Chiliz (CHZ)

Right to benefit from increased percentage token ownership as CHZ is consistently and permanently removed via protocol fee-burning.

Right to execute on-chain transactions on Chiliz Chain by paying gas fees in CHZ, enforced at the protocol level.

Right to use CHZ as a payment and exchange medium to acquire other assets, such as Fan Tokens, via on-chain transactions executed through the Socios wallet or interface, subject to market availability and counterparty participation.

Right, as a validator owner with voting power weighted by delegated CHZ, to approve and implement protocol and system-contract technical changes that are gated by governance access control, while core upgrades may additionally require validator software adoption. Governance can directly authorise modifications to core system contracts through restricted governance functions, but hard forks and major client upgrades depend on validators choosing to run updated software, meaning execution ultimately relies on validator coordination rather than automatic enforcement.

Right, as validator owners with voting power weighted by delegated CHZ, to vote on validator-set changes, including adding validators or adjusting the maximum number of active validators and related thresholds. Delegation provides a token-based mechanism to re-weight validator influence, while execution involves identifiable operator action to implement approved changes. In practice, validator-set expansions have been approved through stake-weighted voting and subsequently applied by operators, indicating that outcomes depend on both validator votes and coordinated implementation rather than automatic enforcement.

Right, as a validator owner with voting power proportional to CHZ delegated to the validator, to vote on binding governance proposals that modify key economic parameters such as staking and unjail timing or broader cryptoeconomic variables, subject to a two-thirds quorum and validator coordination for execution. Governance operates through a stake-weighted system in which validator owners cast votes based on total delegated CHZ, and approved proposals have been implemented in practice, including changes to unstake cooldowns, unjail periods and broader cryptoeconomic updates.

Right to post CHZ as surety for a validator or delegator role, with that stake subject to slashing or penalties in cases of misbehaviour.

Right (as an active validator operator, backed by self-staked and delegated CHZ) to produce blocks and determine transaction inclusion/ordering on Chiliz Chain, earning validator rewards that are then shared with delegators per validator commission rules; delegation is the mechanism by which CHZ holders increase a validator’s stake-weight and thus its chance of block production and governance weight.