LEE is a utility token of the GameFi short video platform Cheelee. These tokens are earned by watching the feed in the Cheelee app. All internal calculations on the platform are carried out in LEE. Its issue is strictly limited; the total supply is 7,000,000,000. The rate of LEE's accrual algorithmically depends on the number of tokens mined: the more they are mined, the more difficult it is to get new LEE tokens. The complexity of LEE's mining is constantly growing: by 7% per month and 84% per year. This stimulates the token prices to rise, which, in turn, encourages users to use the hodl strategy more often.
Since LEE is the utility token and is utilized for all app accruals, its demand is fueled by the growth of the Cheelee platform. Here are the ways Cheelee participants can use LEE: Upgrade NFT glasses Charge NFT glasses Mint NFT glasses Promote content on the platform Make donations.