The Cherry Token
Cherry Token (CHER) is the Ecosystem's native token designed to empower the Cherry platform and foster a mutually beneficial relationship between investors, developers, and node operators.
Blockchain Fees
The Cherry Chain offers powerful features which cost expensive computational resources to maintain. Pay the fees incurred while interacting with the decentralized applications hosted on the Cherry Chain with CHER
Storage and Indexing
Store and index important files in the global decentralized network of file hosts powered by the Cherry Storage protocol
Stake & earn rewards
Secure the network with Cherry's lightweight stake-based proofing algorithm.
Funding
The Cherry Project is endowed with a perpetual treasury to pay developers and proposals, and operate independently from outside resources.
Run a Cherry Node
Staking Rewards
Earn up to 40% APY on staked CHER, and set your own fee for accepting delegations to your node.
Secure a Growing Network
New applications and assets are launching on Cherry every day. Sustain their growth and earn from their use.
Share Idle Compute
Connect your hardware to a worldwide marketplace of users who need their files to be stored and their functions to be executed.
Consensus
Participate in the distributed consensus based open-source transparency and mutual incentives - powered by the Cherry Token.
Cherry Staking Estimator
| Yearly | CHER | ≈ 40 % |
| Monthly | CHER | ≈3.33% |
| Daily | CHER | ≈0.11% |
*Estimate based on: total tokens staked on mainnet; range of validator fees charged; assumed 100% validator uptime. Actual rewards may vary.
Join our Official Token Sale
Current phase: Private and Public Sale compleyed, Initial Token Offering successfully launched
$CHER is now available at:
The Treasury
As a Decentralized Autonomous Organization,
Cherry is governed by its community members who vote and execute decisions on the future of the project. One of the main tasks of the DAO is to administer a monthly budget of 2 million CHER.
The Cherry Treasury was established to guarantee funding for the Cherry Project and community proposals in perpetuity.
While 2 million CHER are available to be distributed each month, they must be allocated to a specific proposal by the DAO through the governance system.
This means that while a maximum of 2 million CHER may be unlocked monthly, the DAO has final say about how many tokens it will reward the proposals it approved. The unclaimed remainder will be burned and removed from the Cherry Token supply forever.
Join the Movement
Cherry is an open-source initiative founded on decentralized principles and democratic governance. Join its global community of explorers and adventurers seeking a better future for all.
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