Community token for the Cronos network. Powered by CRO.
Tokenomics
100M ICYs were minted on 9th of November 2021 just after the Cronos network was launched.
ICY
Total of 100M ICYs were minted on 9th of November 2021 and no new ICYs will be ever minted again.
There will be monthly token burns, so the total amount of ICYs will get lower over the time.
In the launch, 70M of the tokens are locked for up to six years.
Tokenomics:
There are total of 100M ICY tokens in the Cronos network.
All prelaunch events were open to the public and there were no private sales or airdrops.
Token contract address:
0x8F857Af6Ea31447Bb502fE0E3F4e4340CDFCfc6C
https://cronos.crypto.org/explorer/address/0x8F857Af6Ea31447Bb502fE0E3F4e4340CDFCfc6C
PhotonSwap address:
https://photonswap.finance/#/swap
ICY-CRO farm on Protonswap and Crodex - 10k ICY per week:
https://photonswap.finance/#/farm
https://swap.crodex.app/#/rewards/pair
Project rewards 40% (40M)
Validator launches, community projects, expanding to other networks and much more.
24M will be locked and released during the next six years. Released 4M per year.
https://cronos.crypto.org/explorer/address/0xd6112CeB36c378A0eB27A530de5A5CAaDa8A9c49/tokens
Bonus pool 30% (30M)
This will cover the Icy Builder awards and extra ICYs in CRO Jackpot prizes.
25M are locked for up to five years. Released 5M per year.
https://cronos.crypto.org/explorer/address/0xdf144BE12940b542eA13044686d6f1a7571015AB/tokens
Airdrops 10% (10M).
6.6M locked for up to four years. Released 2M per year.
https://cronos.crypto.org/explorer/address/0xd9B33c9EBaFB9Eef6043149cd651985884cc0dE2/tokens
Burnicy Game 10% (10M).
Monthly Burnice game prizes.
5M locked for six months. These are expected to burn quickly.
https://cronos.crypto.org/explorer/address/0x6aaABc68F91967fF2A913d6b9cC4b90cA7A1DFe8/tokens
Developers 10% (10M)
600k were dropped in the launch, 100k per team member. All 600k were staked for 2 years.
9.4M locked until 2024 and released in four years after that linearly.
https://cronos.crypto.org/explorer/address/0x9aC946b85CfefD5A1f5f6ec76391c10357d7DBaA/tokens
Prize pool / Liquidity pool
Large part of the Jackpot prize pool is used as a liquidity pool. Following two addresses are used:
https://cronos.org/explorer/address/0x34fD77B09fca3E6D7E817176b3dEcC380a3eE7F6/transactions
https://cronos.org/explorer/address/0x09724919Fcfd6Faec759f5dB73C91078f460A776/transactions
Staking
ICY owners can stake 100k ICYs for at least two years to participate to the CRO Jackpot game and to get extra benefits.
On 26.02.2022 there were 7.35M staked ICYs out of the circulating supply.
https://cronos.crypto.org/explorer/address/0x3847A67a3B8B18beE16036C26cDFf6960089f047/tokens
Balancer wallet:
Part of our sticky coin plan used to balance to price of ICY. Can be used for buybacks when ICY value is less than 6:1 to CRO. Can be also used to stake the ICY earned from the buybacks or to sell ICY when prize goes up quickly:
https://cronos.crypto.org/explorer/address/0xa8eA69C0e750a619298882A07813dD928faD3496
Fireplace:
Used to collect ICYs for Burnicy events before the ICYs are burned:
https://cronos.crypto.org/explorer/address/0xDD7641A288e9CC267FFADbc8910c6402f91Ab39C
Vault:
Cold storage for project/airdrop/bonus ICYs:
https://cronos.crypto.org/explorer/address/0x962bdBB645232BB91c12b42a050a4E754f3a2070
Long term investing funds to boost the Jackpot from 2025 onwards:
0x7f167462040E7492C0C00d4b3fd1F8339Bf5C500 (Cronos - Investing pool).
0x21Ae7D23d33E7b51eeA0aA02BA775A09b113d1aE (Cronos - Investing pool) - Obsolete
cro1pcz9su5lk75q2lws0g68qy3u84gxxua4jt520z (Crypto.org - Investing pool) - Obsolete
IcyBurner wallet. Farms CRO-ATOM and all the income is used to buy and burn ICY:
0x01fb35044Fc463a01d651385F3e489AACa706195
Icy Squid Game wallets:
0x43512d98e25AfFEA05e97b31d409FD84b136Ba58 (Icy Squid Game prize pool)
0xC200ac4Fc4d297dCC60C523FEFF66123c8e7504e (Icy Squid Game vault)