Loaded Nodes dApp Launch

October 15 update – delayed to October 16.

DaaS/NaaS protocol on Cronos.

❌ No contract available at the time of review.

DETAILS

• Presale Details
  • Presale was held on the Loaded Nodes dApp
  • Presale was for Nodes only — 3 node tiers
    • Tier 1: $75 in $CRO
    • Tier 1: $110 in $CRO
    • Tier 1: $150 in $CRO

• Mechanics & Features
  • $LDN is used to create nodes, which generate daily rewards in $LDN
  • 3 node tiers will be available;
    • Tier 1: cost 40 LDN, generates 0.4 LDN daily
    • Tier 2: cost 60 LDN, generates 0.63 LDN daily
    • Tier 1: cost 90 LDN, generates 1 LDN daily
  • There will be special partner nodes available from partnerships, these will have the option to be purchased with the partner’s native token and provide other additional benefits, e.g. extra rewards
  • Maximum cap of 10,000 nodes across all tiers/special nodes
  • All nodes have a 300 days decay time span; after which they stop generating rewards
  • Nodes will be non-transferable and non tradeable
  • LDN used to create a node will be redistributed as follows;
    • 62% to rewards pool
    • 19% to liquidity
    • 15% to treasury
    • 4% to team
  • Variable claim fee on node rewards, dependent on the node tier;
    • Tier 1: 20% claim fee
    • Tier 2: 17% claim fee
    • Tier 2: 15% claim fee
  • Claim fees will be redistributed as follows;
    • 62% to rewards pool
    • 20% to liquidity
    • 12% to treasury
    • 5% to team
  • Users will be able to purchase NFTs which will provide benefits such as; boosted rewards, reduced claim time, and claim fee; maximum of 3 x NFTs per node tier
  • Liquidity Management System (Horde’s LMS) will be used to stabilize $LDN token price within a pre-defined range; initially between $2 – $2.7
  • Treasury may be used for token buybacks to also help maintain token price
  • The protocol intends to generate revenue from treasury investments in projects, validator nodes, real estate, trading

• Tokenomics
  • Token symbol: $LDN
  • Total supply: 1,000,000
    • 60% — Rewards
    • 19% — Treasury
    • 14.5% — Liquidity (to be locked for 1 year)
    • 4% — Team (no lock)
    • 2.5% — Partnerships
  • 1.7% buy and sell tax (to liquidity)