Charting Our Path Forward
In our previous medium posts we said bon voyage to our founder and in the one previous we said hello to our Dashboard and Moonriver charting.
What we did not touch on in either of these posts is ChartEx’s explosive growth over the last 30 days.
Over the last 30 days we have seen:
- 103,830 new users access the platform
- Averaging 49 users accessing ChartEx per minute
- Over 3 minutes typical engagement time
- Over 1.25 Million page views
We’ve had to upgrade our server infrastructure not once, not twice, but THREE times.
We are the only charting solution offering full candlestick charting, watchlists, whale trades, exchanges data, saving and loading of charts, on the page trading, address analytics, trade and liquidity analytics across Ethereum, Binance Smart Chain, Avalanche, Polygon, and Moonriver — with Fantom coming soon.
We have grown from fledging charting solution to the premier charting solution for DeFi. It is with that growth in mind that we recognize a need to finally introduce a simple and easy subscription model that will become the basis for the ChartEx economic model.
Introducing ChartEx Subscriptions
Over the past few months we’ve received a tremendous amount of community feedback around tiers and pricing and as such we’re adjusting the offering according to that feedback and in alignment with what we feel is best for the CHART token ⤵️
The subscription model will be broken into two very simple tiers.
FREE Tier
- Access to all AMMs on Ethereum and Polygon
- Access to Charts on Ethereum and Polygon
- Access to the Dashboard
- Access to Exchanges Data
PREMIUM Tier ($100 / Month)
- Access to all AMMs on Ethereum and Polygon
- Access to Charts on Ethereum and Polygon
- Access to Charts on BSC, Moonriver, Avalanche, and Fantom Charts (launching soon)
- Access to the Dashboard
- Access to Exchanges Data
- Access to Whale Trades
- Save and Load Charts
- On-the-page Trading
- Up to 20 Watchlists
- Address Analytics
- Volume Insights
- Whale Trades Sidebar
- Telegram Price Alerts
- Whale Tracking Bot
- Wallet Alerts Bot
- Ad-Free
This economic model works extremely simply. 70% of the revenue collected goes into token buybacks and 30% goes to the treasury.
After doing a deep analysis on CHART holders, specifically around how much CHART they are holding and how long they have been holding — we feel this is a necessary change to ensure the token growth starts to match that of the platform.
We recognize this is a significant shift from the long-term grandfathering we have allowed in the past and as an appreciation to those long-term holders we will be offering a one-time 35% discount on subscriptions to those holders.
Your subscription can be paid for in USDC / USDT / DAI / CHART on any of our supported chains (Ethereum, BSC, Avalanche, Polygon, and Moonriver).
You can purchase your subscription month-to-month or receive a 25% discount by purchasing the 12-month Annual Package ($900). All Annual Packages will be able to claim a FREE CHART Shark NFT on launch of the NFTs!
NOTE: The Annual Package Discount (25%) AND the One-Time Grandfathered-Holders Discount (35%) can be combined. A 12-month Annual Package for those holders will cost $585!
Subscriptions will launch on November 2nd, 2021.
Why hold CHART?
We recognize the question that is now on the mind of every holder is why hold CHART? What utility does the token now have?
Constant Token Buybacks
Every month, 70% of all subscription fees collected will feed into token buybacks. This, along with being able to pay for your subscription in CHART token, ensures a tremendous amount of the CHART token exits circulation.
ChartEx DAO
In the near future we intend on introducing the ChartEx DAO. This will enable CHART holders to have a direct say into where ChartEx fees are going and how they are utilized.
ChartEx Data
ChartEx already has the best trade data in the business — bettering even the Graph Protocol. It’s time to put the data to use.
Introducing ChartEx Cloud
ChartEx has set a new standard on a new implementation of blockchain. Starting with Uniswap, ChartEx has provided the fastest live data for automated market makers on a multitude of blockchains. With more and more competitors popping up, offering the same services for free, it’s time for ChartEx to pivot its token utility with the ChartEx Cloud.
ChartEx Cloud is a high-performance API providing indexed trades and statistics on automated market makers on a multitude of blockchains.
ChartEx Cloud’s powerful abstraction layer is designed to provide market makers, arbitrage players, aggregators, and data providers with the data they need at low latency.
To access ChartEx Cloud, users will have to deposit CHART tokens. Every request will require a small amount of CHART tokens. Running out of CHART means no access to the service.
ChartEx.pro, the web-app, provides visual data, such as charts, metrics, watchlists, and alerts. Cloud, on the other hand, will be an API on which users can request live data in exchange for CHART tokens. ChartEx.pro is build on top of Cloud, but it is not the same thing. Other charting websites holding CHART are free to use Cloud, because in the end, the token holder will still benefit from this.
A new future for ChartEx and the CHART token begins today!
About ChartEx
ChartEx is a leading provider of full Candlestick charting for markets on AMM platforms on Ethereum, Binance Smart Chain, Polygon, Avalanche, and Moonriver. It was the first platform to offer mainstream charting for Uniswap, PancakeSwap, Sushiswap and many other AMMs not covered by typical charting providers. It continues to pioneer in development of tools to benefit Defi trades with it’s user-centric ethos to product development.
