The CHSB token is an ethereum (ERC-20) multi-utility token that embodies the basis of the SwissBorg Ecosystem.
CHSB can be used by our community member to participate in the referendums and also provides you with the following advantages:
What are the fundamental goals of the CHSB development?
- Accelerating the decentralization of the ecosystem: become an incentive mechanism for participants to contribute to the growth of the ecosystem.
- Rewarding participants for their loyalty: We believe in increasing the CHSB value as the community grows and provide mechanisms for staking and other forms of loyalty.
- As a result, becoming the symbol of the value of the DAO (Decentralized Autonomous Organization): the more the participants experience its value, the more they interact with the token and eventually understand the underlying concepts supporting the existence of the DAO. Thus, being a token holder is a source of pride and the living proof of true alignment between the DAO and its participants.
You can also find the CHSB overview here.