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Date

May 16 2022
Expired!

TimePacific Time

2:00 pm

Your Time

  • Timezone: America/New_York
  • Date: May 16 2022
  • Time: 5:00 pm

Status

Active

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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