Chronos Finance
852 subscribers
59 photos
1 video
67 links
πŸŒͺ Chronos Finance is a community driven liquidity layer & AMM on arbitrum, that uses a vote escrowed model to drive Liquidity to the highest volume pairs.
Download Telegram
We're pleased to announce Chronos's next partner - @GND Protocol

GND Protocol has 2 main products:

1️⃣ gmUSD: the world's first yield-bearing, fully-backed stablecoin

2️⃣ GND FARM: a powerful farming tool to generate amazing yield back to GND investors

➑️ Users can provide CHR/ETH liquidity on Uniswap to receive UNIv3 LPs
➑️These LPs can be staked on the GND Protocol UI to earn GND, the project’s main token
➑️GND can be staked for xGND to earn more GND over time

By incentivizing users to provide CHR liquidity to Uniswap, GND Protocol provides another usecase for CHR, and helps further cement Chronos's place in the @Arbitrum ecosystem!
πŸ‘99πŸ‘45🀩35❀34πŸ₯°32πŸ”₯13🀑1
With 30 launch partners already secured (and more on the way) Chronos is well on its way to becoming the top DEX on @arbitrum!

Be on the lookout for more BIG announcements about what we're building together, and how we plan to add even more value for Chronos users over time!
πŸ‘95πŸ₯°31πŸ”₯24❀18πŸ‘10🀩10🐳1
βŒ›οΈ Chronos General Update βŒ›οΈ

We want to extend our gratitude to everyone who made Chronos's launch a resounding success! Our team is diligently ironing out the DEX and tackling issues that you've brought to our attention.

If you stumble upon any glitches while navigating the site, don't hesitate to post it in the #feedback channel. Our developers are on standby to address these concerns. Expect a smoother user interface as we roll out subgraphs later this week.
πŸ‘79πŸ₯°33πŸ”₯22❀21πŸ‘8🀩6
Here's a rundown of the fixes we've already rolled out:

1️⃣ Added dedicated buttons to the swap and liquidity pages to make it easy to add tokens as a percentage of the wallet's balance

2️⃣ Added a dedicated Add/Remove Liquidity button to make LPing more intuitive

3️⃣ Token balancer bug fixed - now automatically calculates appropriate ratios when creating new liquidity pools.

4️⃣ Fixed the ODOS routing so that users get the "We Can't Find a Route for Your Swap" error less frequently. For tokens that do not have liquidity on Chronos, the swap router now automatically searches out the best rate from other DEX pools on the Arbitrum network, effectively making Chronos a DEX aggregator!

5️⃣ Some of you have noted that your staked positions are not displaying on the "Liquidity" tab. This was because we had to create new gauges for several pools. We've added a button that will display the inactive gauges. From there, you should be able to unstake your position and move it to the active pool. As long as this is done before Epoch 1 begins you will not lose any maturity boost.

6️⃣ Added permissionless gauge creation for whitelisted tokens.

7️⃣ We are now displaying all the Vote information such as bribes, your vote percentage and dollar amounts in rewards.

8️⃣ Fixed voter rewards to be sortable by column and fixed a display glitch when changing pages.

We're not stopping there - more improvements are on the way!

We're aware that some of you are yet to claim your airdrops. Our team is working tirelessly to address all the ⁠🎟丨support-tickets πŸ“‘ We appreciate your patience and hope to have these issues resolved soon. If you feel you're yet to receive an entitled airdrop, please verify your address against the Master List:
https://docs.google.com/spreadsheets/d/1PukG12KjcMR8uzRa8YLYbqyUGlJwEp6HDMwhINDkSM4/edit?usp=sharing

If your address is on the list but you haven't received your airdrop, please open a ticket, include your wallet address, and any other relevant evidence. We'll address it as soon as we can.

Thank you for your ongoing support as we resolve all issues in these early stages! πŸ™
πŸ‘72πŸ”₯26πŸ‘21🀩18πŸ₯°13❀7
Our friends at overnight_fi have kicked off the first bribe in a big way! πŸ”₯

Did you know: USD+ is a yield bearing stablecoin, it will accrue yield while it waits to be claimed by $CHR voters at the end of the epoch πŸ’°

Get ready to vote, the countdown to Epoch 1 is on! βŒ›οΈ
πŸ‘75πŸ₯°31❀26🀩13πŸ”₯9πŸ‘9
πŸ”’ 30% Lock Bonus is LIVE! πŸ”’

Attention, Chronians! To celebrate Epoch 1 we're excited to announce that the 30% Lock Bonus is live. For all users locking CHR, you'll automatically qualify for this bonus. This promotion will run until the 2,000,000 veCHR allocation is exhausted. A dune dashboard will be set up to monitor this as soon as possible, however, rest assured that anyone locking from EPOCH 0 - EPOCH 3 will qualify due to the low supply.

To clarify, the guaranteed way to recieve this bonus is to create a NEW lock of any amount of CHR, for the MAXIMUM duration of 2 years. The additional 30% will be automatically added to the veNFT, you do not have to anything further. You can then merge this new veCHR NFT to an existing one if desired.

This is our way of saying thanks to our early supporters who remain with us as we get the flywheel spinning! ❀️

Check out more launch details here: https://medium.com/@chronosarbitrum/time-for-a-new-era-chronos-launch-details-30b6ad05fd1a
πŸ‘85❀30πŸ₯°22πŸ”₯15πŸ‘11🀩3
⏳ Ready your LP tokens for $CHR emissions launch at midnight UTC - TONIGHT!

πŸŒ€ Stake your tokens to get a head start on maturity and receive emissions the second they start!

The clock is ticking ⏰ https://app.chronos.exchange/liquidity
πŸ‘70❀30πŸ”₯16πŸ₯°16πŸ‘13🀩7
More than $6,000 in $DEUS has been supplied by @DeusEcosystem to incentivize voters on the DEUS/DEI and DEI/USDC pairs!
πŸ‘63πŸ₯°39πŸ‘14πŸ”₯11❀9🀩7
Epoch 1 is scheduled to start in less than one hour!

As we prepare for $CHR emissions to begin, we'd like to take a moment to thank everyone that's supported us and helped make this possible. To all of our partner projects, ambassadors, collaborators, and every member of the Chronos community -- Thank You. We couldn't have done it without you.

When the clock strikes midnight (00:00 UTC) emissions will begin to all staked LPs. maNFTs will also earn their first maturity boost at this time.

For all of you that have locked $veCHR and cast your votes, your bribes and fees will be available to claim tomorrow.

Once again, we appreciate everyone's help in making Chronos's launch a huge success. Enjoy your APRs during Epoch 1, and be on the lookout for more announcements about everything we have in store over the coming weeks
πŸ‘99πŸ”₯35πŸ‘24🀩13πŸ₯°12❀8🍾2
Epoch 0 is off to a BIG start with over $180k in rewards from bribes alone! πŸ’°

Lock $CHR now to vote for rewards before 00:00 UTC tonight and qualify for a 30% bonus! πŸ”’

@everyone
πŸ‘76πŸ”₯19πŸ‘17πŸ₯°14🀩14❀13πŸ‘Œ2
⏳The god of time takes no prisoners. Chronos is now the third largest @arbitrum project by TVL, and the 8th largest DEX in all of crypto.

πŸŒ€ We're not done yet though! Our team is continuing to build. We hope one day to take the top spot as the number one DEX in the world!
πŸ‘90❀51πŸ”₯23πŸ₯°18πŸ‘17🀩4πŸ€”1πŸ’―1
πŸš€βœ¨ Chronos Takes Off: Launch Summary βœ¨πŸš€

We're thrilled to see the successful launch of Chronos! πŸŽ‰ Check out our latest article for a summary of important updates, changes, and milestones since the launch.

πŸš€ CHR Token Launch
πŸ’  Epoch 0 Bribes
🀝 Launch Partners List
πŸ† TVL Milestone
πŸ”“ 30% Lock Bonus Promotion
πŸ› veCHR NFT Secondary Market Royalties
🎭 Community Content
πŸͺ‚ Airdrop Claims
πŸ’° veCHR and chrNFT Rewards Claims
πŸ” Security Measures
πŸ”§ Ongoing Fixes and Improvements

Read the full article here: https://medium.com/@chronosarbitrum/chronos-takes-off-launch-summary-ed655c2b1597

Let's continue to make Chronos the top DEX on Arbitrum! πŸš€πŸŒŸ
πŸ‘89πŸ₯°26❀24πŸ‘16πŸ”₯8🀩7πŸŽ‰1
Dune dashboard for this lock-bonus promotion is now up!πŸ”

Lock your CHR and get an instant 30% bonus to vote this week, promotion runs until the supply is exhausted!

Capitalize on this opportunity to maximize your voting power right from Epoch 1 πŸŽ‰

https://dune.com/eliteness/ve-chr-boost
πŸ‘90πŸ”₯31πŸ₯°23πŸ‘16❀13🀩10πŸ₯±2
We're pleased to announce Chronos's newest partner - QiDao Protocol

QiDao are the issuers of the MAI stablecoin, a multichain stable asset backed by users' collateralized debt positions

➑️ QiDao makes it easy for users to take out permissionless loans, using their dApp at https://app.mai.finance/

➑️ By providing a variety of assets as collateral, users earn the right to borrow MAI, a stablecoin backed by entirely by these deposits

Because MAI is overcollateralized, it boasts superior stability and less normalized volatility than similar USD-pegged stables (More info here: https://mai.watch/en/overview). Best of all, MAI has no exposure to the legacy financial system - it's a truly crypto-native stablecoin!

As a Chronos partner, QiDao will be directing incentives to several MAI pairs. We're excited to be working with this veteran team as they continue working to make https://app.mai.finance/ one of the best CDP stablecoin lending protocols in crypto!
πŸ‘67❀36πŸ”₯17🀩11πŸ₯°10πŸ‘10🐳2
Our integration with 1inch Network is now complete!

Users trading on 1Inch will automatically have their trades routed through Chronos's pools when those pools offer the best returns.

This means more fees for $veCHR lockers each epoch!

https://1inch.io/

@everyone
πŸ‘85πŸ”₯30❀25πŸ₯°13🀩9πŸ‘8🐳1
Big bribes for Epoch 1!

More than $200,000 already, and more on the way!

Make sure to vote before 00:00 UTC at https://app.chronos.exchange/ to earn your share of the rewards!
πŸ‘62πŸ₯°41❀15πŸ”₯13πŸ‘9🀩4
We're pleased to announce Chronos's newest partner - Beefy Finance!

Beefy is one of the biggest and most respected yield-optimization projects in crypto. Their autocompounding vaults make it easy for users to maximize their crypto returns. Users deposit LP tokens into the vaults, which then automatically claim the rewards, create new LP tokens, and redeposit those LPs into the vault to earn even more rewards!

As a Chronos partner, Beefy will be developing vault strategies specifically to make use of some of Chronos's most active LPs. They'll also be incentivizing veCHR voters to direct CHR emissions to the BIFI/WETH pool on the Chronos DEX.

We're excited to be working with this talented team to bring even more value to Chronos users!
πŸ‘116πŸ₯°45❀23πŸ”₯12πŸ‘7🀩4
Introducing Chronos's newest launch partner - Angle Protocol

Angle is a decentralized, capital efficient and over-collateralized stablecoin protocol specializing in non-USD pegged tokens. Their flagship stable - agEUR - will soon have liquidity incentives on Chronos!

➑️ agEUR is an overcollateralized stablecoin pegged to the price of the euro.

➑️ Users can provide collateral using a variety of crypto assets to mint agEUR directly from the Angle dApp: https://app.angle.money/

β˜‘οΈ By making it easier for users to interact with Web3 using their local currency, Angle hopes to make crypto more appealing for everyone, including non-American investors.

β˜‘οΈ Over time, they plan to release addition agAssets, pegged to other world currencies.

Angle is dedicated to making crypto safer for users all over the globe by minimizing its exposure to a single stablecoin like $USDC (as well as the to the legacy banking system in general), and building a truly crypto-native euro stablecoin. 🌎
πŸ‘56πŸ₯°31❀20πŸ”₯15πŸ‘12πŸŽ‰1🀩1
Epoch 2 is almost over! Don't forget to vote!

Best bribes this epoch:

πŸŒ€wUSDR/USDC - @tangibleDAO
πŸŒ€USD+/DAI+ - @overnightfi
πŸŒ€WETH/ARB - @ChronosFi
πŸŒ€WETH/USDC - @ChronosFi_
πŸŒ€WETH/RING - @Onering_Tools
πŸŒ€fBOMB/YFX - @fBombOpera

Epoch flips at 00:00 PM UTC!
πŸ‘75❀32πŸ”₯22πŸ₯°14πŸ‘12🀩5❀‍πŸ”₯3
Introducing Chronos's newest partner - Jarvis Network

Jarvis are the issuers of jFIATs - overcollateralized stablecoins that are pegged to non-USD assets. As a Chronos partner, Jarvis will be incentivizing liquidity for JRT and jEUR on Arbitrum.

1️⃣ jEUR is a synthetic stablecoin pegged to the euro. Currently, users can borrow jEUR against WSTETH, WBTC, and USDC, or buy it from the protocol with USDC

2️⃣ JRT is the protocol's governance token. There will be a migration of JRT to JARVIS later this year

As a Chronos partner, Jarvis will be directing incentives to the JRT/WETH pair. They'll also be collaborating with our friends at Angle Protocol on a stable-AMM pair for jEUR/agEUR

We're excited to be working with this veteran team to increase liquidity for non-USD stablecoins on Arbitrum!
πŸ‘79πŸ‘Ž37❀25πŸ₯°17🀬17πŸ”₯15πŸ‘13🀑9🀩5😑2
Chronos is now integrated into OpenOceanGlobal's DEX aggregator.

⏳Trades made using the Open Ocean dApp will now automatically route through Chronos's liquidity pools, generating more fees for $veCHR voters each epoch!

https://app.openocean.finance/classic
πŸ‘87πŸ‘Ž37πŸ”₯31πŸ‘17🀬16❀14🀩10🀑9πŸ₯°7πŸ’©4🐳2