This integration brings trusted stablecoin infrastructure to one of the industry’s fastest-growing blockchain ecosystems and opens new opportunities for payments, decentralized finance, AI-powered applications, and institutional adoption.

What Is Cronos?

Cronos is an EVM-compatible Layer-1 blockchain developed by Crypto.com. The network supports a broad range of blockchain use cases, including:

• Digital payments
• DeFi trading and lending
• AI-native applications
• Gaming and Web3 experiences
• Tokenized real-world assets
• Cross-border financial services

With access to Crypto.com’s extensive user base of more than 150 million registered users, Cronos has established itself as a significant blockchain ecosystem capable of supporting both retail and institutional participants.

Why Native USDC and EURC Matter

Stablecoins play a critical role in blockchain ecosystems by providing price stability, liquidity, and efficient settlement mechanisms.

The arrival of native USDC and EURC on Cronos introduces regulated, fully reserved digital currencies directly issued by Circle.

Key Benefits

1. Trusted Fiat-Backed Stability

Both USDC and EURC are designed to maintain a 1:1 value relationship with their respective fiat currencies:

• USDC is redeemable 1:1 for U.S. dollars
• EURC is redeemable 1:1 for euros

This stability makes them attractive for trading, payments, settlement, and treasury management.

2. Enhanced DeFi Liquidity

Native stablecoins can serve as foundational liquidity assets across the Cronos ecosystem.

Benefits include:

• Lower trading slippage
• More efficient capital deployment
• Improved lending and borrowing markets
• Stronger liquidity pools
• Better trading experiences for users

As liquidity deepens, developers can build more sophisticated financial products on Cronos.

3. Support for AI-Powered Transactions

As autonomous AI agents become increasingly active on blockchain networks, stable and programmable digital currencies become essential.

USDC and EURC can help facilitate:

• Agent-to-agent payments
• Automated settlements
• Machine-driven financial workflows
• AI-powered marketplaces
• Cross-platform value exchange

This creates a strong foundation for the next generation of AI-native blockchain applications.

Introducing CCTP: Seamless Cross-Chain USDC Transfers

One of the most significant aspects of the announcement is support for Circle’s Cross-Chain Transfer Protocol (CCTP).

CCTP enables native USDC to move securely between supported blockchain networks without relying on traditional wrapped assets.

What CCTP Enables

Eligible institutions, traders, and development teams will be able to:

• Transfer native USDC across supported blockchains
• Access institutional-grade payment infrastructure
• Utilize the fiat on/off ramps
• Enable full deposit and withdrawal functionality
• Integrate native USDC through APIs
• Improve capital efficiency across multiple ecosystems

For developers building multi-chain applications, CCTP significantly simplifies the movement of liquidity and settlement assets.

Powering the Future of the Cronos App

Native USDC is expected to play an important role within the Cronos App, a mobile-first trading platform designed to unify multiple financial markets.

Users will eventually be able to:

• Deposit dollars
• Trade cryptocurrencies
• Access tokenized stocks
• Participate in prediction markets
• Manage multiple asset classes from a single account

By serving as the primary dollar settlement layer, USDC can help streamline user experiences while reducing friction between traditional and digital financial systems.

Expanding Opportunities for Institutions

Institutional adoption remains one of the most important growth drivers in the blockchain industry.

The addition of native USDC, EURC, and CCTP provides businesses with access to:

• Institutional-grade trading infrastructure
• Compliant onchain settlement
• Programmable payments
• Global liquidity access
• Efficient treasury management
• Cross-border transaction capabilities

For organizations seeking regulated digital asset infrastructure, these capabilities create a more enterprise-ready environment on Cronos.

EURC and the Growing European Opportunity

While USDC has become one of the world’s most widely adopted stablecoins, EURC introduces a unique opportunity for euro-denominated blockchain activity.

EURC can support:

• European payment systems
• Business settlements
• Treasury operations
• Cross-border commerce
• DeFi markets denominated in euros

Its MiCA-aligned framework and euro redeemability make it particularly attractive for businesses and users operating within the European Union.

Native USDC vs. Bridged USDC on Cronos

Currently, Cronos supports Bridged USDC (USDC.e), which enables users to access USDC liquidity via bridging.

With the upcoming launch of native USDC, the Cronos ecosystem plans to migrate liquidity toward the native asset gradually.

Importantly, existing USDC.e holders will not experience immediate disruption. Bridged USDC will continue operating normally and remain clearly identified throughout the ecosystem.

A Major Step Forward for Cronos

The upcoming integration of native USDC, EURC, and CCTP represents more than just a stablecoin launch. It strengthens Cronos’ foundation as a blockchain capable of supporting consumer applications, institutional finance, AI-powered systems, and global payments.

By combining trusted stablecoin infrastructure, regulated fiat-backed assets, and seamless cross-chain functionality, Cronos is positioning itself as a hub for the next generation of digital finance.

As blockchain adoption continues to accelerate, the arrival of native USDC, EURC, and CCTP could play a pivotal role in expanding liquidity, improving interoperability, and unlocking new opportunities for developers, businesses, and users across the Cronos ecosystem.

RESOURCES

Circle Announcement

Website | X

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The collaboration between Bounce Finance and Cronos is set to propel the DeFi ecosystem forward, offering users a more inclusive, scalable, and cost-effective experience. By harnessing the strengths of both platforms, participants can anticipate enhanced auction functionalities, faster transaction speeds, and increased opportunities for engagement.

The collaboration between Bounce Finance and Cronos presents a host of advantages for the DeFi community:

1. Enhanced Scalability and Performance
   Cronos’ architecture delivers exceptional scalability, enabling faster transaction processing and reducing network congestion. By integrating with Cronos, Bounce Finance ensures that users can participate in auctions with improved efficiency and minimal delays.
   
2. Cost-Efficient Transactions
   Cronos offers cost-effective transaction fees compared to traditional Ethereum-based platforms. This means that users of Bounce Finance will enjoy lower costs when participating in auctions, making it more accessible to a broader range of participants.
3. Interoperability and Liquidity Opportunities
   With Cronos’ interoperability features, Bounce Finance will gains access to a wider network of blockchain ecosystems within the Cosmos network. This will open up exciting possibilities for cross-chain liquidity, allowing users to tap into a broader pool of assets and expand their trading opportunities.
4. A Future of Interconnected and Efficient Decentralized On-Chain Auctions
   As Bounce Finance continues to drive innovation and expand its Auction as a Service offering, the integration with Cronos represents a crucial step toward the future of decentralized finance. This integration will align perfectly with Bounce Finance’s commitment to providing cutting-edge solutions and empowering users with seamless and efficient auction experiences.

With the integration with Cronos, Bounce Finance embarks on an exciting journey towards a more interconnected, scalable, and sustainable decentralized future.

ABOUT Bounce Finance

Bounce Finance is a decentralized auction protocol that empowers users to create and participate in diverse types of auctions across multiple blockchain networks.

Website | Twitter

ABOUT Cronos Chain

Cronos is the leading Ethereum-compatible layer 1 blockchain network built on the Cosmos SDK, supported by Crypto.com, Crypto.org, and more than 400 app developers and partners.

Website | Twitter

RESOURCES

Bounce Finance

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As part of the partnership, Dora Factory will dedicate 70% of the network revenue it earns as a validator to fund hackathons and grants in the Cronos ecosystem. These funds will be managed by a decentralized autonomous organization (DAO) on the Cronos network, ensuring transparency and community input into the allocation of funds.

Cronos Labs is also pleased to announce a partnership with DoraHacks, a global hackathon organizer that seeks to create a sustainable developer community. DoraHacks successfully organized the first Cronos Hackathon in late 2021 with 64 project submissions. Together, Cronos Labs and DoraHacks will provide developers with the tools, resources, and support they need to create innovative decentralized applications (dApps) on the Cronos network.

Through hackathons, workshops, and other educational events, the partnership will foster a vibrant and sustainable developer community that can drive the growth and adoption of the Cronos ecosystem. The partnership will also promote diversity, inclusion, and collaboration within the developer community.

About Cronos Chain

Cronos (cronos.org) is the leading EVM-compatible Layer-1 blockchain network built on the Cosmos SDK, supported by Crypto.com, Crypto.org and more than 500 app developers and partners.

Cronos is building an open ecosystem where developers can create their own DeFi and GameFi applications, targeting a base of 80+ million users globally. In June 2022, Cronos Labs launched a $100M-funded Accelerator Program to help developers build new projects and the future of Web3 within the Cronos ecosystem.

SOURCE:

https://blog.cronos.org/p/cronos-welcomes-dora-factory-as-validator?r=1v2378&utm_campaign=post&utm_medium=web

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The Garden update on Veno Finance helps users to support the Veno ecosystem and earn VNO rewards from it. Rewarding VNO lockers with boosted yields.

What is Veno Garden?

Veno Garden is a new addition to Veno Finance. The goal of Veno Garden is to enable Veno Users to participate in the Veno ecosystem in an easy and user-friendly manner. Allowing them to earn more rewards from using LCRO and VNO.

Users will be able to deploy their LCRO and VNO in their partner protocols, directly from the Veno App. They can earn additional rewards by planting their LP in the Veno Garden. Users who lock VNO in the Fountain or Reservoir receive a watering boost on their Garden earnings. Providing additional rewards to VNO lockers.

In a later update, users can employ helpers to grow their gardens even further. Increasing their yield by staking NFTs.

How does it work?

Under the Veno Garden, users deposit their liquidity tokens in the corresponding Garden to earn VNO. The VNO yield is based on the user share of the total amount of liquidity of tokens planted in the respective garden.

For example, a user can provide liquidity for LCRO-CRO on Ferro Protocol and the user will deposit liquidity provider token LCRO-CRO-LP into the Ferro Garden. By doing so, the user earns VNO rewards.

Watering

To increase the yield that can be harvested from the garden, users can water it. Watering is done by locking VNO in the Fountain or Reservoir. The more VNO locked, and the longer the period, the larger the watering boost a user receives on all their gardens. The goal here is to reward long-term holders.

Helpers (coming soon)

In each Garden, users can employ up to 5 helpers. Meaning, they can stake up to 5 NFTs in a garden. As each helper is tending to the planted tokens, the garden grows and the yield increases. The amount of boost depends on the rarity of the staked NFT. This new boost will be added later.

Sustainable Tokenomics

The combination of liquidity incentives with VNO locking ensures that VNO holders are aligned with the long-term success of the protocol. Users who provide liquidity for Veno are rewarded in VNO. A large portion of these VNO rewards will be locked again in the Fountain or Reservoir, depending on the choice of the user. Deterring opportunistic liquidity providers and rewarding those who are in it for the long run. Likewise, users who have already locked their VNO can look forward to earning boosted rewards from their liquidity tokens.

This is just the beginning! As they build up the Veno Ecosystem, more gardens will be coming, and they love to hear your guess on the “Mystery Garden”.

Its mission for Veno Finance is to provide users with a one-stop solution for staking their $CRO, earning the highest staking yield and allowing for immediate liquidity on their holdings without the hassle of traditional staking methods.

Veno Garden is another milestone that brings them closer to fulfilling this mission.

Website | Twitter

SOURCE: MEDIUM

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The new integration enables Web3 developers to streamline and optimize dapp development on Cronos by using the all-in-one Tenderly development platform.

Introduction

Cosmos SDK, an open-source framework for creating multi-asset public Proof-of-Stake and permissioned Proof-of-Authority blockchains. Tenderly has added the first Cosmos chain to its list of more than 20 EVM-compatible networks.

Tenderly, an all-in-one Web3 development platform, accelerates blockchain development by combining essential tooling with observability and blockchain infrastructure. Web3 engineers are guided through every stage of development, including smart contract debugging, testing, deployment, and monitoring, by the platform.

Reliable Dapp Development Across Multiple Blockchains

“Tenderly integration with Cronos allows us to bring the value of a fully integrated all-in-one development platform to Web3 developers in the Cronos ecosystem. With the Tenderly development platform and Cronos’ foundational infrastructures, developers now have the essential tooling to help them accelerate smart contract development.” – Andrej Bencic, CEO and Co-Founder of Tenderly.

“Through our partnership with Tenderly, we look forward to providing Web3 developers with the infrastructure and by extension, the confidence to build a diversified range of Cronos-powered dapps. We’re excited to expand the possibilities for these developers, extending their reach within the Cosmos ecosystem and as a result, enhancing the efforts of the Cronos chain in onboarding the next billion users to Web3 and DeFi.” – Ken Timsit, Head of Cronos Chain and Cronos Labs.

Integration Highlights

The Tenderly-Cronos integration also enables Cronos platform developers to take advantage of the chain’s advantages, such as low transaction fees, quick transaction finality, and high throughput.

Web3 developers working on next-generation GameFi or other DeFi dapps will gain access to the comprehensive tooling required to build secure and user-friendly dapps as a result of the integration. They can also expand their user base by expanding their reach into the Cosmos ecosystem.

Web3 developers can further optimize their dapp development on Cronos with essential tooling, ensure smart contract correctness, and minimize production issues with the help of Cronos and Tenderly. Tenderly’s observability stack and infrastructure building blocks can also be used by Web3 developers to automate workflows while providing a better UX experience in their Cronos chain dapps.

Web3 developers using the Tenderly platform can now take advantage of the Cronos chain’s following advantages:

• EVM-compatibility: Cronos is powered by Ethermint, enabling developers to continue using Solidity to build on the chain. Developers can also port dapps from Ethereum and other EVM-compatible networks quickly and easily.
• High security: Powered by the Tendermint consensus engine, which is a Byzantine-Fault Tolerant (BFT) protocol, Cronos offers a high level of security to Web3 developers. The chain can mitigate malicious behavior as well as allow a third of its nodes to fail.
• Interoperability: Cronos supports the Inter-Blockchain Communication (IBC) protocol, an open-source protocol used to relay messages between independent distributed ledgers, linking one blockchain to another. This allows Cronos to easily communicate with other IBC-enabled chains in the Cosmos ecosystem, offering developers multi-chain functionalities.
• Support for GameFi dapps: The Cronos chain offers extensive support for the development of GameFi applications, equipping Web3 developers with a range of Cronos Play tools and services so they can easily build gaming dapps.

About Tenderly

Tenderly is an all-in-one Web3 development platform for building, testing, monitoring, and operating smart contracts from inception to mass adoption. It provides Web3 developers with superior development experience by combining essential tooling with observability and infrastructure building blocks. Tenderly allows smart contract developers to accelerate their process, improve team velocity, and build better and more reliable products faster. Founded in Belgrade, Serbia, in 2018, the company has a multi-continent presence, including an office in San Francisco. Tenderly, funded by Spark Capital, Accel, PointNine Capital, Abstract Ventures, Coinbase Ventures, Uniswap Labs, Daedalus, and angel investors.

Website | Twitter

About Cronos Chain

Cronos (cronos.org) is the first EVM-compatible Layer 1 blockchain network built on the Cosmos SDK, supported by Crypto.com, Crypto.org and more than 400 app developers and partners.

Cronos, building an open ecosystem where developers can create their own DeFi and GameFi applications, targeting a base of 70+ million users globally. In June 2022, Cronos Labs launched a $100M Accelerator program to help developers build new projects and the future of Web3 within the Cronos ecosystem.

Website | Twitter

SOURCE

https://www.prnewswire.com/news-releases/tenderly-adds-cronos-to-its-growing-list-of-supported-networks-expanding-support-for-smart-contract-developers-to-build-dapps-301724014.html

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VVS Finance launched VVSgotchi on Cronos, which offers a variety of quests and competitions to its users. Users can embark on expeditions with teams of up to five Miner Moles.

About VVSgotchi

The game adds tangible utility to the Miner Mole NFT collection by presenting opportunities for users to earn experience points. These points can translate to a higher NFT boost multiplier on staked VVS Crystal Farms. A leaderboard page will rank Miner Moles in relation to the amount of EXP earned. Will be broken down into five rarities – Common, Special, Rare, Epic and Legendary. The higher the individual Mole’s ranking is on the leaderboard, the higher its NFT boost multiplier.

VVSgotchi will  give users the opportunity to win Miner Mole NFTs. These benefits are in addition to VVS Finance’s Miner Mole NFT online perks and in-person event invitations. To take part, players must have purchased at least one VVS Miner Mole from the Minted Marketplace.

VVS Finance, as a simple, user-friendly, decentralized exchange, plays an important role in educating users about the power of Defi. VVSGotchi hopes to educate, attract, and onboard users to the crypto space. By implementing gamification, with users expected to become more involved in dApps as the crypto industry matures. VVSGotchi will build on the progress made by the VVS Finance Miner Mole NFT project in attracting more users to the Cronos ecosystem.

Management Quote

Ken Timsit, Head of Cronos Labs said:

“This recent addition to the #CROfam further enhances the efforts of Cronos chain in onboarding the next billion users to Web3 and DeFi by providing a diversified and exciting range of dApps. The launch of VVSgotchi will bolster the GameFi vertical, which has been a top priority vertical for ecosystem development programs such as the $100M-backed Cronos Accelerator Program. I am proud to see that we continue to see exciting new product launches on Cronos chain, even in these market conditions.”

VVSgotchi will also hold a contest to commemorate its launch. VVSgotchi will monitor its leaderboards for three weeks. From December 29 to January 19, 2023, and the top-ranked Mole in each rarity category will win an additional Miner Mole. Winners will be randomly selected to receive a Miner Mole NFT, which will also vary in rarity.

About VVS Finance

VVS Finance is the leading decentralized automated market-maker (AMM) on Cronos. It is design to be the simplest venue to swap and earn yields at the best available rate.

Built on the low-fee, high-speed Cronos blockchain, VVS Finance is a proven, audited protocol which stands out thanks to its comprehensive reward program. VVS Finance users can receive VVS, the governance token, and/or partner rewards by providing liquidity to the protocol or staking in Glitter mines.

Website | Twitter

About Cronos

Cronos is the first EVM-compatible Layer 1 blockchain network built on the Cosmos SDK, supported by Crypto.com, Crypto.org and more than 400 app developers and partners.

Cronos is building an open ecosystem where developers can create their own DeFi and GameFi applications. Targeting a base of 70+ million users globally. Earlier this year, Cronos Labs launched a $100M Accelerator program to help developers build new projects and the future of Web3 within the Cronos ecosystem.

Website | Twitter

SOURCE

https://www.prnewswire.com/news-releases/vvsgotchi-launches-on-cronos-expanding-dapp-ecosystem-with-utility-led-nft-game-301711021.html

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The Cronos chain is the first EVM-compatible chain built on the Cosmos SDK, which allows the rapid porting of dApps and smart contracts from Ethereum’s EVM compatible chains and will help in accessing even greater liquidity!

“We’re always on the lookout for more opportunities to expand our community’s choice. As soon as the Cronos listing was on the horizon, I knew we had made the right decision. Cronos is able to offer OpenOcean exceptional liquidity with all the familiarity of an Ethereum-like environment”
– Cindy Wu, Co-founder OpenOcean

The Most Efficient DEX Aggregator on Cronos

They have integrated most of the major liquidity sources on Cronos: VVS Finance, Ferro Protocol, MM Finance, Annex, CronaSwap, Crodex. With OpenOcean’s improved algorithm and deep liquidity sources, our platform gives better returns than other DEXs or DEX aggregators based on multiple parameters, including better prices, lower gas fees, lower slippage, and optimized routing.

Swap 1,000 $CRO to $USDT on OpenOcean; users get $0.17 extra from OpenOcean compared with using any DEX directly.

While swapping larger amounts like 1,000,000 $CRO to $USDT via OpenOcean, users get $7,838 extra from OpenOcean compared with using a DEX directly. As shown in the above image, algo splits routes to different DEXs to help find the best routes for users to get the best final swap returns.

Limit Orders with Optimal Fulfillment Rate on Cronos

Apart from swaps, they also provide limit order functionality on Cronos for traders to get their set desiring price for any supported tokens. Along with OpenOcean’ aggregation protocol, they implement both AMM & RFQ mechanisms in limit order function to help efficiently raise the fulfillment rate. OpenOcean is the only DEX aggregator with a full charting suite built for both swaps and limit order trades. Together with TradingView, they can cater to all kinds of users to execute their investment strategies. And enjoy a CEX-like trading experience.

About OpenOcean

OpenOcean is the most efficient DEX aggregator, integrating major DEXs across 17 blockchains. OpenOcean’s intelligent routing algorithm optimizes swaps for maximum returns and is completely free to use!

Website | Twitter

About Cronos

Cronos is the first EVM blockchain network to integrate with both the Ethereum and Cosmos ecosystems, supporting DeFi, NFTs, and the metaverse. Builders on Cosmos can instantly port apps and crypto assets from other chains. Including IBC assets at low cost, high throughput, and with fast completion. Cronos is supporting by Crypto.com, allowing developers. To get access to and target a base of 50+ million users globally.

Website | Twitter

SOURCE:

https://blog.openocean.finance/openocean-now-expands-to-cronos-95ed0b4f00fa

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As a key strategy of Go+ Security, cooperation with public chains aims to back up as many investors in multi-chain crypto markets with security assurance as possible. After Ethereum, BNB Chain, Polygon, Avalanche, Arbitrum, HECO Chain and KCC, Cronos is the next public chain that Go+ Security API supports, to help its active users and projects deployed on it avoid scam tokens and potential security risks.

With more than 1.4 million tokens detected, Go+ Token Security API is able to provide fast and accurate contract vulnerability detection results for tokens within the Cronos ecosystem automatically. Cronos dApps and wallets are able to integrate Go+ security API for free. Other security services such as Malicious Address API, NFT Security API, and Contract Security may also add support for Cronos network in the future.

About Cronos

Cronos is the first EVM-compatible layer 1 blockchain network built on the Cosmos SDK, supported by Crypto.com, Crypto.org and more than 250 app developers and partners. Their mission is to make it easy and safe for the next billion crypto users. This is to adopt Web3, with a focus on DeFi and gaming.

Cronos has already skyrocketed to the top 7 positions among all chains by total value locked (TVL) and is used by >800,000 users, growing at 20% per month. Cronos is powered by the Cronos ($CRO) cryptocurrency, which powers an ecosystem of more than 50 million users worldwide.

When developers build on Cronos, they can leverage. All Ethereum developer tools (Solidity, Truffle, Hardhat, OpenZeppelin, Web3.js, ethers.js, ChainSafe Gaming SDK, etc.); several leading wallets (MetaMask, Crypto.com Defi Wallet, Trust Wallet); wrapped versions of the world’s top 50 cryptocurrencies; Cronos Play, a suite of developer tools for Unity, C++ and Unreal game developers; IBC cross-chain connectivity to Cosmos chains; and a rich ecosystem of composable DeFi and GameFi Dapps.

Lastly, Cronos is supported by Cronos Labs, the ecosystem grant fund, web3 start-up accelerator, and incubator of Cronos chain.

Website | Twitter 

About Go+ Security

Go+ is working as the “security data layer” for web3, striving to build “everyone’s security tool”. By providing open, permissionless, user-driven Security Services. Go+ security engine covers Multi-chain with Multidimensional risk detection for both crypto projects and ordinary users.

Currently, Go+ has developed a complete, dynamic, and automated security detecting platform. Including token detection, NFT contract detection, real-time risk warning, dApp contract security, and interaction security.

In addition, Go+ security data API is open and permissionless for free integrations and partnerships. They welcome all kinds of cooperation, not limited to crypto data aggregators, DEX, crypto wallets, DeFi platforms, NFT platforms, etc. To build a safer Cronos ecosystem altogether.

Website | Twitter

SOURCE: MEDIUM

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The Pioneer 11 Testnet

Cronos has confirmed the deployment of its Cronos Gravity Bridge testnet.

Referred to as Pioneer 11, the Gravity Bridge is built to function as a “decentralized bridge between Cronos and the Ethereum mainnet.”

In its announcement, Cronos noted that the Pioneer 11 testnet differs from the official Cronos testnet. Since, it was built specifically for testing if the Cronos Gravity Bridge would connect to the Ethereum Goerli testnet.

About the Cronos Gravity Bridge 

In developing its Gravity Bridge testnet, the Cronos Chain engaged the use of Cosmos’ gravity bridge technology. This technology facilitates the transfer of ERC20 cryptocurrency tokens from and to Ethereum through a mint/lock mechanism.

Built with the aid of Cosmos’ PeggyJV gravity bridge project, Cronos’ Gravity Bridge testnet aims to allow the transfer of ERC20 cryptocurrency tokens and CRC20 tokens from and to the Ethereum network and the Cronos network using a similar mint/lock mechanism.

Put simply, here is how the Cronos Chain’s Gravity Bridge Testnet works:

• When a user sends assets from Ethereum to Cronos, the corresponding ERC20 token is locked in a smart contract on the Ethereum side and minted on the Cronos side in the form of a CRC20 token.
• When a user sends assets from Cronos to Ethereum, the corresponding CRC20 token is burned on the Cronos side, and the ERC20 token is released on the Ethereum side.

About Pioneer 11

In its announcement, the Cronos Chain further noted that Pioneer 11 consists of the following:

• Solidity Smart Contract: This smart contract is called “CronosGravity.sol” housed on the Ethereum testnet and holds the native ERC20 assets sent across the bridge.
• Orchestrators and Relayer(s): These are networks in charge of synchronizing the state of the Ethereum Goerli testnet and Cronos Gravity Bridge testnet. Fully decentralized, the orchestrators will be run by Cronos Validators. Relayer(s), on the other hand, is charged with sending signed updates to the Gravity Bridge contract on Ethereum.
• Cosmos SDK Module: Subject to an agreement among the Cronos validators, a Cosmos SDK module will be deployed to handle the minting of assets at the Cosmos layer of the Cronos chain.
• Cronos Hook Module: This will allow the automatic conversion between the assets at the Cosmos layer of the Cronos chain. And the equivalent assets at the EVM (Ethereum compatible) layer of the Cronos chain.

About Cronos

Cronos  is  the first Cosmos EVM chain for DeFi, NFTs, and Metaverse. It aims to massively scale the DeFi ecosystem. By providing developers with the ability to rapidly port apps from Ethereum and EVM-compatible chains. With funding from Cronos Labs’s $100m ecosystem fund.

WEBSITE | TWITTER

SOURCE: MEDIUM

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👉To start earning, visit Crystl Finance on Cronos.

A number of strategies will be available on June 14th for you to maximize your passive income as outlined below:

V3 Vaults

• $CRONA — $CRO
• $CRO — $USDC
• $BTC — $ETH
• $USDC — $CRONA
• $ICY Single Stake
• $CRONA Single Stake

Vaults are traditional yield aggregation strategies that farm rewards & reinvest into LP tokens. V3 Vaults are the next evolution of our Vaults product and benefit from higher efficiency, compounding frequency, and other features like support for ERC-1155. You can learn about V3 in our documentation.

Ultra Farms

• $CRONA — $CRO → Maximize $CRONA
• $CRO — $USDC → Maximize $CRONA
• $BTC — $ETH→ Maximize $CRONA [Boosted 🔥]
• $ATOM — $CRO → Maximize $ICY

Ultra Farms are just one revolutionary product made possible by V3 Vaults. Unlike Vaults, Ultra Farms earn & maximize a single type of token by farming it and then automatically staking it to earn interest. Ultra Farms bring many benefits and help support your favorite protocols. Learn more about Ultra Farms here.

What’s Next?

A Vault for $CRYSTL — $CRO [Boosted 🔥] will also be available next week. We will continue to expand our arsenal of strategies on #Cronos in the near future. Be sure to stay tuned to our Twitter page for further announcements!

About Crystl Finance

Crystl.Finance, the Premier Vaulting Platform that brings Maximized Passive Income to the masses through secure, transparent, & decentralized solutions on multiple blockchains.

Products:

• Vaults – are powerful investment instruments that offer users a hands-free and automated way to grow their crypto with daily compound interest.
• Ultra Farms – are a completely novel & original product that is only available on Crystl Finance.
• $CRYSTL Token – a hard capped supply of only 12,500,000 tokens.
• Revenue Sharing – generates revenue from the service fee of our automation products.

  Website | Twitter |

  Source

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