πŸ”₯
Emission & Burn Mechanism

Emission Rate: Current CROX per block is 1.0 0.5 0.3 0.23

  • 1 CROX/block initially and reduces to 0.75 , 0.5, 0.25, 0.1 and so on later to control the emission rate.
  • 10% farmed tokens will be sent to CROX Reserve wallet (as mentioned in tokenomics)

Buyback and Burning

CROX is burnt periodically. Deposit fees is used to buyback and burn.
  • 4% deposit fee will be charged at staking.
  • 75% of the deposit fee will be allocated to buyback CROX and burnt.
  • 25% of the deposit fee will be allocated to ecosystem.
  • Buyback burning will happen periodically at every milestone. Milestones will be based on multiple criteria and will be announced on Croxswap official telegram/twitter channels
Check Burned transactions here​

​

Last modified 1mo ago
Copy link