Cronos Node Project Presale

Nodes project on Cronos.

No contracts.

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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