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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