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Home All Events Cronos Node Project Liquidity Launch

Date

May 18 2022
Expired!

TimePacific Time

6:30 pm

Your Time

  • Timezone: America/New_York
  • Date: May 18 2022
  • Time: 9:30 pm

Status

Active

Cronos Node Project Liquidity Launch

Nodes project on Cronos.

No contracts.

They have onboarded with Certik but the audit is not complete.

This time is an estimate, based on when the presale ends. The actual launch time may vary depending on how long it takes the team to close out the presale and provide liquidity for the token.

DETAILS
  • Total supply: 1,000,000 CRON
    • Public presale: 100,000 CRON
    • Rewards pool: 685,000 CRON
    • Liquidity: 150,000 CRON
    • Team: 65,000 DRON
      • 14,000 to the team
      • 12,000 for development & staff costs
      • 22,0000 for marketing
      • 2000 for partnerships
      • 15,000 for “business expenses”
  • Presale price: $4 / CRON in CRO
  • ❌ Listing price: unknown
  • Presale is using the overflow method, any excess deposits will be refunded when the sale closes on May 18
  • Nodes cost 20 CRON
  • Nodes are tradable NFTs, there is a 10% fee to do so
  • When a node is created, the CRON used to purchase the node is distributed as follows:
    • 14 CRON to the rewards pool
    • 6 CRON goes to the “liquidity pool” where it will then be split as follows:
      • 50% to auto-liquidity
      • The remaining CRON will go to the rewards pool
      • The remaining CRO will will go to the treasury for investment
  • Node rewards are variable and determined algorithmically, see docs for a full explanation
  • Variable claim tax, 20% – 10%
    • 70% to the rewards pool
    • 30% to the liquidity pool
  • 10 CRO monthly maintenance fee
  • There is no mention of a transfer tax in the documentation
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