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The History of Swissborg (CHSB)
Swissborg is a Swiss exchange platform founded in 2017 that is very popular in French-speaking territories. It became known in France thanks to Hasheur's video in December 2020. (view video)
Swissborg is an exchange aggregator allowing the user to buy crypto-currencies at the best price in real time.
The $CHSB token
SwissBorg's multi-utility token (CHSB) is at the heart of the SwissBorg ecosystem. In particular, it allows you to boost the returns offered by the SwissBorg application and to access numerous advantages. The innovative uses of the token can be summarised in 4 categories:
- The Protect & Burn: 20% of the generated revenues are poured into a pool aiming to protect the token's price. When the token price reaches a "bearish" zone, tokens are bought back on the market and then burned to decrease the supply.
- Staking for Premium Membership: A user can stake their CHSBs in exchange for all the Premium benefits of the Swissborg application (boosted returns, reduced fees,...).
- Governance : The future of the CHSB and its ecosystem belongs to the members of the community. They obtain a right to vote, thanks to the proof of ownership of the utility token during referendums. SwissBorg has set up the first referendum on blockchain.
- The CHSB Yield Program: It is possible to earn a return on CHSBs.
The value of the CHSB is clearly correlated to the development and success of SwissBorg, but also to the behaviour of the users with regard to the token.
The status of the ecosystem can be viewed in real time here. SwissBorg's goal is to make the token increasingly rare in order to reward its community in the long term.
Swissborg X Meria
The ecosystems of Swissborg and Meria are getting closer and closer. The first collaborations were born in the summer of 2020, first through our CEO Owen Simonin (Hasheur). Today, our two ecosystems are moving forward hand in hand on several topics (technical, legal and marketing). This listing is one of the first public materializations of this rapprochement.
