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Kronos
Kronos
LIVECRYPTO
Kronos
Kronos
LIVECRYPTO
Project Description
#YIELD #LIQUID_STAKING
Kronos DAO is the first decentralized reserve currency protocol available on the Klaytn chain based on the KRNO token. A decentralized reserve currency protocol, also known as Defi2.0, operates through protocol-owned liquidity.
Each KRNO token is backed by a basket of assets (e.g., KDAI, KRNO-KDAI LP Tokens, etc.) in the Kronos DAO treasury, giving it an intrinsic value that it cannot fall below.
You can participate in Kronos DAO by staking or minting. Based on economic and game-theoretic dynamics, the two strategies create a positive-sum environment in the market.
※ What is a Reserve Currency? Also called the key currency in real economy, it is a currency held by central banks or major financial institutions for international transactions.
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