[Chainge proposes to approve a US$13 million capital injection, which will allow 50 million XCHNG tokens to circulate] According to news on April 2, the cross-chain liquidity protocol Chainge launched a new proposal requesting the DAO to approve a US$13 million capital injection from a well-known investment group. . The move will put 50 million XCHNG tokens in circulation, equivalent to approximately 10% of the current supply.
The investment is designed to drive adoption of Chainge’s products and services and ensure Q2 profits of at least $1 million.