Chronos Finance – Telegram
Chronos Finance
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🌪 Chronos Finance is a community driven liquidity layer & AMM on arbitrum, that uses a vote escrowed model to drive Liquidity to the highest volume pairs.
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🚀 Chronos Takes Off: Launch Summary 🚀

We're thrilled to see the successful launch of Chronos! 🎉 Check out our latest article for a summary of important updates, changes, and milestones since the launch.

🚀 CHR Token Launch
💠 Epoch 0 Bribes
🤝 Launch Partners List
🏆 TVL Milestone
🔓 30% Lock Bonus Promotion
🛍 veCHR NFT Secondary Market Royalties
🎭 Community Content
🪂 Airdrop Claims
💰 veCHR and chrNFT Rewards Claims
🔐 Security Measures
🔧 Ongoing Fixes and Improvements

Read the full article here: https://medium.com/@chronosarbitrum/chronos-takes-off-launch-summary-ed655c2b1597

Let's continue to make Chronos the top DEX on Arbitrum! 🚀🌟
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Dune dashboard for this lock-bonus promotion is now up!🔐

Lock your CHR and get an instant 30% bonus to vote this week, promotion runs until the supply is exhausted!

Capitalize on this opportunity to maximize your voting power right from Epoch 1 🎉

https://dune.com/eliteness/ve-chr-boost
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We're pleased to announce Chronos's newest partner - QiDao Protocol

QiDao are the issuers of the MAI stablecoin, a multichain stable asset backed by users' collateralized debt positions

➡️ QiDao makes it easy for users to take out permissionless loans, using their dApp at https://app.mai.finance/

➡️ By providing a variety of assets as collateral, users earn the right to borrow MAI, a stablecoin backed by entirely by these deposits

Because MAI is overcollateralized, it boasts superior stability and less normalized volatility than similar USD-pegged stables (More info here: https://mai.watch/en/overview). Best of all, MAI has no exposure to the legacy financial system - it's a truly crypto-native stablecoin!

As a Chronos partner, QiDao will be directing incentives to several MAI pairs. We're excited to be working with this veteran team as they continue working to make https://app.mai.finance/ one of the best CDP stablecoin lending protocols in crypto!
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Our integration with 1inch Network is now complete!

Users trading on 1Inch will automatically have their trades routed through Chronos's pools when those pools offer the best returns.

This means more fees for $veCHR lockers each epoch!

https://1inch.io/

@everyone
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Big bribes for Epoch 1!

More than $200,000 already, and more on the way!

Make sure to vote before 00:00 UTC at https://app.chronos.exchange/ to earn your share of the rewards!
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We're pleased to announce Chronos's newest partner - Beefy Finance!

Beefy is one of the biggest and most respected yield-optimization projects in crypto. Their autocompounding vaults make it easy for users to maximize their crypto returns. Users deposit LP tokens into the vaults, which then automatically claim the rewards, create new LP tokens, and redeposit those LPs into the vault to earn even more rewards!

As a Chronos partner, Beefy will be developing vault strategies specifically to make use of some of Chronos's most active LPs. They'll also be incentivizing veCHR voters to direct CHR emissions to the BIFI/WETH pool on the Chronos DEX.

We're excited to be working with this talented team to bring even more value to Chronos users!
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Introducing Chronos's newest launch partner - Angle Protocol

Angle is a decentralized, capital efficient and over-collateralized stablecoin protocol specializing in non-USD pegged tokens. Their flagship stable - agEUR - will soon have liquidity incentives on Chronos!

➡️ agEUR is an overcollateralized stablecoin pegged to the price of the euro.

➡️ Users can provide collateral using a variety of crypto assets to mint agEUR directly from the Angle dApp: https://app.angle.money/

☑️ By making it easier for users to interact with Web3 using their local currency, Angle hopes to make crypto more appealing for everyone, including non-American investors.

☑️ Over time, they plan to release addition agAssets, pegged to other world currencies.

Angle is dedicated to making crypto safer for users all over the globe by minimizing its exposure to a single stablecoin like $USDC (as well as the to the legacy banking system in general), and building a truly crypto-native euro stablecoin. 🌎
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Epoch 2 is almost over! Don't forget to vote!

Best bribes this epoch:

🌀wUSDR/USDC - @tangibleDAO
🌀USD+/DAI+ - @overnightfi
🌀WETH/ARB - @ChronosFi
🌀WETH/USDC - @ChronosFi_
🌀WETH/RING - @Onering_Tools
🌀fBOMB/YFX - @fBombOpera

Epoch flips at 00:00 PM UTC!
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Introducing Chronos's newest partner - Jarvis Network

Jarvis are the issuers of jFIATs - overcollateralized stablecoins that are pegged to non-USD assets. As a Chronos partner, Jarvis will be incentivizing liquidity for JRT and jEUR on Arbitrum.

1️⃣ jEUR is a synthetic stablecoin pegged to the euro. Currently, users can borrow jEUR against WSTETH, WBTC, and USDC, or buy it from the protocol with USDC

2️⃣ JRT is the protocol's governance token. There will be a migration of JRT to JARVIS later this year

As a Chronos partner, Jarvis will be directing incentives to the JRT/WETH pair. They'll also be collaborating with our friends at Angle Protocol on a stable-AMM pair for jEUR/agEUR

We're excited to be working with this veteran team to increase liquidity for non-USD stablecoins on Arbitrum!
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Chronos is now integrated into OpenOceanGlobal's DEX aggregator.

Trades made using the Open Ocean dApp will now automatically route through Chronos's liquidity pools, generating more fees for $veCHR voters each epoch!

https://app.openocean.finance/classic
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Chronos V2: The Next Chapter

NFT Marketplace, Concentrated Liquidity, Revised Emissions, Upgraded maNFTs and more!

The crypto industry moves at a lightning pace, and Chronos is no exception. With the launch of our platform finding great product-market fit on Arbitrum, we continue to innovate and position Chronos as the go-to DEX.

Today we're thrilled to announce the upcoming launch of Chronos V2, a significantly enhanced version of our robust DEX. This new update is set to bring a plethora of changes, including:

📊 Stat upgrades
🔗 Referral system integration (DiBS)
🎨 NFT marketplace
🔮 UX improvements
💧 Concentrated liquidity
⚙️ maNFT upgrades
⚖️ CHR Emissions Revisions

...and much more, read the full article here: https://medium.com/@chronosarbitrum/chronos-v2-the-next-chapter-f0842e7edd87

🔍 While we're still working on the finer details, the groundwork is laid out in this article. V2 upgrades will be shipped throughout Q3 in batch updates as soon as they are ready.
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We're pleased to announce Chronos's newest listing - rETH from Rocket Pool! :rocketpool:

Rocket Pool is one of the biggest names in liquid staking tokens (LSTs) with over 400,000 $ETH staked. Users can deposit as little as 0.01 ETH to receive rETH, an LSD that accrues staking rewards over time. Rocket Pool's decentralized network of node operators uses the deposited ETH to help secure Ethereum's POS network.

As part of this collaboration, Rocket Pool will be directing incentives to the rETH/WETH VAMM pair on Chronos, providing an easy way for rETH holders to generate additional yield on their holdings!

We're excited to do our part to help Rocket Pool gain additional exposure on Arbitrum, and to create a convenient avenue for rETH holders to earn additional yield on their holdings, while helping make Ethereum safer and more secure for everyone!
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We're excited to announce Chronos's newest partner - Olympus DAO!

Olympus's mission is to make OHM the reserve asset for DeFi; unlike stablecoins, whose value is pegged to another asset, OHM has no fixed price. Instead, it's underlying value is backed by the Olympus treasury, which is itself made up of blue-chip crypto assets 💰

Over time, Olympus hopes to grow the utility of OHM enough that it will become as ubiquitous in DeFi as assets like USDC and USDT are today. In pursuit of their mission, Olympus has recently deployed some useful DeFi primitives, including:

▶️Range Bound Stability (RBS), which allows users to swap directly with the treasury when the price of $OHM moves into the Lower Range RBS mints new $OHM via bonds when the price moves into the Higher Range 🔀

▶️Boosted Liquidity Vaults (BLV), which allows holders of LSDs like or specific stables to earn liquidity mining rewards while only needing to provide one half of an LP position 👀
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We've got a new Dune dashboard that makes it easier than ever to track protocol stats

▶️Protocol Revenue
▶️Emissions
▶️Trade Volume
▶️Bribes & Fees
▶️Total Value Locked

...and more!

Everything you need to know in one convenient location:
https://dune.com/0xkhmer/chronos
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HELLO CHRONIANS

Today Im making The Biggest Announcement Chronos has ever done.

Creating a Marketplace from 0 its not easy job as you might expect, but thanks to our incredible team of +10 developers and the help of RNB (https://rocknblock.io/), we can finally announce that Chronos Marketplace will be live on 30th June.

More info: https://twitter.com/ChronosFi_/status/1671971281162448902?s=20

🤝🏼 Users will be able to trade chrNFT’s, veCHR’s at a 0% market commission in a secure way, thanks to our SVG Dynamic NFT Images as you will be able to see data such as veCHR position value or time locked.

💯 But… What about MANFt’s?
This are going to be live as soon as the new upgrade contracts are live, this will be detailed below, now users will be able to see the maturity level among other things in a more visual way once trading this positions.

And the question he have been asked for quite some time…
Why is this taking longer than expected?
The question is really simple, we have innovated creating a new technology, the Maturity Adjusted Positions, as this was never created before, it has been really difficult for our Smart Contract Developers and top tier one’s from several enterprises to do it, in fact, some of them even said it was impossible!

🫂 But here we are, thanks to the collaboration of our Smart Contract’s development team with Aegas (https://aegas.io/), we have finally finished the new MA Contracts!

🔒 We are currently on the process of Auditing them and making a Bug Bounty Program, as you already know, our users security is our top priority.

🦄 This new contract was a must in the upgrade to UNI V3 Concentrated Liquidity solution, now that we have it, we are finalizing the integration of this Concentrated Liquidity with the help of Sphere (https://sphere.finance/) and his top tier Liquidity Management project Dyson (https://dyson.money/).

This new updates do not come alone, we have been working on a new redesigned Chronos V2 UI, with a much better UX, design and new functionalities such as the possibility of making Limit Orders & TWAP’s powered by Orbs (https://www.orbs.com/).

🌀 With the new MA Contracts implemented, users will also be able to split and merge different level MANFT’s and also avoid potential lose of rewards while doing so, as we will also remove the 1 week waiting period for claiming the rewards.

This new UI comes with some cool ZAP features in which users are now able to provide liquidity rebalancing both tokens in a quick and secure manner, another priority was solving the dust issue we've been fighting for so long, that will finally be completely erradicated, improving the overall UX.

🪂 We have also changed our router provider to Paraswap (https://paraswap.io/) improving our rates while swapping and adding new functionalities such as the Inverse Route, a user can now input how much of a token he wants to receive while swapping and can see what’s the route his order is going through thanks to the new Order Path SVG.
Crypto historical chart will also be implemented to allow users see the price of a token pair.

All this new featured will be live 17th Julyhttps://medium.com/@chronosarbitrum/chronos-v2-the-next-chapter-f0842e7edd87
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Chronians! On June 30th (tomorrow) Chronos becomes the first ve(3,3) DEX to launch their own dedicated fNFT marketplace.

As the first phase of our "Chronos V2" rollout, the marketplace will support veNFTs and chrNFTs at launch. Support for maNFTs will follow soon after, on July 17th, with the release of the new maNFT contracts.

The NFT trade is a crucial part of the Chronos economy. By making it easier for users to buy, sell, and trade financial NFTs directly from the Chronos UI, we're taking a huge step in fulfilling our long-term vision for Chronos.

We have several more upgrades on the horizon, so be on the lookout for more announcements about all the amazing features we'll be adding in Q3 and Q4. New functionality, new integrations, new partnerships and more are coming soon!
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Chronos's fNFT marketplace is now LIVE!!
https://marketplace.chronos.exchange/

With the release of this dedicated fNFT marketplace, Chronos is taking another huge step toward fulfilling our vision and becoming the top DEX on Arbitrum

What's next? We've hired 5 new developers, who are hard at work putting the finishing touches on Chronos V2. Be on the lookout for several big improvements when V2 goes live on July 17th

▶️ New Maturity Curve
▶️ 3X Emissions Boost
▶️ Cross-Maturity Merging
▶️ New Order Types
▶️ LP Zaps
▶️ Improved Analytics
▶️ Historical Price Charts
▶️ Concentrated Liquidity

... And More!!

Several more features will be announced in the coming weeks!
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$veCHR voters are winning big with ChronosFi_!

🔥 More than $1.5M in bribes and incentives have been paid out so far, with voter APRs consistently above 300% 👀

🕰️ Chronos V2 launches on July 17th!
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As many of you know, we are planning to begin rollout out our "Chronos V2" upgrade today, July 17th, 2023.

Unfortunately, due to unforeseen circumstances, portions of this upgrade will need to be delayed. Some of our V2 contracts, including our concentrated liquidity pools, are going to require further testing before they can be released publicly. While we realize these delays are disappointing, we have decided that this is the best course of action at this time. It is important to us that all contracts are 100% tested to ensure their security and functionality prior to release; we feel it is better to delay the release to ensure everything works properly from day one than to try to rush things and potentially put user funds at risk.

We will still be releasing a partial update tomorrow that will include:

New UI/UX
New order types (Limit and TWAP) (via Orbs)
Elimination of the "dust" problem for traders and liquidity providers
Improved order routing and inverse routing (via ParaSwap)
New charts and analytics

The following features will not be released tomorrow, but will be added in the near future:

New V2 maturity curve/contracts
Concentrated Liquidity pools
Concentrated Liquidity management (via Dyson)
Single token LP zaps

We will announce a coordinate release date for the remaining features in the coming days. We apologize for any inconvenience this may cause, and hope to have all features fully integrated very soon.
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We're pleased to announce Chronos's newest partner - The Threshold Network

Threshold Network is a decentralized network of nodes that secure a wrapped version of BTC - called TBTC - on EVM compatible chains

Unlike WBTC, which relies on centralized custodians to store user deposits and issue wrapped tokens, TBTC uses a network of independent nodes to verify deposits and ensure TBTC's value. By leveraging the benefits of threshold cryptography, they're able to distribute operations across the entire network, thereby eliminating single points of failure.

The result is a permissionless BTC bridge that allows anyone to easily move tokens between Bitcoin and Ethereum without relying any centralized intermediaries

Compared to WBTC, TBTC is...

▶️ Safer
▶️ More Secure
▶️ More Decentralized
▶️ More Permissionless
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