Chi Gastoken is a utility token that helps reduce gas fees by leveraging BSC's gas refund mechanisms through minting and burning.
Chi Gastoken (CHI) Crypto Exchange
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What is Chi Gastoken (CHI) crypto?
Chi Gastoken (CHI) on Binance Smart Chain (BSC) is a BEP-20 token designed to help users optimize and reduce gas fees by applying the same mint-and-burn mechanism as the original CHI token on Ethereum. Inspired by the 1inch Network’s Chi Gastoken (developed for Ethereum), the BSC version aims to replicate that utility in BSC’s faster and lower-cost environment.
It is not a typical utility or governance token, and it’s not used for speculation or yield farming. Instead, it functions as a gas optimization tool, especially for users, bots, and smart contracts that frequently interact with the BSC network and want to reduce costs in high-load periods.
CHI FAQ
Both use the same mint-burn logic, but CHI on Ethereum is ERC-20, while CHI on BSC is BEP-20. They operate on different chains and are not interchangeable.
Transactions involving smart contracts, swaps, bridging, batch transfers, and bot operations tend to consume more gas — and benefit the most from CHI.