TVL > 100K
What is CronaSwap (CRONA)?
In the Cronos ecosystem, CronaSwap is a DEX protocol for swapping CRC-20 tokens, as well as adding liquidity and farming. There is a peer-to-peer crypto trading platform on the Cronos network. The following cryptocurrencies are common on CronaSwap: WCRO, USDC, USDT, WBTC, DAI, WETH, USDT, BNB, SHIB, and others. Once a user becomes a liquidity provider, he gains rewards in tokens, while traders pay a fee for making token swaps. Providers can stake earning LP tokens on CronaSwap farms. Staking project token CRONA is also available. The native token for this platform is CRONA. This token can be swapped, staked or farmed as a reward. If a user blocks this cryptocurrency for a particular period of time (from 1 week to 4 years), he will become the owner of veCRONA - a voting token.
Who are the founders of CronaSwap (CRONA)?
At the moment, it is impossible to find information about the CronaSwap founders. Its team is private. And this is the foremost reason for the absence of detailed data about the project members. The only thing to say is that the CronaSwap project was launched in 2021. CronaSwap as a DeFi project has its own voting system implemented on the Snapshot platform, to resolve any arising issues using the tools of democracy and the power of the community. The veCRONA token performs the voting function by locking users’ CRONA tokens. And the longer the lockup period - the more voting power each CRONA has.
What makes CronaSwap (CRONA) unique?
CronaSwap has an easy-to-use interface, everything users have to do is to connect a wallet. Due to the fact that this is a decentralized exchange, users have complete control over their funds, and no one has access to them. Running on the Cronos Chain, this protocol offers excellent speed in operations and at the same time low transaction costs of 0.25%. Furthermore, using CRONA tokens for stacking allows earning additional tokens through the Auto Crona Pool and the Manual Crona Pool. As a blockchain-based project, CronaSwap supports GameFi. It is about Crona games: Dice Roll, Coin Toss, and Lottery.
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