What Is Crodex (CRO)?
Team Crodex has been working behind the scenes in our upcoming CRX Metaverse Hub 2.0, that will bring even deeper integration between CRXILLION NFTs and DeFi applications. CRODEX Exchange is working to be the best trading platform for all upcoming projects that are being developed to take advantage of Cronos’ blazing fast speed. The extensive roadmap is a testament to our compromise to give both Cronos traders and developers a state-of-the-art Decentralized Exchange; with exclusive trading tools, standards-compliant and well-documented Routers and Factories, low fees, and more.
Crodex Coin works with the same automated market-making (AMM) model as Uniswap which is a game changing tech. Automated market makers allow digital assets to be traded without permission and automatically by using liquidity pools instead of a traditional market of buyers and sellers. Team CRODEX has been working behind the scenes in upcoming CRX Metaverse Hub 2.0, that will bring even deeper integration between CRXILLION NFTs and DeFi applications.
Crodex Storage Key Points
|Circulating Supply||16,500,000.00 MHUB|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
What Is The CRONOS Network
CRONOS is Crypto.com’s EVM-Compatible network. Crypto.com is a payment and cryptocurrency platform that empowers users to buy, sell, and pay with crypto. It serves over 10 million customers, with the growing Crypto.com app, along with the Crypto.com Visa Card, a crypto card, the Crypto.com Exchange, and Crypto.com DeFi Wallet.
Cronos can process more transactions per minute than Ethereum, making it faster, cheaper, and greener to execute smart contracts. It also implements the Inter Blockchain Communications (IBC) protocol, which enables interoperability and bridging to the Crypto.org Chain, and other IBC-enabled chains, such as Cosmos Hub.
Cronos uses Proof of Authority (PoA) as network security mechanism, which is a more streamlined and scalable consensus mechanism while still maintaining security with a range of validators that many different parties run. Cronos is also Open Source and welcomes its community to review and provide suggestions to strengthen it.
The CRO Network
Proof-of-Authority is a more streamlined and scalable consensus protocol, while still maintaining security with a range of validators that many different parties run. In PoA-based networks, transactions and blocks are validated by approved accounts, known as validators.
CRO is used to pay for general network fees such as transaction fees to access and support network operations. Fees are significantly lower than other EVM-compatible chains, thanks to the PoA approach.
CRODEX enjoys the enviable position of being amongst Cronos’ first and most widely recognized Decentralized Exchanges (DEX). We already processed hundreds of daily transactions on Testnet, and have established ourselves as a platform enabling trading for more and more innovative projects at Cronos.
A gamified DeFi Experience, with Quests and Adventures: Novel, gamified staking pools! Send your Adventurers (CRXILLION NFTs initially, additional Adventures for other collections will be added later) on an Adventure or a Quest (a kind of mini-adventure) to bring you wealth and glory! How much yield you earn depends upon the rarity of your Adventurer, so keep your rarest CRXILLIONs safe! Stories of CRXILLIONs will be told in engaging episodes of adventures. Side quests for our NFT staking partners. $MHUB, the Metaverse Hub Token: This token will be paired with $CRX and will become the main rewards token at the Metaverse Hub.
Additionally, you will be able to spend it on features such as Artifacts and Raffles. This token will also incorporate transaction taxes to share revenue amongst its holders and auto-increase its liquidity. The first MHUB mini-game, the Metaverse Hub Raffle: Special events where you will be able to participate by depositing $MHUB for the opportunity to win a loot! Special collectible artifacts: You will be able to buy your artifacts using $MHUB. These artifacts give your Adventurers a power boost, helping them bring you larger yields from their adventures. A completely new UI Design: Fully flesh-out the Metaverse Hub story. This is a major step towards fulfilling our goal of becoming the best Metaverse-centric DeFi ecosystem.