Cargo

Overview

• 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

Supply Allocation

• 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.

Token Economics

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

$CARGO-$CROS Farm

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.

• CH = CargoHolds
• HCH = Hijacked CargoHolds