Cronodes is a platform that enables its users to build robust nodes on the Cronos chain. The platform acts as a trading vehicle for traders. Cronodes is considered to be a value-adding, community-driven protocol. Cronodes aims to establish decentralized finance (Defi) as a service. It also seeks to be a platform that can perform all the work and heavy lifting. Also, Cronodes intends to distribute rewards and produce holders by merging returns from DeFi protocols and returns from protocol-owned liquidity all through various chains.
Through Cronodes, traders need not research numerous protocols for trading. Additionally, the users do not have to purchase software to swap, bond, stake, or bridge as they only need an internet connection and a laptop or even a phone. Cronodes functions in a manner where traders can pool resources altogether. The charges are then allocated as per the contribution of all users, eventually leading to a small fee per person.
The website of Cronodes has been designed in a simple way that can be easily navigated. The platform is transparent and open, without any exclusivity or hierarchy. The community can choose from a list of cautiously verified protocols. Since Cronodes is a community project, the team does not make any decisions related to trading; rather, the chosen projects are open within the community for voting before initiating within the trading protocol. The traders do not have to pay maintenance fees, run complex software or manage subscriptions.
The native token of the platform is represented as CRN. Users are needed to trade a node on the decentralized application (dApp) page of Cronodes that can automatically enroll them in the protocols for lifetime rewards. Rewards are allocated every 24 hours, and users may claim their rewards in CRN tokens. Apart from rewards, traders can also enjoy an increase in the intrinsic value of CRN tokens.
