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What is CronaSwap (CRONA)?
CronaSwap is the first decentralized exchange the first decentralized exchange on Cronos Chain that offers the lowest transaction fee (0.25%). Users can swap CRC-20 tokens easily on the Cronos Chain network ensuring superior speed and much lower network transaction costs.
Products of CronaSwap
CronaSwap is a decentralized exchange that allows users to make token swaps with a 0.25% fee.
When users add liquidity to the pool, will receive LP tokens. When someone does a swap, a transaction fee of 0.25% will be charged. 0.17% will be returned to liquidity providers as a fee bonus.
The liquidity pool will also allow you to stake your LP tokens to get CRNA. Therefore, in addition to earning income from token swaps, users will be able to stake LP tokens and earn Crona.
CronaSwap – Yield Farming
CronaSwap Farms provides many farming opportunities for users. Users can stake their LP tokens to receive CRNA.
CronaSwap – Launch Pools
CronaSwap Launch Pools are a less resource intensive alternative to mining. It allows users to use their tokens to earn more tokens. Simply put, a user locks up his cryptocurrency for a reward. In the first place, users can only stake crona in exchange for more crona.
The IFO acts as a launchpad and gives users the opportunity to purchase tokens of new projects on Cronos.
Users can participate in 2 forms of IFO
- IFO Basic Sale: To join users need to stake Crona on IFO Crona Pool to receive IFO credit. The number of IFO credits will determine the maximum amount a user can participate in.
- IFO Unlimited Sale: To join users do not need IFO Credit but only need USDC-USDT LP token to buy tokens from the project.
CronaSwap Lottery (lottery) is a game of chance in which winners are chosen at random. The project’s Lottery Game allows every user who has purchased at least one lottery ticket to receive a CRNA prize.
- Valid lottery token: CRONA
- Lottery ticket price: $2 in CRONA
- Participating user limit: can only buy 500 tickets in one go
- Maximum number of tickets purchased at once: unlimited
- Duration: 12 hours for 1 lottery
- A lottery ticket gives the user a random combination of 6 digits with each digit ranging from 0-9.
Lottery ticket cost & Discount when buying in bulk
Lottery ticket prices are set at the beginning of each round and determined at a price of $2. However, this amount can change due to sudden price fluctuations. The project’s platform allows users to save costs by purchasing multiple tickets at once.
The digits on your ticket must match in the correct order to win. Consider an example of a lottery draw with two different tickets, A and B.
Ticket A: The first 3 numbers and the last 2 numbers are the same, but the wrong digit is 4. This means that this ticket only wins one prize “First to match 3”.
Ticket B: Although the last 5 digits match, the first digit is wrong means this ticket did not win.
Basic information about CRONA token
- Token Name: CronaSwap
- Ticker: CRONA
- Blockchain: Cronos
- Token Standard: ERC-20
- Contract: 0xadbd1231fb360047525bedf962581f3eee7b49fe
- Token Type: Utility, Governance
- Total Supply: 300,000,000 CRONA
- Circulating Supply: 53,460,087 CRONA
- Initial liquidity: first%
- Seed Sale: first%
- Private Sale: 3%
- Public Sale: first%
- Treasury: 8%
- Farming: 76%
- Team: 6%
- Adviser: 3%
- Airdrops: first%
Token Release Schedule
What is CRONA token used for?
CRONA token storage wallet
You can store this token on the following wallets: Metamask
How to earn and own CRONA token
Buy directly on the exchange.
Where to buy and sell CRONA tokens?
Roadmap of CronaSwap . project
- Recruitment: Team expansion (in progress).
- V2: develop new version (under development)
- UI/UX: Reconfiguration of the user interface (in progress).
- NFT: NFT Earn, NFT Marketplace, NFT Launchpad, etc
- Governance: Participate in governance and vote on proposals – vote with CRNA.
- Lottery: Launch lottery game (Chainlink Oracle is pending).
- GameFi: Introducing Simple GameFi and P2E.
- Partner Staking: stake xCRONA to receive partner tokens.
What is the future of the CronaSwap project, should I invest in the CRONA token?
CronaSwap is a decentralized exchange with the same operating mechanism as Pancakswap with many similar features such as lottery, IFO. Through this article, you must have somewhat grasped the basic information about the project to make your own investment decisions. CHK is not responsible for any of your investment decisions. Wish you success and make a lot of profit from this potential market.
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