Website: https://casinocronos.com Discord: https://discord.com/invite/sfu6T3RBvN Hello Crypto.com enthusiasts — we’re announcing the launch of our DeFi product Casinocronos.com and our governance token Casinocronos.com Token (CASINO) Summary: • Fair launch — $.001 starting price on 02/10/23 • The casino will launch with several games with more to come later. Roulette, Craps, Slot Machine, Blackjack, Dice, and Coin Flip. • CasinoCronos.com token (CASINO) — a revenue generating governance token governing the CasinoCronos protocol on Cronos. • Casino Pit token (xCASINO) — Deposit CASINO tokens to the Casino Pit to earn rewards. Every swap includes a .30% liquidity provider fee which is sent to the Pit Breeder, converted and used to buyback CASINO token, and raise the ratio of CASINO to xCASINO. • Casinocronos.com — A unique mix of Defi products including ViperSwap, Bao Finance, and Uniswap. Casinocronos.com also boasts an online Casino where you can fairly gamble your earnings. • On launch Casino with single player games like Blackjack, Craps and Roulette. • Casino features a unique burning mechanism that sends 50% of proceeds to a burn address and 50% to the Casino treasury, ensuring constant upward pressure. • Yield farming — stake WCRO/USDC, WCRO/CASINO, WCRO/ATOM, ATOM/CASINO, (please see below for future pool release schedule) The yield farming system incorporates a 90% locked / 10% unlocked token unlocking schedule. • Emphasis on future pools for pairs with high volume on the Cronos bridge. • Future development of multiplayer casino games including poker & craps • Rewards start at block 6898882 at roughly ~4:00AM UTC 10th of Feb 2023 — Please farm responsibly • https://cronoscan.com/block/countdown/6898882 • Join our Discord Channel to connect with the community and the team: https://discord.com/invite/sfu6T3RBvN Tokenomics 1,000,000,000 max token cap with 90% of rewards initially locked. Tokens will slowly release starting approximately February 2024 over 1 year. We’ve built 4 treasuries to help development on CasinoCronos.com. Treasuries • Casino Fund— 5% of the tokens will be sent directly to the Casino to provide liquidity for Casino winners. • Development — 4% of the tokens minted will be used for development (grants, bounties, and technology advancements). • Liquidity Fund — 3% of the tokens minted will be used for additional liquidity for new pools and buy back/burns. • Founders Reward — 2% of the tokens will be used for incentivizing the founders. Pre-Mint CASINO tokens The treasuries have their own unique unlocking schedule. In order to provide initial liquidity and a smooth Casino experience we will pre-mint 80 million CASINO tokens. In addition to the 80 million CASINO tokens minted, we also have the option to mint an additional 80 million in the event of a CASINO liquidity shortage. Treasuries • 10,000,000 tokens for Development Treasury • 30,000,000 tokens for Liquidity Treasury • 40,000,000 tokens for Casino Treasury Emission Schedule The base emission for CASINO is 8 CASINO/Block which is 115,200 CASINO tokens per day before any multipliers. 90% of CASINO rewards are locked up until February 2024 and will slowly release over 12 months. Due to the lockup schedule, we are implementing a high bonus rate for early adopters and to help distribute our tokens. The initial multipliers are as follows: Week 1: x64 multiplier = 5120 CASINO tokens/minute Week 2: x64 multiplier = 5120 CASINO tokens/minute Week 3: x64 multiplier = 5120 CASINO tokens/minute Week 4: x64 multiplier = 5120 CASINO tokens/minute After the initial release month, the multiplier gradually decreases. The multiplier schedule is on a week-by-week basis and can be updated and to fit the needs of the project. Withdrawal Fees: • 40% fee if the user withdraws in the same block. (blocks ~ 2 seconds) • 25% fee if the user withdraws under 1 hour. • 15% fee if the user withdraws under 1 day. • 5% fee if the user withdraws under 3 days. • 5% fee if the user withdraws under 5 days • 5% if the user withdraws under 2 weeks. • 3% if the user withdraws under 4 weeks. • 1% if the user withdraws after 4 weeks. Roadmap Games — Multiplayer Poker, Multiplayer Craps, Baccarat Analytics site — Shortly after launch we will launch an analytics site where liquidity positions can be tracked. Casino NFT’s that players can set as their avatar in multiplayer games. Pool Release Schedule & Point Allocations The schedule of the new pools are as follows: 02/10/23 — WCRO/CASINO, WCRO/USDC, WCRO/ATOM, ATOM/CASINO 2/24/21 — CASINO/xCASINO, WCRO/ETH, WCRO/BTC, ETH/BTC 3/3/23 — CASINO/DOGE & CASINO/ADA, DAI/USDC 3/10/23 — CASINO/MATIC, CASINO/LINK, LINK/MATIC + more pools to be announced depending on bridge volume Tables of Allocation Pools are below: 02/10/23: WCRO/CASINO — 55 WCRO/USDC — 5 WCRO/ATOM — 10 ATOM/CASINO -15 2/24/21: CASINO/xCASINO — 35 WCRO/ETH —10 WCRO/BTC — 10 ETH/WBTC — 25 3/3/23: CASINO/DOGE — 15 CASINO/ADA —10 DAI/USDC — 2 3/10/23: CASINO/MATIC — 20 CASINO/LINK— 20 LINK/MATIC — 15 Smart Contracts Our smart contracts forked mostly from ViperSwap & Uniswap * UniswapV2Factory.sol, UniswapV2Router02.sol, UniswapV2SubGraph and other helper libraries * ViperSwap: Pit.sol, PitBreeder.sol, MasterBreeder.sol UniswapV2 * https://github.com/elephantproject/core/tree/main/contracts * https://github.com/elephantproject/periphery/tree/main/contracts * https://github.com/elephantproject/lib/tree/main/contracts Viperswap * https://github.com/elephantproject/contracts/tree/main/contracts Deployed contracts Smart contract code is available at: https://github.com/elephantproject Deployed contract addresses: GovernanceToken (CASINO): 0x95ac4a86c0677971c4125ACe494e3C17a87a4C61 MasterChef: 0x81b5118bF8A720B19FEC6F3078d2b555790cb0AB Casino Pit: 0x2c7e38eeB92F5402A6B43520a4d92F0fe4Cad1B1 PitBreeder: 0x0851a7fc0c60Eea48c74Cf64Fa8498d0B8642c96 UniswapV2Factory: 0x570aA1E0aa3d679Bc9DaAA47564ed3Daba1208FE UniswapV2Router02: 0x6c41f8d6366937c8680ad783281ce4b1C4E50571 UniswapV2Router01: Treasuries Developer Treasury: 0xb837ca785b526037c572DCB98D77930115eC2d9D Casino Treasury: redacted for security Liquidity Treasury: 0xB0B5Aa9faB7186B7bB3986Bb7325007816F08Ed6 Founders Reward: 0x06e5f56652432E4aECfb568ca5ed9d7AE30A1BbA
