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- Asset Backed Token
The first non-stake DAO on CRO where ingredients for the potion are DEFI Cronos projects
Magic Crotion is a Non-Stake DAO on CRO meaning all you have to do is buy $CROTION for a share of the DAO. The DAO will work because of a Buy-Back feature, then the team will host a governance vote on which asset to buy up. All profits from the bought assets will be sent to holders respective of their holdings.
Crotion Ingredients: Blue chip CRO projects decided by governance.
Tax Breakdown: 5% Buy-Back, 4% Marketing + Development, 1% LP
Launch Details: Fairlaunching on CRO. 10k CRO initial liquidity.