MEVerse Connect
  • Introduction
  • Roadmap
  • Team
  • Governance
    • Phase1 - Autonomous Team
    • Phase2 - Community Governance
    • Phase3 - DAO
  • Tokenomics
    • Cherry
      • KCherry (Klaytn)
    • Buyback & Burn Mechanism
  • Networks
    • Klaytn
      • kCherry Tokenomics
      • Fees (Klaytn)
      • Pairs and Pools
  • Previous Network
    • Binance Smart Chain
      • Launch
      • Cherry Tokenomics
      • Vault (BSC)
      • Pairs and Pools
    • Polygon Chain
      • Launch
      • pCherry Tokenomics
      • Vault (Polygon)
      • Pairs and Pools
  • Key Features
    • Delegate Farming
    • (Cross-chain Bridge) Fleta Converter
    • New Chain-based Cherry
    • Vault
    • Fleta AMM Dex
    • NFT
  • How to Use Fleta Connect
    • Dashboard
    • CherryPick
    • Basket
  • Contracts
    • Contracts Overview
    • MasterPicker Contract
  • Security
    • Audit
  • Others
    • Listing Page
  • Contact Us
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  1. Key Features

New Chain-based Cherry

We plan to support other chains, not only the BSC. This will help TVL rise and it will make the value of Fleta Connect more unique.

New Chain-based Cherry is a Cherry token earned by farming on a new chain-based service. New Chain-based Cherry is not separate from Cherry token, it's the same asset but on a different chain.

Here are some key points to understand New Chain-based Cherry:

  • Cherry converted to or minted on a new chain is nCherry. (n is subjective to be changed based on a chain.)

  • nCherry is emitted as Cherry on BSC is locked via smart contract on BSC. This means that Cherry tokenomics remains the same including circulating supply inflation.

  • The overall Cherry token metrics remain the same but the Cherry token gains a new field of play with a new chain. This adds a new avenue of yield and related buyback & burns with higher TVL.

  • With this same logic to mining distribution, Cherry is essentially adding the value of a new chain to Fleta Connect.

We currently have Cherry for BSC, pCherry for Polygon, and kCherry for Klaytn.

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Last updated 3 years ago

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