# Introduction

![](/files/EXcSpGnPju5fmDrq2aun)

CronaSwap is the first decentralized exchange platform on the Cronos Chain to offer the lowest transaction fees (0.25%). You can swap CRC-20 tokens easily on the Cronos Chain network that guarantees superior speed and much lower network transaction costs.&#x20;

{% hint style="info" %}
CronaSwap aims to become a benchmark for DEX platforms. We want to take on the mantle in becoming the leading DEX platform on the market for token swaps.&#x20;
{% endhint %}

We are highly committed to provide true value, fairness and innovation to decentralized finance through our top quality products and services. CronaSwap is fast, secure and anyone can swap and earn tokens easily. The native token of CronaSwap is CRONA.&#x20;

**You may visit our official channels here:**&#x20;

Telegram | Global : <https://t.me/cronaswap>\
Telegram | Italy: <https://t.me/cronaswap_it>\
Telegram | French - <https://t.me/cronaswap_fr>\
Telegram | Vietnam - <https://t.me/cronaswap_vn>\
Telegram | Hungarian - <https://t.me/cronaswap_hu>\
Telegram | German - <https://t.me/cronaswap_de>\
Telegram News Channel: <https://t.me/cronaswap_channel>

Discord: <https://discord.gg/QBEmcuamwp>\
Twitter: <https://twitter.com/cronaswap>\
Medium: <https://cronaswap.medium.com/>

**Track price here:**&#x20;

<https://coinmarketcap.com/currencies/cronaswap/>\
<https://coinmarketcap.com/exchanges/cronaswap/>\
<https://www.coingecko.com/en/coins/cronaswap>\
<https://www.coingecko.com/en/exchanges/cronaswap>


# Roadmap

The roadmap lays out the planned features for CronaSwap. These are subject to change based on community feedback and governance discussions.

### **2021-Q4**

* [x] **Launch:** Launched project on mainnet.&#x20;
* [x] ~~<mark style="color:red;">**Airdrop#01:**</mark> <mark style="color:red;"></mark><mark style="color:red;">Airdrop distribution for testnet participants.</mark>~~&#x20;
* [ ] **Airdrop#02:** Airdrop distribution for mainnet users that participate in airdrop activities. &#x20;
* [x] **IFO (Initial Farm Offering):** Raise funds for projects via USDC-CRO LP tokens.&#x20;
* [x] **Vote:** Snapshot set-up to facilitate early CronaSwap governance.
* [x] **Analytics:** Full analytics for monitoring TVL and volume.

### 2022-Q1

* [x] **V2:** Release of CronaSwap V2: upgrade UI user experience and add new Boost function (token lock and mining rewards).
* [x] **CEX listing:**  listed on MEXC Global on 10th February 2022.
* [x] **UI/UX:** User interface reconfiguration&#x20;
* [ ] **Launch new IDO launchpad:** To support Dutch auction, batch auction and classic crowd sale. And introduce 2–3 projects for IDO. (<mark style="color:blue;">in progress</mark>)
* [ ] Launch our official CronaSwap NFT and include community in the process.
* [ ] **NFT:** NFT Earn, NFT Marketplace, NFT Launchpad, etc
* [ ] **Partnerships:** Introduce more partnerships and strengthen strategic cooperation among projects.
* [ ] **Project incubation:** We will provide project incubation guidance and financial support.
* [ ] **Grow the team:** We have A LOT we want to build, so we are targeting to hire more developers to increase our production quality and speed.
* [ ] **Governance:** Start a new DAO governance mode and gradually transfer project governance to the community.

### 2022-Q2

* [ ] **Start Farm Governance:** users can vote on various protocol functions, such as enhancing farms to be allocated higher emission levels. This will encourage users to provide liquidity to these farms.
* [ ] **Multi-chain deployment:** deploy DEX to multiple chains.
* [ ] **Limit order:** provide a new transaction method where you can purchase or sell at a specific price.
* [ ] Develop more partnerships.
* [ ] Add more CEX listing plans.
* [ ] Full community DAO governance mode.
* [ ] **Lottery:** Launch lottery play (<mark style="color:blue;">pending Chainlink Oracle</mark>).
* [ ] **GameFi:** Introduce simple GameFi and play to earn.&#x20;
* [ ] **Partner Staking:** Stake xCRONA to earn partner token.

### Others:&#x20;

* [ ] **Marketing:** Marketing expansion (media & influencers) - <mark style="color:blue;">in progress</mark>.
* [ ] **Listing on CEXes:** Listing on the main crypto exchanges.
* [x] **Listing on CoinGecko:** Listing as exchange on CoinGecko.
* [x] **Listing on CoinMarketCap:** Listing as exchange on CoinMarketCap.
* [x] **Audit:** (smart contract audited by Certik)
* [x] **Governance:** Full on-chain governance with xCRONA as the governance token.&#x20;
* [ ] **Grants Program:** Strategic cooperation with several high-quality projects to promote development on Cronos.
* [ ] **DAO:** Masterchef ownership transferred to on-chain DAO which controls pool weights, CRONA emissions, and decisions on adding new farms.


# Contracts

CronaSwapV1 contract addresses:

* TimeLock: [0x4D7aa1bC7CF5437031f9cD6881422C1204dd4592](https://cronoscan.com/address/0x4d7aa1bc7cf5437031f9cd6881422c1204dd4592#code)
* CronaBar: [0x25f0965F285F03d6F6B3B21c8EC3367412Fd0ef6](<https://cronoscan.com/address/0x25f0965F285F03d6F6B3B21c8EC3367412Fd0ef6#code >)
* CronaToken: [0xadbd1231fb360047525BEdF962581F3eee7b49fe](<https://cronoscan.com/address/0xadbd1231fb360047525BEdF962581F3eee7b49fe#code >)
* CronaVault: [0xDf3EBc46F283eF9bdD149Bb24c9b201a70d59389](<https://cronoscan.com/address/0xdf3ebc46f283ef9bdd149bb24c9b201a70d59389#code >)
* MasterChef: [0x77ea4a4cF9F77A034E4291E8f457Af7772c2B254](<https://cronoscan.com/address/0x77ea4a4cF9F77A034E4291E8f457Af7772c2B254#code >)
* CronaSwapRouter: [0xcd7d16fB918511BF7269eC4f48d61D79Fb26f918](<https://cronoscan.com/address/0xcd7d16fb918511bf7269ec4f48d61d79fb26f918#code >)
* CronaSwapFactory: [0x73A48f8f521EB31c55c0e1274dB0898dE599Cb11](<https://cronoscan.com/address/0x73A48f8f521EB31c55c0e1274dB0898dE599Cb11#code >)

{% hint style="success" %}
**CronaSwapV1  has been fully audited by** [*<mark style="color:blue;">**Cer**</mark>*](https://www.certik.com/projects/cronaswap)*<mark style="color:blue;">**tik**</mark>***.**&#x20;
{% endhint %}

CronaSwapV2 contract addresses:

* Timelock24H: [0x2613F3935EdcA467eF3459140aA330B0d4FF5503](https://cronoscan.com/address/0x2613F3935EdcA467eF3459140aA330B0d4FF5503#code)
* MasterChefV2: 0x7B1982b896CF2034A0674Acf67DC7924444637E4
* VotingEscrow: [0xB6678445da6aD6B1d28A1ECE9a3408d8a5539Ed6](https://cronoscan.com/address/0xB6678445da6aD6B1d28A1ECE9a3408d8a5539Ed6#code)

{% hint style="success" %}
**CronaSwapV2  has been fully audited by HashEx (In progressing).**&#x20;
{% endhint %}

#### *The above list highlights our main contracts. More contracts here:* [*https://github.com/cronaswap*](https://github.com/cronaswap/cronaswap-protocol)

### CronaSwap Key Wallets

Burn Wallet: `0x576375CEd106b645AC94296E5b23C399bc509cf9`

Treasury Accoun&#x74;*:* `0xe8ffBf68b128F6a48C7478f12D72A4662B930f93`

Swap Fee Account: `0xB6E6d031db616cF8aC338293dC2ecFa0F01C55EC`

Staking Fee Account:  -

Dev Fund Locked: `0xb67bA10D7Dc588740dd2D97100234CF90548f506 | Vesting 1 year`

LPToken Timelock: `0x769775E63579B47E0f5388466819226Bc23EF06a | Locked 1 year`


# Airdrop

Update on Nov 16th

### <mark style="color:red;">**Airdrop #1: CRONA Users - 1,000,000 CRONA to be airdropped**</mark>

**A: Testnet Airdrop**

* Airdrop amount: **300,000 CRONA**
* Airdrop target:  [**Testnet Participants Whitelist**](https://github.com/cronaswap/cronaswap-contracts/blob/main/whitelist/testnetValidUsers.csv)
* Airdrop rules: Distributed evenly accordingly to the number of whitelisted users.
* Distribution time: 26 Nov 2021, 4am UTC
* Distribution vesting: Linear release over 2 weeks&#x20;

**B: Mainnet Airdrop**

* Airdrop amount: 700,000 CRONA
* Airdrop rules:
  1. Complete community interaction requirements: follow Twitter, repost tweets, join Telegram, and complete the airdrop form. +1 point
  2. Participate in actual transactions in one or all pools, calculated based on the number of transactions and transaction volume. +N points
  3. The amount of CRONA held: >10 (+1 point), >100 (+3 points), >1000 (+5 points), >5000 (+10 points)
* Distribution rules: Linear release over 2 weeks.
* <mark style="color:red;">**Note:**</mark> <mark style="color:red;"></mark><mark style="color:red;">The airdrop decision was put to a community vote. The community has voted to burn CRONA instead of airdrop. Check results</mark> [<mark style="color:red;">**here**</mark>](https://snapshot.org/#/cronachef.eth/proposal/0x54ef2209b31a21588cfaec8d6e38e8d6e7909fa2bb957ac14c73ac99e3171988)<mark style="color:red;">.</mark>&#x20;

<mark style="color:purple;">**Additional notes:**</mark>

* <mark style="color:purple;">Data is calculated from the day of CronaSwap launch.</mark>&#x20;
* <mark style="color:purple;">The more you participate in actual real transactions, the more rewards you will get.</mark>
* <mark style="color:purple;">Everyone is welcome to participate. Users who have participated in the testnet airdrop can choose to continue to participate in the mainnet airdrop too. And if so, they will not need to submit the airdrop form again.</mark>&#x20;
* <mark style="color:purple;">The "amount of CRONA held" refers to either holding it in your wallet</mark> <mark style="color:purple;"></mark><mark style="color:purple;">**OR**</mark> <mark style="color:purple;"></mark><mark style="color:purple;">in a staking pool.</mark>&#x20;
* <mark style="color:red;">**According to the different opinions of our community, we decided to conduct voting governance on the decision for mainnet airdrop. See results here.**</mark> [<mark style="color:green;">**https://snapshot.org/#/cronachef.eth/proposal/0x54ef2209b31a21588cfaec8d6e38e8d6e7909fa2bb957ac14c73ac99e3171988**</mark>](https://snapshot.org/#/cronachef.eth/proposal/0x54ef2209b31a21588cfaec8d6e38e8d6e7909fa2bb957ac14c73ac99e3171988)

### <mark style="color:blue;">**Airdrop #2: 2,000,000 CRONA - UNI, CAKE or SUSHI holders**</mark>

* Airdrop target: users who hold **UNI,** **CAKE** or **SUSHI (UNI & SUSHI** from Ethereum, **CAKE** from BS&#x43;**)**
* Airdrop rules: When the second round of activities starts (expected to be 90 days later), further details will be announced.
* <mark style="color:red;">**Based on the feedback from our community, we have decided to hand over this airdrop decision to a community DAO on how and when we should do this.**</mark>&#x20;

## Airdrop #1 **Mainnet Airdrop** community vote

Based on the feedback from our community regarding airdrop #1 Mainnet Airdrop, we have submitted a proposal on [Snapshot](https://snapshot.org/#/cronachef.eth) for our community to vote on whether CRONA should be burned to achieve token deflation or to airdrop it to whitelisted winners as planned.&#x20;

The statistics of CRONA holdings are from the following pools:

* Auto CRONA Pool
* Manual CRONA Pool
* CRONA-CRO LP Pool
* CRONA-USDC LP Pool
* CRONA-USDT LP Pool
* The CRONA balance of your wallet

Voting ended on 27 Dec 2021, 4am UTC.&#x20;

The community has voted to burn CRONA. You can see the proposal results [**here**](https://snapshot.org/#/cronachef.eth/proposal/0x54ef2209b31a21588cfaec8d6e38e8d6e7909fa2bb957ac14c73ac99e3171988).


# Audit

Our project is a fork of PancakeSwap.&#x20;

<table><thead><tr><th width="150">Protocol</th><th width="150">Audit Company</th><th width="150">Report</th><th>Status</th></tr></thead><tbody><tr><td>V1</td><td>Certik</td><td><a href="https://www.certik.com/projects/cronaswap"><strong>https://www.certik.com/projects/cronaswap</strong></a> </td><td>Completed</td></tr><tr><td>V2</td><td>HashEx</td><td><a href="https://github.com/HashEx/public_audits/blob/master/cronaswap-staking/CronaSwap-Staking_audit-report.pdf"><strong>https://github.com/HashEx/public_audits/blob/master/cronaswap-staking/CronaSwap-Staking_audit-report.pdf</strong></a></td><td>Completed</td></tr></tbody></table>

We will always strive to keep our platform safe and reliable for our users.&#x20;


# CRONA Tokenomics

CRONA is our native token that powers our AMM+DEX ecosystem.

We explore its use cases below:&#x20;

* You can buy CRONA from our exchange.&#x20;
* Earn CRONA as rewards from staking LP tokens in our Farms.&#x20;
* Stake it in Launch Pools to earn free CRONA tokens.
* Use it in yield farms to earn even more CRONA.
* Buy lottery tickets in the CronaSwap Lottery.
* Vote on proposals relating to the CronaSwap ecosystem.

But that's not all -- there's much more on the horizon for CRONA!

### Token Detail

| **Token Symbol**               | CRONA                                      |
| ------------------------------ | ------------------------------------------ |
| **Total Supply**               | 300,000,000                                |
| **Initial Circulating Supply** | 49,950,000 CRONAs                          |
| **Initial Market Cap**         | $7,992,000 **(LISTING PRICE $0.16)**       |
| **Burn**                       | Yes (\*Deflationary Mechanics)             |
| **Emission**                   | \~1.90 per second (\~ 164383.5 CRONAs/day) |

{% hint style="info" %}
Out of these 49,950,000 tokens, 3,000,000 CRONA tokens will be used to secure the initial liquidity. This is done to ensure our users can make exchanges and experience all the features of the platform from the very beginning.
{% endhint %}

### Initial supply allocation

![](/files/u5HVNfj6DwA4qFPtD3eC)

The initial mint will be **16.65%** of the Total Max Supply and will be broken down as follows:

| Allocation Category    | % of Max Supply | Number of Tokens |
| ---------------------- | --------------- | ---------------- |
| Initial Liquidity      | 1.00%           | 3,000,000        |
| Seed Sale              | 1.20%           | 3,600,000        |
| Private Sale           | 3.45%           | 10,350,000       |
| Public Sale            | 1.00%           | 3,000,000        |
| Advisors               | 3.00%           | 9,000,000        |
| Community Airdrops     | 1.00%           | 3,000,000        |
| Locked Developer Funds | 6.00%           | 18,000,000       |

> *<mark style="color:red;">If you would like to know more about our Private Sale information, DM us on Telegram:</mark>* [*<mark style="color:red;">https://t.me/CronaChef</mark>*](https://t.me/CronaChef)

### TimeLock Schedule

* Initial liquidity was provided at $0.16, seeded by $800k (400k CRO, 400k CRONA) and time-locked (365 days).
* Developer funds are locked into a dev timelock contract and has a vesting period of 365 days.&#x20;
* Early investors have a 1-year linear lock up (unlocked on a per-second basis), locked into the VC timelock contracts.

### Remaining Supply for Emission

After the initial mint, the remaining **83.35%** of supply will be minted, following our Emissions Schedule.

* In the first year, there will be a total of 60 million tokens released.&#x20;
* After 365 days, this will be reduced by 1/5, thus there will be a total of 48 million tokens released in Year 2.&#x20;
* In Year 3, there will be a total of 38.4 million tokens released. And so on. This will allow CRONA to reach an asymptotic 84% of 300 million. &#x20;
* Once the total supply reaches 300 million, emissions will cease.

<mark style="color:blue;">**The emission schedule can be modified via a decentralized governance vote every year.**</mark>&#x20;

| Allocation Category   | % of Max Supply Allocated | Number of Tokens |
| --------------------- | ------------------------- | ---------------- |
| LP Farm / Launch Pool | 75.68%                    | \~229,000,000    |
| Community treasury    | 7.67%                     | \~22,920,000     |

* The community treasury funds will be controlled by a <mark style="color:blue;">**Multi-signature DAO**</mark>.
* &#x20;According to the classic SushiSwap model, 7.67% of all emissions are reserved for the community treasury to fund future CronaSwap development and expansion. **The treasury will be governed by the community once the&#x20;**<mark style="color:red;">**CronaDAO**</mark>**&#x20;is established.**
* After the <mark style="color:red;">**CronaDAO**</mark> is established, **the emission schedule, total supply and protocol utility of the CRONA token can be modified via a decentralized governance vote.**

### Deflationary Mechanism

All deflationary mechanism can be controlled via a decentralized governance vote.

* **0.05%** of every trade made on CronaSwa&#x70;**.**
* **20%** from all the purchased lottery tickets are used for token burning.
* **2%** of every yield harvest in the Auto Compound Pool.
* Other products that will be launched in the future can also consider the deflation mechanism.

<mark style="color:red;">**\* The deflationary mechanism is not yet active and will commence once the DAO is established.**</mark>


# What is veCRONA?

veCRONA stands for voting escrow CRONA. They represent your CRONA tokens that are locked for voting. The longer you lock your CRONA tokens, the more voting power you have, and you will get a higher boost (mining rewards).

* Every 1 CRONA locked for four years is equal to 1 veCRONA.
* You can vote lock 1,000 CRONA for a year to have a 250 veCRONA weight.
* The number of veCRONA you will receive depends on how long you lock your CRONA for.
* Minimum lock time is one week.
* Maximum lock time is four years.
* Your veCRONA weight gradually decreases as your escrowed tokens approach their lock expiry.

![](/files/ojt3oh6XlDtypm2AsU9W)

#### Farm Boost

* User holding veCRONA get boosted farming rewards.
* Farmers that hold veCRONA can receive a max boost of up to 2.5x(Locked 4 years) in farming rewards. For example, a farmer, with no veCRONA, could farm CRO-CRONA for 100% APR. Whereas a farmer with sufficient veCRONA to achieve max boost could farm CRO-CRONA for 250% APR.
* The farm boost is determined by the following equations:

> *<mark style="color:blue;">DerivedBalance = UserBalanceInFarm \* 0.4</mark>*
>
> *<mark style="color:blue;">AdjustedBalance = TotalDepositedInFarm \* UserVeCRONABalance / veCRONATotalSupply</mark>*
>
> *<mark style="color:blue;">BoostFactor = min(DerivedBalance + AdjustedBalance, UserBalanceInFarm) / DerivedBalance</mark>*

**Examples: There are 1,000 veCRONA total and 10,000 CRO/CRONA LP total in the farm.**

* User A has 0 veCRONA and 1,000 CR&#x4F;*/*&#x43;RONA LP in the farm --> BF = 0.4 --> 0.4/0.4 = 1x boost
* User B has 10 veCRONA and 1,000 CR&#x4F;*/*&#x43;RONA LP in the farm --> BF = 0.46 --> 0.46/0.4 = 1.15x boost
* User C has 100 veCRONA and 1,000 CR&#x4F;*/*&#x43;RONA LP in the farm --> BF = 1 --> 1/0.4 = 2.5x boost
* User D has 400 veCRONA and 1,000 CR&#x4F;*/*&#x43;RONA LP in the farm --> BF = 1 --> 1/0.4 = 2.5x boost

![](/files/Y2jNz1s46hMdvJwtzQ1K)

**Other benefits of veCRONA:**

1\. Voting governance for various public activities in the community.

2\. Accelerate Farm Mining, allowing you to enjoy a higher APR.

3\. Vote to determine the reward weight of the Farm Pool.

4\. Vote to determine the new project partner’s Farm Pool and reward weight.

5\. Airdrop rewards by project partners will be given priority to users who hold veCRONA

6\. Participate in IFO activities. The new version of IFO will use veCRONA as an admission entry (which will be reflected in the IFO Base Sale).

7\. Users who hold veCRONA will enjoy a partial buyback dividend in IFO (we will cancel the CRONA burn mechanism, and use the CRONA-CRO LP buyback to reward veCRONA holders)

8\. Users who hold veCRONA will enjoy the weekly transaction fee repurchase dividend (we will cancel the CRONA burn mechanism, and use the CRONA-CRO LP buyback to reward veCRONA holders)


# CRONA Token Burning

### **What Is Token Burning?**

Token burning is the process of permanently removing coins from circulation, thereby reducing the total supply. Token burning is usually performed by the development team behind a particular cryptocurrency asset. It can be done in several ways, most commonly by sending the coins to a so-called “eater address” or “dead address”. Its current balance is publicly visible on the blockchain, but access to its contents is not available to anyone.

### Why Is Token Burning Important?

There are several benefits of a coin burn and they are as follows:

**Increase in the value of the token**

This is probably the most well-known benefit of a coin burn. Coin burn reduces the overall circulation of the token, thereby the overall supply decreases. It might potentially result in the increase of the value of the token. The constant burning of the coin helps to keep a steady value.

**A steady value of the token**

Constant token burning helps to keep a steady value of the token and it also bets for a long-term price increase. Coin burn can potentially make the holder’s token more valuable than it was before the burn.

### How Does Token Burning At CronaSwap Work?

The practice of burning may involve the project’s developers buying tokens back from the market or burning parts of the supply already available to them. Here, at CronaSwap, there are two deflationary mechanisms in place.

1. 0.05% of the trading fees are used for buying the CRONA tokens back from the market and burning them.
2. CRONA Auto Compound performance fee is used for token burning.
3. 20% from all the purchased lottery tickets are used for token burning.

## CRONA Token Burning Schedule (Approximate)

{% tabs %}
{% tab title="Feb 11th, 2022" %}
**Total burned:** $37,733.675242 ( 161,087.739636168934967985CRONA tokens)&#x20;

&#x20;    :fire: **Trading fees** --> <mark style="color:red;">161,087.739636168934967985</mark> CRONA tokens

All burned CRONA tokens 100% transparent and recorded as transactions on the CRONOS:

**📍 Buyback CRONA tokens from trading fees**

[0x7df805c9b2da005faf7e191bae709670305382265e36ff7265d57f4ac9c0f3d2](https://cronoscan.com/tx/0x7df805c9b2da005faf7e191bae709670305382265e36ff7265d57f4ac9c0f3d2)

**📍 Sending CRONA tokens from trading fees to the "Burn Wallet"**

[0xb1ce40dddda1d1146a4f0322a16ac36676529e8a2d1b12311459c15c39acdaf8](https://cronoscan.com/tx/0xb1ce40dddda1d1146a4f0322a16ac36676529e8a2d1b12311459c15c39acdaf8)

**📍 Sending CRONA tokens to the "Dead Address"**

[0xc7ee6dec302fe3b8ee595a1f969583a2adc78e7c553b88242edfaab2f3f21aa4](https://cronoscan.com/tx/0xc7ee6dec302fe3b8ee595a1f969583a2adc78e7c553b88242edfaab2f3f21aa4)
{% endtab %}

{% tab title="Jan 09, 2022" %}
**Total burned:** $7,624.275716 ( 12,394.748CRONA tokens)&#x20;

&#x20;    :fire: **Trading fees** --> <mark style="color:red;">12,394.748</mark> CRONA tokens

All burned CRONA tokens 100% transparent and recorded as transactions on the CRONOS:

**📍 Buyback CRONA tokens from trading fees**

[0xdef3c5b88b3bc088a18deff200416334b537c6f5a55a5ca4480df1523b65a659](https://cronoscan.com/tx/0xdef3c5b88b3bc088a18deff200416334b537c6f5a55a5ca4480df1523b65a659)

**📍 Sending CRONA tokens from trading fees to the "Burn Wallet"**

[0x3d89cdfca8a5b591a7281604662582e9f33737faa8efb3daa8621cc331d17db6](https://cronoscan.com/tx/0x3d89cdfca8a5b591a7281604662582e9f33737faa8efb3daa8621cc331d17db6)

**📍 Sending CRONA tokens to the "Dead Address"**

[0xb9e04df5e994733ea42a26b40df7b522a9142c1e3294237b71d05ba40d883dd3](https://cronoscan.com/tx/0xb9e04df5e994733ea42a26b40df7b522a9142c1e3294237b71d05ba40d883dd3)
{% endtab %}
{% endtabs %}

{% tabs %}
{% tab title="Dec 27, 2021" %}
**Total burned:** $478,164 (70,0000 CRONA tokens) \
\
**📍 Sending CRONA tokens from Airdrop to the "Burn Wallet"**

[0x74de9b6de73660170f30e7eeb5654e36beae5f0a20ea3df42822581457f03a32](https://cronos.crypto.org/explorer/tx/0x74de9b6de73660170f30e7eeb5654e36beae5f0a20ea3df42822581457f03a32/token-transfers)\
\
**📍 Sending CRONA tokens to the "Dead Address"**\
[0xe5209cada7f00610806effcc88bd09bf77df3ec4bfe467b2c9e751629a15137e](https://cronos.crypto.org/explorer/tx/0xe5209cada7f00610806effcc88bd09bf77df3ec4bfe467b2c9e751629a15137e/token-transfers)
{% endtab %}

{% tab title="Dec 20, 2021" %}
**Total burned:** $33,768.894 (61,262.739 CRONA tokens)&#x20;

&#x20;    :fire: **Trading fees** --> <mark style="color:red;">61,262.739</mark> CRONA tokens

All burned CRONA tokens 100% transparent and recorded as transactions on the CRONOS:

**📍 Buyback CRONA tokens from trading fees**

[0x7788ef5ca7b5c3b0cbe702137918617585967b2db9128e56957f6beeca075309](https://cronos.crypto.org/explorer/tx/0x7788ef5ca7b5c3b0cbe702137918617585967b2db9128e56957f6beeca075309/token-transfers)

**📍 Sending CRONA tokens from trading fees to the "Burn Wallet"**

[0xc1b7389bbf5a04bbeec32c096289d7e1adf98c1d83fb04d7be87210445f25424](https://cronos.crypto.org/explorer/tx/0xc1b7389bbf5a04bbeec32c096289d7e1adf98c1d83fb04d7be87210445f25424)

**📍 Sending CRONA tokens to the "Dead Address"**

[0xf187f9d0885d65ee31273e0864d5eaafa677f16b4c007d406f2fb789b09848a3](https://cronos.crypto.org/explorer/tx/0xf187f9d0885d65ee31273e0864d5eaafa677f16b4c007d406f2fb789b09848a3/token-transfers)
{% endtab %}

{% tab title="Dec 09, 2021" %}
**Total burned:** $22,709.351 (18,125.545 CRONA tokens)&#x20;

&#x20;    :fire: **Trading fees** --> 18,125.545 CRONA tokens

All burned CRONA tokens 100% transparent and recorded as transactions on the CRONOS:

**📍 Buyback CRONA tokens from trading fees**

[0x5f0546604ecd3fd346a40b14ffb530f8889bfeeb71db1e8f8c0dd9047a7305f8](https://cronos.crypto.org/explorer/tx/0x5f0546604ecd3fd346a40b14ffb530f8889bfeeb71db1e8f8c0dd9047a7305f8/token-transfers)

**📍 Sending CRONA tokens from trading fees to the "Burn Wallet"**

[0x70b994396f077ae74e2c2f3e25fc70422271a2e605cb1f730e57f2f453e15a5c](https://cronos.crypto.org/explorer/tx/0x70b994396f077ae74e2c2f3e25fc70422271a2e605cb1f730e57f2f453e15a5c/token-transfers)

**📍 Sending CRONA tokens to the "Dead Address"**

[0xbdd8a33fbcdd62f0b47a403c7fbc5db1b720fef5b2f252cb294396d50116cb92](https://cronos.crypto.org/explorer/tx/0xbdd8a33fbcdd62f0b47a403c7fbc5db1b720fef5b2f252cb294396d50116cb92/token-transfers)
{% endtab %}

{% tab title="Dec 01, 2021" %}
**Total burned:** $18614.122 (15909.506 CRONA tokens)&#x20;

&#x20;    :fire: **Trading fees** --> 15909.506 CRONA tokens

All burned CRONA tokens 100% transparent and recorded as transactions on the CRONOS:

**📍 Sending CRONA tokens from trading fees to the "Burn Wallet"**

[0x6ae1a51cf1be6deaaf5ab4c574c2c475172d4f8d7e3d0d24677466e30bca8ec6](https://cronos.crypto.org/explorer/tx/0x6ae1a51cf1be6deaaf5ab4c574c2c475172d4f8d7e3d0d24677466e30bca8ec6/token-transfers)

**📍 Sending CRONA tokens to the "Dead Address"**

[0x7252bf637c58d212fde16a76d005f85cf8e429a98cb00e7093c33c87f89e87c3](https://cronos.crypto.org/explorer/tx/0x7252bf637c58d212fde16a76d005f85cf8e429a98cb00e7093c33c87f89e87c3/token-transfers)
{% endtab %}
{% endtabs %}


# Why CRONA per second?

One nuance about CronaSwap's farms that some of you may have noticed is that we calculate emissions based on CRONA per second, rather than per block like the farms on Binance Smart Chain and Ethereum do. On Cronos, the block times are proportional to the transaction activity on the block. As such, the block times can vary from as low as 4.9 seconds to as high as 5.9+ seconds back.

Live updates on Cronos Block Times can be seen here: ​ <https://cronos.crypto.org/cassini/explorer>

![Cronos block chart](/files/e43NBNG7nwkI0DByrIyq)

What does this mean for CronaSwap? In regards to the Farm, not much. You will still earn rewards just like the farms on other chains, and just as consistently, if not more so. In regards to Swap, however, this is where Cronos shines. As transactions go up on the Cronos Blockchain (hopefully with help from us), block times will go down, and this means faster confirmations of transactions and faster trades. Faster trades mean better arbitrage opportunities, less slippage, less or no front-running, a better user experience, and the potential for more advanced trading applications.

More information about Cronos can be found here: <https://cronos.crypto.org/cassini>

To view Binance Smart Chain block times which are \~3 seconds, click here: <https://bscscan.com/chart/blocktime>

To View Ethereum Chain block times which are \~13 seconds click here: <https://etherscan.io/chart/blocktime>


# GRONA

### **General Details**

**Ticker:** $**GRONA**

**Contract Address:** [0x3916598D3C1aA1252D3F7Bf5b428B1303d87A9CC](https://cronoscan.com/address/0x3916598D3C1aA1252D3F7Bf5b428B1303d87A9CC)

**Chain:** Cronos chain (CRC-20)

The Golden Crona token (most commonly known by its ticker symbol, $GRONA) was designed specifically to reward CronaSwap’s most loyal community members. GRONA enables holders not only participate in governance, but to also take advantage of other valuable benefits including passive farming, exclusive pools, and access to special IFO allocations.

GRONA is an extension of our CRONA tokenomics; it's a derivative token of CRONA which offers more benefits at a higher premium.&#x20;

### How Do I Get GRONA?&#x20;

GRONA can only be acquired by converting CRONA on the Golden Crona page.&#x20;

{% hint style="info" %}
**NOTE:** Users incur a 28% burn fee in addition to a 2% reflect fee, resulting in a 30% reduction in tokens when going from CRONA to GRONA. This is beneficial to the CronaSwap ecosystem, as this decrease in tokens materially helps offset the inflation of CRONA, reducing the circulating supply of CRONA.&#x20;
{% endhint %}

As a result of the burn and reflect fees, users receive 0.7 GRONA for every 1 CRONA converted.&#x20;

**To reward GRONA users for their commitment, GRONA is valued at 1.389x compared to CRONA within the CronaSwap ecosystem** (Staking Pools & IFOs).

{% hint style="info" %}
**NOTE:** You only realize the 28% loss of the burn fee when you leave GRONA by converting it back to CRONA.
{% endhint %}

In traditional finance, this would be considered an "unrealized loss". It only becomes material once you convert GRONA back to CRONA, as your tokens are valued as if they were still CRONA while inside the CronaSwap ecosystem.

### What Can I Do With GRONA?&#x20;

GRONA can *only* be acquired with CRONA on the Golden CRONA page. CronaSwap offers users several different options to take advantage of their GRONA holdings:&#x20;

1\) **Vote on CronaSwap DAO governance proposals** or create a community proposal based on the amount of GRONA tokens held\*&#x20;

2\) **Stake GRONA** in special GRONA-only Staking Pools to earn CRONA, or other partner tokens

3\) **Participate in special GRONA-only allocations** in Initial Dex Offerings that are separate from the standard CRO allocations

4\) **Engage in passive farming** by earning a proportional share of a 2% reflect fee generated each time GRONA is transferred\*&#x20;

{% hint style="info" %}
**\*NOTE**: These options only apply to GRONA held in wallets, not staked in Staking Pools.&#x20;
{% endhint %}

For more information on how to use GRONA, visit the GRONA Utility page.

### Reflect Fee

GRONA is a reflect token, with a 2% transfer fee. This means that any time CRONA is moved from wallet to wallet, staked into a Staking Pool, or otherwise transferred, 2% of the amount transferred is distributed proportionally to all other users who hold GRONA in their wallet (i.e., not staked in Staking Pools).&#x20;

### GRONA Treasury & Returning to CRONA

GRONA is ultimately backed 1:1 by CRONA, and can always be exchanged for CRONA. Since GRONA is valued at 1.389x CRONA within the CronaSwap ecosystem, users realize the difference in value between GRONA and CRONA only when converting GRONA back to CRONA.&#x20;

Sold GRONA is returned to the treasury fund and ultimately available for purchase from the next person that wants GRONA. As a user, you get 0.98 CRONA per GRONA when you return to CRONA, after accounting for the 2% reflect fee. New GRONA is minted only if there is no existing supply in the treasury to fulfill sell requests.

{% hint style="info" %}
**NOTE**: CronaSwap does not control or own the treasury supply! Each of the above mechanics is dictated exclusively by smart contracts. GRONA does not trade openly on any secondary markets, and cannot be purchased from any exchange other than CronaSwap. CronaSwap will never open a GRONA Yield Farm, as it is a derivative token of CRONA, which is fully liquid and tradable.
{% endhint %}


# GRONA Utility

### **Passive Farming**

If you hold GRONA in your wallet, you will passively farm rewards in the form of reflect fees proportional to the amount of GRONA held when other users transfer or stake CRONA.

### **Governance**

GRONA serves as the core governance token of CronaSwap. The ability of users to vote on CronaSwap governance proposals is determined by the amount of GRONA held in a user's wallet at the time of a particular snapshot.

{% hint style="info" %}
**NOTE**: this does not include any GRONA staked in GRONA Staking Pools at the time of the snapshot, so be sure to unstake your GRONA prior to a snapshot if you want to participate in governance voting!
{% endhint %}

### **Exclusive Staking Pool Access**

CronaSwap offers dozens of special GRONA Staking Pools that allow users to stake GRONA to earn partner tokens at competitive APRs. These pools require users to stake GRONA instead of CRONA - we even offer a perpetual "Stake GRONA, Earn CRONA" pool that allows users to earn CRONA by staking GRONA.&#x20;

{% hint style="info" %}
**NOTE**: GRONA staked in Staking Pools at the time of a voting snapshot is not counted towards a user's GRONA holdings for the purposes of governance.
{% endhint %}

### **Exclusive IFO Access**

GRONA holders gain access to exclusive token allocations for Initial FARM Offerings. All GRONA raised from the GRONA portion of an IFO is converted to CRONA and then burned, benefitting the CronaSwap ecosystem as a whole. Thanks to their exclusivity, GRONA IFO allocations also tend to be less oversubscribed than CRO allocations, offering GRONA holders a more competitive token allocation in the event of an oversubscribed IFO.


# Exchange

### Swap/Trade

**CronaSwap** lets users trade without the need to go through a Centralized Exchange. Everything you do on **CronaSwap** is routed directly through your own wallet — no need to trust someone else with your coins.

![](/files/pEdkgGLyGPpN59HMHCmz)

When a user makes a token swap (trade) on the exchange, a trading fee of **0.25%** will be charged, which is broken down in the following way:

{% hint style="info" %}
:lollipop: **0.17%** is returned to liquidity providers in the form of a fee reward. \
:fire: **0.03%** is returned to Treasury.                                                              :fire: **0.05%** used to CRONA token burning.   &#x20;
{% endhint %}

### Liquidity Pools

When you add liquidity to the pool, you will get LP tokens. When someone makes a token swap, a transaction fee of 0.25% will be charged. 0.17% will be returned to liquidity providers in the form of a fee reward.&#x20;

![](/files/SECz5bVyuyXq33fvNSgY)

The liquidity pool will also allow you to stake your LP tokens to earn CRONA tokens in the Farms. Hence, apart from earning income from token swap transactions, a user will be able to stake LP tokens and earn CRONA tokens.&#x20;

> For instance, if you add liquidity to CRO / CRONA, you will receive CRO-CRONA LP tokens. The number of LP tokens you receive represents your share in the CRO-CRONA liquidity pool. You can always request the withdrawal of your funds by removing your liquidity.

You can only swap tokens on **CronaSwap** if there is enough liquidity for those tokens. If nobody has added much liquidity for the token or tokens you want to swap, it will be difficult, expensive, or impossible to do so.&#x20;

Providing liquidity will get you LP Tokens, which will earn you rewards in the form of trading fees for making sure there's always liquidity for the exchange to use.


# Yield Farming

CronaSwap Farms offer multiple farming opportunities to our users. You can stake your LP tokens and earn CRONA tokens in return. We will incentivize many liquidity pairs by offering our Liquidity Providers the chance to stake their LP tokens in our farms.&#x20;

![](/files/IhKa3LzGiYwqq4IKFCe6)

{% hint style="success" %}
When a person adds liquidity to the pool, he/she will receive LP tokens. For example, if a person added liquidity to a $CRO / $USDC pair, he/she will receive CRO-USDC LP tokens. In addition to transaction fee rewards, the user can to go to “Farms”, stake these LP tokens and earn CRONA tokens in return.
{% endhint %}


# Launch Pools

**CronaSwap** Launch Pools are a less resource-intensive alternative to mining. It lets you use your tokens to earn more tokens, for free. Simply put, you lock your cryptocurrency to receive rewards. From the very beginning, a user can stake only **CRONA** tokens in exchange for more **CRONA**. We are planning to add more opportunities (tokens) in the future but for now, you can only stake **CRONA** in exchange for **CRONA**.&#x20;

![](/files/7vhpklXCoTzG2ywx7uju)

{% hint style="success" %}
Let’s say you have CRONA tokens and you are looking for ways to invest your cryptocurrency. As an option, you will be able to go to our Launch Pools and stake your CRONA tokens in exchange for CRONA.
{% endhint %}


# IFO

Initial Farm Offering

![](/files/ek7VIcJ16j6H7wKdmNki)

For those who are new to IFO, fret not! We will go through a detailed guide on what IFOs are, how to participate in them, and everything else you need to know to get you ready!&#x20;

## **What is IFO?**

IFO is utilized as a type of fundraising event to help new projects raise capital through pre-sale events hosted by decentralized exchanges. Investors like yourself can participate in the pre-sale events and purchase the new project’s tokens.

**TLDR:** CronaSwap’s IFO acts as a project launchpad and allows you to discover opportunities to purchase tokens of new projects on Cronos. **veCRONA is needed** to be eligible to participate in IFO basic sale. Your veCRONA will determine the maximum amount of funds you can commit to the IFO event. For IFO unlimited sale, you do not need veCRONA. Stablecoins (USDC) can be used to commit your funds to the IFO sale.&#x20;

To learn more about veCRONA, please check out this [guide](/tokenomics/what-is-vecrona).

## **Benefits of IFO with CronaSwap**

**CronaSwap users:**

You get first dibs and exclusive access to the purchase of tokens of new projects before it gets listed. By being one of the first to purchase new tokens, you get to benefit from higher rewards. Keep your eyes peeled for all the exciting opportunities we will bring to you on CronaSwap!

**New projects:**

Raise funds and create initial liquidity for your new project via our IFO.

Launch your project with CronaSwap, the premier AMM DEX on Cronos, to help bring your token directly to our active and growing community on Cronos!

[**Apply IFO**](https://forms.gle/Y9mpAJGVisxU3JyG8)&#x20;


# How does IFO works

For <mark style="color:red;">**IFO basic sale**</mark>, you will need [**veCRONA**](/tokenomics/what-is-vecrona) to be eligible to participate in the IFO event. For <mark style="color:purple;">**IFO unlimited sale**</mark>, you do not need veCRONA. Read below to find out more!

New projects will set a target fundraising amount and funds will be raised via USDC/USDT/CRONA tokens (depends on project partners' requirements). This means investors can purchase the new project’s tokens using these tokens (you will be informed what type of funds can be committed for each IFO).

After the IFO is over, investors will get to claim the new tokens they have bought!

## **“Overflow” sale method**

The IFO will utilize the “overflow” sale method. Basically, you have to indicate the amount of funds you would like to commit first. But your final allocation of the new tokens will be based on the amount of funds you put in as a percentage of all the funds pooled together in the pool.

Therefore, if the amount raised “overflows” and is more than the target fundraising amount, users will get back any leftover funds after claiming their allocated new tokens.

This also means it is possible to receive no new tokens at all if you commit only a small amount of funds as compared to the total amount of funds committed by others. If so, you will get back your original funds after the sale.

TLDR: The more funds you commit, the higher your token allocation. And you will also get back any funds that are unused.

## **What happens if the IFO does not raise the targeted funds?**

If the IFO does not raise the targeted funds, the sale will still proceed and all funds committed will be used to buy new tokens.

## **Two types of IFO sale:**

There are two types of sales available – basic sale and unlimited sale. Each has their own sets of conditions, and you can choose to join either or both sale.

**(1) Basic sale**

* Requires veCRONA (by locking your CRONA tokens in the Boost function)
* Limited buy amount per user ($1,000/address)
* No fees
* The amount of tokens available in this sale will represent 30% of total sale

<mark style="color:red;">**In the “Basic” sale, the maximum commitment for each participant is the lower of their IFO credits or the cap of $1,000 per address.**</mark>

**(2) Unlimited sale**

* No veCRONA required
* No limit to buy amount
* Includes participation fee (determined by total value of pool)
* The amount of tokens available in this sale will represent 70% of total sale

<mark style="color:red;">**You can choose to participate in both "Basic" and "Unlimited" sale.**</mark>&#x20;

{% hint style="info" %}
Note that IFO events are only available for a limited time.
{% endhint %}


# How to participate

This page is not updated for the new version of IFO. Please stay tuned.

Click on the **two tabs below** to see how to participate in the IFO basic sale and IFO unlimited sale. The process will be slightly different.&#x20;

You can see upcoming IFOs here: <https://app.cronaswap.org/ifo>

{% tabs %}
{% tab title="IFO Basic Sale" %}

## **Step 1:** Before IFO – earn IFO credits by staking CRONA in the IFO CRONA pool to be eligible to participate

* Go to <https://app.cronaswap.org/stake>

![](/files/GpJsbeTrsj12qi55UazW)

* Click on “Enable” on the IFO CRONA pool to enable CRONA deposit (please prepare some CRO for gas to enable CRONA).

![](/files/Fznipwf82QWiAaIYnB0X)

* **Alternatively,** you can also use the IFO CRONA pool on <https://app.cronaswap.org/ifo>

![](/files/gY9dKV1OWV7pUfEOjypy)

![](/files/WzFmPJnLDcHB5IrD6F2M)

* Click on “Stake” to bring up the staking modal.

![](/files/zG0xccHZpxDrtaeHgz1g)

* Choose the amount of CRONA you want to stake in the pool. Click on “confirm” and approve the transaction.

![](/files/q9GgwIpbxyAQbNHFh41F)

* Check your IFO credits which will determine your maximum commitment limit for IFO events. This is calculated by your average pool balance during the calculation period.

![](/files/lH1ya1PjcjjDMcHnpZLv)

{% hint style="info" %}
The above screenshots are using mock-up data.&#x20;
{% endhint %}

###

## **Step 2:** During IFO – when the IFO sale is live, commit your funds to the IFO event.&#x20;

* Go to <https://app.cronaswap.org/ifo>

![](/files/gY9dKV1OWV7pUfEOjypy)

* Click on “Commit USDC-USDT LP” to commit your LP tokens

![](/files/lyuVMdfZ2Bk0UcjtWTCY)

* After you have swapped for LP tokens, click on “Enable” to enable USDC-USDT LP deposit (please prepare some CRO for gas to enable CRONA).

![](/files/kuuoOu6QvaDw4TZfWKbR)

* Select the amount of LP tokens you would like to commit, and click “confirm” and approve the transaction.

![](/files/bYYubrbyA7oDRWoobK1Q)

## **Step 3:** After IFO – claim the new tokens allocated to you based on your funds’ percentage in the pool.

![](/files/JsnELP9Nyx0qGf0BQhvO)
{% endtab %}

{% tab title="IFO Unlimited Sale" %}

## **Step 1:** During IFO – when the IFO sale is live, commit your funds to the IFO event.

* Go to <https://app.cronaswap.org/ifo>

![](/files/gY9dKV1OWV7pUfEOjypy)

* Click on “Commit USDC-USDT LP” to commit your LP tokens

![](/files/GBVdMtPrhHJBE1M1C7cH)

* After you have swapped for LP tokens, click on “Enable” to enable USDC-USDT LP deposit (please prepare some CRO for gas to enable CRONA).

![](/files/ghd20KLBUtLUawSL8Oe7)

* Select the amount of LP tokens you would like to commit, and click “confirm” and approve the transaction.

![](/files/44Da0O6kSE19YChTRfs5)

## **Step 2:** After IFO – claim the new tokens allocated to you based on your funds’ percentage in the pool.

![](/files/JsnELP9Nyx0qGf0BQhvO)
{% endtab %}
{% endtabs %}

{% hint style="info" %}
In the case of an overflow, any of your unused tokens will be returned to you.&#x20;
{% endhint %}

Wasn’t that easy? Now you can get your hands on brand new tokens and discover gem projects on CronaSwap.&#x20;

If you have any questions, feel free to reach out to us on [Telegram](https://t.me/cronaswap) or [Discord](https://discord.gg/YXxega5vJG) for support. Our team is always ready to help!


# Apply IFO (for new projects)

Are you launching your project on Cronos?

Partner with CronaSwap, the premier AMM DEX on Cronos, to help bring your token directly to our active and growing community on Cronos!

You can raise funds and create initial liquidity for your new project via our IFO.

We are always on the lookout for up-and-coming gems and established projects to bring to our CronaSwap community. Fill up the application form below and we will reach out to you as soon as possible!

We look forward to an awesome partnership!

[**Application form**](https://forms.gle/Y9mpAJGVisxU3JyG8)


# Lottery

Launched in future

**CronaSwap Lottery** is a game of chance in which winners are selected randomly. Our lottery allows every user who bought at least one lottery ticket to get rewarded with huge CRONA prizes.

## Specifics&#x20;

* **Valid lottery token:** CRONA
* **Lottery ticket cost:** $2 in CRONA
* **User entry limit:** only 500 tickets can be bought in one go
* **Max number of tickets to be purchased at a time:** unlimited&#x20;
* **Duration:** 12 hours for 1 lottery round&#x20;
* One lottery ticket gives a user a random 6-digit combination with each digit being between 0-9.&#x20;

## Lottery Ticket Cost & Bulk Purchase Discount&#x20;

Lottery ticket price is set in the beginning of every round and targets the price of $2. However, this amount may vary with sudden price fluctuations. Our platform allows a user to save on expenses by purchasing multiple tickets at once.&#x20;

## Winning Criteria

The digits on your ticket must match in the correct order to win. Let's consider an example of a lottery draw with two different tickets, A and B.&#x20;

* **Ticket A:** The first 3 digits and the last 2 digits match, but the 4th digit is wrong. It means that this ticket only wins a "Match first 3" prize.
* **Ticket B:** Even though the last 5 digits match, the first digit is wrong meaning this ticket does not win a prize.&#x20;


# Bond

Bond Is An Passive Income Product Of **Cronaswap** Which Gives Fixed Returns Until The Bond Expiration Period. Bond Was Designed Specifically To Generate Passive Income For Bond Holders.&#x20;

**How To Get Passive Income From Bond Product?**

Users Need To Buy Bond With **$GRONA** From the[ Bond Page](https://app.cronaswap.org/). That's It, As Simple As Easy. Your Rewards Are Accumulated Every Second Until The Bond Expiration Period And Rewards Can Be Claimed By Clicking Withdraw.

**How Many Bonds Can each User purchase?**

Users Can Purchase Unlimited Bonds But The Number Of Bonds Upto Maximum Of Batch Limit, Bonds In A First Come First Serve (FCFS) Manner.

**Can I Get My initial deposit Back After Bond Purchase?**&#x20;

No, The $Grona Raised from Bonds Will Be Converted Back To $Crona From [Grona Page](https://app.cronaswap.org/grona) By The **Cronaswap Team** And Will Be Sent To **Cronaswap Treasury**. Moreover Bond Holders can earn passive income till Bond Expiration period.

**How Are Rewards Paid To Users?**

**Cronaswap** **Team** Uses Treasury Funds For Reward Distribution. So Users No Need To Worry About Token Inflation As Rewards Are Given From The Treasury. No Additional Tokens are Minted for rewarding users.&#x20;

**Are There Any Taxes On Bond Product?**

Currently There Is No Tax For Purchasing Bonds Or For Withdrawing Rewards. Improvements Will Be Announced To The Community Prior To Implementation.

> &#x20;Note - Users Need To Be Aware That The $Grona Token Itself Has An applicable 2% Transfer Tax.

## THINGS TO REMEMBER ABOUT BOND. <a href="#id-5acd" id="id-5acd"></a>

1. Zero Risk Since Bonds Are Issued By Cronaswap Team.
2. Returns Are Fixed In Smart Contract, So Users Can Earn Seamless Rewards
3. Bonds Offer A Low Minimum Investment Requirement Of Less Than $100
4. There Is No Individual Purchase Limit For Bonds
5. Rewards Can Be Claimed Per Second.
6. User Cannot Able To Withdraw The Principal Deposits
7. Price Volatility Risk Of Rewards Token

## **Let's Understand Some Of The Terminology Used In Bond Product.**

1. **Batch Id** = All The Batches Are Differentiated With Batch Id
2. **Number Of Bonds** = Every Batch Consists Of “X” No Of Bonds Which Can Be Purchased By Users
3. **Bond Price** = Price Of The Bond At Which Users Can Purchase With $Grona
4. **Expiration Period** = Duration Of Time After Which The Purchased Bonds Stop Giving Rewards.
5. **Daily Apr** = Daily Fixed Return Earned for every second
6. **Daily Rewards** = Calculated As No Of Bonds Purchased \* Bond Price In $Grona \*Daily Apr
7. **Rewards Period** = Rewards Are paid per second till bond expiration period
8. **Reward Token** = All The Rewards Were Paid In $Crona

**Example -** Let Assume Cronaswap Team Issued Bonds For Batch 1 With Following Details. Say User ‘A’ Bought 100 Bonds

1. **Batch Id = 1**
2. **Number Of Bonds = 10,000**
3. **Bond Price = 1000 $Grona**
4. **Expiration Period = 70**
5. **Daily Apr = 3%**
6. **Daily Rewards = 100\*1000 \*3% = 3000 $Crona**
7. **Rewards Period = Rewards per second.**
8. **Reward Token = $Crona**

From Above Data User ‘A’ Purchased 100 Bonds With Each Bond Price Of 1000 $Grona With Total Investment Of 100 Bonds\*1000 $Grona = 100,000 $Grona, Will Earn 3000 $Crona Per Day With Total $Crona Earnings Of 3000 $Crona \* 70 Days = 210,000 $Crona.

Total profit = Total rewards - Initial investment i.e 110% Returns After excluding initial Investment In 70 Days…. Pretty Cool Right? Absolutely.&#x20;

> **NOTE -** Cronaswap Team Will  Decide The Bond Price, Reward Apr, Expiration Period, No Of Bonds For Every Batch Considering Macro Economic Conditions Like Market Scenario, Token Circulating Supply, Token Price, Token Inflation Percentage And More Until Full Establishment Of Cronaswap Dao.


# How to migrate to V2

A step-by-step guide on how to migrate from V1 to V2

### **Scenario: If you have liquidity in Farm V1**

1\. Go to <https://app.cronaswap.org/>

2\. Click on “Farm V1”.

![](/files/TjvyA040ESYcgXsba9HV)

3\. Go to the pool you are in and select the “unstake” button.

![](/files/EvTY0p8Ra9t2GEnoxS0T)

4\. Then click on “Farm V2”.

![](/files/46HHHMpG6dtYpkiXCEWd)

5\. Select the exact same farm you were in from V1 and click on the “stake” button.&#x20;

![](/files/9hGA2hNY076xBywevvfc)

### **Scenario: If you have funds in IFO pool from V1**

1\. Go to <https://app.cronaswap.org/>

2\. Click on “V1 (old)” and it will bring you to this website. <https://appv1.cronaswap.org/>

![](/files/Xy9Q1QWonwukJWCw1joP)

3\. Select “IFO”.

![ ](/files/YK0v9kpLvQIbNl6emsYX)

4\. On the IFO CRONA pool, click on the minus button.&#x20;

![](/files/ZWtFpk2Mr03K9U1kDA5n)

5\. Select “Max” and click on “confirm”.

![](/files/GzJTGa8zuzCEA4Yu8Skx)

&#x20;

6\. Now you have unstaked your CRONA from v1! If you wish to stake your CRONA again, go back to v2.

7\. To go to V2 Stake, go to this website. <https://app.cronaswap.org/stake>

![](/files/FYD0ZRTBsuvZO8ISwthS)

8\. Click on the “stake CRONA” tab and enter the amount of CRONA you wish to stake.

![](/files/ELgSQbJejfPjc9OCSaf8)

If you still have any other questions, please reach out to support on Telegram or Discord!


# How to transfer funds?

CronaSwap aims to be the leading DEX built on the Cronos Chain. Users get to enjoy lower fees, faster transactions, and built-in interoperability (via IBC protocol) all on Cronos! Its native token is CRO, which is primarily used as transaction fees or network gas fees. However, it can also be staked to earn rewards.

To connect to CronaSwap, you will need to use a decentralised, non-custodial wallet such as Crypto.com DeFi wallet, Metamask, etc. But you will have to bridge your CRO tokens from the Crypto.org chain to the Cronos chain via the Cronos Bridge. The Cronos Bridge supports fast, secure, and low-cost transfers between Crypto.org chain and Cronos Chain.

{% hint style="info" %}
Note: The wallet address for Crypto.org chain and Cronos chain is different. You can tell the difference by looking at the start of the address.

* Crypto.org chain’s address will start with “cro…” followed by string of alphanumeric numbers.
* Cronos chain’s address will start with “0x…” followed by string of alphanumeric numbers.
  {% endhint %}

There are several ways to transfer funds to CronaSwap. Select any of the options below and we will guide you step-by-step through the process. If you have any further questions, feel free to reach out to us on Telegram or Discord.

{% content-ref url="/pages/1bBbW6FPBXOilYCd5XVs" %}
[Via Crypto.com DeFi wallet](/guides/how-to-transfer-funds/via-crypto.com-defi-wallet)
{% endcontent-ref %}

{% content-ref url="/pages/ZiWn1MVfJUMr6QKiKnJ4" %}
[Setup Cronos Chain on Metamask](/guides/how-to-transfer-funds/setup-cronos-chain-on-metamask)
{% endcontent-ref %}

{% content-ref url="/pages/Wf3MC35ABtspuBZwBSpD" %}
[Via Cronos Bridge web app](/guides/how-to-transfer-funds/via-cronos-bridge-web-app)
{% endcontent-ref %}


# Via Crypto.com DeFi wallet

By default, your CRO tokens are stored on the Crypto.org chain in the DeFi wallet (mobile app). You will need to transfer the tokens to the Cronos chain.

The good news is Cronos Bridge is already embedded in the DeFi wallet so you can transfer tokens seamlessly to Cronos directly from the wallet.&#x20;

Step 1: On your wallet’s homepage (on the mobile app), scroll down until you see the Cronos Bridge tool and tap on it.

![](/files/b9yJeAHR8QtFfA4bBu91)

Step 2: In the “From” field, select Crypto.org Mainnet. In the “To” field, select Cronos Beta.

![](/files/9rtl4ANIlXzOz6hF1JzF)

Step 3: Enter the number of tokens you wish to transfer and tap on the “Transfer CRO” button to confirm it. Remember to leave some CRO tokens in your wallet for transaction/gas fees!

{% hint style="info" %}
Tip – always send a small test amount when trying a new process the first time.
{% endhint %}

![](/files/zbVLoDLpuoBLaYsPOb0p)

Step 4: You will arrive at the confirmation page that reflects the network fee and bridge service fee. Tap on “Confirm to Transfer”.

![](/files/HbdbXXRL2j4wF21RndzB)

Step 5: Your request has been submitted and it will take about 1 minute for the bridging process to complete.

![](/files/NzkSr8TEIMcAObVRH63t)

Step 6: Your bridge transfer is completed once you see this page! Your tokens are now on the Cronos chain.

![](/files/WtcPse4fV3omAzKNgMso)

Step 7: To check if your tokens are on the right chain, you may use the Cronos Bridge tool on the mobile app again to see if the balance is correct. Alternatively, you can also login to the [Crypto.com Wallet Extension](https://chrome.google.com/webstore/detail/cryptocom-wallet-extensio/hifafgmccdpekplomjjkcfgodnhcellj) (Chrome extension) and select “Cronos Beta” from the drop-down list to view your transferred tokens.

Step 8: Now you can head to <https://app.cronaswap.org/> and click on “Connect Wallet”.

![](/files/aW7gUgZIL3pKBSW5zDh4)

Step 9: Select “Crypto.com DeFi wallet”.

![](/files/Psxlq2P6Lhgu4ev66n8X)

Step 10: A pop-up notification will appear and click on “Allow” to connect your wallet on CronaSwap. And that’s it! Feel free to start using the features on CronaSwap such as Swap, Farm and Launch Pools.

![](/files/nObEq9Gx9GzOn6XoSx6f)


# Setup Cronos Chain on Metamask

If you are using the Metamask wallet, you will need to add the Cronos chain manually to interact with the dApps on Cronos. You can use this guide for the mobile or Chrome extension version of Metamask.

Step 1: At the top of the wallet UI, click on the drop-down list for the list of networks.

![](/files/ivKgxqiMLBwz26RK9xsS)

Step 2: Scroll to the bottom of the list and select “Custom RPC”. This is where you will need to manually add the network settings.

![](/files/yU6iTheE0mzy5L3JKNtV)

Step 3: Enter the following details in the fields provided and click “save”.

![](/files/4hjZdrHfiQax0PuZrZsy)

Network Name: Cronos

New RPC URL: [https://evm-cronos.crypto.org](https://evm-cronos.crypto.org/)

ChainID: 25

Symbol: CRO

Block Explorer URL: <https://cronos.crypto.org/explorer/>

Step 4: You have successfully added the Cronos chain! You can now receive and send CRO on your Metamask wallet.

Step 5: Next, you may head to <https://app.cronaswap.org/> and click on “Connect Wallet”.

![](/files/22ClX4IaEB8onXW2DBcx)

Step 6: Select Metamask and login.

![](/files/LiR6szJPbvgYi4kd61Eu)

Step 7: You are now connected! Feel free to start using the features on CronaSwap such as Swap, Farm and Launch Pools.


# Via Cronos Bridge web app

This guide will teach you how to use the Cronos Bridge web app for Crypto.com DeFi wallet, Keplr or Metamask.

Before we get started, it is important to note that the wallet address for Crypto.org chain and Cronos chain is different. You can tell the difference by looking at the start of the address.

* Crypto.org chain’s address will start with “cro” followed by string of alphanumeric numbers.
* Cronos chain’s address will start with “0x…” followed by string of alphanumeric numbers.

![](/files/ah3emOaCIPv9NuRRHedP)

The Cronos Bridge allows you to bridge your CRO tokens from the Crypto.org chain to the Cronos chain.

**Example scenario 1:**

If you have some CRO tokens on your Keplr wallet, you will need to send it to either your Metamask or Crypto.com DeFi wallet via the Cronos Bridge. This is so that you can use these wallets to connect to CronaSwap via the Cronos Chain.

![](/files/lnJbIqlHESSgfvE0yzji)

**Example scenario 2:**

If you would like to bridge your CRO tokens from the Crypto.org chain to Cronos chain on your Crypto.com DeFi wallet, you can do it via the Cronos Bridge web app.

![](/files/6j8B271Hj0DpJOPGBp5J)

**Step-by-step guide**

Step 1: Go to <https://cronos.crypto.org/bridge/> and click on “Connect Wallet”.

![](/files/1oMLnFF3BrfXKEcBYqSh)

Step 2: Select any of the non-custodial wallet you wish to connect. In this guide, we will go through the Crypto.com DeFi wallet option.

![](/files/3ABazczwemOZhyt3UC1Z)

Step 3: In the “To” field, select Crypto.org. In the “From” field, select Cronos. In the “Assets” field, select CRO.

![](/files/aU5KQYzN5ehfWztJvlpH)

Step 4: Enter the number of tokens you wish to bridge. And then enter in your Cronos chain address from your Crypto.com DeFi wallet. Tap on “Transfer Assets” once done.

{% hint style="info" %}
Tip – always send a small test amount when trying a new process the first time.
{% endhint %}

![](/files/mJ1Mg2PLXvFW5pLlPM2u)

Step 5: Once you arrive on the confirmation page , click on “Confirm”.

![](/files/TJNCfiSqW1gNWqVoAEP2)

Step 6: Confirm the transaction on your DeFi wallet (mobile app). Your request will then be submitted, and it will take about 1 minute for the bridging process to complete.

![](/files/jmu6O25kA4hVPJrTttkT)

Step 7: That’s it! You have successfully bridged your tokens.

Step 8: You can then head to <https://app.cronaswap.org/> and connect your Crypto.com DeFi wallet and start using any of the feature on the platform!

![](/files/RqRfazdJesLXbD4ZFYBF)


# Connect with CronaSwap on Crypto.com DeFi Wallet

Need to perform transactions on CronaSwap while on the go?

Now you can connect with CronaSwap via the in-app browser on the Crypto.com DeFi Wallet mobile app. The in-app browser allows you to interact with any DApps on Cronos Chain. Simply enter the URL to connect to the DApp, and you can also bookmark them for easy access.

Please follow the user guide below on how to connect with CronaSwap!

### **Step 1:** Open your Crypto.com Defi Wallet mobile app

<div align="left"><img src="/files/R6AIL65aOrxfvNiXxsZS" alt=""></div>

### Step 2: Tap on the search bar on the Dapps page

![](/files/QJJKiBm9wabRhLxhsHMh)

### Step 3: Enter this URL [https://app.cronaswap.org](https://app.cronaswap.org/)

![](/files/YpgDKrWJh8v8KeJPEK1f)

### Step 4: Click on the bookmark icon at the bottom to bookmark CronaSwap’s page on your app for easy access

![](/files/0GQf7B2c7eZmS7GfASdx)

### Step 5: That’s it! CronaSwap will now appear under “Favorites” in your app. You can perform transactions easily on your mobile now.

![](/files/qW07Jfxh7nLINPUnzw0F)


# Careers

Product Lead


# Product Lead

### General Information

* Salary range: Competitive, negotiable
* Position: Full-time
* Location: Remote
* Time-zone preference: Asia, Oceania, Europe&#x20;

### Your responsibilities

* Propose new products and features, prepare PRD and work closely with engineers to deliver products under tight deadlines&#x20;
* Own the whole life cycle of the product and work with Ops, Marketing and BD to ensure the success of every new product launched&#x20;
* Research and stay ahead of new trends, and turn insights into actions&#x20;
* Monitor product performance data and adjust strategies and product directions timely

### Requirements&#x20;

* 5+ years of product management experience
* 2+ years of crypto/defi experience&#x20;
* Experience leading a team of product and UX designers&#x20;
* Ability to work in a high paced environment with tight deadlines
* Ability to find a balance between quality and execution speed, and between long term and short team goals
* Strong communication and articulation skills; experience in working in a cross cultural work environment
* Hands on, results driven, open minded and low ego&#x20;

### How to apply

Shoot your CV to us at <mark style="color:blue;"><chef@cronaswap.org></mark>


# UI/UX Designer

We're looking for a designer with both UX and UI experience to contribute to the design of CronaSwap.

### General Information

* Salary range: Competitive, open to negotiation
* Position: Full-time
* Location: Remote
* Time-zone preference: Any

### Responsibilities

* Conceptualizing, wireframing and user testing of new and existing features
* Designing UI components and full interfaces for new and existing features
* Contributing to CronaSwap's design system, including documentation of components and interactions
* Collaborating with developers to ensure accurate implementation

### Requirements

* Thorough understanding of how CronaSwap core features (Exchange, Farm, etc.) work
* 3+ years' professional design experience
* Experience working with (creating, maintaining, or using) design systems
* Be able to work autonomously
* Portfolio demonstrating your direct contributions to multiple projects
* Passion for gamification in app design

### How to apply

* Shoot your CV to us at <mark style="color:blue;"><chef@cronaswap.org></mark>


# Frontend Engineer

### General Information

* Salary range: $100k-140k
* Position: Full-time
* Location: Remote
* Time-zone preference: Any

### Your Responsibilities

* Design, scope, and estimate complex frontend products/upgrades
* Envision and develop features to help grow CronaSwap
* Enthusiastically collaborate with a small team to plan projects at the task level
* Collaborate with cross-functional partners on all aspects of product development
* Identify and advocate for team-wide areas of improvement and best practices

### Skills & Qualifications

* 3-5 years of experience in building responsive/adaptive web applications with JavaScript/Typescript.
* Solid experience in React JS
* Ability to write structured and clean code
* Experience with Javascript testing tools
* Experience with modern front-end build pipelines and tools
* Experience with defining and delivering scalable frontend architectures
* Some experience with GraphQL
* Experience working with Web3 and a decentralized application frontend
* Ability to work independently and innovate

### Good to have

* Understanding of Solidity

### How to apply

* Shoot your CV to us at <mark style="color:blue;"><chef@cronaswap.org></mark>


# Business Development Manager

### General Information

* Salary range: Competitive, negotiable
* Position: Full-time
* Location: Remote
* Time-zone preference: Any

### Your Responsibilities

* Coordinate with partners to ensure a healthy Farm/xCrona Pool and IFO pipeline
* Review and conduct due diligence on projects that apply for Farm/xCrona Pools and IFOs
* Liaise with project teams to explore potential partnership opportunities
* Execute operational matters relating to CronaSwap products
* Implement best practices between the business development team & the wider team
* Review the latest developments in the crypto space and explore new business lines

### Skills & Qualifications

* 2+ years’ experience in a business development and/or corporate finance role
* Solid understanding of the cryptocurrency space, especially DeFi
* Ability to speak, read and write in English fluently
* Articulate and able to hold effective conversations with project teams
* Proactive in keeping up to date with the latest trends in the blockchain/crypto space
* Strong attention to detail when analyzing projects
* Ability to work independently and innovate
* Can handle high pressure and a fast-paced work environment

### Good to have

* Fluent in a second language
* Bachelor's degree in Finance, Accounting or other related areas
* Experience with smart contracts and Solidity

### How to apply

* Shoot your CV to us at <mark style="color:blue;"><chef@cronaswap.org></mark>


# Social Media Marketing Manager

### General Information

* Salary range: Competitive, negotiable
* Position: Full-time
* Location: Remote
* Time-zone preference: Any

### Your Responsibilities

* Elevate CronaSwap's brand and presence through social media
* Work with community managers to develop campaigns and community competitions
* Reach quickly to respond to users and followers across all platforms
* Utilize sentiment analysis, engagement, and other metrics to develop social strategy and marketing plans
* Collaborate closely with our extensive team of community managers and community admins to nurture CronaSwap's amazing global community

### Requirements

* 3+ years active experience in social media marketing
* Experience working with graphic design software and creative teams to create engaging social posts and other materials
* Excellent written English. Other language ability very welcome.
* Demonstrable hands on experience in content management.
* Be crypto native. Know your way around DeFi, NFTs
* Ideally already a CronaSwap user. Experience with yield farming, lending protocols etc. a must.

### How to apply

* Shoot your CV to us at <mark style="color:blue;"><chef@cronaswap.org></mark>


# Bug Bounty

The CronaSwap bug bounty program is focused on our smart contracts, websites, and apps with a primary interest in the prevention of loss of user funds, either by direct draining of locked funds or social engineering attacks by redirecting users or forcing them to sign a transaction.

**Smart Contracts and Blockchain**

| Level    | Payout |
| -------- | ------ |
| Critical | USD $  |
| High     | USD $  |
| Medium   | USD $  |
| Low      | USD $  |

**Website and Apps**

| Level      | Payout |
| ---------- | ------ |
| Critical\* | USD $  |
| High       | USD $  |
| Medium     | USD $  |

\*XSS reports are restricted to those that have an impact of prompting a user to sign a transaction or a redirect.

**Important details to note**

All smart contract/web/app bug reports must include a PoC (Proof of Concept) demonstrating how the vulnerability can be exploited to be eligible for a reward.&#x20;

Payouts are handled by the **CronaSwap** team directly and are denominated in USD. However, payouts are done in either **CRONA** or **USDC.**


# Litepaper

{% file src="/files/ZpJFMbpmQIPWJV5sjXTU" %}


# Brand Assets

{% file src="/files/4HNs1VxMW0vSLGtmqHvR" %}


# Usage Disclaimer

Persons located in or residents of the following list or any other jurisdiction in which it is prohibited from using any of the services offered on the CronaSwap website, including IFO, (the ”Prohibited Jurisdictions”) are not permitted to make use of these services. \
\
Prohibited Jurisdictions:

Afghanistan\
Burma (Myanmar)\
Burundi \
Central African Republic \
China, People's Republic \
Congo, Dem. Rep. \
Crimea Region \
Cuba \
Eritrea \
Guinea-Bissau \
Guinea, Republic of \
Iran \
Iraq \
Korea, North \
Lebanon \
Libya \
Mali \
Somalia \
South Sudan \
Sudan \
Syria \
Venezuela \
Yemen \
Zimbabwe


# Risk Disclosure

The CronaSwap protocol (“**Protocol**”) is a set of smart contracts made on a voluntary, “as-is” and “as available” basis. It is not a service of any kind and you should not rely on CronaSwap to assist you to evaluate the Protocol, assess its fitness for any purpose or comply with any requirements. You assume all risks arising from interactions with the Protocol including without limitation all applicable legal and regulatory risks in connection with the use and interaction with the Protocol, including with respect to any transactions. Nothing stated relating to the Protocol is a prospectus nor a solicitation for investment and does not pertain in any way to an offering of securities in any jurisdiction. Nothing stated related to the Protocol constitutes a recommendation or advice of any kind. CronaSwap is not liable for any claim, damages or other liability, whether in contract, tort or under any other theory of liability, arising from, out of or in connection with the Protocol.

There are several risks when using the Protocol. These risks include inherent risks associated with the use of a virtual platform, the decentralized nature of the Protocol, and participating in virtual asset transactions. Risks include, without limitation:

* Partial or total loss of virtual assets, including any value attributed to virtual assets;
* Collapse in liquidity with respect to virtual assets;
* Changes in compatibility of a virtual asset with the Protocol;
* Changes in the smart contracts;
* Regulatory uncertainty and government action against virtual assets and persons involved in virtual asset activities;
* Extreme volatility with respect to transaction parameters and value attributed to virtual assets;
* Possibility of market misconduct by participants including for example market manipulation, trading on the basis of non-public information, and front running;
* Delays in or complete failure of virtual asset transactions being confirmed;
* Counterparty risk;
* Faults, defects, hacks, exploits, errors or unforeseen circumstances occurring in respect of the platform or the technologies that the Protocol depends on;
* Loss of private keys; and
* Attacks on the Protocol or the failure of the technologies that the Platform depends on including for example distributed denial of service, sybil attacks, phishing, social engineering, hacking, smurfing, malware, double spending, majority-mining, consensus-based or other mining attacks, misinformation campaigns, forks, and spoofing.

This list of potential risks is not exhaustive and is not intended to capture the extent of all possible risks. In the event of any of the above occurring, you may lose your virtual assets entirely. Participants should consider all of the above and assess the nature of, and their own appetite for relevant risks independently and consult their own professional advisers before making any decisions to participate in the Protocol. Participants should use the Protocl at their own risk.&#x20;


# Introduction

Dịch bởi Milk Trudge

![](/files/EXcSpGnPju5fmDrq2aun)

CronaSwap là một sàn giao dịch phi tập trung (DEX) chạy trên nền tảng Cronos, sử dụng mô hình AMM tương tự như Uniswap, với native token là CRONA. CronaSwap còn có mức phí giao dịch trên nền tảng thấp nhất là 0,25%

Xem bài phân tích tổng quan của CronaSwap [tại đây](https://blogtienao.com/cronaswap-crona-coin/)

{% hint style="info" %}
Mục đích ra đời của CronaSwap hướng tới trở thành một chuẩn mực cho các nền tảng DEX. Chúng tôi muốn trở thành nền tảng DEX hàng đầu trên thị trường trong việc swap các tokens.
{% endhint %}

Chúng tôi cam kết mang lại giá trị đích thực, sự công bằng và đổi mới cho nền tài chính phi tập trung thông qua các sản phẩm và dịch vụ chất lượng cao của chúng tôi. CronaSwap nhanh chóng, an toàn và bất kỳ ai cũng có thể swap và earn các token .

**Hãy theo dõi các kênh truyền thông chính thức của chúng tôi:**

Telegram : <https://t.me/cronaswap>\
Twitter: <https://twitter.com/cronaswap>\
Medium: <https://cronaswap.medium.com/>\
Telegram Channel: <https://t.me/cronaswap_channel>

Discord: <https://discord.com/invite/YXxega5vJG>&#x20;

<br>


# Roadmap

Đây là Roadmap và Danh sách những việc cần làm trong năm 2021

Xin lưu ý rằng Roadmap không hoàn toàn bám sát chặt chẽ thời gian đề cập, quá trình cập nhập sẽ được tuân theo một cách linh hoạt. Chúng tôi sẽ cung cấp những phát triển này nhanh nhất có thể.

**Danh sách VIỆC CẦN LÀM này sẽ theo dõi tiến trình của các phát triển đã thực hiện.**

### **Giai đoạn 1: Ra mắt phiên bản Cassini testnet**&#x20;

Khi bước vào giai đoạn thứ hai của thử nghiệm Cronos (Cassini), chúng tôi triển khai lại cho Cassini cho các nhiệm vụ thử nghiệm liên quan.

* [x] Triển khai smart contract trên network của Cassini .
* [x] Công bố  DEX app trên network của Cassin and ra  mắt bản test.
* [ ] UI/UX Revamp (Đang tiến hành).
* [ ] Bắt đầu kế hoạch airdrop cho người dùng tham gia testnet trong giai đoạn đầu và đưa ra các quy tắc của airdrop.
* [x] Thiết lập Marketing plan và kêu gọi vốn cho **vòng Private.**

### Giai đoạn 2: Cronos mainnet Launched

Khi Cronos mainnet thành công, chúng tôi bắt đầu thực hiện các nhiệm vụ sau.

* [ ] Triển khai lại smart contract mới trên Cronos mainnet.
* [ ] Xây dựng lại tất cả các chương trình front interface và thay đổi thành mainnet.
* [ ] Ra mắt một số sản phẩm (Swap, Liquidity) trên mainnet.
* [ ] Bắt đầu Farms staking cho nhà cung cấp thanh khoản(Liquidity provider) sau 3 ngày khi sản phẩm chính ra mắt.
* [ ] Khi chúng tôi khởi chạy dapp, chúng tôi bắt đầu các hoạt động pre-sale và bán token.
* [ ] Bắt đầu các hoạt động airdrop đầu tiên sau 2 tuần khi dapp ra mắt.
* [ ] Xây dựng CronaSwap Analytics.
* [ ] Xây dựng Lottery game.
* [ ] Tích hợp NFT.
* [ ] Limit orders cho swap.

### Giai đoạn 3: Marketing & Promote, và các kế hoạch khác.

* [ ] Thiết kế landing page của CronaSwap.
* [ ] List trên CMC & CoinGecko.
* [ ] Mở rộng Markering (media & bloggers).
* [ ] Kiểm toán bảo mật hợp đồng.
* [ ] Community governance.


# Contracts

| Contract Name          | Address | Updated |
| ---------------------- | ------- | ------- |
| Timelock               |         |         |
| CronaToken             |         |         |
| CronaVault             |         |         |
| MasterChef             |         |         |
| CronaSwapRouter        |         |         |
| CronaSwapFactory       |         |         |
| SmartChefInitializable |         |         |

#### Danh sách trên là các hợp đồng chính của chúng tôi. Khám phá thêm nhiều hợp đồng hơn tại đâ&#x79;*:* [*https://github.com/cronaswap*](https://github.com/cronaswap/cronaswap-protocol)


# Airdrop

### Tại sao chúng tôi airdrop?&#x20;

Mục đích của airdrop là cung cấp phần thưởng cho những người tham gia sớm vào thử nghiệm dự án, cho phép nhiều người dùng hơn tham gia thử nghiệm và sử dụng sản phẩm của chúng tôi.

#### Vòng 1: Kế hoạch Early Bird - Quy tắc Airdrop

1. Tham gia vào tất cả các  chức năng của CronaSwap testnet: swap, add/remove liquidity, staking,....
2. Tham gia vào tất cả các chức năng của CronaSwap mainnet: swap, add/remove liquidity, staking,....
3. Theo dõi Twitter và tham gia nhóm và kênh telegram.
4. Đăng lại các tweet URL. Các tweet có giá trị cho đến ngày bắt đầu airdrop và phải luôn có giá trị.
5. Gửi địa chỉ tweet được chuyển tiếp và thông tin liên quan đến google formđể chúng tôi có thể xác minh.

{% hint style="warning" %}
Người dùng cần hoàn thành tất cả các quy tắc trên sẽ nhận được airdrop.
{% endhint %}

**Thời gian ra mắt Airdrop:**

1. 10 ngày sau khi CronaSwap ra mắt, whitelist và số lượng airdrop tuân thủ các quy tắc về airdrop sẽ được công bố.
2. 14 ngày sau khi CronaSwap ra mắt, nó bắt đầu thực hiện nhiệm vụ airdrop của những người dùng tham gia trong vòng thử nghiệm / mainnet.

Vòng 2: Airdrop cộng đồng - Quy tắc Airdrop

<mark style="color:purple;">TBD ： Do cộng đồng quyết định bình chọn, chẳng hạn như người dùng nắm giữ CRO, người dùng CURVE, người dùng Pancakeswap,......</mark>


# Audit

Dự án của chúng tôi là bản fork từ PancakeSwap.&#x20;

Chúng tôi chưa thực hiện bất kỳ thay đổi lớn nào đối với chương trình, chỉ chỉnh sửa nhỏ một số thông số.

Chúng tôi sẽ tiến hành kiểm toán sau khi phát triển smart contract mới.


# CRONA Tokenomics

CRONA là token cung cấp năng lượng cho hệ sinh thái AMM + DEX của chúng tôi.

Kiếm CRONA từ Farms và Launched Pools , hoặc kiếm được khi trúng xổ số trong phần Lottery hoặc mua nó trên sàn giao dịch. Use cases của CRONA token:

* Stake Crona trong các Launched Pools để kiếm được các tokens miễn phí.
* Sử dụng nó trong các Yield Farms để kiếm thêm CRONA.
* Mua vé số trong xổ số CronaSwap Lottery..
* Bỏ phiếu cho các đề xuất liên quan đến hệ sinh thái CronaSwap.

### Token Detail

| **Token Symbol**           | CRONA                                      |
| -------------------------- | ------------------------------------------ |
| **Tổng cung**              | 300 000 000                                |
| **Cung lưu thông ban đầu** | 49,950,000 CRONAs                          |
| **Market cap ban đầu**     | $7,992,000 **(Gía Public  $0.16)**         |
| **Burn**                   | Có (\* Cơ chế giảm phát)                   |
| **Emission**               | \~1.90 per second (\~ 164383.5 CRONAs/day) |

{% hint style="info" %}
Trong số 49.950.000 tokens này, 3.000.000 tokens CRONA sẽ được sử dụng để đảm bảo tính thanh khoản ban đầu(initial liquidity). Điều này được thực hiện để đảm bảo người dùng của chúng tôi có thể trao đổi và trải nghiệm tất cả các tính năng của nền tảng ngay từ đầu.
{% endhint %}

### Initial supply allocation

![Token Distribution](/files/cfOf8loaD0JGj5H7L313)

Số lượng mint ban đầu sẽ là 16.65% của Tổng Cung Tối Đa và sẽ được chia nhỏ như sau:

| Allocation Category    | % of Max Supply | Number of Tokens |
| ---------------------- | --------------- | ---------------- |
| Initial Liquidity      | 1.00%           | 3,000,000        |
| Seed Sale              | 1.20%           | 3,600,000        |
| Private Sale           | 3.45%           | 10,350,000       |
| Public Sale            | 1.00%           | 3,000,000        |
| Advisors               | 3.00%           | 9,000,000        |
| Community Airdrops     | 1.00%           | 3,000,000        |
| Locked Developer Funds | 6.00%           | 18,000,000       |

> <mark style="color:red;">Nếu bạn muốn biết thêm về thông tin Private Sale, hãy gửi tin nhắn trực tiếp cho chúng tôi</mark>*<mark style="color:red;">:</mark>* [*<mark style="color:red;">https://t.me/CronaChef</mark>*](https://t.me/CronaChef)

### TimeLock Schedule

* Initial liquidity được cung cấp ở mức $ 0,16, seed: 800 nghìn đô la (400 nghìn CRO, 400 nghìn CRONA) và thời gian khóa - 365 ngày.
* Quỹ phát triển được khóa vào hợp đồng của Dev TimeLock và có thời gian vesting là 365 ngày.
* Các nhà đầu tư tham gia từ sớm sẽ có 1 năm linear lock up (mở khóa trên cơ sở mỗi giây), Được khóa vào các hợp đồng VC TimeLock.

### Phần còn lại của Supply for Emission

Sau đợt mint đầu tiên, 83.35% nguồn cung còn lại sẽ được mint, theo lịch Emissions .

* Trong năm đầu tiên, sẽ có tổng cộng 60 triệu token được phát hành.
* Sau 365 ngày, con số này sẽ bị cắt giảm 1/5 và do đó sẽ có tổng cộng 48 triệu token được phát hành trong Năm 2.
* Trong Năm 3, sẽ có tổng cộng 38,4 triệu token được phát hành. Và như thế, sẽ cho phép CRONA đạt được tiệm cận 83.35% của 300 triệu.&#x20;
* Khi tổng nguồn cung đạt 300 triệu, emissions sẽ chấm dứt.

Lịch emission có thể được sửa đổi thông qua một cuộc bỏ phiếu quản trị phi tập trung hàng năm.

| Allocation Category   | % of Max Supply Allocated | Number of Tokens |
| --------------------- | ------------------------- | ---------------- |
| LP Farm / Launch Pool | 75.68%                    | \~227,000,000    |
| Community treasury    | 7.67%                     | \~23,010,000     |

* Các quỹ community treasury sẽ được kiểm soát bởi một <mark style="color:blue;">**Multi-signature DAO**</mark>.
* &#x20;Theo mô hình SushiSwap cổ điển, 7,67% tổng lượng emissions được dành cho community treasury để tài trợ cho việc phát triển và mở rộng CronaSwap trong tương lai. Treasury sẽ do cộng đồng quản lý sau khi <mark style="color:red;">**CronaDAO**</mark> được thành lập.
* Sau khi <mark style="color:red;">**CronaDAO**</mark> được thành lập, lịch emission, tổng nguồn cung và protocol utility của token CRONA có thể được sửa đổi thông qua một cuộc bỏ phiếu quản trị phi tập trung.

### Cơ chế giảm phát

Tất cả cơ chế giảm phát có thể được kiểm soát thông qua bỏ phiếu quản trị phi tập trung.

* **0.05%** của mọi giao dịch được thực hiện trên CronaSwa&#x70;**.**
* **20%** từ tất cả các vé số đã mua, và được sử dụng để burn token.
* **2%** của mọi **Yield Harvest** trong **Auto Compound Pool**.
* ***Các sản phẩm khác sẽ được tung ra thị trường trong tương lai đều có thể xem xét cơ chế giảm phát***


# CRONA Token Burning

### **Token Burning là gì?**

Token burning là quá trình loại bỏ vĩnh viễn coin khỏi lưu thông, do đó làm giảm tổng cung. Token burning thường được thực hiện bởi nhóm phát triển đằng sau một tài sản tiền điện tử cụ thể. Nó có thể được thực hiện theo một số cách, phổ biến nhất là gửi tiền đến một cái gọi là “eater address” hoặc “dead address”. Số dư hiện tại của nó được hiển thị công khai trên blockchain, nhưng không ai có thể truy cập vào nội dung của nó.

### Tại sao Token Burning lại quan trọng đến thế ?

Có một số lợi ích của việc burn token như sau:

**Tăng giá trị của token**

Đây có lẽ là lợi ích nổi tiếng nhất của việc burn token . Burn token làm giảm lưu thông tổng thể của nó, do đó nguồn cung tổng thể giảm. Nó có thể dẫn đến việc tăng giá trị của token. Việc burn token liên tục giúp giữ giá trị ổn định.

**Giá trị ổn định của token**

Việc burn token liên tục giúp giữ giá trị ổn định của nó và nó cũng đặt cược cho việc tăng giá trong thời gian dài. Việc burn token có khả năng làm cho token của chủ sở hữu có giá trị hơn so với trước khi burn.

### Cơ chế burning của  CronaSwap hoạt động như thế nào?

Việc burn token trong thực tại có thể liên quan đến việc các nhà phát triển của dự án mua lại token từ thị trường hoặc burn các phần của nguồn cung đã có sẵn cho họ. Ở đây, tại CronaSwap, có hai cơ chế giảm phát được áp dụng.

1. Tất cả phần thưởng từ các tài khoản không có liên kết giới thiệu đều được sử dụng cho việc burn token CRONA
2. 0,05% phí giao dịch được sử dụng để mua lại token CRONA từ thị trường và burn chúng.
3. Phí hiệu suất của CRONA Auto Compound được sử dụng để burn token.
4. 20% từ tất cả các vé lottery đã mua, và được sử dụng để burn token..

## &#x20; Lịch Burn Token CRONA  (Xấp xỉ)

{% tabs %}
{% tab title="Oct 26, 2021" %}
*TBD*
{% endtab %}
{% endtabs %}


# Tại sao phải quan tâm đến chỉ số CRONA trên mỗi giây?

Một khác biệt nho nhỏ về CronaSwap liên quan đến các "Farm" mà một số bạn có thể nhận thấy là chúng tôi tính toán emissions dựa trên CRONA mỗi giây, thay vì theo khối như các "Farm" trên Binance Smart Chain và Ethereum. Trên Cronos, thời gian khối tỷ lệ thuận với hoạt động giao dịch trên khối. Do đó, thời gian khối có thể thay đổi từ thấp nhất là 4,9 giây đến cao nhất là 5,9 giây trở lại.

Cập nhật trực tiếp về Cronos Block Times có thể được xem tại đây: <https://cronos.crypto.org/cassini/explorer>

![Cronos block chart](/files/e43NBNG7nwkI0DByrIyq)

Điều này có ý nghĩa gì đối với CronaSwap? Tuy nó liên quan đến "Farm" không nhiều nhưng bạn vẫn sẽ kiếm được phần thưởng giống như các 'Farm" trên các chuỗi khác và liên tục như vậy, nếu không muốn nói là nhiều hơn thế. Tuy nhiên, liên quan đến SWAP, đây là nơi Cronos tỏa sáng. Khi các giao dịch tăng lên trên Cronos Blockchain (Hy vọng với sự trợ giúp từ chúng tôi!), Thời gian khối sẽ giảm xuống, điều này có nghĩa là xác nhận giao dịch nhanh hơn. Giao dịch nhanh hơn có nghĩa là cơ hội chênh lệch giá tốt hơn, ít trượt giá hơn, ít hoặc không có tình trạng "[FRONTRUNNING](https://vietnambiz.vn/chay-truoc-front-running-trong-chung-khoan-la-gi-cach-hoat-dong-cua-front-running-20200212181143157.htm)", trải nghiệm người dùng tốt hơn và tiềm năng cho các ứng dụng giao dịch nâng cao hơn.

Thông tin thêm về Cronos có thể được tìm thấy tại đây: <https://cronos.crypto.org/cassini>

Để xem thời gian của Binance Smart Chain block là \~ 3 giây, hãy truy cập vào đây: <https://bscscan.com/chart/blocktime>

Để xem thời gian của Ethereum Chain block là \~ 13 giây, hãy truy cập vào đây: <https://etherscan.io/chart/blocktime>


# Exchange

### Swapping/Trading

CronaSwap cho phép người dùng giao dịch mà không cần thông qua các sàn giao dịch tập trung(Binance,okex,..). Mọi thứ bạn làm trên CronaSwap đều được chuyển trực tiếp qua ví của chính bạn — không cần tin tưởng người khác giữ tiền của bạn.

Khi người dùng thực hiện swap token trên sàn giao dịch thì mức phí giao dịch 0,25% sẽ được chia nhỏ theo cách sau:

{% hint style="info" %}
:lollipop: **0.17%** được trả lại cho các nhà cung cấp thanh khoản( liquidity providers) dưới dạng phần thưởng phí.\
:fire: **0.03%** được chuyển đến Treasury.

:fire: **0.05%** cho việc burn token CRONA .
{% endhint %}

### Liquidity Pools

Khi người dùng add liquidity vào pool, họ sẽ nhận được các LP tokens. Khi ai đó thực hiện swap token và phải trả 0.25% phí giao dịch . 0,17% trong 0.25% phí sẽ được trả lại cho các nhà cung cấp thanh khoản( liquidity provider) dưới dạng phần thưởng phí.

&#x20;Liquidity pool cũng sẽ cho phép người stake LP token của mình để nhận CRONA token trong “Farm”. Do đó, ngoài việc kiếm thu nhập từ các giao dịch swap token, người dùng sẽ có thể stake LP token và kiếm được token CRONA.&#x20;

> Ví dụ: nếu bạn thêm thanh khoản vào CRO / CRONA, bạn sẽ nhận được token CRO-CRONA LP. Số lượng LP token mà bạn nhận được đại diện cho cổ phần của bạn trong CRO-CRONA liquidity pool. Bạn luôn có thể yêu cầu rút tiền của mình bằng cách gỡ bỏ thanh khoản của bạn.

Bạn chỉ có thể swap các token trên CronaSwap nếu có đủ thanh khoản cho các token đó. Nếu không ai bổ sung nhiều tính thanh khoản cho token hoặc các token bạn muốn hoán đổi, thì quá trình swap sẽ rất khó, tốn kém hoặc không thể thực hiện được.

Cung cấp tính thanh khoản không chỉ giúp bạn nhận được LP token, mà còn giúp bạn kiếm được phần thưởng từ các phí giao dịch. Điều này đảm bảo rằng sàn giao dịch luôn có thanh khoản để sử dụng.


# Yield Farming

CronaSwap Farms cung cấp nhiều cơ hội farming cho người dùng của . Người dùng có thể stake các LP token của mình và đổi lại kiếm được token CRONA . Chúng tôi sẽ khuyến khích nhiều cặp thanh khoản bằng cách cung cấp cho các Nhà cung cấp thanh khoản(Liquidity Providers) cơ hội stake các LP token của họ vào Farm của chúng tôi.

{% hint style="success" %}
Khi một người add liquidity vào pool, người đó sẽ nhận được LP tokens. Ví dụ: nếu một ngườ add liquidity cặp $ CRO / $ USDC, người đó sẽ nhận được CRO-USDC LP token. Ngoài phần thưởng phí giao dịch, người dùng có thể đến “Farm”, và stake các LP token này, kiếm được các token CRONA.
{% endhint %}


# Launch Pools

CronaSwap Launch pool là một giải pháp thay thế ít tốn tài nguyên hơn cho việc mining. Nó cho phép bạn sử dụng các token của mình để kiếm thêm các token khác 1 cách miễn phí. Nói một cách khác, người dùng sẽ khóa tiền điện tử của mình để nhận phần thưởng. Ngay từ đầu, người dùng chỉ có thể stake CRONA để đổi lấy nhiều CRONA hơn. CronaSwap đang có kế hoạch thêm nhiều token hơn trong tương lai nhưng hiện tại, bạn chỉ có thể stake CRONA để đổi lấy CRONA.&#x20;

{% hint style="success" %}
Giả sử bạn có token CRONA và bạn đang tìm cách đầu tư tiền điện tử của mình. Như một tùy chọn, bạn sẽ có thể truy cập cácLaunch pools của chúng tôi và stake token CRONA của bạn để lấy thêm CRONA.
{% endhint %}


# Lottery

Sẽ có trong tương lai

CronaSwap Lottery là một trò chơi may rủi trong đó những người chiến thắng được chọn ngẫu nhiên. Xổ số của chúng tôi cho phép mọi người dùng đã mua ít nhất một vé số đều có thể nhận được giải thưởng CRONA khổng lồ.

## Specifics&#x20;

* **Token xổ số hợp lệ:** CRONA
* **Chi phí của 1 vé Lottery :** $2 trong CRONA
* **Giới hạn mức mua của người dùng:** chỉ có thể mua 500 vé trong một lần
* **Số lượng vé tối đa được mua tại một thời điểm:** không giới hạn
* **Khoảng thời gian:** 12 tiếng cho 1 vòng chơi&#x20;
* Một vé số cung cấp cho người dùng một kết hợp 6 chữ số ngẫu nhiên với mỗi chữ số nằm trong khoảng từ 0-9.

## Gía vé của Lottery  &  Chiết khấu khi mua sỉ&#x20;

Giá vé Lottery được thiết lập từ đầu của vòng chơi và mục tiêu là $ 2. Tuy nhiên, số tiền này có thể thay đổi khi có biến động giá đột ngột. Nền tảng của chúng tôi cho phép người dùng tiết kiệm chi phí bằng cách mua nhiều vé cùng một lúc.

## Tiêu chuẩn để thắng

Các chữ số trên vé của bạn phải khớp theo đúng thứ tự để giành chiến thắng. Hãy xem xét một ví dụ về một cuộc rút thăm xổ số với hai vé khác nhau, A và B.

* Vé A: 3 số đầu và 2 số cuối trùng nhau, nhưng sai chữ số 4. Có nghĩa là chiếc vé này chỉ giành được một giải thưởng "Match first 3"
* Vé B: Mặc dù 5 chữ số cuối trùng khớp nhưng chữ số đầu tiên sai nghĩa là trúng gió hay còn gọi là CHÚC BẠN MAY MẮN LẦN SAU!!


# Litepaper

{% file src="/files/UMGMEAT9KMspko8gnkAX" %}


