With the CHART BSC Liquidity Mining event kicking off on 0.Exchange in 3 short days we felt it a perfect time to announce our new CHART economic model.
As we prepare to be the first full candlestick charting service to offer support for Ethereum, Avalanche, and Binance Smart Chain we are getting close to exiting beta and beginning our subscription service. Our subscription service has always been a top priority to bring value back to CHART holders, but gas fees on Ethereum have always made it a very difficult value proposition. The Avalanche and Binance Smart Chain blockchains have changed that equation dramatically.
The CHART subscription service will start later this month — the focus of which is intended to drive maximum value to the CHART token and the ChartEx platform.
Tier 1: Holding 2000 CHART or 500 ZERO
- secures your ability to save and load charts and indicator layouts
- Live candles from Binance Smart Chain and Avalanche blockchains
- Trade on-the-page for supported DEX platforms
Tier 2: Holding 3000 CHART or 750 ZERO
Everything from Tier 1 plus:
- create up to 3 watchlists
- Price Alerts via Telegram*
Tier 3: Holding 4000 CHART or 1000 ZERO + $10 Subscription paid in CHART
Everything from Tiers 1 & 2 plus:
- create up to 10 watchlists
- Whale trades sidebar
- Whale tracking telegram bot*
- Whale alert telegram bot*
Tier 4: Holding 5000 CHART or 1250 ZERO + $20 Subscription paid in CHART
Everything from Tiers 1 & 2 & 3 plus:
- create up to 20 watchlists
- Highlight recent trades by the same address
- Overview of buy/sell volume by wallets
- Trade analytics sidebar
- Technical Analysis screening Telegram bot
This new subscription model becomes the new economic model for CHART. 70% of all subscription fees collected will be burnt making the CHART token deflationary. The more partnerships and subscribers we are able to accrue, the faster the burn will occur. The entire subscription model becomes self sustaining in terms of returning value to CHART holders.
Better yet, since subscriptions are rolling in 30 day windows, and the burn occurs at the end of the users’ 30 day window, the burn is both unpredictable and constant — thus making it unable to be gamed.
We at ChartEx have always felt we had superior charts, and now we think we have an economic model to reflect our charting product.
ChartEx is a leading provider of full Candlestick charting for markets on AMM platforms on both Ethereum and Binance Smart Chain. 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.