Evmos Based AMM Cronus Finance Live on Mainnet and Announced $CRN Tokenomics

Evmos based AMM Cronus Finance announced its launch on mainnet after publishing $CRN tokenmics. The initial supply of $CRN will be 6m, 2.8m of which will be allocated towards liquidity incentives for liquid providers. 1.1m $CRN will be set aside at Cronus reserve, 1.2m will be allocated to the team, 300k will be allocated to key investor Maven11 Capital, and 100k will be airdropped. In the first month after launch, 0.15 $CRN will be emitted per second, and the emission decays rapidly each month, which will be maintained at 0.01 token per second at the 12th month and beyond. The initial LP farming pairs include $CRN/$Evmos, $Evmos/$UST, $UST/$CRN ,$ATOM/$CRN, $OSMO/$CRN, $ATOM/$UST, $wBTC/$UST and $wETH/$UST. $CRN will be launched following IDO about one week after the AMM launch. Holders will be able to stake their $CRN for $sCRN and earn $UST rewards.