At the moment, the strongest and most popular is "Metaverse", which is everywhere, in news, Spring Festival Gala, KOLs in various industries, social media, etc. Facebook changed its name to Meta, and Baidu released the metaverse product "Xirong" , Google, ByteDance, Amazon and other global Internet giants are all in the "metaverse name", are deploying and cultivating metaverse products.

Therefore, the Metaverse is not only the attention and excitement of crypto investors, but also a rare "opportunity" in the transformation of this era. It will inevitably lead to a large number of enterprises and users pouring into the Metaverse, and will also bring a large number of digital assets and various application requirements. In the metaverse, human beings will survive in the form of data in a deeper way, and countless small and medium-sized enterprises entering the metaverse need the support of chain reform.

Therefore, the metaverse market and applications are infinitely broad, and the competition of the underlying public chains is far from settled, and there will even be new competitors in the future, especially an exclusive metaverse "public chain" is even more commendable. In the universe world, only those who obtain the public chain can gain the world. The CHX Metaverse Public Chain was born in the context of this era!

1. What is the CHX Metaverse Public Chain?

CHX is a complete and extensive digital trust, tradable digital assets, equity digital token shares of real enterprises, lending, real-world applications of the Metaverse, and a global open source blockchain token application ecological platform to realize chain games, digital A blockchain token application ecological platform integrating transaction and circulation such as currency, entity equity, enterprise token, expansion and application of metaverse concepts. And adhering to the development concept of "developing the digital economy, assisting economic and social development and the real application of the Metaverse". At present, the DeFi tokens developed based on TRON Chain are applied to the whole industry chain field of agarwood. After the infrastructure is perfected (expected in 2023), it will be mapped to the main network. 9,136 TOKENs were issued, 7,000 were destroyed by transaction deflation, and only 2,136 were in the end. 3,000 in private screen, 2,000 in Lianchuang pool, 1,136 in technology and global push, 1,000 in pot, 500 in ecological construction, and 1,500 in airdrop; transaction fee is 10%.

Unique smart contract address: TLCEaPNb9jMsD2gjSfHNxHZPWmwoq1a1xc

Airdrop trading revenue model

From the perspective that currently plagues the development of the Metaverse, the biggest problem is the "enterprise chain reform" problem. The traditional enterprise chain reform not only has a high threshold, a long cycle, and a high cost, especially when the Metaverse era is coming, how to quickly, efficiently, and cost-effectively Help enterprises capture resources, users, etc. on the metaverse.

CHX is a window for small and medium-sized entrepreneurs, which can help enterprises to reform their chains quickly, efficiently and at low cost, and promote the application and transformation of the metaverse era. Perhaps the Metaverse Enterprise Chain Reform will be the most popular application scenario of the Metaverse in 2022, and CHX will also be a key link to kick off the first year of the Metaverse Enterprise Chain Reform!

2. Why does CHX need a chain reform application?

First of all, the physical assets of human society are moving towards virtual assets, which is a large historical dimension. Secondly, due to the high concentration of decision-making power and management power in traditional enterprises, it is inevitable that project information cannot be received by all project participants at the same time and fully. Information asymmetry often induces moral hazard. Whether the decision-making level is based on its personal interests or the overall interests of the project often leads to contradictions, and when conflicts occur, the decision-making level is likely to choose the former. This moral hazard is unavoidable in the traditional way of economic operation.

Countless small and medium-sized enterprises around the world are already trapped in traditional business fields and are eager for new businesses or new tipping points. Metaverse is undoubtedly the "life-saving straw" for small and medium-sized entrepreneurs. In the face of countless small and medium-sized enterprises in the world, the market space is infinite, but there are few enterprise chain reforms that can provide "low threshold, high efficiency, and short cycle" for small and medium-sized enterprises.

3. How does CHX Metaverse realize enterprise chain reform?

The enterprise chain of CHX Metaverse Public Chain uses Token to integrate producers, sellers and consumers, redefine the production relationship, and then penetrate into the entire industrial chain to form a community of destiny. This new mechanism will show its various advantages when it encounters scenarios suitable for its play, promote economic development, and promote social equity.

The highlight of the CHX Metaverse chain reform is that it can open a one-key chain reform mode through smart contracts, and by reducing the cost of the value industry chain and improving the efficiency of the value industry chain, each valuable node can be compliant with value ownership confirmation, Divide, circulate, store. Let the entire Metaverse underlying network reorganize, create new algorithms and establish a new program trust mechanism, especially when the effective value and useful value are circulated on the Metaverse, to achieve true free dissemination, and to establish a distributed ledger for the interconnection of all things, Realize value sharing among various nodes, empower the transformation and upgrading of the real economy, and solve the pain points of industrial development.

4. Core functions of CHX lending

(1). Mortgage rate

Collateralization rates may vary for different collaterals. The type of collateral and the specific collateral rate in the early stage are determined by the team (the current acceptable collateral rate for internal testing is 85%), and the later stage is determined by Dao.

(2). Interest rate model

The CHX protocol and Compound protocol use the same interest rate model to achieve interest rate equilibrium based on supply and demand in each money market. The "interest/capital occupation" will follow the bonding curve.

(3). Margin mechanism

When the market goes down, the protocol allows users to repay part of the loan first to lower the liquidation trigger line. The V2 version will support users to directly increase the value of LP by adding two tokens through the CHX protocol, which is equivalent to increasing the margin.

(4). Liquidation:

If the value of the outstanding loan/collateral value of an account reaches a certain threshold, CHX will execute the liquidation procedure to eliminate the agreement risk. This threshold will cause a certain price difference between the liquidated assets and the assets to be repaid, thereby creating a an auction market. If the price of the collateral continues to fall during the auction, the forced liquidation procedure will be triggered.

Promote the development of productivity by improving production relations, improve efficiency, advocate the establishment of a trustworthy and fair new economic operation mechanism, and empower traditional enterprises. This is the mission of the CHX Metaverse Public Chain!

CHX Metaverse may be a revolutionary innovation that changes the market pattern and paradigm of the Metaverse chain. It creates unlimited market applications for the enterprise chain to change, not only to gain benefits, but also to represent the pioneering “symbol” of the chain reform in the Metaverse era, accelerating the promotion of The metaverse digital economy is evolving, so it will become a very hot concept in the capital market, with huge potential in the future.