Twitter and Telegram for confirmation. Following the Swap, legacy BNANA will not be supported by exchanges. Details on how to swap your BNANA tokens are at the end of this post.
- Banana Token (BNANA) will now be called Chimpion (BNANA)
On a less technical note, Banana Token (BNANA) will be known as Chimpion (BNANA) following the Chimpion Swap. This change is being made because we want to differentiate our coin from other crypto projects with banana-related names and emphasize the Chimpion brand as the face of crypto e-commerce.
How to participate in the Chimpion Swap
There are two ways to swap your legacy Banana Tokens (BNANA) for Chimpion (BNANA).
- Via Chimpion’s Website (Recommended)
Visit www.chimpion.io/swap and enter your ERC20 wallet address and email address. Enter the amount of BNANA that you want to swap, confirm the details, send that amount to the ERC20 address displayed, and confirm your payment. You will receive an equivalent amount of new Chimpion coins, to be sent directly to your wallet and verified by a public confirmation and confirmation email. This option is recommended because it is highly secure and convenient.
- Via Exchange
The Chimpion Swap will be also supported by the exchanges that have listed BNANA: Mercatox, Crex24, and Instant Bitex. Exchanges will support Banana Token deposits from April 15, 2019 to April 30, 2019 at 11:59pm. Starting May 1, the exchange will swap your ERC20 Banana Tokens for the new Chimpion tokens within 48 hours.
For assistance with the Chimpion Swap, contact us on Twitter or Telegram, or email us at [email protected]
Convert BNANA token to CHIMPION token
at 1:1 rate
Please allow us 24 hours to confirm receipt of your BNANA tokens.
Your CHIMPION Tokens will be sent on May 1st, 2019 or sooner.
|ParentAllocation||SubAllocation||SUPPLY||Total Supply||Total Supply||yr+0||yr+1||yr+2||yr+3||yr+4||yr+5||yr+6||yr+7||yr+8||yr+9|
|Merchant, community||Merchant's customer airdrop||AIRDROP||0.020%||20,000,000||10,000,000||0||10,000,000||0||0||0||0||0||0||0|
|Merchant, community||Merchant's store creation||MERCHANT||30.00%||30,000,000,000||2,100,000,000||2,400,000,000||2,400,000,000||2,700,000,000||2,700,000,000||3,000,000,000||3,300,000,000||3,3600,000,000||3,3900,000,000||3,3900,000,000|
|Foundation payroll||Products support||PAYROLL||6.00%||6,000,000,000||480,000,000||480,000,000||540,000,000||600,000,000||600,000,000||660,000,000||660,000,000||660,000,000||660,000,000||660,000,000|
|Foundation payroll||Merchant support||PAYROLL||1.00%||1,000,000,000||80,000,000||90,000,000||100,000,000||100,000,000||100,000,000||100,000,000||110,000,000||110,000,000||110,000,000||100,000,000|
|Strategy partners||Shopping Cart Elite||PARTNERS||3.00%||3,000,000,000||3,000,000,000||3,000,000,000||3,000,000,000||3,000,000,000||3,000,000,000||3,000,000,000||3,000,000,000||3,000,000,000||3,000,000,000||3,000,000,000|
|Strategy partners||Bitcoin Diamond||PARTNERS||0.80%||800,000,000||80,000,000||80,000,000||80,000,000||80,000,000||80,000,000||80,000,000||80,000,000||80,000,000||80,000,000||80,000,000|
|Strategy partners||New partners||PARTNERS||0.80%||800,000,000||80,000,000||80,000,000||80,000,000||80,000,000||80,000,000||80,000,000||80,000,000||80,000,000||80,000,000||80,000,000|
|Strategy partners||Exchanges & wallets||PARTNERS||0.40%||400,000,000||80,000,000||80,000,000||80,000,000||60,000,000||29,200,000||20,000,000||20,000,000||10,800,000||10,000,000||10,000,000|
|Team and advisors||Legal||ADVISORS||0.05%||50,000,000||5,000,000||5,000,000||5,000,000||5,000,000||5,000,000||5,000,000||5,000,000||5,000,000||5,000,000||5,000,000|
|Team and advisors||Lead advisors||ADVISORS||0.40%||400,000,000||28,000,000||32,000,000||36,000,000||40,000,000||44,000,000||44,000,000||44,000,000||44,000,000||44,000,000||44,000,000|
|Team and advisors||Senior advisors||ADVISORS||0.30%||300,000,000||21,000,000||24,000,000||27,000,000||30,000,000||33,000,000||33,000,000||33,000,000||33,000,000||33,000,000||33,000,000|