What Is CRODEX Metaverse Hub (MHUB)?
Blockchain technology has brought about an era of fast innovation, with exciting new concepts and ideas being built upon the foundations of what Satoshi Nakamoto began several years ago. With the advent of Smart Contracts, CRODEX Metaverse Hub have seen an explosion of amazing decentralized finance projects. These developments were somewhat encumbered by the inefficiency of Proof-of-Work. With Cronos, that final hurdle has been removed thanks to its Proof-of-Authority approach. With its fast, inexpensive and secure transactions, it has the potential to become a rich ecosystem for innovative projects.
CRODEX Metaverse Hub goal at CRODEX Exchange is simple to become the foundational Decentralized Exchange that enables Cronos projects to be traded in a safe and efficient market. CRODEX Exchange is working to be the best trading platform for all upcoming projects that are being developed to take advantage of Cronos’ blazing fast speed. Your extensive roadmap is a testament to your compromise to give both Cronos traders and developers a state-of-the-art Decentralized Exchange; with exclusive trading tools, standards-compliant and well-documented Routers and Factories, low fees, and more.
CRODEX Metaverse Hub Storage Key Points
|Coin Name||CRODEX Metaverse Hub|
|Circulating Supply||16,500,000.00 MHUB|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
What is the Cronos Network?
CRODEX Metaverse Hub EVM-Compatible network. Crypto.com is a payment and cryptocurrency platform that empowers users to buy, sell, and pay with crypto. It serves over 10 million customers, with the growing Crypto.com app, along with the Crypto.com Visa Card, a crypto card, the Crypto.com Exchange, and Crypto.com DeFi Wallet. Cronos can process more transactions per minute than Ethereum, making it faster, cheaper, and greener to execute smart contracts. It also implements the Inter Blockchain Communications (IBC) protocol, which enables interoperability and bridging to the Crypto.org Chain, and other IBC-enabled chains, such as Cosmos Hub.
Cronos uses Proof of Authority (PoA) as network security mechanism, which is a more streamlined and scalable consensus mechanism while still maintaining security with a range of validators that many different parties run. Cronos is also Open Source and welcomes its community to review and provide suggestions to strengthen it. The CRX token is unmintable and has a fixed total supply of 100,000 tokens. This means, there is no mint vulnerability risks to its holders. 5% of the entire total supply will be released as initial liquidity for CRX via pre-sale. The remaining reserves have been assigned to growth fostering initiatives.
Proof-of-Authority is a more streamlined and scalable consensus protocol, while still maintaining security with a range of validators that many different parties run. In PoA-based networks, transactions and blocks are validated by approved accounts, known as validators. When trading at CRODEX Metaverse Hub, or any other Decentralized Exchange, make sure to fully research the tokens you are about to buy/sell. As they are a decentralized protocol, they have no control over what developers do in your trading platform.
Besides its use in your Governance platform, where CRX token holders enjoy voting power in proportion to the amount of CRX they hold, your native token gives its holders access to further applications, such as your Yield Generation (farm) dApp, your Trading Tools, our Rewards program, NFTs and further initiatives to come in the future.
CRODEX Metaverse Hub enjoys the enviable position of being amongst Cronos’ first and most widely recognized Decentralized Exchanges (DEX). They already processed hundreds of daily transactions on Testnet, and have established yourselves as a platform enabling trading for more and more innovative projects at Cronos. Decentralized exchanges (DEX) are a type of cryptocurrency exchange which allows for direct peer-to-peer cryptocurrency transactions to take place online securely and without the need for an intermediary. Besides this core role, CRODEX Exchange offers the following value propositions. The largest CRX token reserve is intended for its release via your Rewards and Yield Generation programs.
Providing you with real-time and historic information
CRODEX Metaverse Hub are working in the development of price information services as well as market information services, which allow CRX token holders to access real-time data about new tokens launched at Cronos, liquidity events, and more. In order to allow third-party developers to create awesome NFTs on Cronos, they are launching the CRX NFT Marketplace. Additionally, special CRX NFTs will be released, enabling advanced gamification of your tools. An important aspect of crypto investment is being able to have an overview of all your ERC-20 investments and their respective FIAT values. They are preparing a Wallet Manager that lets you easily keep track of your Cronos portfolio.