Cronos ID
  • Welcome to Cronos ID
  • What is Cronos ID?
    • Cronos ID Domains
    • Cronos ID Notifications
      • How Cronos ID Notifications Work?
      • Partner with Cronos ID Notifications
      • Terms & Conditions
    • Cronos ID Messaging
  • Core Utility Modules
  • Tokenomics
  • Domains Pricing Model
  • Roadmap
  • Release Notes
  • Our Partners
  • Get Involved
  • User Guides
    • Getting Started
      • Tokens Needed
      • Bridging Funds to Cronos
      • Connecting Wallet
    • Cronos ID Domains
      • Checking domain availability
      • Checking domain user profile
      • Minting domain
      • Managing domain profile
        • Editing domain profile
        • Adding cryptocurrency addresses
        • Transferring your domain
      • Adding domains to "My Favourite"
      • Claiming domains from direct transfer/NFT marketplace
      • Setting Default Domain
      • Renewing Domain
      • Sub-domain
        • Creating sub-domain
        • Editing controller of sub-domain
        • Managing sub-domain
      • FAQ
    • $CROID Staking Vaults
      • Staking $CROID into Vault
      • Claiming Vault Rewards
      • Staking Additional $CROID into Vaults
      • Upgrading Vaults
      • Unstaking $CROID from Vault
      • FAQ
  • Using Cronos ID on Crypto.com Onchain
    • Crypto.com Onchain Integration
    • For Crypto.com Onchain mobile app users
      • Setting wallet name
      • Sending token
      • Receiving token
      • Sending NFT
      • Receiving NFT
    • For Crypto.com Onchain Extension (Chrome) users
      • Setting wallet name
      • Sending token
      • Receiving token
    • FAQ
  • Fundamentals
    • Team Wallets
    • Tokens Supported
    • Smart Contracts
    • Security
  • Developers Resources
    • Github
    • Domain Integration
      • Use Cases
      • Integrating using ethers.js
      • Integrating using our SDK
    • Notification Integration
      • Submit Your DApp Info
      • Send notifications via our API
      • Integrating using our SDK
    • Metadata Service Guide
  • Extras
    • Protected Domains Policy
    • Community Guidelines
    • Cronos Labs Incubation
    • Risk Disclosure
  • Community Links
    • Twitter
    • Discord
    • Medium
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  • What is $CROID?
  • Revenue Share
  • $CROID Allocation

Tokenomics

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Last updated 2 years ago

What is $CROID?

$CROID is Cronos ID’s native and governance token to be utilised in Cronos ID’s broader ecosystem.

Within Cronos ID Domains, users will be able to utilise $CROID tokens to purchase 3 and 4 character names at a discounted price

Revenue Share

Cronos ID aims to provide a sustainable share of protocol revenue to our token holders:

  • 40% shared to Reward Pool stakers

  • 40% allocated to the Ecosystem Treasury

  • 20% used to buyback and burn $CROID

$CROID Allocation

A total of 1,000,000,000 (1 billion) $CROID tokens will be allocated as follows: