Midas Cronos Finance
  • ℹ️Project Overview
    • Introduction
    • Tokenomics
    • Midas Cronos Finance Token ($XXXX)
    • Contracts
  • 👑The protocol's operation
    • Autostaking and Autocompounding features
    • Midas Gold Insurance
    • Auto-Liquidity System
    • The Golden Ditch
    • Treasury
    • Fixed Apy
    • Yield Farming
  • 🚀RoadMap
    • Roadmap (2022)
  • 🗣️Social Networks
    • Twitter
  • Telegram
  • 🖥️Websites
    • Main Website
Powered by GitBook
On this page
  • Midas Cronos Finance Tokenomics
  • Trading Fee Allocations
  • Buy Fees
  • Sell Fees
  • Why are there trading fees?
  1. Project Overview

Tokenomics

Midas Cronos Finance Tokenomics

The information below is an overview of the Midas Cronos Finance tokenomics:

  • Token name: Midas Cronos

  • Token symbol: $XXXX (TBA)

  • Initial token supply: 325 000

  • Public token allocation: 93 %

  • Team and Partnership allocation: 7%

Trading Fee Allocations

Trading fees on our token go towards supporting our ecosystem and future advancements, as well as providing automatic liquidity to prevent price volatility and keep the price floor rising.

Buy Fees

The following fees are applied when another token is swapped in exchange for $XXXX Tokens

Buy Trading Fees:

  • Liquidity Pool - 4,0%

  • Midas Gold Insurance (MGI) – 5,0%

  • Treasury - 6,5%

  • The Golden Ditch – 1,0%

Sell Fees

The following fees are applied when XXXX token is swapped in exchange for any other token:

Sell Trading Fees:

  • Liquidity Pool - 4,0%

  • Midas Gold Insurance (MGI) – 5,0%

  • Treasury - 9,0%

  • The Golden Ditch – 1,0%

Why are there trading fees?

Our developing ecosystem is supported by the current trading costs in place. The fees you pay will essentially be reinvested in the ecosystem in the form of rewards, buy-backs, project development, and so much more!

As MCF progresses, we will continue to examine our trading fees in order to make entry and exit more appealing to all investors.

PreviousIntroductionNextMidas Cronos Finance Token ($XXXX)

Last updated 3 years ago

ℹ️
Page cover image