Cheems Token (CHEEMS) is a deflationary meme coin built on the Solana blockchain, inspired by the popular Cheems Shiba Inu meme. Originally created for fun and social interaction, CHEEMS has evolved into a community-driven cryptocurrency supporting decentralised applications, charitable initiatives, and digital culture. As part of the growing meme coin ecosystem, CHEEMS blends internet humour with blockchain utility, promoting both entertainment and real-world impact.
CHEEMS is an SPL token that leverages Solana’s high-speed, low-cost infrastructure. Solana’s hybrid Proof of History (PoH) and Proof of Stake (PoS) consensus ensures efficient and secure transaction validation. CHEEMS follows a deflationary model where tokens are regularly burned to reduce supply and increase scarcity. It also supports smart contract integration for staking, DeFi, and gaming applications like Cheems Arena. Community participation influences development, aligning CHEEMS with decentralised governance principles, although no official whitepaper has been released.
Cheems Token offers various use cases within the meme coin and Web3 ecosystems. These include social engagement through meme-based content, charitable giving via community-funded events, and integration with blockchain gaming platforms such as Cheems Arena. CHEEMS can be staked or used in yield farming within Solana DeFi protocols, and serves as a digital symbol of meme advocacy and cultural expression. These utilities enhance the token’s value proposition beyond speculation, promoting long-term community growth.