Chainge proposes approval of $13 million capital infusion that will put 50 million XCHNG tokens in circulation

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Cointime2024/04/02 01:45

By:Cointime

Cross-chain liquidity protocol Chainge has proposed a new plan that requires approval from the DAO to inject $13 million in funding from a well-known investment group. This move will make 50 million XCHNG tokens available, equivalent to approximately 10% of the current supply. The investment aims to boost the utilization of Chainge's products and services, ensuring a minimum profit of $1 million in Q2.

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