Cherga currently runs on the Whitechain testnet only. The stablecoins in a circle are test tokens with no value — nothing here moves real money. Cherga is @zahumennov’s personal project, and comes with no support and no guarantees.
Every transaction costs a little WBT, Whitechain’s native gas token. Without it your wallet can’t send anything.
Open the WBT faucet ↗mUSD is Cherga’s test stablecoin — not a real asset, just a contract anyone can mint from. This sends 1000 mUSD to your connected wallet.
A fixed group of 2–20 people chip in the same amount on the same schedule, and each round the whole pool goes to one member — in turn, until everyone has received it exactly once. Whoever goes first borrowed at no interest. Whoever goes last lent at no interest. Nobody ends up ahead and nobody ends up behind.
People have run this for centuries — tanda in Mexico, susu in West Africa, hui in China, chit funds in India, pardna in Jamaica. Cherga is the same arrangement written as a smart contract, so the bookkeeping can’t be faked and no one has to be the treasurer.
If your group is in one place and one currency, a shared spreadsheet and a jar will do the job better. If you’re looking for a return on money, this pays none — by design. If you don’t already know every person in the circle personally, close this page.
Friends spread across countries who can’t pass a box around. Groups who already hold stablecoins. People whose local currency loses value while they wait their turn.
A circle moves money around in time instead of growing it. You give up access to small amounts for a while and get one large amount when your turn comes — and someone else in the group gets the same deal, in a different month.