• Kronos DAO

  • Kronos DAO, the first reserve currency on Klaytn

Kronos DAO is the first decentralized reserve currency protocol available on the Klaytn chain based on the KRNO token. Each KRNO token is backed by a basket of assets (e.g., KDAI, KRNO-KDAI LP Tokens, and etc.) in the Kronos DAO treasury, giving it an intrinsic value that it cannot fall below. Kronos DAO also introduces economic and game-theoretic dynamics into the market through staking and minting.

Status: Live

Author

Anonymous team

Software license

Unknown license

Last updated: Nov 30th, 2021
Submitted: Nov 30th, 2021
  • Mainnet contract (Klaytn)

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