Tokenomics
Purpose of $CHA
Power The Cha Cha Shop
Reward early supporters & loyal customers
Align incentives between community & Team
Token Mechanics
Max Supply: 50,000,000 $CHA
$CHA can only enter circulation via the Staking Program
Token Release Schedule
Minimum Funding Period: 4 years
Max Emission Rate: 25,400 $CHA / day
Actual token release schedule depends on staking activity of holders
Staking Program
Reward tiers with different reward rates based on van type
Complete set = 1 van from each reward tier
2x reward multiplier for each complete set staked
Van upgrades = potential reward multiplier in the future
The Cha Cha Shop
$CHA powers The Cha Cha Shop — a design studio offering goods & services to Cha Cha Van holders. Holders can access features at the shop by spending $CHA:
Parking Garage: Park (stake) & earn $CHA
Raffle House: Buy raffle tickets & win 1/1 art
Boutique: Designer apparel, posters & 3D-printed vans.
DMV: Purchase UE5 assets for metaverse integration.
The Body Shop: Upgrade van traits & racing specs.
Auction Room: Bid on special edition Cha Cha Vans.
Funding Rates
Income in $SOL or $USDC at the shop & racetrack will directly fund the Core Team. Income in $CHA from goods & services sold at the shop & racetrack fund the following incentives (subject to change):
Team Rate — 10%
Funds the Core Team, who reserve the right to sell $CHA for profit.
DAO Rate — 20%
Funds the DAO Treasury for community-led initiatives.
Burn Rate — 30%
Tokens burned to assure continued deflationary action of $CHA.
Recycle Rate — 40%
Funds the Staking Platform for a sustainable reward structure.
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