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Shibarium Chomp (ticker: CHOMP) is the first non-native ERC20 token designed for the Shibarium Chain. Chomp fosters the largest token community dedicated to the Shibarium chain. Crucially, Chomp brings multiple defining utilities for Shibarium, including the Chomp OTC Bridge, ChompDown Liquidity Locker, and more. In addition, through both public and private partnerships, Chomp establishes itself as a pioneering player in Shibarium.
The Chomp OTC Bridge is a smart-contract-powered OTC solution that will first be used for the token migration to the Shibarium chain. It provides a semi-trustless model that prioritizes speed and two-way interoperability, serving as a bridge for other tokens. ChompDown Liquidity Locker adds legitimacy to the growing Shibarium chain with its simple interface, industry-leading fees, and best-in-class non-reentrant liquidity locker contract. All locker fees go back into the tokens as buyback and burn.
Shibarium Chomp also introduces The Shibes NFT Collection, featuring 10,000 unique Shibas to celebrate their autonomy on the new chain. During the migration to Shibarium, users who bridge their tokens will receive a memento for their early involvement. Every 0.1% bridged across entitles the user to 1 Shibe NFT. The remaining Shibes will be available to mint on the first NFT marketplace on Shibarium in partnership with @shibazaar_io. With a total supply of 1 billion and 100% locked liquidity, CHOMP offers a trustworthy investment opportunity on the Shibarium Chain.
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