The Bank of Cronos Dao
Bank of Cronos is building a community-owned reserve currency on the Cronos Network.
How BOC DAO Works
1. Treasury Revenue
Bonds and LP Fees
Bond sales and LP Fees increase Treasury
Revenue and lock in liquidity and help
control BOC supply
2. Treasury Growth
Bank of Cronos Treasury
Treasury inflow is used to increase Treasury
Balance and back outstanding BOC tokens
and regulate staking APY
3. Staking Rewards
Compounds yields automatically through a
treasury backed currency with intrinsic value
Sustainable Staking APY
BOC Staking APY
Treasury Regulated APY
Treasury inflow will always outperform staking rewards
Bank of Cronos is designed with long-term protocol health in mind. All BOC minted for staking rewards are backed with a reserve from the Treasury.
Bank of Cronos rewards stakers with
compounding interest, increasing their BOC
holdings over time.
BOC is designed to grow in value
Bank of CronosDAO has created a free-floating reserve currency, BOC, that is backed by a basket of assets. By focusing on supply growth rather than price appreciation, Bank of CronosDAO aspires that BOC can function as a currency that is able to hold its purchasing power regardless of market volatility.
A Store of Value is an asset that is stable or increases in value over time.
Stablecoins are vulnerable to inflationary policies, while Bitcoin or Ethereum suffer from market crashes or manipulation. None of these is a true Store of Value.