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ChillPill is aimed at onboarding new users to the $FTM ecosystem, focusing on DeFi and NFTs education. The project leverages community engagement and deep ecosystem knowledge for accelerated growth. Initially launched through a fair launch LGE event, it raised 160K $FTM, followed by creating a $100K LP pool on Equalizer. ChillPill's roadmap includes single-side token staking, LP staking, NFT staking, and loot boxes with random $FTM NFTs. The token currently facilitates participation in raffles, with plans to extend its utility for staking and loot box openings. This strategic approach aims to create a robust and engaging experience for new and existing users alike.
ChillPill is aimed at onboarding new users to the $FTM ecosystem, focusing on DeFi and NFTs education. The project leverages community engagement and deep ecosystem knowledge for accelerated growth. Initially launched through a fair launch LGE event, it raised 160K $FTM, followed by creating a $100K LP pool on Equalizer. ChillPill's roadmap includes single-side token staking, LP staking, NFT staking, and loot boxes with random $FTM NFTs. The token currently facilitates participation in raffles, with plans to extend its utility for staking and loot box openings. This strategic approach aims to create a robust and engaging experience for new and existing users alike.
ChillPill aims to onboard new users into the Fantom ($FTM) ecosystem by educating them on decentralized finance (DeFi) and non-fungible tokens (NFTs). Leveraging its in-depth understanding and strong community connections, ChillPill seeks rapid growth within the Fantom ecosystem.
ChillPill stands out due to its strong community interaction, extensive knowledge of the $FTM ecosystem, and strategic connections. These elements enable ChillPill to grow swiftly and uniquely contribute to the DeFi and NFT space within the Fantom network.
ChillPill commenced with a Liquidity Generation Event (LGE) on a fair launch platform known as LBP. Over a three-week period, the project successfully raised 160k $FTM, which facilitated the creation of a $100K liquidity pool on Equalizer, a leading decentralized exchange on the Fantom network.
ChillPill is developing features such as single-side token staking, LP staking, and NFT staking to enhance annual percentage rates (APRs). The project also plans to introduce loot boxes containing random $FTM NFTs, which will offer additional utilities for their token.
Currently, ChillPill tokens are used for NFT raffles. However, upcoming functionalities will allow these tokens to be staked and used for opening loot boxes, providing holders with opportunities to engage with the platform and potentially increase their returns.
As ChillPill expands into staking and loot boxes, users may need to familiarize themselves with the staking processes, including how to stake single tokens, liquidity pools, and NFTs. Understanding these mechanics and staying informed on updates will help users maximize their participation benefits.
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