{"id":315020,"date":"2021-12-28T03:19:47","date_gmt":"2021-12-28T08:19:47","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=315020"},"modified":"2021-12-28T03:26:55","modified_gmt":"2021-12-28T08:26:55","slug":"kronos-dao-high-apy-staking","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/kronos-dao-high-apy-staking","title":{"rendered":"Kronos DAO &#8211; Earn 20,000,000% APY Staking Rewards"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Kronos DAO is a substitute stablecoin, fully-backed and stable but also able to rise in value while minimizing losses. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">It&#8217;s also the\u00a0<\/span><span style=\"font-weight: 400;\">first decentralized reserve currency protocol running on the Klaytn chain, based on the KRNO token &#8211; which has increased over 360x in value since <\/span>its launch on November 18th, 2021.<\/p>\n<p>KRNO is partnered with Kokoa Finance, a yield-generating stablecoin on the Klatyn network.<\/p>\n<h2>Kronos Dao Roadmap<\/h2>\n<p><span style=\"font-weight: 400;\">The aim of Kronos DAO focuses on decentralization for sustainable community growth. To achieve this it has three missions:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">To build a sustainable Defi infrastructure that rewards market participants<\/span><\/li>\n<li><span style=\"font-weight: 400;\">To build a constructive and decentralized community that continuously innovates the ecosystem<\/span><\/li>\n<li><span style=\"font-weight: 400;\">To build a cross-chain alliance with other protocols that share the same vision, attracting more members to the community<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">By partnering with Ozys, Kronos Dao has been integrated in Orbit Bridge and KLAYswap, allowing for easy expansion of the ecosystem.<\/span><\/p>\n<h2>Kronos Dao Staking &amp; Minting<\/h2>\n<p><span style=\"font-weight: 400;\">Kronos DAO operates using both Staking and Minting. Staking is depositing your money in a staking contract (like a pool) and automatically earning compound interest. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Minting refers to directly buying the native token KRNO from the protocol in exchange for discounted KRNO.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Kronos DAO is different to other Ohm forks thanks to (4,4) LP minting. All OHM forks, including OHM itself, use staking and minting separately. However Kronos DAO combines staking and LP minting.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This means (4,4) mint rewards are paid in sKRNO instead of KRNO, and minting rewards are automatically compounded, so investors don\u2019t need to stake the rewards after claiming them. Also (4,4) minting has only a 4-day vesting period, instead of a 5-day vesting period.<\/span><\/p>\n<p><a href=\"https:\/\/app.kronosdao.finance\/#\/stake\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-315025\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2021\/12\/kronos-dao-staking.png\" alt=\"Kronos Dao Staking\" width=\"878\" height=\"368\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2021\/12\/kronos-dao-staking.png 878w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2021\/12\/kronos-dao-staking-300x126.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2021\/12\/kronos-dao-staking-768x322.png 768w\" sizes=\"(max-width: 878px) 100vw, 878px\" \/><\/a><\/p>\n<h2>Kronos DAO APY<\/h2>\n<p><span style=\"font-weight: 400;\">As Kronos DAO is still in its incubation stage, it offers a very high ROI of over 20,000,000% APY. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This rewards rate is higher than Olympus DAO, which offers 4,298% as of December 2021.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Kronos DAO&#8217;s gas fees are low, much lower than Olympus DAO&#8217;s, known for its high gas fees. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The key strength of Kronos DAO being built on the Klaytn network is it is designed for handling large numbers of transactions at low fees. The gas price is 0.000000025 Klay or 0.0000004 THB, inexpensive compared to other blockchains.<\/span><\/p>\n<h2><b>KYC Approved by Assure<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">KYC (Know-Your-Customer) regulations are vital for building a transparent community. KYC is a process that follows a set of standards to verify customers, risk profiles, and financial profiles. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Kronos DAO received KYC approval from Assure, to ensure security and safety for investors.<\/span><\/p>\n<h2><b>Kronos Dao Official Links<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">To learn more about Kronos DAO and network with other investors, use the official social media channels below:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Telegram Group &#8211; <a href=\"https:\/\/t.me\/kronosdao_eng\">https:\/\/t.me\/kronosdao_eng<\/a><\/span><br \/>\n<span style=\"font-weight: 400;\">Discord &#8211; <\/span><a href=\"https:\/\/discord.gg\/kronosdao\"><span style=\"font-weight: 400;\">https:\/\/discord.gg\/kronosdao<\/span><\/a><br \/>\n<span style=\"font-weight: 400;\">Website- <a href=\"https:\/\/kronosdao.finance\/\">https:\/\/kronosdao.finance\/<\/a><\/span><br \/>\n<span style=\"font-weight: 400;\">App &#8211; <a href=\"https:\/\/app.kronosdao.finance\/#\/\">https:\/\/app.kronosdao.finance\/#\/<\/a><\/span><br \/>\n<span style=\"font-weight: 400;\">Staking &#8211; <a href=\"https:\/\/app.kronosdao.finance\/#\/stake\">https:\/\/app.kronosdao.finance\/#\/stake<\/a><\/span><br \/>\n<span style=\"font-weight: 400;\">Mints &#8211; <a href=\"https:\/\/app.kronosdao.finance\/#\/mints\">https:\/\/app.kronosdao.finance\/#\/mints<\/a><\/span><br \/>\n<span style=\"font-weight: 400;\">Docs &#8211; <a href=\"https:\/\/docs.kronosdao.finance\/\">https:\/\/docs.kronosdao.finance\/<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">Kronos DAO is a substitute stablecoin, fully-backed and stable but also able to rise in value while minimizing losses. It&#8217;s also the\u00a0first decentralized reserve currency <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/kronos-dao-high-apy-staking\" title=\"Kronos DAO &#8211; Earn 20,000,000% APY Staking Rewards\">[&#8230;]<\/a><\/div>","protected":false},"author":1828,"featured_media":315021,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7596],"tags":[],"class_list":["post-315020","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Kronos DAO - Earn 20,000,000% APY Staking Rewards<\/title>\n<meta name=\"description\" content=\"As Kronos DAO is still in its incubation stage, it offers a very high ROI of over 20 million percent annual yield (APY), with low gas fees.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/315020\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kronos DAO - Earn 20,000,000% APY Staking Rewards\" \/>\n<meta property=\"og:description\" content=\"As Kronos DAO is still in its incubation stage, it offers a very high ROI of over 20 million percent annual yield (APY), with low gas fees.\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-28T08:19:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-12-28T08:26:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2021\/12\/kronos-dao.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1400\" \/>\n\t<meta property=\"og:image:height\" content=\"700\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"James Spillane\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"James Spillane\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/315020#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/315020\"},\"author\":{\"name\":\"James Spillane\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/ea64cba75a9202c97abf79ff11e8951e\"},\"headline\":\"Kronos DAO &#8211; 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