Croblanc

What Is Croblanc (CROBLANC)? Complete Guide Review About Croblanc.

What Is Croblanc (CROBLANC)?

Following the introduction of multiple staking platforms, many digital asset owners have seen a consistent growth during the initial phase of the asset’s lifecycle, only to see the generated yield negatively influencing the price of the core asset. The Croblanc ecosystem and its CROBLANC cryptocurrency aim to solve that by both using stochastic yield as well as offering double-yield farming pools. A purely decentralized version of yield generating would allow cryptocurrency staking to not only generate yield but also other digital assets.

Digital farming provides part of the solution, but the main benefits are lost if the only principle is to mint tokens indefinitely. A superior system would be the generation of more of the same asset, as well as other digital assets by using a stochastic model, which would allow more sustainable yield through the leveraging of more cryptocurrencies, hence stabilizing the price of the initial asset leading to sustainable growth.

Croblanc Storage Key Points

Coin BasicInformation
Coin NameCroblanc
Short NameCROBLANC
Circulating SupplyN/A
Total Supply10,221,370
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Stochastic yield

In order to secure the growth of the ecosystem, the smart contract defines a mathematical issuance of tokens in a way that sustains the market capitalization of the token. To achieve that, the ecosystem uses stochastic yield through an issuance of tokens which is inversely proportional to the price of the token.

In a scenario where the price of Croblanc goes down, the token issuance rate would automatically rise in order to mint more tokens and sustain the current yield. A standard stochastic trend model is employed in conjunction with a transformation to mitigate effects of outliers and induce normality.

Private Sale

Tokens from the private sale are vested for 100 days since the day of the token launch. Then tokens are distributed 1% of the purchased amount each day, which means 1% distributed for 100 days. The Seed Sale is a reserve for institutional or major investors. Contact if you consider joining the project for the long run.

Tokens from the seed sale are preminted and prestaked in the dividend pools but they are also vested for 100 days since the day of the token launch. Then tokens are distributed 1% of the purchased amount each day, which means 1% distributed for 100 days.

Initial Liquidity

The Initial Liquidity and Farming allocations might change based on the private and public sales, in order to secure a fair initial distribution of the token. The initial liquidity will account for 2.73% of the total supply of CROBLANC. If the Private and Public Sales are not sold out, the same ratio of liquidity will be provided.

Croblanc The LP will be locked through a smart contract for 12 months from the moment it will be provided. Once the tokens from the Farming allocation will be minted, the emission will cease and a new protocol of farming will be implemented in order to drive the farming mechanism.

Burn

There are two burn functions in the smart contract: Burn and Burn Forever. The Burn function allows for tokens to be burned, but then the farming mechanism will be able to mint those tokens again, always to the limit of the maximum supply. Croblanc belongs to its token holders. As such, 1% performance fee is charged on all double yield pools and converted into CRO and then redistributed to the skaters of CROBLANC.

Stakers of Croblanc initially receive xCROBLANC, which are redeemable for CROBLANC at no cost. Apart from gas fees, there are no fees taken on the Dividends platform: no deposit fees, no withdrawal fees, no minimum duration, no unstake lock.

Disclaimer

Anyone wishing to invest should seek his or her own independent financial or professional advice. Before purchasing Croblanc, you must understand the inherent risks in the trading of cryptocurrencies. Mountain Labs does not recommend to purchase, sell or hold any digital asset. Please do your own research before purchasing the CROBLANC token. You agree that you are not purchasing a security or investment and you agree to hold Mountain Labs harmless and not liable for any losses or taxes you may incur.

Croblanc Extreme changes in price may occur at any time, resulting in a potential loss of value, complete or partial loss of purchasing power, and difficulty or a complete inability to sell or exchange your digital currency. Mountain Labs shall be under no obligation to purchase or to broker the purchase back cryptocurrencies from you in circumstances where there is no viable market for the purchase of the same.