πͺ Welcome to Chronos, the premier community-owned liquidity layer built on the Arbitrum ecosystem. @everyone
π§Ώ You might be wondering, βWhy does Arbitrum need another Solidly fork?β We asked ourselves this same question. In our opinion, the current state of ve(3,3) on Arbitrum leaves a lot to be desired. This isnβt meant as a dig against our competition. In fact, weβre grateful to the projects that have come before us.
By studying what works and what doesnβt among our predecessors, we believe weβve found the optimal version of ve(3,3) that can fulfill Andre Cronjeβs original vision and become a true cornerstone of Arbitrum DeFi. By aligning incentives so that they benefit all of the protocolβs participants β its users, its partner protocols, and the ecosystem as a whole β its our mission to contribute in a meaningful way to the continued growth and success of the Arbitrum ecosystem.
π§© At Chronos, there is no VC investment and no private token sale. Instead, weβve chosen a bootstrapping model similar to the one first used by Thena: by raising funds through the sale of the chrNFTs, weβll generate enough capital to bribe CHRβs initial liquidity. As the flywheel takes effect, the holders of these NFTs will become βCommunity VCsβ, and will earn a share of protocol revenues into perpetuity.
βοΈ To everyone reading this, thank you for being here. More information about the protocol, the upcoming airdrop of CHR, the whitelisting procedure for the chrNFTs, and Chronosβs launch partners will be released over the coming days. Good things come to those who wait, and we plan to be around for a long, long time to come.
π§Ώ You might be wondering, βWhy does Arbitrum need another Solidly fork?β We asked ourselves this same question. In our opinion, the current state of ve(3,3) on Arbitrum leaves a lot to be desired. This isnβt meant as a dig against our competition. In fact, weβre grateful to the projects that have come before us.
By studying what works and what doesnβt among our predecessors, we believe weβve found the optimal version of ve(3,3) that can fulfill Andre Cronjeβs original vision and become a true cornerstone of Arbitrum DeFi. By aligning incentives so that they benefit all of the protocolβs participants β its users, its partner protocols, and the ecosystem as a whole β its our mission to contribute in a meaningful way to the continued growth and success of the Arbitrum ecosystem.
π§© At Chronos, there is no VC investment and no private token sale. Instead, weβve chosen a bootstrapping model similar to the one first used by Thena: by raising funds through the sale of the chrNFTs, weβll generate enough capital to bribe CHRβs initial liquidity. As the flywheel takes effect, the holders of these NFTs will become βCommunity VCsβ, and will earn a share of protocol revenues into perpetuity.
βοΈ To everyone reading this, thank you for being here. More information about the protocol, the upcoming airdrop of CHR, the whitelisting procedure for the chrNFTs, and Chronosβs launch partners will be released over the coming days. Good things come to those who wait, and we plan to be around for a long, long time to come.
β€1
πͺ Weβre excited to welcome Yield Farming Index as the first of many partnerships coming to Chronos.
π¨βπΎ Yield Farming Index is DeFi hedge fund built on the #Arbitrum ecosystem that uses sustainable, delta-neutral strategies to provide #realyield for holders and stakers.
YFX will be utilizing Chronos as their liquidity incentive hub and we are happy to welcome the YFX community with a launch airdrop!
β³ Time is now!
https://twitter.com/ChronosFi_/status/1634618215123890178
π¨βπΎ Yield Farming Index is DeFi hedge fund built on the #Arbitrum ecosystem that uses sustainable, delta-neutral strategies to provide #realyield for holders and stakers.
YFX will be utilizing Chronos as their liquidity incentive hub and we are happy to welcome the YFX community with a launch airdrop!
β³ Time is now!
https://twitter.com/ChronosFi_/status/1634618215123890178
πͺ Weβre also excited to welcome Overnight Finance as the Second of our partnerships.
π§ Overnight is a DeFi protocol behind USD+, a yield generating stablecoin. USD+ stablecoin can be instantly minted/redeemed 1:1 to USDC. On the backend, the collateral executes yield-bearing strategies that generate a daily profit to users via USD+ rebase
Overnight Fi will be voting and bribing on Chronos to increase liquidity for their USD+ based pairs. As a high volume token, USD+ will generate sustainable revenues to Chronos voters.
Weβre glad to be partnering with Overnight Fi and our collaboration to bring innovation to Arbitrum. The Overnight Fi community will be a part of the Chronos launch airdrop.
β³ Time is a resource, Chronos is the guardian.
https://twitter.com/ChronosFi_/status/1635709045993504789
π§ Overnight is a DeFi protocol behind USD+, a yield generating stablecoin. USD+ stablecoin can be instantly minted/redeemed 1:1 to USDC. On the backend, the collateral executes yield-bearing strategies that generate a daily profit to users via USD+ rebase
Overnight Fi will be voting and bribing on Chronos to increase liquidity for their USD+ based pairs. As a high volume token, USD+ will generate sustainable revenues to Chronos voters.
Weβre glad to be partnering with Overnight Fi and our collaboration to bring innovation to Arbitrum. The Overnight Fi community will be a part of the Chronos launch airdrop.
β³ Time is a resource, Chronos is the guardian.
https://twitter.com/ChronosFi_/status/1635709045993504789
β€1
Time keeps moving forwardβοΈ π¨
The landing page for our website is finally ready!
Check it out at π‘ https://chronos.exchange/ π‘
Let us know what you think. Whitelist spots available for any helpful feedback we receive.
βοΈWebsite Landing Page: READY NOW!
βοΈ Chronos dApp: Coming Soon!
βοΈ Mint Page: Coming Soon!
Be on the lookout for more announcements as we get closer to launch.
The landing page for our website is finally ready!
Check it out at π‘ https://chronos.exchange/ π‘
Let us know what you think. Whitelist spots available for any helpful feedback we receive.
βοΈWebsite Landing Page: READY NOW!
βοΈ Chronos dApp: Coming Soon!
βοΈ Mint Page: Coming Soon!
Be on the lookout for more announcements as we get closer to launch.
Please Join us at 6PM UTC in the AlfaDAO Discord for the first Chronos AMA β°
πͺ We'll be discussing some of the exciting developments we have in store for our upcoming launch on Arbitrum.
https://discord.gg/alfadao
πͺ We'll be discussing some of the exciting developments we have in store for our upcoming launch on Arbitrum.
https://discord.gg/alfadao
Introducing our next partner - Dyson.
As part of this partnership Dyson will be creating a liquid wrapper for Chronos's veNFTs.
Benefits of the liquid wrapper include:
π§Reduced sell pressure for $CHR
π§Less $CHR in circulation
π§Boosted $CHR yields without locking
Users will be able to trade their CHR for spCHR - a tradeable token that earns fees just like the veNFT. Dyson will lock all the CHR they receive to veCHR and use it to vote for the CHR/spCHR pair on Chronos to help defend the peg.
Users will also have the option of staking their CHR/spCHR on the Dyson platform to earn additional yield.
https://twitter.com/ChronosFi_/status/1636091128435863553?s=20
As part of this partnership Dyson will be creating a liquid wrapper for Chronos's veNFTs.
Benefits of the liquid wrapper include:
π§Reduced sell pressure for $CHR
π§Less $CHR in circulation
π§Boosted $CHR yields without locking
Users will be able to trade their CHR for spCHR - a tradeable token that earns fees just like the veNFT. Dyson will lock all the CHR they receive to veCHR and use it to vote for the CHR/spCHR pair on Chronos to help defend the peg.
Users will also have the option of staking their CHR/spCHR on the Dyson platform to earn additional yield.
https://twitter.com/ChronosFi_/status/1636091128435863553?s=20
π1
Chronians! We're pleased to announce our next launch partner - Firebird Finance.
π₯π₯ Firebird is a cross-chain DEX aggregator that automatically seeks out the best rates on Arbitrum every time a swap is made. As part of this partnership, they'll be implementing Chronos's pools into their swap router from day one.
We'll also be implementing their router into Chronos's UI that will automatically seek out the best returns on every trade from the available pools.
Chronos users can trade with confidence knowing theyβre getting the best rate every time.
β³Time is now β³
π₯π₯ Firebird is a cross-chain DEX aggregator that automatically seeks out the best rates on Arbitrum every time a swap is made. As part of this partnership, they'll be implementing Chronos's pools into their swap router from day one.
We'll also be implementing their router into Chronos's UI that will automatically seek out the best returns on every trade from the available pools.
Chronos users can trade with confidence knowing theyβre getting the best rate every time.
β³Time is now β³
π₯11π2
Chronians! π We're excited to announce the first pillar of Chronos, our limited edition genesis NFT collection: "The Lost Keys of Chronos". Be part of the future of decentralized finance and community ownership on the Arbitrum network! :arbitrum~1:
π The Lost Keys of Chronos features 5,555 unique NFTs offering stable, real-yield revenue streams, empowering a genuinely community-owned liquidity layer. The chrNFT sale ensures equitable access and decentralizes holdings, leading the way in NFT finance (NFTfi). π
π Mint a chrNFT to become a founding member of Chronos, granting you a share of all protocol revenues and aligning incentives for collective success. The sale comprises three phases, rewarding early supporters with enhanced value.
Stay tuned for more articles in The Pillars of Chronos series as we explore the future of DeFi on Arbitrum!
For the full article, click here: https://medium.com/@chronosarbitrum/the-pillars-of-chronos-pt-1-the-lost-keys-of-chronos-chrnft-fcf6cf6d9cbd
π The Lost Keys of Chronos features 5,555 unique NFTs offering stable, real-yield revenue streams, empowering a genuinely community-owned liquidity layer. The chrNFT sale ensures equitable access and decentralizes holdings, leading the way in NFT finance (NFTfi). π
π Mint a chrNFT to become a founding member of Chronos, granting you a share of all protocol revenues and aligning incentives for collective success. The sale comprises three phases, rewarding early supporters with enhanced value.
Stay tuned for more articles in The Pillars of Chronos series as we explore the future of DeFi on Arbitrum!
For the full article, click here: https://medium.com/@chronosarbitrum/the-pillars-of-chronos-pt-1-the-lost-keys-of-chronos-chrnft-fcf6cf6d9cbd
Medium
The Pillars of Chronos Pt.1: The Lost Keys of Chronos (chrNFT)
Introducing The Lost Keys of Chronos genesis NFT collection.
π1
"The Pillars of Chronos Pt. 2 - Introducing Maturity-Adjusted LPs"! π
Discover how Chronos revolutionizes the ve(3,3) model by addressing key challenges faced by its predecessors. Our groundbreaking maturity-adjusted LP positions create a more stable and rewarding environment for all participants in the Chronos ecosystem.
Key Highlights:
Innovative "maNFT" - Maturity-Adjusted Liquidity Positions that earn boosted rewards over time
Enhanced liquidity incentives to better align users with the long-term success of the protocol
A marketplace for liquidity providers to sell mature maNFT positions at a premium
Benefits for protocols, liquidity providers, $veCHR voters, and the entire ecosystem
At Chronos, time is money, and our liquidity providers will be rewarded for their time with us.
More info: https://medium.com/@chronosarbitrum/the-pillars-of-chronos-pt-2-introducing-maturity-adjusted-lps-ceae79f2ac6f
Discover how Chronos revolutionizes the ve(3,3) model by addressing key challenges faced by its predecessors. Our groundbreaking maturity-adjusted LP positions create a more stable and rewarding environment for all participants in the Chronos ecosystem.
Key Highlights:
Innovative "maNFT" - Maturity-Adjusted Liquidity Positions that earn boosted rewards over time
Enhanced liquidity incentives to better align users with the long-term success of the protocol
A marketplace for liquidity providers to sell mature maNFT positions at a premium
Benefits for protocols, liquidity providers, $veCHR voters, and the entire ecosystem
At Chronos, time is money, and our liquidity providers will be rewarded for their time with us.
More info: https://medium.com/@chronosarbitrum/the-pillars-of-chronos-pt-2-introducing-maturity-adjusted-lps-ceae79f2ac6f
Medium
The Pillars of Chronos Pt. 2β Introducing Maturity-Adjusted LPs
Chronos has been meticulously designed to address the challenges faced by its predecessors. By incorporating innovative features andβ¦
π1
π’ As you know, Chronos is raising funds through the chrNFT fundraiser, offering a unique value proposition for minters in return for your early support.
:arbitrum~1: Our case study explores potential return profiles, showcasing how revenue distribution & APY can be influenced by various minting scenarios & DEX trade volumes. Early adopters of chrNFTs can expect significant returns as Chronos grows! π
Note: These models are conceptual & not financial advice.
π Learn more in our detailed article: https://medium.com/@chronosarbitrum/chrnft-simulation-case-study-exploring-return-profiles-5b29608a6825
:arbitrum~1: Our case study explores potential return profiles, showcasing how revenue distribution & APY can be influenced by various minting scenarios & DEX trade volumes. Early adopters of chrNFTs can expect significant returns as Chronos grows! π
Note: These models are conceptual & not financial advice.
π Learn more in our detailed article: https://medium.com/@chronosarbitrum/chrnft-simulation-case-study-exploring-return-profiles-5b29608a6825
Medium
Case Study: Exploring chrNFT Return Profiles
Introduction
π1
We're thrilled to announce that the GitBook technical documentation for Chronos is now live! π
Get all the in-depth information you need to understand and engage with our project by visiting the documentation page here: https://chronos-finance.gitbook.io/product-docs/introduction/chronos-finance
Our GitBook includes details on:
Project Overview π
Chronos Flywheel βοΈ
Tokenomics πͺ
chrNFT π
DEX Functionality π
Security π
We invite you to explore the documentation and welcome any feedback to help us continually improve our resources.
Happy learning, and thank you for being part of our growing community! π
Get all the in-depth information you need to understand and engage with our project by visiting the documentation page here: https://chronos-finance.gitbook.io/product-docs/introduction/chronos-finance
Our GitBook includes details on:
Project Overview π
Chronos Flywheel βοΈ
Tokenomics πͺ
chrNFT π
DEX Functionality π
Security π
We invite you to explore the documentation and welcome any feedback to help us continually improve our resources.
Happy learning, and thank you for being part of our growing community! π
chronos-finance.gitbook.io
Chronos Finance
The Premier Liquidity Layer & AMM on Arbitrum
π2
Chronians! We're pleased to announce Impermax Finance as our newest launch partner!!
Impermax is a permissionless, cross-chain lending protocol where users can lend & borrow digital assets in isolated lending pools.
As Chronos partners, they'll be voting to direct incentives to strategic pairs and increase liquidity for IBEX, the protocol's main utility token.
We'll also be working closely with the Impermax development team to develop custom usecases for the maNFTs. π
More info: https://twitter.com/ChronosFi_/status/1638571113369280513?s=20
Impermax is a permissionless, cross-chain lending protocol where users can lend & borrow digital assets in isolated lending pools.
As Chronos partners, they'll be voting to direct incentives to strategic pairs and increase liquidity for IBEX, the protocol's main utility token.
We'll also be working closely with the Impermax development team to develop custom usecases for the maNFTs. π
More info: https://twitter.com/ChronosFi_/status/1638571113369280513?s=20
π1π₯1
π’ New Article Release: "The Pillars of Chronos Pt. 3- Understanding the Chronos Flywheel"
We're excited to announce the release of our latest article, which delves into the ve(3,3) primitive and how it addresses the challenges faced by traditional DEXs. Learn how the Chronos team has optimized the ve(3,3) model to maximize its potential by conducting in-depth research on previous protocols.
π Discover the unique incentive structure of Chronos, designed to benefit all participants, including $veCHR voters, liquidity providers, traders, and protocols. The article also discusses the different rebasing models and explains why the zero-rebase model is the optimal choice for the long-term health and sustainability of the project.
Read the article here: https://medium.com/@chronosarbitrum/the-pillars-of-chronos-pt-3-understanding-the-chronos-flywheel-1cbd2d47ddfd
We're excited to announce the release of our latest article, which delves into the ve(3,3) primitive and how it addresses the challenges faced by traditional DEXs. Learn how the Chronos team has optimized the ve(3,3) model to maximize its potential by conducting in-depth research on previous protocols.
π Discover the unique incentive structure of Chronos, designed to benefit all participants, including $veCHR voters, liquidity providers, traders, and protocols. The article also discusses the different rebasing models and explains why the zero-rebase model is the optimal choice for the long-term health and sustainability of the project.
Read the article here: https://medium.com/@chronosarbitrum/the-pillars-of-chronos-pt-3-understanding-the-chronos-flywheel-1cbd2d47ddfd
Medium
The Pillars of Chronos Pt. 3β Understanding the Chronos Flywheel
The ve(3,3) primitive addresses the challenges of incentivizing liquidity providers (LPs) and ensuring revenue accrual for decentralizedβ¦
π₯3
We are excited to introduce our next partner - LiquidDriver π
π§ LiquidDriver is a multichain yield aggregation service that takes the guesswork out of DeFi. They seek out the best yields across many different chains and deliver it directly to their users that stake the LQDR token on their platform.
:purplefire: As a Chronos launch partner theyβll be providing bribes to increase liquidity for strategic pairs.
LiquidDriver has become a staple of ve(3,3) DEXs on a number of chains already, and weβre excited to be working with them as they expand their cross-chain earning strategies on Arbitrum! π€
Medium Article: https://medium.com/@liquiddriver/liquiddriver-and-chronos-launch-cross-chain-odyssey-on-arbitrum-565399d38367
π§ LiquidDriver is a multichain yield aggregation service that takes the guesswork out of DeFi. They seek out the best yields across many different chains and deliver it directly to their users that stake the LQDR token on their platform.
:purplefire: As a Chronos launch partner theyβll be providing bribes to increase liquidity for strategic pairs.
LiquidDriver has become a staple of ve(3,3) DEXs on a number of chains already, and weβre excited to be working with them as they expand their cross-chain earning strategies on Arbitrum! π€
Medium Article: https://medium.com/@liquiddriver/liquiddriver-and-chronos-launch-cross-chain-odyssey-on-arbitrum-565399d38367
π₯5β€1π1
π£ Introducing our new article, "Case Study: Why ve(3,3) Needs Sticky Liquidity"!
Discover the importance of sticky liquidity in sustaining the ve(3,3) model during market volatility, and learn how our Chronos platform introduces maturity-adjusted LPs for a more resilient and sustainable flywheel. π
Dive into our findings and the potential of maturity-adjusted LPs. π
https://medium.com/@chronosarbitrum/case-study-why-ve-3-3-needs-sticky-liquidity-85443a3720da
Discover the importance of sticky liquidity in sustaining the ve(3,3) model during market volatility, and learn how our Chronos platform introduces maturity-adjusted LPs for a more resilient and sustainable flywheel. π
Dive into our findings and the potential of maturity-adjusted LPs. π
https://medium.com/@chronosarbitrum/case-study-why-ve-3-3-needs-sticky-liquidity-85443a3720da
Medium
Case Study: Why ve(3,3) Needs Sticky Liquidity
In our previous articles βThe Pillars of Chronos Pt.2β and βThe Pillars of Chronos Pt.3β, we introduced our innovative solution to stickyβ¦
β€5π₯2
MINT IS LIVE!!
A few things to keep in mind:
1οΈβ£ If all chrNFTs are not sold out, the airdrop to minters will increase.
2οΈβ£ If only 1/2 are minted, each minter will receive more than 1,600 CHR
3οΈβ£ If all chrNFTs sell out, each minter will receive around 800 CHR
π That means the less theNFTs are minted, the more attractive it is to mint
When the DEX launches, we will provide initial liquidity to set the price of CHR at around $0.35 per token.
The secondary sale value is based on future & present revenue generated from Chronos's fees.
This article includes simulations based on various scenarios: https://medium.com/@chronosarbitrum/chrnft-simulation-case-study-exploring-return-profiles-5b29608a6825
Mint Page: https://mint.chronos.exchange/
π OpenSea Link: https://opensea.io/collection/the-lost-keys-of-chronos-
A few things to keep in mind:
1οΈβ£ If all chrNFTs are not sold out, the airdrop to minters will increase.
2οΈβ£ If only 1/2 are minted, each minter will receive more than 1,600 CHR
3οΈβ£ If all chrNFTs sell out, each minter will receive around 800 CHR
π That means the less theNFTs are minted, the more attractive it is to mint
When the DEX launches, we will provide initial liquidity to set the price of CHR at around $0.35 per token.
The secondary sale value is based on future & present revenue generated from Chronos's fees.
This article includes simulations based on various scenarios: https://medium.com/@chronosarbitrum/chrnft-simulation-case-study-exploring-return-profiles-5b29608a6825
Mint Page: https://mint.chronos.exchange/
π OpenSea Link: https://opensea.io/collection/the-lost-keys-of-chronos-
π2π₯1π1
πChronians, It's time to make history!
π The Lost Keys of Chronos chrNFT mint is now open at https://mint.chronos.exchange for whitelisted members of the Chronos community.
1οΈβ£ Round: 4PM-6PM UTC:
- WL is limited to 1 NFT per wallet
- OG are limited to 5 NFTs per wallet.
Time is now! β³
π The Lost Keys of Chronos chrNFT mint is now open at https://mint.chronos.exchange for whitelisted members of the Chronos community.
1οΈβ£ Round: 4PM-6PM UTC:
- WL is limited to 1 NFT per wallet
- OG are limited to 5 NFTs per wallet.
Time is now! β³
π₯3
THE SECOND WHITELIST ROUND IS LIVE // 6PM-8PM UTC
This round lasts for 2 hours unless minted out before then.
@Chronian (Minter Verified) is limited to 2 NFT per wallet
@Chronian (OG Verified) is limited to 10 NFTs per wallet
As a holder and a staker you directly earn from Chronos future success. You are entitled to a share of trading fees generated in perpetuity, that scale up as we help build and reshape the future in this ecosystem.
A reminder to all what weβre building here: +12 amazing launch partners bringing their firepower into the mix
Native liquidity layer for the Arbitrum ecosystem
Gateway for new projects launching on Aribtrum Chain that need liquidity for their tokens
chrNFT minters share an airdrop of 4.5 MILLION tokens at launch. See you on the other side after you've minted.
π Mint: https://mint.chronos.exchange/
π‘ OpenSea: https://opensea.io/collection/the-lost-keys-of-chronos-
This round lasts for 2 hours unless minted out before then.
@Chronian (Minter Verified) is limited to 2 NFT per wallet
@Chronian (OG Verified) is limited to 10 NFTs per wallet
As a holder and a staker you directly earn from Chronos future success. You are entitled to a share of trading fees generated in perpetuity, that scale up as we help build and reshape the future in this ecosystem.
A reminder to all what weβre building here: +12 amazing launch partners bringing their firepower into the mix
Native liquidity layer for the Arbitrum ecosystem
Gateway for new projects launching on Aribtrum Chain that need liquidity for their tokens
chrNFT minters share an airdrop of 4.5 MILLION tokens at launch. See you on the other side after you've minted.
π Mint: https://mint.chronos.exchange/
π‘ OpenSea: https://opensea.io/collection/the-lost-keys-of-chronos-
π₯4π1
π THE PUBLIC SALE IS LIVE π
β€οΈ First big thanks to those who have already minted, more than 3.600chrNFT sold, chrNFT minters share an airdrop of 4.5 MILLION tokens at launch.
πAs a holder you directly earn from Chronos future success. You are entitled to a share of trading fees generated in perpetuity, that scale up as we help build and reshape the future in this ecosystem.
β³The Public Mint will remain open for 48 hours, or until all chrNFTs have been sold. Trading on OpenSea will begin once the Public Mint is complete.
Mint page: https://mint.chronos.exchange
OpenSea: https://opensea.io/collection/the-lost-keys-of-chronos-
β€οΈ First big thanks to those who have already minted, more than 3.600chrNFT sold, chrNFT minters share an airdrop of 4.5 MILLION tokens at launch.
πAs a holder you directly earn from Chronos future success. You are entitled to a share of trading fees generated in perpetuity, that scale up as we help build and reshape the future in this ecosystem.
β³The Public Mint will remain open for 48 hours, or until all chrNFTs have been sold. Trading on OpenSea will begin once the Public Mint is complete.
Mint page: https://mint.chronos.exchange
OpenSea: https://opensea.io/collection/the-lost-keys-of-chronos-
β€3π3
β° UPDATE: ONLY 555 chrNFTs LEFT TO MINT β°
The Public Sale is still ongoing and there are only 555 chrNFTs left to mint! Don't miss your chance to be part of our founding members.
This is the last round, after which minting is closed forever and the exclusive minter bonuses will be locked.
For more information and to mint your chrNFT, visit the mint page: https://mint.chronos.exchange/ π
The Public Sale is still ongoing and there are only 555 chrNFTs left to mint! Don't miss your chance to be part of our founding members.
This is the last round, after which minting is closed forever and the exclusive minter bonuses will be locked.
For more information and to mint your chrNFT, visit the mint page: https://mint.chronos.exchange/ π
π4π©2