Chumbi Valley SolarFlare now closed - with 20x over-subscription!

After an extraordinary 12 hours, the Chumbi Valley IDO is now complete, with 20x over subscription. CHMB will be listed on Orion Terminal on December 17th. Participants will be able to track and claim their tokens here.

Orion SolarFlare is built to enable democratic access to IDOs simply through holding ORN - without minimums, maximums, lock ups, KYC, accounts, or pool caps. In doing so, the market and the community itself determines the value of a project.

Chumbi Valley is an enchanting role-playing blockchain game, built on BSC & Polygon for near instant transaction speed + almost zero fees. In just 12 hours through the Eclipse, an incredible 341,792+ ORN has been committed to the Chumbi Valley SolarFlare to gain access to CHMB tokens, at a current market value of over $2 million. This ORN will be permanently removed from circulating supply.

Final allocation details:

Total Supply: 30BN
Project Valuation: $30M
Initial Market Cap: $15,150
Initial Supply: 15,150,000
SolarFlare Allocation: 142,857,143 CHMB
ORN Committed: 341,792 ORN ($2,025,540)
Current Ratio: 1 ORN:417.96 CHMB
CHMB Price: $0.0136
Vesting: 'block-by-block' linear vesting from 12/19 over 12 months
Contract Address: 0x5492Ef6aEebA1A3896357359eF039a8B11621b45
Participants will be able claim their tokens here from December 19th.

The sensational demand for the CHMB token and success of Chumbi Valley’s SolarFlare is a shining indicator for Chumbi Valley’s upcoming launch.

Co-marketing between Orion Protocol and Chumbi Valley will continue beyond pool closure, ahead of the upcoming exchange listings on December 17th (including on Orion Terminal), farming and more. Sign up below to be the first notified about Chumbi Valley’s upcoming developments.

The phenomenal success of Chumbi Valley’s IDO is further confirmation of the success of SolarFlare IDOs. The Orion team is excited to offer the community many more projects over the course of the coming weeks and months.