$CFB
Chainers Fidelity Bonds ($CFB) tokens act as a monetary commitment to former $CHU token investors who acquired the token before its delisting from Uniswap in December 2023.
All tokens purchased prior to the delisting can be exchanged for $CFB, which, in turn, can be exchanged for the new $CHU token at a 20% discount. Although $CFB is a token, it cannot be transferred to an external wallet and must remain in the internal balance on the Chainers website, similar to $FRI tokens.
Delisting of the Old $CHU
On December 5, 2023, the $CHU token was delisted from Uniswap, preventing users from buying or selling the token.
Information about the old $CHU token can be found here:
For more detailed information regarding the delisting, please refer to the following links:
It was also been announced that at the beginning of 2024, users will be able to exchange the old $CHU token for either $MATIC or $CFB on a dedicated page.
Old $CHU Exchange
Users who bought a $CHU token before December 5, 2023, have the opportunity to exchange 1 $CHU token for either 1 $CFB or 0.02 USD in $MATIC.
The exchange takes place on a special page, where users must connect their Web3 wallet, select the amount of the $CHU token they wish to exchange, and confirm the transaction.
New $CHU Listing
In 2024, Chainers plans to launch a new $CHU token, which will be a different token with the same "CHU" ticker. With the token's launch, users can exchange all $CFB in their account for the new $CHU tokens. The exchange rate will be 1 $CFB for 1.2 $CHU.
This exchange can be done on a separate page. Users can spend $CFB from their internal balance to receive $CHU tokens in their designated wallet.
In the future, all $CFB rewards and balances will be converted to $CHU tokens.
$CFB’s Sources and Sinks
Chainers Fidelity Bonds ($CFB) can only be obtained from:
Exchanging the old $CHU token
Earning rewards from Reward pools
And can be spent on:
Exchanging for the new $CHU token
(Potentially) purchasing specific items in the Chainers store.
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