What is Chi?

Before we deep dive in technical aspects of this tutorial, let's remind ourselves what is Chi GasToken and what are it's key features.

TL;DR

Chi is an ERC20 standard token based on the original gas token GST2 implementation.

Chi is the improved version of original gas token due to the additional smart contract for reduced deployment costs, thus making it more efficient.

Chi is an alternative to Ethereum network's gas token and it can be used on 1inch.exchange to pay transaction costs at a discount.

Chi's price moves in tandem with Ethereum network's gas price because it's pegged to it.

Compared to the original gas token GST2, Chi saves 1% for Mints and 10% for Burns.

Chi's contract address is 0x0000000000004946c0e9F43F4Dee607b0eF1fA1c. This information can be obtained by performing a simple search on etherscan.io.

Chi is currently available on three different networks: Ethereum, Binance Smart Chain and Polygon.

For more details about Chi GasToken you can check out the following resources: here and here.