- Name: Cargo
- Symbol: $CARGO
- Decimals: 18
- Type: CROS-Partner
- Total Supply: 2,000,000
- Contract Address: 0xD8eB4845B094e05f4d01d7BB3468238076F744f1
$CARGO, previously $CRON, is our chain-exclusive token for the Cronos network.
Acquire $CARGO through ownership of CargoHolds, staking CargoHolds, purchasing it on Croswap, and discover its various use cases:
- Stake it in Farms to earn rewards
- Get access to P2E/P2B products
- Get discounts using our products
- Get Croswap consumables by using CARGO specific features
- We have allocated 1,000,000 $CARGO for the initial release, rewards, and liquidity provision.
- We have allocated 1,000,000 $CARGO for the CargoHold Staking Pool, which will be minted linearly over the course of one year.
In order to ensure the long-term sustainability of $CARGO, we have implemented a range of strategies such as acquiring liquidity, promoting continuous circulation of $CARGO into the rewards vault, and offering various revenue-generating products within our ecosystem. These measures enable us to perform buybacks and contribute to the rewards vault, which helps to create a healthy and sustainable token economy for $CARGO.
$CARGO has the following transaction fees:
- 4% Fee on buys and sells
- 2% is sent into the CargoHolds Rewards Vault
- 2% of the transaction fee is used to obtain $CROS. All of the received $CROS tokens are automatically burned, reducing their circulating supply.
- No Tax on token transfers
The $CARGO-$CROS Farm will leverage the fundamental mechanics of farming protocols, including Time Locks and Optimizers. To avoid inflating the $CARGO supply, the farm will issue $CROS/$esCROS tokens as rewards. Additionally, participants can boost their rewards by utilizing the CargoHold Roles within the $CARGO-$CROS Farm ecosystem.
|CargoHold Role||Prerequisite||Role Cost||Passive Boost %|
|Merchant||50+ CH||100 $CARGO||3.75%|
|Pirate||50+ HCH||200 $CARGO||7.25%|
|Magnate||50+ CH & 50+ HCH||300 $CARGO||11.25%|
|Tycoon||250+ CH/HCH||400 $CARGO||15%|
- CH = CargoHolds
- HCH = Hijacked CargoHolds