🌪 Welcome to Chronos, the premier community-owned liquidity layer built on the Arbitrum ecosystem. @everyone
🧿 You might be wondering, “Why does Arbitrum need another Solidly fork?” 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 isn’t meant as a dig against our competition. In fact, we’re grateful to the projects that have come before us.
By studying what works and what doesn’t among our predecessors, we believe we’ve found the optimal version of ve(3,3) that can fulfill Andre Cronje’s original vision and become a true cornerstone of Arbitrum DeFi. By aligning incentives so that they benefit all of the protocol’s participants – its users, its partner protocols, and the ecosystem as a whole – its our mission to contribute in a meaningful way to the continued growth and success of the Arbitrum ecosystem.
🧩 At Chronos, there is no VC investment and no private token sale. Instead, we’ve chosen a bootstrapping model similar to the one first used by Thena: by raising funds through the sale of the chrNFTs, we’ll generate enough capital to bribe CHR’s initial liquidity. As the flywheel takes effect, the holders of these NFTs will become “Community VCs”, and will earn a share of protocol revenues into perpetuity.
✈️ 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 Chronos’s 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.
🧿 You might be wondering, “Why does Arbitrum need another Solidly fork?” 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 isn’t meant as a dig against our competition. In fact, we’re grateful to the projects that have come before us.
By studying what works and what doesn’t among our predecessors, we believe we’ve found the optimal version of ve(3,3) that can fulfill Andre Cronje’s original vision and become a true cornerstone of Arbitrum DeFi. By aligning incentives so that they benefit all of the protocol’s participants – its users, its partner protocols, and the ecosystem as a whole – its our mission to contribute in a meaningful way to the continued growth and success of the Arbitrum ecosystem.
🧩 At Chronos, there is no VC investment and no private token sale. Instead, we’ve chosen a bootstrapping model similar to the one first used by Thena: by raising funds through the sale of the chrNFTs, we’ll generate enough capital to bribe CHR’s initial liquidity. As the flywheel takes effect, the holders of these NFTs will become “Community VCs”, and will earn a share of protocol revenues into perpetuity.
✈️ 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 Chronos’s 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.
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🌪 We’re excited to welcome Yield Farming Index as the first of many partnerships coming to Chronos.
👨🌾 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!
⏳ Time is now!
https://twitter.com/ChronosFi_/status/1634618215123890178
👨🌾 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!
⏳ Time is now!
https://twitter.com/ChronosFi_/status/1634618215123890178
🌪 We’re also excited to welcome Overnight Finance as the Second of our partnerships.
💧 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.
We’re 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.
⏳ Time is a resource, Chronos is the guardian.
https://twitter.com/ChronosFi_/status/1635709045993504789
💧 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.
We’re 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.
⏳ Time is a resource, Chronos is the guardian.
https://twitter.com/ChronosFi_/status/1635709045993504789
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Time keeps moving forward⌛️ 💨
The landing page for our website is finally ready!
Check it out at 🛡 https://chronos.exchange/ 🛡
Let us know what you think. Whitelist spots available for any helpful feedback we receive.
☑️Website Landing Page: READY NOW!
⭕️ Chronos dApp: Coming Soon!
⭕️ 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 🛡 https://chronos.exchange/ 🛡
Let us know what you think. Whitelist spots available for any helpful feedback we receive.
☑️Website Landing Page: READY NOW!
⭕️ Chronos dApp: Coming Soon!
⭕️ 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 ⏰
🌪 We'll be discussing some of the exciting developments we have in store for our upcoming launch on Arbitrum.
https://discord.gg/alfadao
🌪 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:
💧Reduced sell pressure for $CHR
💧Less $CHR in circulation
💧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:
💧Reduced sell pressure for $CHR
💧Less $CHR in circulation
💧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
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Chronians! We're pleased to announce our next launch partner - Firebird Finance.
🔥🔥 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 they’re getting the best rate every time.
⏳Time is now ⏳
🔥🔥 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 they’re getting the best rate every time.
⏳Time is now ⏳
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Chronians! 🌀 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:
🔑 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). 💎
🔐 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
🔑 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). 💎
🔐 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.
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"The Pillars of Chronos Pt. 2 - Introducing Maturity-Adjusted LPs"! 🌀
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. 2— Introducing Maturity-Adjusted LPs
Chronos has been meticulously designed to address the challenges faced by its predecessors. By incorporating innovative features and…
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📢 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! 🚀
Note: These models are conceptual & not financial advice.
🔑 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! 🚀
Note: These models are conceptual & not financial advice.
🔑 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
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We're thrilled to announce that the GitBook technical documentation for Chronos is now live! 🌀
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 🌐
Chronos Flywheel ⚙️
Tokenomics 🪙
chrNFT 💎
DEX Functionality 🔗
Security 🔒
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! 🌟
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 🌐
Chronos Flywheel ⚙️
Tokenomics 🪙
chrNFT 💎
DEX Functionality 🔗
Security 🔒
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! 🌟
chronos-finance.gitbook.io
Chronos Finance
The Premier Liquidity Layer & AMM on Arbitrum
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