Topic: CasinoCronos.com - Casino DEX on Crypto.com Cronos Blockchain - Yield Farming (Read 69 times)

CasinoCronos.com — Casino Dex on Cronos


https://medium.com/@casinocronos/casinocronos-com-casino-dex-on-cronos-8cfc7e14e6b8

Hello Crypto.com enthusiasts — we’re announcing the launch of our DeFi product Casinocronos.com and our governance token Casinocronos.com Token (CASINO)

Summary:

Fair launch — $.001 starting price on 02/10/23
The casino will launch with several games with more to come later. Roulette, Craps, Slot Machine, Blackjack, Dice, and Coin Flip.
CasinoCronos.com token (CASINO) — a revenue generating governance token governing the CasinoCronos protocol on Cronos.
Casino Pit token (xCASINO) — Deposit CASINO tokens to the Casino Pit to earn rewards. Every swap includes a .30% liquidity provider fee which is sent to the Pit Breeder, converted and used to buyback CASINO token, and raise the ratio of CASINO to xCASINO.
Casinocronos.com — A unique mix of Defi products including ViperSwap, Bao Finance, and Uniswap. Casinocronos.com also boasts an online Casino where you can fairly gamble your earnings.
On launch Casino with single player games like Blackjack, Craps and Roulette.
Casino features a unique burning mechanism that sends 50% of proceeds to a burn address and 50% to the Casino treasury, ensuring constant upward pressure.
Yield farming — stake WCRO/USDC, WCRO/CASINO, WCRO/ATOM, ATOM/CASINO, (please see below for future pool release schedule) The yield farming system incorporates a 90% locked / 10% unlocked token unlocking schedule.
Emphasis on future pools for pairs with high volume on the Cronos bridge.
Future development of multiplayer casino games including poker & craps
Rewards start at block 6898882 at roughly ~4:00AM UTC 10th of Feb 2023 — Please farm responsibly
https://cronoscan.com/block/countdown/6898882
Join our Discord Channel to connect with the community and the team
Tokenomics

1,000,000,000 max token cap with 90% of rewards initially locked. Tokens will slowly release starting approximately February 2024 over 1 year. We’ve built 4 treasuries to help development on CasinoCronos.com.

Treasuries

Casino Fund— 5% of the tokens will be sent directly to the Casino to provide liquidity for Casino winners.
Development — 4% of the tokens minted will be used for development (grants, bounties, and technology advancements).
Liquidity Fund — 3% of the tokens minted will be used for additional liquidity for new pools and buy back/burns.
Founders Reward — 2% of the tokens will be used for incentivizing the founders.
Pre-Mint CASINO tokens

The treasuries have their own unique unlocking schedule. In order to provide initial liquidity and a smooth Casino experience we will pre-mint 80 million CASINO tokens.

In addition to the 80 million CASINO tokens minted, we also have the option to mint an additional 80 million in the event of a CASINO liquidity shortage.

Treasuries

10,000,000 tokens for Development Treasury
30,000,000 tokens for Liquidity Treasury
40,000,000 tokens for Casino Treasury
Emission Schedule

The base emission for CASINO is 8 CASINO/Block which is 115,200 CASINO tokens per day before any multipliers.

90% of CASINO rewards are locked up until February 2024 and will slowly release over 12 months. Due to the lockup schedule, we are implementing a high bonus rate for early adopters and to help distribute our tokens.

The initial multipliers are as follows:

Week 1: x64 multiplier = 5120 CASINO tokens/minute

Week 2: x64 multiplier = 5120 CASINO tokens/minute

Week 3: x64 multiplier = 5120 CASINO tokens/minute

Week 4: x64 multiplier = 5120 CASINO tokens/minute

After the initial release month, the multiplier gradually decreases.

The multiplier schedule is on a week-by-week basis and can be updated and to fit the needs of the project.

Withdrawal Fees:

• 40% fee if the user withdraws in the same block. (blocks ~ 2 seconds)
• 25% fee if the user withdraws under 1 hour.
• 15% fee if the user withdraws under 1 day.
• 5% fee if the user withdraws under 3 days.
• 5% fee if the user withdraws under 5 days
• 5% if the user withdraws under 2 weeks.
• 3% if the user withdraws under 4 weeks.
• 1% if the user withdraws after 4 weeks.

Roadmap

Games — Multiplayer Poker, Multiplayer Craps, Baccarat
Analytics site — Shortly after launch we will launch an analytics site where liquidity positions can be tracked.
Casino NFT’s that players can set as their avatar in multiplayer games.
Pool Release Schedule & Point Allocations

The schedule of the new pools are as follows:

02/10/23 — WCRO/CASINO, WCRO/USDC, WCRO/ATOM, ATOM/CASINO

2/24/21 — CASINO/xCASINO, WCRO/ETH, WCRO/BTC, ETH/BTC

3/3/23 — CASINO/DOGE & CASINO/ADA, DAI/USDC

3/10/23 — CASINO/MATIC, CASINO/LINK, LINK/MATIC

+ more pools to be announced depending on bridge volume

Tables of Allocation Pools are below:

02/10/23:
WCRO/CASINO — 55
WCRO/USDC — 5

WCRO/ATOM — 10

ATOM/CASINO -15

2/24/21:
CASINO/xCASINO — 35
WCRO/ETH —10
WCRO/BTC — 10
ETH/WBTC — 25

3/3/23:
CASINO/DOGE — 15
CASINO/ADA —10
DAI/USDC — 2

3/10/23:
CASINO/MATIC — 20
CASINO/LINK— 20
LINK/MATIC — 15

Smart Contracts

Our smart contracts forked mostly from ViperSwap & Uniswap

* UniswapV2Factory.sol, UniswapV2Router02.sol, UniswapV2SubGraph and other helper libraries

* ViperSwap: Pit.sol, PitBreeder.sol, MasterBreeder.sol

UniswapV2

* https://github.com/elephantproject/core/tree/main/contracts

* https://github.com/elephantproject/periphery/tree/main/contracts

* https://github.com/elephantproject/lib/tree/main/contracts

Viperswap

* https://github.com/elephantproject/contracts/tree/main/contracts

Deployed contracts

Smart contract code is available at: https://github.com/elephantproject

Deployed contract addresses:

GovernanceToken (CASINO): 0x95ac4a86c0677971c4125ACe494e3C17a87a4C61

MasterChef: 0x81b5118bF8A720B19FEC6F3078d2b555790cb0AB

Casino Pit: 0x2c7e38eeB92F5402A6B43520a4d92F0fe4Cad1B1

PitBreeder: 0x0851a7fc0c60Eea48c74Cf64Fa8498d0B8642c96

UniswapV2Factory: 0x570aA1E0aa3d679Bc9DaAA47564ed3Daba1208FE

UniswapV2Router02: 0x6c41f8d6366937c8680ad783281ce4b1C4E50571

Treasuries

Developer Treasury: 0xb837ca785b526037c572DCB98D77930115eC2d9D

Casino Treasury: redacted for security

Liquidity Treasury: 0xB0B5Aa9faB7186B7bB3986Bb7325007816F08Ed6

Founders Reward: 0x06e5f56652432E4aECfb568ca5ed9d7AE30A1BbA

Deployed Website: https://casinocronos.com

Resources

Discord: https://discord.gg/6fFvUghhg7CasinoCronos.com — Casino Dex on Cronos

Hello Crypto.com enthusiasts — we’re announcing the launch of our DeFi product Casinocronos.com and our governance token Casinocronos.com Token (CASINO)

Summary:

Fair launch — $.001 starting price on 02/10/23
The casino will launch with several games with more to come later. Roulette, Craps, Slot Machine, Blackjack, Dice, and Coin Flip.
CasinoCronos.com token (CASINO) — a revenue generating governance token governing the CasinoCronos protocol on Cronos.
Casino Pit token (xCASINO) — Deposit CASINO tokens to the Casino Pit to earn rewards. Every swap includes a .30% liquidity provider fee which is sent to the Pit Breeder, converted and used to buyback CASINO token, and raise the ratio of CASINO to xCASINO.
Casinocronos.com — A unique mix of Defi products including ViperSwap, Bao Finance, and Uniswap. Casinocronos.com also boasts an online Casino where you can fairly gamble your earnings.
On launch Casino with single player games like Blackjack, Craps and Roulette.
Casino features a unique burning mechanism that sends 50% of proceeds to a burn address and 50% to the Casino treasury, ensuring constant upward pressure.
Yield farming — stake WCRO/USDC, WCRO/CASINO, WCRO/ATOM, ATOM/CASINO, (please see below for future pool release schedule) The yield farming system incorporates a 90% locked / 10% unlocked token unlocking schedule.
Emphasis on future pools for pairs with high volume on the Cronos bridge.
Future development of multiplayer casino games including poker & craps
Rewards start at block 6898882 at roughly ~4:00AM UTC 10th of Feb 2023 — Please farm responsibly
https://cronoscan.com/block/countdown/6898882
Join our Discord Channel to connect with the community and the team
Tokenomics

1,000,000,000 max token cap with 90% of rewards initially locked. Tokens will slowly release starting approximately February 2024 over 1 year. We’ve built 4 treasuries to help development on CasinoCronos.com.

Treasuries

Casino Fund— 5% of the tokens will be sent directly to the Casino to provide liquidity for Casino winners.
Development — 4% of the tokens minted will be used for development (grants, bounties, and technology advancements).
Liquidity Fund — 3% of the tokens minted will be used for additional liquidity for new pools and buy back/burns.
Founders Reward — 2% of the tokens will be used for incentivizing the founders.
Pre-Mint CASINO tokens

The treasuries have their own unique unlocking schedule. In order to provide initial liquidity and a smooth Casino experience we will pre-mint 80 million CASINO tokens.

In addition to the 80 million CASINO tokens minted, we also have the option to mint an additional 80 million in the event of a CASINO liquidity shortage.

Treasuries

10,000,000 tokens for Development Treasury
30,000,000 tokens for Liquidity Treasury
40,000,000 tokens for Casino Treasury
Emission Schedule

The base emission for CASINO is 8 CASINO/Block which is 115,200 CASINO tokens per day before any multipliers.

90% of CASINO rewards are locked up until February 2024 and will slowly release over 12 months. Due to the lockup schedule, we are implementing a high bonus rate for early adopters and to help distribute our tokens.

The initial multipliers are as follows:

Week 1: x64 multiplier = 5120 CASINO tokens/minute

Week 2: x64 multiplier = 5120 CASINO tokens/minute

Week 3: x64 multiplier = 5120 CASINO tokens/minute

Week 4: x64 multiplier = 5120 CASINO tokens/minute

After the initial release month, the multiplier gradually decreases.

The multiplier schedule is on a week-by-week basis and can be updated and to fit the needs of the project.

Withdrawal Fees:

• 40% fee if the user withdraws in the same block. (blocks ~ 2 seconds)
• 25% fee if the user withdraws under 1 hour.
• 15% fee if the user withdraws under 1 day.
• 5% fee if the user withdraws under 3 days.
• 5% fee if the user withdraws under 5 days
• 5% if the user withdraws under 2 weeks.
• 3% if the user withdraws under 4 weeks.
• 1% if the user withdraws after 4 weeks.

Roadmap

Games — Multiplayer Poker, Multiplayer Craps, Baccarat
Analytics site — Shortly after launch we will launch an analytics site where liquidity positions can be tracked.
Casino NFT’s that players can set as their avatar in multiplayer games.
Pool Release Schedule & Point Allocations

The schedule of the new pools are as follows:

02/10/23 — WCRO/CASINO, WCRO/USDC, WCRO/ATOM, ATOM/CASINO

2/24/21 — CASINO/xCASINO, WCRO/ETH, WCRO/BTC, ETH/BTC

3/3/23 — CASINO/DOGE & CASINO/ADA, DAI/USDC

3/10/23 — CASINO/MATIC, CASINO/LINK, LINK/MATIC

+ more pools to be announced depending on bridge volume

Tables of Allocation Pools are below:

02/10/23:
WCRO/CASINO — 55
WCRO/USDC — 5

WCRO/ATOM — 10

ATOM/CASINO -15

2/24/21:
CASINO/xCASINO — 35
WCRO/ETH —10
WCRO/BTC — 10
ETH/WBTC — 25

3/3/23:
CASINO/DOGE — 15
CASINO/ADA —10
DAI/USDC — 2

3/10/23:
CASINO/MATIC — 20
CASINO/LINK— 20
LINK/MATIC — 15

Smart Contracts

Our smart contracts forked mostly from ViperSwap & Uniswap

* UniswapV2Factory.sol, UniswapV2Router02.sol, UniswapV2SubGraph and other helper libraries

* ViperSwap: Pit.sol, PitBreeder.sol, MasterBreeder.sol

UniswapV2

* https://github.com/elephantproject/core/tree/main/contracts

* https://github.com/elephantproject/periphery/tree/main/contracts

* https://github.com/elephantproject/lib/tree/main/contracts

Viperswap

* https://github.com/elephantproject/contracts/tree/main/contracts

Deployed contracts

Smart contract code is available at: https://github.com/elephantproject

Deployed contract addresses:

GovernanceToken (CASINO): 0x95ac4a86c0677971c4125ACe494e3C17a87a4C61

MasterChef: 0x81b5118bF8A720B19FEC6F3078d2b555790cb0AB

Casino Pit: 0x2c7e38eeB92F5402A6B43520a4d92F0fe4Cad1B1

PitBreeder: 0x0851a7fc0c60Eea48c74Cf64Fa8498d0B8642c96

UniswapV2Factory: 0x570aA1E0aa3d679Bc9DaAA47564ed3Daba1208FE

UniswapV2Router02: 0x6c41f8d6366937c8680ad783281ce4b1C4E50571

Treasuries

Developer Treasury: 0xb837ca785b526037c572DCB98D77930115eC2d9D

Casino Treasury: redacted for security

Liquidity Treasury: 0xB0B5Aa9faB7186B7bB3986Bb7325007816F08Ed6

Founders Reward: 0x06e5f56652432E4aECfb568ca5ed9d7AE30A1BbA

Deployed Website: https://casinocronos.com

Resources

Discord: https://discord.gg/6fFvUghhg7