IcyCRO.org - Tokenomics

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.

Token contract address:

0x8F857Af6Ea31447Bb502fE0E3F4e4340CDFCfc6C

PhotonSwap address:
https://photonswap.finance/#/swap

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.

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.

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.

Airdrops 10% (10M).

6.6M locked for up to four years. Released 2M per year.

Burnicy Game 10% (10M).

Monthly Burnice game prizes.

5M locked for six months. These are expected to burn quickly.

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.

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 30.11.2021 there were 4.4M staked ICYs out of the circulating supply.

Balancer wallet:

Part of our sticky coin plan used to balance to price of ICY. Can be used to purchases when ICY value is less than 6:1 to CRO:
https://cronos.crypto.org/explorer/address/0xa8eA69C0e750a619298882A07813dD928faD3496

Fireplace:

Used to collect ICYs for Burnicy events before the ICYs are burned: