KRONOS DAO, KRONOS NODE, KRONOSCharger, KRONOSPad and CORENODE

KronosDao
5 min readMar 7, 2022

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KRONOS DAO

Minting $KRONOS

The Mint page allows users to mint $KRONOS from the protocol at a discount by trading it with liquidity (LP tokens) or other assets. The minting action creates bonds that take 5 days to vest, $KRONOS tokens are vested linearly to the user over that period.​ The Kronos DAO will offer minting via $BUSD, $BNB-$BUSD and $KRONOS/BUSD for BSC, but we expect to add other mint assets soon.

Staking KRONOS and Diamond Hands Bonus

Staking allows you to earn $KRONOS passively via auto-compounding. By staking your $KRONOS with Kronos DAO, you receive sKRONOS at a 1:1 ratio. After that, your sKRONOS balance will increase automatically on every epoch: APY will initially be very high and the protocol will stabilize over time fixed APR 365% or APY 3,678.3% (compound). Each user can insert a part or the maximum quantitative of $KRONOS owned as he prefers. Equally at any time user can unstake his $KRONOS.

Diamond Hands Protocol

D.H.P (Diamond Hands Protocol) is a protocol that allows you to earn $KRONOS on the staked amounts according to different reward levels. The corresponding bonus level, eventually reached, will be applied to each single staked amount.

The following shows the Diamond Hands Protocol levels:

Level 0: within the first 3 days gets no boost
Level 1: $KRONOS staked amount for 3 days gets a x1.05 boost
Level 2: $KRONOS staked amount for 7 days gets a x1.15 boost
Level 3: $KRONOS staked amount for 15 days gets a x1.25 boost
Level 4:$KRONOS staked amount for 30 days gets a x1.35 boost

The Diamond Hands bonus will activate only on staked amounts based on deposit days. The levels are reached only when they are passed.

Examples

For example, imagine that you have just staked 10,000 $KRONOS.

Scenario 1:
You decide to unstake your entire amount the very next day. No Diamond Hands Protocol bonus is activated. Therefore, your received 10,000 $KRONOS.

Scenario 2:
You decide to unstake your amount after 30 days. Level 4 Diamond Hands Protocol bonus is activated. Therefore, your received rewards = 3,500 $KRONOS then you’ll unstake 13,500 $KRONOS.

Scenario 3:
You decide to unstake your amount after 29 days. Level 3 Diamond Hands Protocol bonus is activated. Therefore, your received rewards = 2,500 $KRONOS then you’ll unstake 12,500 $KRONOS.

WARNING: When you unstake your initial investment, the Diamond Hands Protocol bonus is reset for it.

KRONOS NODE

We currently have 5different node levels. As you level up, your ROI increases slightly. Nodes cannot be transferred from one wallet to another.
Each wallet does not have a limited number of nodes, so you can have as many nodes as you want.
Following table:

STARTER: 500 $KRONOS earn 1.5% daily for 100 days (At the end the NODE must be reactivated) *ROI 150% in 100 days.

SATELLITE: 1,000 $KRONOS earn 1.75% daily for 100 days (At the end the NODE must be reactivated) *ROI 175% in 100 days.

ROCKET: 2,000 $KRONOS earn 2% daily for 100 days (At the end the NODE must be reactivated) *ROI 200% in 100 days.

LAUNCH BASE: 5,000 $KRONOS earn 2.25% daily for 100 days (At the end the NODE must be reactivated) *ROI 225% in 100 days.

ON THE MOON: 10,000 $KRONOS earn 2.5% daily for 100 days (At the end the NODE must be reactivated) *ROI 250% in 100 days.

  • ROI is variable. Its daily value is given by the calculation of the holders, the nodes created and the yield of the CORENODE masternodes
  • REFERRAL 5% lifetime for each deposit

For each NODE created, a MASTERNODE VALIDATOR will be activated by TEAM through the CORENODE Platform in order to guarantee a real value to the rewards released.
Also remember that our protocol does not mint as nonsense as 99% of projects but it mints $KRONOS on a real investment basis.

KRONOSpad and KRONOScharger

KRONOSpad is a simple, flexible and secure rewards system that allows users to stake their $KRONOS and earn cryptocurrencies through valid new projects, incubated and supported by the Kronos DAO Team.

If you currently have $KRONOS you could use them in KRONOSpad to get an extra income in other tokens. Being able to gain exposure to these assets without buying them directly is a great way to participate in ICOs.

In the KRONOSpad the tokens bound to participate in the promotion cannot be withdrawn until the campaign ends, during the staking period you will receive the rewards accrued on a daily basis which vary according to the participants in the pool.

We will have the pleasure of proposing to the community different and important projects of greater importance. The community itself will vote which pad activate in the future.

If you currently have unlocked $KRONOS, you can use them in the KRONOScharger to earn an income in other tokens.

KRONOScharger is a secure simple rewards platform that allows users to stake their $KRONOS and earn other famous tokens. Being able to gain exposure to these assets without paying for them directly is a great way to grow your portfolio!

Through the KRONOScharger program you will receive prominent cryptocurrencies such as BTC, ETH, BNB and many others. There is a blocking period in the contract for the duration of the pool (max 30 days), during the staking period you will receive the rewards accrued on a daily basis which vary according to the participants in the pool.

The Kronos DAO Team will take care of choosing the crypto that will be activated in the KRONOScharger.

CORENODE

CORENODE is the first project that we have decided to incubate and create a real close collaboration. All the rewards that investors receive from the KRONOS DAO protocol derive from the returns of the MASTERNODE that we have activated in CORENODE (1280 ACTIVE VALIDATOR NODES and 210 ACTIVE SERVERS).

Now we can explain that KRONOS DAO is not mint token nonsense like 99% of the platforms but the $ KRONOS of the rewards are well calculated in fact after the launch a detailed report of the active MASTERNODE and the earnings brought up to date will be released.

Our support for CORENODE is precisely to launch it in DeFi with a token ($ cNODE) which will be very similar to a stablkecoin anchored to the value of the nodes with an innovative calculation that will soon be made public.

STAY TUNED FOR UPDATE

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