Chimpzee Continues Giving Back to the Environment

The philanthropic passive income meme coin ecosystem, Chimpzee, continues giving back to its community after announcing its new staking utility ahead of its first exchange launch.Chimpzee is a Web3 project that provides its holders with a passive income while raising funds to donate to charitable organizations to help prevent deforestation and save endangered animals.Its presale was a remarkable success in 2023, raising $2.7 million in the process. The team made a string of exceptional donations during its presale and is gearing up to make more in the coming weeks.Now, the community can earn additional rewards through staking. Here’s everything you need to know.Chimpzee recently announced that it would launch an innovative staking utility to give back to its community, allowing it to earn more $CHMPZ tokens for locking its idle assets into the platform.The team listened to the feedback from the Chimpzee Army during its vesting period and decided a staking utility would be utilized by those fiercely loyal to the ecosystem.The new staking utility will allow $CHMPZ holders to stake their assets and earn up to 30% APY. The more $CHMPZ is staked into the utility, the more it is earned.Furthermore, those lucky enough to buy a Chimpzee NFT Passport can stake their NFT and $CHMPZ tokens to earn an impressive 50% APY.Alternatively, the NFT Passport can be staked alone to earn a 20% APY.Overall, the staking utility is bringing another reason for the community to stick around as they can earn a passive income while knowing they are helping make the world a better place.Furthermore, Chimpzee recently completed its burning promise and has reduced the supply of $CHMPZ to just 25 billion tokens.

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