Tokenomics
Cheelee operates on BNB Smart Chain (BEP20) and uses two primary tokens:
$CHEEL
Total supply: 1,000,000,000
Current circulation (at TGE): 19,385,500
Utilities:
Voting on feature development
Used for content promotion and advertising
$LEE
Total supply: 7,000,000,000
Utilities:
Reward for content consumption
Donations to creators
In-app purchases
$EASY – Temporary Token
Introduced for the “Swipe-to-Earn” mechanic
Earned by interacting with the app (scrolling, inviting users, completing tasks)
Token Utility and Adoption
All users receive a custodial wallet upon registration
Token utility is immediate and integrated into the user journey
Direct $LEE withdrawal to local bank cards is available in 15 countries (e.g., Brazil, India, Indonesia, Nigeria)
Low onboarding barrier through free starting assets
For $LEE, fixed total supply and increasing mining difficulty are designed to support long-term price growth. For $CHEEL, controlled emission and liquidity management are set to stabilize the price.
$CHEEL/$LEE tokens are repurchased using platform revenue (from glasses, transaction fees, and 70% of ad revenue)
A portion of repurchased tokens is regularly burned to reduce supply
Emission of tokens is strategically managed to stabilize market dynamics
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