CROATOM — the first $ATOM reward token on the CRONOS chain. Just hold the token to receive a redistribution (reflection) reward of 9% ATOM automatically.
9% of each CROATOM transaction is returned to holders of CRO ATOM (also called reflections) in the ATOM token. 1% of each transaction is divided into 50% CRO and 50% CROATOM and is automatically returned to the liquidity pool. 1% of each CRO ATOM transaction is distributed back to the CRO ATOM team's marketing wallet for use in marketing, promotions, listing fees, etc. Also, 1% of each CRO ATOM sale transaction has an additional commission to incentivize retention.
Cro ATOM token has been listed by Nomics, as the #3 most trafficked cryptocurrency data site in the US, backed by well-known investors such as CoinBase Ventures and CoinDesk owner Digital Currency Group.
Cro ATOM and Duo have a synergistic relationship that provides valuable utility for both tokens and their holders. Cro ATOM will have a "rolling fixed price". CroATOM's stance on this moving peg affects additional rewards and incentives that work in several ways. They provide additional rewards to Duo holders when CroATOM is above the peg and incentivize Duo holders to support positive price action.