Are you looking for an honest Chumhum Finance Review? Search no more because, in this article, we will be reviewing Chumhum Finance honestly, we will also explain how it works, its pros and cons, and everything you need to know about the platform.
Chumhum Finance is a Decentralized Cross-Chain Marketplace for Lenders, Borrowers, and Stablecoin lovers!
ChumHum enables “BUM”, your decentralized Stablecoin which you can use in over 60 million locations worldwide through the JustLiquidity platform and the JulCard. There are no pre-mines for the team, developers, and founders, just for the ChumHum Airdrop; this means the protocol will be controlled by those who got the airdrop and who decide to mine CHUM.
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Chumhum Finance Features
Decentralized
The Whole Universe just for you, without Third Party involvement.
Cross-Chain
We have a whole Universe of Blockchains left.
Scalable
Built like a Rocket on Scalable Blockchains.
Savings
Earn interest on your assets
Lend and earn APY’s based on the market demand for that asset. Interest is earned with each Block and can be used as collateral to borrow assets or to mint stable coins.
Protocol
Money Markets built on Different Blockchains
Provide your Assets and receive vTokens that you can freely move, trade or transfer whenever you want.
ChumHum Token (CHUM)
The ChumHum Protocol is governed by the ChumHum Token (CHUM), which is designed to be a “fair launch” cryptocurrency.
The Protocol has no upfront founder, team, or developer allocations, and CHUM can only be earned through the Airdrop or through providing liquidity to the protocol.
There will be an initial 20% of the total supply of122,500,000 (24,500,000 CHUM) allocated to theJustLiquidity/JulSwap Airdrop for all JUL(JULb) and JulD Holders and Stakers.
Chumhum Finance Contact Information
Just in case you have any need to contact the Chumhum Finance team, you can do that using the social media handle below.
Chumhum Finance Review | Is Chumhum Finance Legit or Safe?
At the time of writing this article, we can say that Chumhum Finance is legit and safe to use.
However, it is important to note that cryptocurrency investment is a risky business, so we advise that you invest funds you can afford to lose.
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