- Chiliz has expanded its Fan Token ecosystem to include Solana and Base, improving access and liquidity.
- The integration uses LayerZero’s Omnichain standard, ensuring a uniform token is available across chains while avoiding the risks associated with pooled assets.
- The move advances Chiliz’s SportFi strategy by linking ecosystem growth to CHZ dollar supplies and enabling the use of Fan Tokens across DeFi platforms.
Chiliz has expanded Fan Token into the Solana and Base ecosystem as it transitions from a single-chain setup to a broader, multi-chain model. This change aims to increase access, improve liquidity and connect sports-based crypto assets with a broader user base.
The Chili’s series will remain the base layer for the expansion. It will continue to handle smart contracts, governance votes, and underlying asset logic. Meanwhile, Solana and Base will serve as the distribution layers. These networks are expected to help cryptocurrencies reach more users and integrate with existing cryptocurrency platforms.
Chiliz has expanded fan tokens to Solana, Base
According to the official BlogThis change is supported by LayerZero’s Omnichain Fungible Token standard. Frame allowed encryption To move across chains as well as maintain one unified supply. When a token is transferred, it is removed from the original chain and recreated in the new chain. This checks duplication and maintains price consistency across markets.
This approach also reduces reliance on pooled assets. Tokens typically represent a locked copy of an asset held elsewhere. This model can create risks and divide liquidity across different groups. The Chiliz system avoids this by maintaining a direct link between tokens across all supported networks.
Security remains an essential part of the design. The integration uses a multi-layer verification system. Multiple independent validators must approve transactions before they are completed to reduce the risk of a single point failure, which has affected many systems across the chain in the past.
People will therefore be able to access Fan Tokens without having to move to a separate blockchain. This reduces friction and increases participation in the ecosystem.
The update also introduces a direct link between Fan Token activity and the $CHZ token. Chili’s has it Announce The buyback mechanism is linked to ecosystem revenues. Ten percent of the revenue generated from Fan Token sales across all chains will be used to purchase $CHZ. These tokens will then be permanently removed from circulation.
This system links platform growth with token supply. With increased activity across Solana Basically, the available supply of $CHZ decreases. This creates a feedback loop where higher usage can impact the value of the token over time.
The expansion also aligns with Chili’s move into the US market. The timing is linked to the upcoming FIFA World Cup in North America. The company is preparing its infrastructure to handle the increased global interest during the event.
Fan codes for national teams such as Argentina and Portugal already exist. More partnerships are expected to follow, including US-based teams. By working on Base, Chiliz can connect with regulated entry points and a broader retail audience.
The move also changes how fan codes are used. In Chiliz Chain, its main use was related to fan engagement and rewards. With access to external networks, these tokens can now be used in DeFi applications. Users can provide liquidity, earn fees, and explore lending options as they become available.
As part of SportFi’s long-term vision, Fan Tokens is creating a financial system around sports assets. This includes combining fan engagement with decentralized finance tools.
The rollout has already begun. Tokens like $CHZ and community assets $PEPPER are now available cross-chain. Major club symbols associated with teams such as Paris Saint-Germain, Manchester City and Barcelona will soon follow.
On Solana, access will be available through the Sunrise portal and will be traded on platforms such as Meteora and Jupiter. On base, liquidity will be concentrated at the airport.
