Weekly Recap from Chrono.tech

Collaboration with MDAO, staking, and AMA session. Let’s review the events of the past week together.

Collaboration with MDAO.

MDAO is a token of the MarsDAO ecosystem that offers several privileges to its holders, including:

• The ability to earn rewards by staking tokens in partner projects.
• The opportunity to receive MDAO tokens by participating in a lottery.
• Income from staking level NFTs for users who joined the project early and hold level NFTs MDAO.
• Use of MDAO in farming and staking pools on exchanges.
• Use of MDAO token on the ecosystem’s own launchpad — MDAO Maker.

The MDAO token reached full emission (max supply) in January 2022 and is no longer being mined. However, it can be purchased on the market or obtained through MarsDAO ecosystem products, one of which is Auto.farm.

Market Capitalization: $32,950,759
24h Volume: $3,628,857
Total Tokens: 96,653,204

We recently launched a staking program between TIME and MDAO. According to the rules of this collaboration, when staking MDAO, you receive TIME, and vice versa when staking TIME, you receive MDAO.

For now, the staking lock-up period will last until March 15th, and the reward depends on the number of TIME tokens staked, according to the formula: ‘User tokens’ divided by ‘Total tokens staked’ multiplied by ‘Number of MDAO tokens’. Rewards are distributed every Tuesday until March 15th. You can withdraw and stake them on MarsDAO.

AMA Session MarsDAO x Chrono.tech

At the end of the week, the founders of MarsDAO and Chrono.tech delighted us with a joint AMA session. During the session, they discussed questions related to their collaboration and other topics.

Vladislav Utushkin, founder of MarsDAO, showed interest in products released by Chrono.tech, particularly LaborX and PaymentX. Sergey Sergeenko, founder and CEO of Chrono.tech, emphasized that LaborX is currently their primary development, but the company has many partnerships planned.

The representatives turned out to be longtime friends and talked about other topics in a warm atmosphere, including advice on dealing with burnout, stories of failures and successes, and much more. You can read the full recap of the AMA session by following the link: https://medium.com/@chronotech_eng/ama-session-with-marsdao-x-chrono-tech-fbd93eb97a07

Our list of partners continues to grow regularly. Therefore, the week ended with a new successful collaboration with the MDAO token. Stay tuned for the latest news.