{"data":{"id":22983,"name":"Cronos ID","symbol":"CROID","slug":"cronos-id","category":"token","description":"Cronos ID is a decentralised identity and communication layer built on Cronos. On a broad level, Cronos ID will give users the ability to send and receive information on-chain, powered by human-readable identifiers.\n\nTo achieve this, Cronos ID is powered by 3 key subprotocols: \n* Starting with our Domains, every user will have a unique on-chain identity, allowing you to find friends and exchange crypto with ease \n* The Notifications service will help the community keep track of key protocol events, alerts, NFT bids and more - gone are the days of manually checking your DApps for bids or collateral factors. \n* Finally, by leveraging Messaging, users and projects will be able to connect and communicate with each other in a safe and verifiable environment.\n\n**Tokenomics**\n\n$CROID is Cronos ID’s native and governance token to be utilised in Cronos ID’s broader ecosystem. Within Cronos ID Domains, users will be able to utilise $CROID tokens to purchase 3 and 4 character names at a discounted price\n\nCronos ID aims to provide a sustainable share of protocol revenue to our token holders:\n* 40% shared to Reward Pool stakers \n* 40% allocated to the Ecosystem Treasury \n* 20% used to buyback and burn $CROID\n\nA total of 1,000,000,000 (1 billion) $CROID tokens will be allocated as follows:\n* Team 8%\n* IDO 0.125%\n* Community Reserve 19.9%\n* Partnerships 25%\n* Marketing and Ecosystem 15%\n* Liquidity Management and Incentives 31.975%\n\n**Core Utility Modules**\n\n1. Domain Subscription Module \nUsers may utilize this module to register or extend their ownership over specific domains. Users will pay in $CRO or $CROID, the native underlying chain and native protocol tokens respectively, and may receive discounts based on the durations of their domain registrations. \n\n2. Rewards Pool\nCronos ID domain holders can deposit their $CROID into maturity vaults to earn $CROID rewards. Users can choose between a 1-month, 9-months, 24-months, and 48-months maturity vaults to lock their $CROID. 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