Chronos Finance Liquidity and DEX Launch

Token launch for a ve(3,3) DEX ecosystem on Arbitrum.

DETAILS

• Launch Details
  • Token will be listed on Chronos DEX
  • Token pair: CHR/WETH, CHR/USDC
  • Listing price: $0.35
  • Initial diluted market cap: $17,500,000
  • Initial total liquidity: $1,500,000
    • $750,000 + 2,000,000 $CHR
  • Taxes: 0%
  • Bribes, voting, $veCHR locking, chrNFT staking begins at launch
  • $CHR rewards for liquidity providers begin May 8

• Mechanics & Features
  • DEX that combines the concepts of vote-escrow (Solidly) + (3,3) Olympus DAO
  • 0.01% swap fees on stable pools and 0.2% fee on volatile pools
  • Dual token system;
    • $CHR is the utility token
    • $veCHR is the governance vote-escrowed token
  • Liquidity providers receive $CHR emission rewards
  • $CHR can be locked to receive $veCHR (NFT)
  • $CHR can be locked for up to 2 years – the longer the lock, the higher the voting power
  • $veCHR holders can vote weekly (epoch) to decide which LP gauges or pools receive $CHR emissions the next week
  • $veCHR holders receive bribes, governance power, and 90% of swap fees
  • Stake chrNFTs and earn up to 10% of trading fees and 1% royalties from secondary sales
  • Weekly $CHR emissions begin at 2,600,000 and decreases by 1% weekly

• Tokenomics
  • Token symbol: CHR
  • Total supply: 50,000,000
    • 25% — veCHR Protocol Airdrop
    • 21% — veCHR Airdrop for users (locked as $veCHR for 2 years)
    • 9% — $CHR/veCHR Airdrop for chrNFT minters (50% as veCHR locked for 2 years, 50% as $CHR vested linearly over 8 weeks, or 100% as $veCHR)
    • 18% — Ecosystem
    • 4% — Liquidity
    • 5% — Marketing
    • 18% — Team (50% as veCHR locked for 2 years, 50% as $CHR vested 2 years)