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Chronos news
About Chronos
The exchange introduces a unique model that rewards early supporters and maximizes community engagement by launching a limited edition Non-Fungible Token (NFT) collection, The Lost Keys of Chronos. Which comprises 5,555 individual pieces, each offering holders access to stable, real-yield revenue streams. Sale proceeds from these chrNFTs will provide initial liquidity for CHR upon its launch on the Chronos platform. The Lost Keys of Chronos collection is at the forefront of NFTfi (NFT finance) with a diverse stream of revenues.
Chronos also introduces maturity-adjusted liquidity positions, maNFTs, which earn boosted CHR emissions over time. After 6 weeks, the rate at which these maNFTs increase their earning potential will level off and continue earning rewards at the boosted rate until the user chooses to withdraw their liquidity. Users can also sell their maNFTs on a secondary marketplace for a premium to the underlying assets. This means Chronos will be able to retain liquidity over time.
The Chronos flywheel is a powerful, self-sustaining cycle that drives the platform’s growth and enhances its liquidity. As the flywheel gains momentum, it becomes an unparalleled source of liquidity. Chronos has introduced the concept of maturity-adjusted LPs, which enables us to create “sticky” liquidity, ensuring that liquidity providers are adequately rewarded and incentivized to maintain their liquidity position during times of price volatility. The maturity-adjusted LPs mechanism revolutionizes the Chronos flywheel by ensuring that liquidity remains on the platform, allowing the counter-cyclical effect (price down = APY up) to take place and stabilize the CHR token price.
Chronos aims to become a genuinely community-owned liquidity layer on Arbitrum, and it will distribute platform ownership to the Arbitrum community via a fair-launch airdrop, ensuring maximal decentralization of ownership and participation in Chronos. The flywheel effect and sticky liquidity will create new earning opportunities for all of the system’s participants, benefitting protocols, liquidity providers, $veCHR voters, and the greater Arbitrum ecosystem.
The live Chronos price today is $0.003882 USD with a 24-hour trading volume of $1,610.48 USD. We update our CHR to USD price in real-time. Chronos is down 1.22% in the last 24 hours. The current CoinMarketCap ranking is #5149, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.
If you would like to know where to buy Chronos at the current rate, the top cryptocurrency exchanges for trading in Chronos stock are currently Phemex, and Chronos Exchange. You can find others listed on our crypto exchanges page.