Chromia

CHR token utility

Act as platform currency

CHR is used as a “standard” currency within the Chromia economy, as dapps can collect it as fees, or use as reserves to peg their own tokens, etc.

Payment of hosting fees

CHR is used by dapps to pay hosting fees, thus compensating the nodes.

Ecosystem staking

CHR is used to make sure that providers have a stake in the Chromia ecosystem thus offsetting incentives to collude.

System-wide purposes

Chromia has several special Chroma token accounts that are used for system-wide purposes, such as ERC20 token pegging, system node compensation pool, development pool, etc.

Key data points

CHR PRICE

$ 0.304

Circulating supply

812,434,439 CHR

Maximum supply

978,064,789 CHR

Staked CHR tokens

241,839,031 CHR

Release schedule

Ecosystem Fund

Promotional Fund

Private Sale

Founders

IEO

Auto Conversion Contract

Advisors

Team

System Node
Compensation Pool

The graph shows the breakdown and the total number of CHR tokens already released up to a specific month. The Promotional Fund, and Automatic Conversion Contract will continue to be distributed in 2025 and beyond.

CHR token distribution

One billion CHR tokens was created upon launch of the Chromia system. That constitutes the token supply limit, which means that no tokens will be created in the future. The following pie-chart illustrates the initial CHR token distribution.

Ecosystem Fund

37.25%

Promotional Fund

25%

Private Sale

19.40%

Founders

4.5%

IEO

Auto Conversion Contract

Advisors

1.92%

Team

2.93%

System Node
Compensation Pool

FAQ

Where to buy CHR?

CHR is listed on several major cryptocurrency exchanges. Information about where to buy the CHR token can be found on CoinMarketCap and Coingecko.

How do I stake CHR?

If you own CHR tokens, you can stake them at https://chromia.com/staking/ or read an article by our CTO Alex Mizrahi “Chromia staking mechanics” in our blog.

Is CHR an ERC20 token?

Currently, CHR is an ERC20 token. However, when the Chromia mainnet is launched, there will be a transition from an ERC20 token to a native one.

What is the source of your data?

The CHR price is an average of yesterday’s closing price on some major exchanges.
Current circulating supply is taken from the smart contract as of yesterday.
Total circulating supply is as in whitepaper minus burned tokens.
The number for staked tokens is taken from the smart contract as of yesterday.

Wasn't 1,000,000,000 CHR the total circulating supply?

As stated in the white paper 1,000,000,000 CHR is the maximum number of CHR tokens that can ever be minted. However, the circulating supply got reduced after the burn of ~22M CHR in May 2020.

What are the functions of the CHR token within the Chromia platform?

We believe that CHR is the “bread and butter” of the Chromia platform. It has the following roles in Chromia:

It is used by dapps to pay hosting fees, thus compensating the nodes. Similar to how tokens are used in Ethereum to pay transaction fees and compensate block producers, Chroma tokens are used in Chromia to compensate block-producing nodes.
It is used as a “standard” currency within the Chromia economy, as dapps can collect it as fees, or use it as reserves to peg their own tokens, etc.
It is used to make sure that providers have a stake in the Chromia ecosystem thus offsetting incentives to collude.
Chromia has several special Chroma token accounts that are used for system-wide purposes.

To read more about the CHR token ecosystem in our whitepaper.

What is the CHR token contract address?

You can review the CHR token address at Etherscan: https://etherscan.io/token/0x8A2279d4A90B6fe1C4B30fa660cC9f926797bAA2

You can also review the CHR token address at Bscscan: https://bscscan.com/token/0xf9CeC8d50f6c8ad3Fb6dcCEC577e05aA32B224FE

Disclaimer: The CHR token is designed as a utility token that can be used within the Chromia platform. The information provided on this website is solely for information purposes only and does not constitute investment advice whatsoever.

the CHR token