# ChainSwap Token ($CSWAP)

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### ChainSwap Token ($CSWAP)&#x20;

A utility token launched with a fair and transparent approach. **100% of the tokens were launched in the liquidity pool with no additional minting**.  No team tokens are withheld showing the teams commitment to transparency and community involvement.<br>

Contract Address:  0xae41b275aaAF484b541A5881a2dDED9515184CCA

Current Decentralized Exchanges:  Uniswap

Current Centralized Exchanges: MEXC, Poloniex, BitMart

Circulating Supply:  1,000,000,000 $CSWAP

### &#x20;Sustainable Transaction Taxes:

&#x20;A 5% tax is applied to both buy and sell transactions to support the long-term viability of the ChainSwap ecosystem.&#x20;

### A DApp Usage Fee of .5% per transaction is also applied.  Distribution of these fees is as follows:

**75% Buyback & Burn:** This portion of the fee is used to buy back $CSWAP tokens from the market and permanently remove them from circulation.

**25% Holder Redistribution:** This portion of the fee is distributed in ETH or stable coins proportionately to all token holders who own more than 0.3% of the total supply, rewarding long-term commitment and incentivizing holding $CSWAP.

{% hint style="info" %}
This carefully crafted fee structure aims to strike a balance between funding development, rewarding active users, and promoting long-term token value.
{% endhint %}

{% hint style="success" %}
$CSWAP may hold additional utilities in the future as more utilities go live.
{% endhint %}

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