Kronos DAO is the first decentralized reserve currency protocol available on the Klaytn chain based on the KRNO token. Each KRNO token is backed by a basket of assets (e.g., KDAI, KRNO-KDAI LP Tokens, and etc.) in the Kronos DAO treasury, giving it an intrinsic value that it cannot fall below. Kronos DAO also introduces economic and game-theoretic dynamics into the market through staking and minting.

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Anton Baryshev

created this topic on 9 Feb, 2022

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Kronos Dao

Kronos DAO is a decentralized reserve currency protocol available on the Klaytn chain based on the KRNO token.

Infobox

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Cryptocurrency

Website

https://kronosdao.finance/

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