$KRONO - Layer Token

Introducing $KRONO, our first layered token that offers a unique anti-bot mechanism that blacklist holders who are using bots. This is to avoid the same scenario as seen in $CRONO where a couple of bots manage to secure a substantial amount of the initial supply, hindering the growth of $CRONO. Addresses that contain more than 5% of the supply will be flagged out and should they be deemed to be botting, they will be blacklisted.

Furthermore, we will be implementing to incentivise HODL-ing instead of short term trading, further protecting the price of $KRONO. This taxation will be split into 2 components in the following manner:

• Auto liquidity (3% will be used for adding liquidity to increase the depth of the pool)

• Burns (1% will be used for burns to reduce the supply available)

Smart Tax

Unlike other protocols that simply tax token holders whenever a transaction was made, we managed to implement our smart tax feature that allows users to deposit, withdraw and harvest without incurring tax. Users will only be taxed when they are BUYING or SELLING.

How does $CRONO holders benefit?

With a strong price for $KRONO, $CRONO are given the benefit to stake $CRONO with a higher multiplier and earn $KRONO. Furthermore, staking $CRONO will also contribute to our goal of 5m TVL for Eclipse day where we will be doing a 50k USDC worth of buyback and burns!