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Latest updates
No more blog updates. To see latest news, please follow us in:
Twitter: https://twitter.com/IcyCro
Medium: https://medium.com/@IcyCRO
Telegram: https://t.co/BDFTTGErlZ
September updates
03.09 - Validator Promotions for Sep-Dec
https://medium.com/@IcyCRO/validator-promotions-for-sep-dec-768be8911f2f
August updates
No articles in August.
July updates
We are using Medium now for the updates, but we will post links there also.
26.07 - JUNO promo — $1k+ Prize pool
https://medium.com/@IcyCRO/juno-promo-1k-prize-pool-74f0770d4dba
19.07 - Community validator booster — Golden Ratio Staking
https://link.medium.com/KjKp5sYgqtb
03.07 - ICY two year plan:
https://link.medium.com/Bue7SLzmmrb
June updates
We are using Medium now for the updates, but we will post links there also.
June ICY update:
https://twitter.com/IcyCro/status/1539559878255161346
May updates
We are using Medium now for the updates, but we will post links there also.
May ICY update:
https://twitter.com/IcyCro/status/1528678996535287808
03.05 - Community validator booster — ECO Stake
https://medium.com/p/2608763fedf2
Winners: https://www.icycro.org/winners
April updates
We are using Medium now for the updates, but we will post links there also.
27.04 - Cosmos promo — $6k+ Prize pool — Part 2
https://medium.com/p/af277a231db6
18.04 - Cosmos promo — $6k+ Prize pool
https://medium.com/p/5ed90ee7943e
Best regards,
IcyCRO Team
26.03.2022 - March updates
Validators:
While we have ICY token, NFT game and many other things, validators are always the centre point of this project.
We have 21.7M CRO of delegations on IcyCRO.org and Obsidian Crypto.org validators.
Growth of 2.9M in one month and 6M in two months.
We launched an updated sentry node to optimize the validator performance. They are already one of the best in Crypto.org, but there is always room to improve.
Farms:
We have two CRO-ICY farms now. Photonswap (https://photonswap.finance/) and Crodex (https://crodex.app/).
Photonswap farm is running for 140 days now. No-one likes changing farms every 28 days and ICY is not supposed to be a too hectic project.
Second CRO-ICY farm opened also to Crodex in early March.
Both farms will award 10k ICY per week in April.
About 60% APR currently.
Single staking ICY:
If you have ICY, but no CRO to pair with, you can use the new ICY mine on Photonswap.
Just stake your free ICY and collect interest. You always get the same ICY back with the interest when you unstake. You are free to claim interest and restake anytime you want.
First single stake mine will be running for 140 days and a new one will start after it.
About 30% APR currently.
Vaults:
Two Crystl vaults running, one on Crodex and one on Photonswap.
Get automated compound interest. Vault automatically sells half your ICY interest once per day and stakes the extra CRO+ICY to collect more interest.
If you wish to use these, you need to remove LP tokens from the normal CRO-ICY farm and add them to the CRO-ICY vault in Crystl.
Balancer:
ICY buybacks continue like before. We use 5-20k CRO per month to buy back ICY when the value is lower than 6.5 ICY per CRO.
ICY VIP Stakes:
We got one stake upgrade. Jade #051 upgraded to a VIP .
#065 stake will be available this month for 50k/100k stakers. Contact us, if anyone is interested about a permanent monthly chance for the Jackpot, 10% APR and other VIP benefits.
Investing Pool
Instead of using temporary income to give one time boost for the Jackpot, CROs will be moved to the Investing Pool and staked or farmed. This will increase our CRO flow to the Jackpot in the long term.
During 2022-2023 all the interest is staked, 2024 we will split it 50-50 with restaking and Jackpot and from 2025 onwards 100% of the interest will go to boost the Jackpot.
On 26th of March we have:
152.4k CRO in: cro1pcz9su5lk75q2lws0g68qy3u84gxxua4jt520z
$6k of CRO+ICY in: 0x7f167462040E7492C0C00d4b3fd1F8339Bf5C500
280k ICY in: 0x21Ae7D23d33E7b51eeA0aA02BA775A09b113d1aE
ICY Burns:
Currently we have burned 15M/100M of the ICY tokens. Token burns will continue when more tokens are unlocked and not needed for the bonuses/projects. Bigger update on this later on Q2.
New wallets:
0x7f167462040E7492C0C00d4b3fd1F8339Bf5C500 (Cronos - Investing pool)
Best regards,
IcyCRO Team
23.03.2022 - IcyCRO.org validator staking competition
IcyCRO.org booster
https://www.mintscan.io/crypto-org/validators/crocncl13sspaluakmld27em3duhmkzxy8g6frrfl89gnq
As we have no other validator events in March, we offer great prizes for IcyCRO.org delegators.
You can earn over 15% APR instead of the normal 10%-12.35% on other validators.
First prizes are awarded on 31st of March.
Jackpot ticket and 2k ICY raffle
One of the top100 delegators will receive the IcyCRO Ruby Jackpot ticket #097 and 2k ICY.
Everyone who is in the top100 list of biggest IcyCRO.org validator delegators will have an equal chance.
Currently (23.03) you would need 34.3k CRO delegations to be in the top100.
Winner will be decided by a txhash of 1 ICY burn on 31st of March.
Huge awards for top10 delegators.
Ten biggest delegators will each get a 5k ICY prize (~700 CRO).
This can increase the APR from 12.35% to close to 20%.
Top10 list snapshot will be taken in the evening on 31st, just before the raffle.
Extra prizes for the ICY VIP stakers:
Extra 10k ICY is split between all ICY VIP stakers who are in the top100 of the delegators.
Future:
We will have quite similar competition every month during the spring.
Best regards,
IcyCRO Team
03.02.2022 - February updates
Icy Squid Game
Our NFT game with Cronoseyez.
Launched on 20th of January and the first game is played on 11th of February.
Already 461/1000 minted
ICY based economics and minting.
Easy way to get a chance to win the IcyCRO Jackpot. Each NFT has a small chance to win it.
Balancer wallet updates
As the point of the Balancer is to keep the CRO-ICY ratio quite stable, it sometimes needs a bit more CROs to do it. Usually 4% of the Jackpot pool goes for the Balancer, but we will boost it in the future, if the value of the ICY goes too low:
If the price of the ICY goes lower than 6.5 ICY per CRO at time of the Jackpot raffle, we will give one time 2x boost to the Balancer (4%=>8%).
If the ratio goes lower than 7 ICY / CRO then the boost is x3 (4%=>12%).
Basically just more buybacks in some special situations to keep the ICY-CRO ratio steady. ICY from the buybacks is used to upgrade the Balancer's jackpot stakes, so this will also give more CROs in the long term for the buybacks.
Investing Pool
Instead of using temporary income to give one time boost for the Jackpot, CROs will be moved to the Investing Pool and staked. This will increase our CRO flow to the Jackpot in the long term.
This will apply for the NFT sales, royalties and other temporary income.
During 2022 all the interest is staked, 2023-2024 we split it 50-50 with restaking and Jackpot and from 2025 onwards 100% of the interest will go to boost the Jackpot.
On 3rd of February we have there:
79.3k CRO in: cro1pcz9su5lk75q2lws0g68qy3u84gxxua4jt520z
600k ICY in: 0x21Ae7D23d33E7b51eeA0aA02BA775A09b113d1aE
Burnicy:
As staking isn't currently possible and we have so many other events, we will only have one Burnicy event per month. This is always on 15th of each month at the same time than the Jackpot game.
New wallets:
cro1pcz9su5lk75q2lws0g68qy3u84gxxua4jt520z (Crypto.org - Investing pool)
0x21Ae7D23d33E7b51eeA0aA02BA775A09b113d1aE (Cronos - Investing pool)
0x43512d98e25AfFEA05e97b31d409FD84b136Ba58 (Icy Squid Game prize pool)
Wallet movements:
600k moved from Projects to the Investing pool.
400k moved from airdrops to Icy Squid Game prize pool (0x43512d98e25AfFEA05e97b31d409FD84b136Ba58)
Best regards,
IcyCRO Team
25.01.2022 - Validator Booster #05 - Icy Squid Game
Today we are boosting Icy Squid Game validator to top100
This is the first NFT game validator in Crypto.org. Delegators will get valuable NFT drops and all the fees earned will go to prize pools. They will be divided 50-50 with Icy Squid Game prize pool and IcyCRO Jackpot pool.
Validator address:
crocncl19zsj3eyhk678nz5z0nxgy5fsavw9dx347r9gfr
Mintscan:
https://www.mintscan.io/crypto-org/validators/crocncl19zsj3eyhk678nz5z0nxgy5fsavw9dx347r9gfr
Current situation in Crypto.org
In the last weeks the traffic in Crypto.org has increased a lot and some of the lower quality validators can't keep up anymore. We have seen validators been in jail for 10+ days and some miss thousands of blocks each day.
There is now room to boost one quality validator to the top100.
This is our last validator event in Crypto.org and we will see expansion possibilities in other Cosmos chains after this.
Prizes pool
Validator event starts today at 12.00 GMT and ends 24 hours later.
Snapshot of top delegators will be taken at 12.00 GMT on 26th of January. If you are one of the top100 biggest delegators then, you may win huge prizes.
Top delegator gets the IcyCRO VIP Jackpot ticket #100 for February (value 0-50k CRO).
Each of the top5 delegators will get an IcySquid Viking NFT (value 350 CRO).
Each of the top10 delegators will get 2k ICY (value 300 CRO).
One random top100 delegator will the IcyCRO Ruby Jackpot ticket #097 for Feb (value 0-12.5k CRO).
Special offer of ICY stakers (VIP / Jade / Ruby).
If you delegate over 10k CRO during the first eight hours of the event:
You will extra 1k ICY for each 10k CRO delegated (max 50k ICY).
Offer is open to Ruby / Jade stakers also, but they get 25% or 50% of the ICYs.
Best regards,
IcyCRO Team
21.01.2022 - January updates
CRO Jackpot and Burnicy #5 on 15th of January
Winning number was 708 and we had one winner this time. Here is the link to the deciding transfer:
https://cronos.crypto.org/explorer/tx/0x30d9fee6e3c9fb417362cba4acb7161d9d6c777b973bd0bfaf09f1e49c7b0f8d/token-transfers
CRO Jackpot awarded 11970 CRO + 9180 ICY.
In this Burnicy event 212500 ICY was burned and 2.1k ICY was airdropped to a winner.
Our next Burnicy is on 28th of January.
Icy Squid Game
Our NFT game project launched on 20th of January and progress has been quite good. 259/1000 NFTs have already been minted. More info in:
https://www.icysquidgame.com/
If you don't have ICY staked and one of the 100 tickets, owning one of these NFTs gives you a small chance to win the Jackpot also.
Jackpot game updates
As much of our Jackpol pool is kept 50-50 on CRO and ICY in the liquidity pool, it makes things easier, if we pay the prizes also 50-50 in CRO and ICY. This also allows us to increase the prizes.
These increases will be done for the February Jackpot:
15% => 16% for the main jackpot winner (all three numbers correct).
2% => 3% goes for the one with the last two numbers correct.
2% => 3% is shared with everyone who has the third number correct.
2% => 4% goes to the Balancer wallet for ICY buybacks.
New Event
Try to be online on 25th of January, so you won't miss anything.
Best regards,
IcyCRO Team
29.12.2021 - Burnicy #4, ICY burn and tokenomics.
Burnicy #4
Winning number was 325 and we had one winner this time. Here is the link to the deciding transfer:
https://cronos.crypto.org/explorer/tx/0xec6af1cadde0310c3ee883b2565ae7d39e3c85a3ee7cafd7e77f1e3ef573e2e5/token-transfers
In this Burnicy event 11,038,370 ICY (over 1M USD) was burned and 2.1k ICY was airdropped to a winner, who has been informed already.
Special ICY burn, 11M ICY was added to the Burnicy (11% of the total supply).
As our projects and games go forward, it's easier for us to know how much ICY is needed to reach our goals. Also as CRO value is much higher than it was couple of months ago, we need much less ICYs than we expected.
When we have more ICY unlocked than is needed for the events/projects/promotions, we will burn these ICYs in special Burnicy events 1-2 times per year.
Today was first of these events and we burned 11M ICY (1M USD):
9M ICY from the Project wallet.
2M ICY from the Burnicy wallet.
ICY Tokenomics
Total supply of ICY was 100M.
12,777,280 ICY has been burned.
70,000,000 ICY is locked for 6 months - 6 years.
6,600,000 ICY has been staked for 2 years.
Projects wallet has 2,194,748 ICY unlocked.
Bonus wallet has 2,852,000 ICY unlocked.
Airdrops wallet has 1,139,551 ICY unlocked.
Burnicy wallet has 2,622,393 ICY unlocked.
Developers wallet has 0 ICY unlocked.
Best regards,
Juha and the IcyCRO Team
16.12.2021 - First CRO Jackpot and Burnicy #3 and future events.
Our first CRO Jackpot was on 15th of December at 19.00 GMT. Jackpot pool was 400k CROs at the moment.
Winning number was 992 and no-one won the main jackpot, but six people won 8k CRO + 8k ICY.
In Burnicy 198.1k ICY was burned and 215k ICY was airdropped to the winners.
Details of the winners will be available on the Winners page later.
Next Burnicy
We will have one event on 29th of December. No extra promotions, but one last chance to collect enough ICY for staking.
Limit on amount of stakes is set to 100.
Currently there are 58 stakes and total of 5.3M ICY is staked for two years.
We have now locked the maximum amount of stakes / tickets to 100 and then new tickets won't be available before December 2022.
If you wish to have a chance for the CRO Jackpots, you can stake 25k ICY to get an Icy Ruby ticket and get yourself one of 100 ticket numbers. You can later increase the stake to 50k or 100k.
This is how is the CRO Jackpot pool is shared on 15th of January and onwards:
77-91% is saved as a seed fund for the next jackpot.
15% is given to the jackpot winner (all three numbers correct). If no winner, CROs go back to the pool.
2% goes for the one with the last two numbers correct. As there are 100 tickets, there will be one winner every month.
2% is shared with everyone who has the third number correct. As there are 100 tickets, there will be ten winners every month and each will get 0.2% share of the Jackpot pool.
2% goes to the Balancer wallet for ICY buybacks.
3% goes for the server and management fees.
Prizes depend on staking level of the winning ticket:
ICY VIP (100k staked) gets amounts mentioned above.
Icy Jade (50k staked) gets 50% of the Icy VIP's amounts.
Icy Ruby (25k staked) gets 25% of the Icy VIP's amounts.
Best regards,
Juha and the IcyCRO Team
12.12.2021 - Changes to staking, CRO Jackpots and sticky token on 17th of December
Our first CRO Jackpot will be on 15th of December at 19.00 GMT. Jackpot pool is about 370k CROs at the moment.
After this we will make some changes on 17th of December.
Limit on amount of stakes
Currently there are 50 stakes and 4.75M ICY staked.
We will lock the maximum amount of stakes to for example 100 and after 100 is full, staking won't be possible until it is reopened again. It may happen in November of 2022 or later. This allows us to make long term plans for the CRO Jackpot game easier.
If you wish to have a chance for the CRO Jackpots, you can stake 25k ICY to get an Icy Ruby ticket and get yourself one of 100 ticket numbers. You can later increase the stake to 50k or 100k.
Sticky token and Balancer wallet
Keeping CRO-ICY price at 1:6 or higher needs a steady stream of CROs to the Balancer wallet. We have some new plans for this:
We change the Jackpot structure and every month 2% of the pool goes to Balancer wallet for ICY purchases.
When Balancer buys ICYs from the market and has collected at least 100k ICY, it will start investing them in Icy VIP level tickets. If one of the tickets wins, Balancer wallet will get more CROs for ICY purchases.
In late January we will publish an NFT game with one of the most popular NFT artists on Cronos. 10% of the NFT sales will go to the Balancer wallet.
CRO Jackpot pool distribution will be updated to keep it running smoothly in long term
How is the CRO Jackpot pool is shared on 15th of January and onwards:
77-91% is saved as a seed fund for the next jackpot.
15% is given to the jackpot winner (all three numbers correct). If no winner, CROs go back to the pool.
2% goes for the one with the last two numbers correct. If there are 100 tickets, there will be one winner every month.
2% is shared with everyone who has the third number correct. If there are 100 tickets, there will be ten winners every month and each will get 0.2% share of the Jackpot pool.
2% goes to the Balancer wallet for ICY buybacks.
3% goes for the server and management fees.
Prizes depend on staking level of the winning ticket:
ICY VIP (100k staked) gets amounts mentioned above.
Icy Jade (50k staked) gets 50% of the Icy VIP's amounts.
Icy Ruby (25k staked) gets 25% of the Icy VIP's amounts.
Best regards,
Juha and the IcyCRO Team
10.12.2021 - Community Booster #4 completed and other updates
We have been busy lately and a lot of things have been happening.
Crypto.org Chain Mainnet : Phase 2: Draco II Network Update was on 7.12.
All our servers were updated in less than 10 minutes and we had to wait 60 minutes more after that until CDC and others got their servers updated (they have a bit slower ones).
0 missed blocks and all went smoothly even if it was at 3AM Finnish time.
You can read more about Crypto.org Chain Phase 2 DRACO II update from here:
https://medium.com/crypto-org-chain/crypto-org-chain-dev-update-17-fd6a3d2a2db7
Community Booster #4 - Greennode and Satay Stakers
As 10 validators got jailed during the upgrade as they forgot to update their servers, two community validators tried to fight their way to the top100 list.
In the beginning we gave a 50k CRO support delegation for both, Satay Stakers and Greennode.
On the next day only Greennode was left as Satay Stakers couldn't collect enough delegations and we organized a small community booster for Greennode and they went from 400k CRO to 1.5M CRO and survived.
96.2k ICYs were credited to the people who participated in this event.
Winner of the Icy Ruby ticket for the 15th of December game is the following address:
cro1cdmv298cw39eakav896jvtrfues5dqe6tph0vc
CRO-ICY farm in Photonswap
We also launched our first farm on 7th of December. Currently you can get about 200% APY in ICY from farming.
To farm, just follow these instructions:
Have some CRO and ICY in your Metamask.
Go to https://photonswap.finance/#/farm
Click "Deposit" button on CRO-IcyCRO
Click "Add CRO-ICY liquidity"
Enter the amounts and click "Supply".
Confirm the transaction.
Wait 10s-20s.
Click "Farms" from the top menu.
Go to CRO-IcyCRO and click Deposit.
Deposit your liquidity tokens.
Archives
We added Archives page where older blog posts were moved. You can find it from the top menu.
Future events:
12.12 - Update about future CRO Jackpots, sticky token and balancer wallet.
15.12 19.00 GMT - First CRO Jackpot event and 3rd Burnicy.
End of December - Possibly Community Booster #4 validator event.
15.1.2022 - 2nd CRO Jackpot.
Late January - We publish our NFT game.
Best regards,
Juha and the IcyCRO Team
03.12.2021 - Burnicy #2
This is the last Burnicy before 15th of December, so you have chance to test your luck and see, if you can collect enough ICYs for staking and for the free entry for the CRO Jackpot raffle.
We have some changes since made since the first Burnicy event:
100 ICY option was added. Burn 100 ICY and you may get airdrop of 100k ICY.
500 ICY burn has chance for 100k ICY airdrop also.
Two closest misses will get airdrop of 2x their burn tx amount. If the winning number is 555, then 544 and 546 would be the closest numbers.
Full rules are here:
https://www.icycro.org/burnicy-game
Best regards,
Juha and the IcyCRO Team
28.11.2021 - New staking levels and benefits
Originally we had only two staking levels 500k and 100k, but as CRO and ICY values went up so much in the last few weeks, we will add two new levels to make it easier for everyone to reach some of the staking levels. New levels are Icy Jade and Icy Ruby.
Our first new VIP benefit is 10-20% CRO cashback from Jeffreyrentals.com. Starting from February 2022.
We also added 5-10% APR interest for the higher levels. This is paid in a lump sum after the staking period is full (2 years).
Please note that you can combine different levels. 125k ICY staked for example would give you one Icy VIP ticket (100k ICY) and Icy Ruby ticket (25k ICY).
Staking levels:
⚫ Icy Obsidian:
500k ICY staked.
All the same benefits than you would get by staking 5*100k (5* Icy tickets to the CRO Jackpot).
Unique NFT.
Oaken ICY token.
20% cashback as CROs from Jeffreyrentals.com (starting in February 2022, max 1k CRO per year).
🧊 Icy VIP:
100k ICY staked.
Icy ticket to the monthly CRO Jackpot).
10% APR interest for two years. Paid after the staking period is full.
10% cashback as CROs from Jeffreyrentals.com (starting in February 2022, max 500 CRO per year).
🟢 Icy Jade:
50k ICY staked.
Jade ticket to the monthly CRO Jackpot (unique ticket number, but 50% of the Icy ticket prizes).
5% APR interest for two years. Paid after the staking period is full.
🔴 Icy Ruby:
25k ICY staked.
Ruby ticket to the monthly CRO Jackpot (unique ticket number, but 25% of the Icy ticket prizes).
Best regards,
Juha and the IcyCRO Team
27.11.2021 - Community booster #3: Jeffreyrental.com
Today we have our third community booster event.
Event started today at 09.00 UTC and ends 18.00 UTC.
This time booster event is only open for ICY VIPs (100k ICY staked).
Jeffreyrental.com
Mintscan:
https://www.mintscan.io/crypto-org/validators/crocncl1qz7k6tlc37u02yw95pp2rx2dgw0uraxaxne0v8
Address for delegations:
crocncl1qz7k6tlc37u02yw95pp2rx2dgw0uraxaxne0v8
Fees:
0% until February, 8% after.
How many ICYs you will get depends on how much you delegate to the validator today before the deadline:
Minimum delegation 10k CRO.
For every 10k CRO delegated, you will receive 2k ICY.
Maximum you can get is 20k ICY.
ICY drop will happen on 28th of November.
When does the event end?
18.00 UTC on 27th of November 2021.
Who is eligible:
A: Only ICY VIPs (who have 100k or more ICY staked)
More info about this validator:
Jeffreyrental.com people have been long time Crypto.com fans and we made interesting deal with them:
This validator permanently donates 20% of the collected fees to the IcyCRO.org Jackpot Pool.
There will be CRO cashback for ICY VIPs for rentals.
More info about the details on Sunday.
Thank you all for participating .
Best regards,
Juha and the IcyCRO Team
19.11.2021 - IcyCRO.org - Governance Proposal #1 - Sticky token and Jackpot rules
Our first governance proposal voting starts at noon (12.00) UTC on 19.11.2021.
Everyone with 100k ICY staked gets to vote. Each 100k staked = one vote.
4.3M ICY staked total, so voting ends when one option gets 22 votes (or which option gets more votes in 12 hours).
If you are eligible to vote, send 0.11 or 0.12 CROs to:
0xa8eA69C0e750a619298882A07813dD928faD3496
https://cronos.crypto.org/explorer/address/0xa8eA69C0e750a619298882A07813dD928faD3496
0.11 = Yes to the proposal.
0.12 = No to the proposal.
Sticky Token
Most people know what a stable coin is (USDC, USDT...), but very few people have heard about sticky tokens. This is because ICY will be the first (AFAIK).
For many clear reasons ICY's value will follow CRO quite closely:
- Only trading pair is ICY-CRO.
- This is the community token of CRO and most of the projects are CRO related.
- Our Jackpot Pool is stored as CRO and awarded as CRO.
To make the ICY-CRO pair even more tight, to avoid excessive volatility and to improve liquidity we are introducing the sticky token protocol:
- Market will decide the ICY value, but if it tries to go too far, purchases from the Balancer Pool will try to push it back to the trading range.
- Starting value of the Balancer Pool(s) is about 50k CRO and 500k ICY, but will be increased to 300k CRO and 5M ICY.
- If the Balancer pool(s) will go over 300k CRO or 5M ICY, extra CRO will go to the Jackpot Pool or extra ICY will be burned
- If ICY value goes over 2 ICY = 1 CRO, Balancer Pool starts buying CRO from the market.
- If ICY value goes under 6 ICY = 1 CRO, Balancer Pool starts buying ICY from the market.
- If proposal goes through, it doesn't guarantee that ICY's value stays always between 2-6 ICY per 1 CRO, but it will make it very sticky.
- Bracket can be changed in the future with a new governance proposal.
Jackpot Pool - One ticket per month in social media.
- Ticket number 777 is given for free each month on social media competitions.
- Each month we organize up to 10 smaller social competitions with ICY prizes.
- Winner of each small competition gets also one ticket for a raffle where they have at least 1/10 chance to win the 777 ticket for one month.
Jackpot Pool structure
- Jackpot Pool is divided into two different places: IcyCRO-org validators' wallets (IcyCRO.org and Obsidian) and in PhotonSwap liquidity pool for ICY-CRO pair. Other dexes may be added in the future.
- 60-90% of the Jackpot Pool will be kept on wallets of IcyCRO.org validators in Crypto.org (Obsidian and IcyCRO) where they earn 12-15% APR.
- 10-40% of the Jackpot Pool will be kept in PhotonSwap's ICR-CRO liquidity pool and this is usually used to pay the monthly winners.
- When part of the Jackpot is won, the required amount CRO+ICY from the Jackpot Pool is removed from the pool, is converted to CRO on market and sent to the winners.
Best regards,
Juha and the IcyCRO Team
17.11.2021 - CRO Community Competition #1 - Who we are - 30k ICY prizes (~$1500)
Many of you have known me, Zanglang and Erik for a long time. Since Cronos was launched, a lot of new people have joined and we have got many questions about what we do and why.
To keep the introduction short, we have a small competition for Reddit, Twitter and Telegram:
1. Post a funny or interesting picture to this thread in the next 60 hours. Can be photo, drawing, meme or something else.
2. At 23.00 UTC on Friday this competition ends and we choose the best three.
3. Winner gets 15k ICY, 2nd 10k ICY and 3rd 5k ICY (1 ICY = about 5-6c).
If you don't want to participate, then just like the posts that you think are the best and help us choose the winner.
So who we are and what we do in our IcyCRO project.
I was thinking about this for a while and this list probably explains it quite well:
- Community token project.
- Fun and games.
- Community validator launchers. Boosting reliable low fee community validators to Crypto.org and knocking out bad actors.
- Creators of controlled decentralization.
- Support to community members against scammers (100k CRO almost lost to scammers - https://twitter.com/Macierewicz_/status/1458975115350323202).
Or you could just think of us as a Justice League running a bingo hall.
You can read more from:
Or just skip that and participate in the competition :)
I will start with these two:
"If we minted 100M tokens and carved two, are these counted for the marketcap also?"
https://imgur.com/gallery/iLKcyug
"I only hodl CRO and ICYs."
https://imgur.com/gallery/FnrtGqv
Best regards,
Juha and the IcyCRO Team
15.11.2021 - Dex launch. What can you do on PhotonSwap?
Dex launch
Our ICY-CRO pool is now active and starting liquidity was 300k CROs and 1.5M ICYs and price 1 CRO = 5 ICYs.
You can buy and sell ICYs in PhotonSwap. You can also provide liquidity for the ICY-CRO pool and earn your share of 0.3% fees that traders are paying. They are divided equally between all liquidity providers based on share of the liquidity.
How to trade ICYs?
Connect your Metamask with the "Connect to a wallet" button in right upper corner.
Choose the CRO-ICY pair.
Choose the amount you wish to swap.
Click "Swap".
Approve transactions.
How to provide liquidity for the ICY-CRO pool?
Click "Add Liquidity".
Choose amount.
Click "Supply"
By adding liquidity you'll earn 0.3% of all trades on this pair proportional to your share of the pool. Fees are added to the pool, accrue in real time and can be claimed by withdrawing your liquidity.
There are always risks providing liquidity to the pool. You can read more from:
https://academy.binance.com/en/articles/impermanent-loss-explained
Dex launch promotion for the Icy+ level liquidity providers.
10k ICY airdrop:
This promotion is only open for Icy Staker+ level VIPs (100k+ ICYs staked).
For every 2k ICYs you add to the PhotonSwap ICY-CRO pool in 8h after the launch, you will get airdrop of 1k ICYs. Max 10k ICYs per person. Drop will happen after three months, if you keep the liquidity in the pool until then.
Top5 Icy+ level liquidity providers.
This promotion is only open for Icy Staker+ level VIPs (100k+ ICYs staked).
10k-50k ICY prizes, total of 120k ICYs.
There are extra prizes for top5 highest liquidity providers in first 8 hours, if they keep at least the same liquidity for 6 months.
1st: 50k ICYs
2nd: 30k ICYs
3rd: 20k ICYs
4th and 5th: 10k ICYs
Best regards,
Juha and the IcyCRO Team