Earn ~50% p.a. in CRO staking rewards
We are excited to share that the Crypto.org Chain Mainnet launched on 25 March 2021.
What’s in it for users?
5 billion CRO have been allocated to native CRO staking rewards, which is currently set at ~50% p.a. for active participants of the network.
Users can migrate ERC20 CRO to native CRO directly in their DeFi Wallets using a simple migration tool. It is one of the easiest ways to perform the migration.
Crypto.org Chain also features a lower transaction fee than the Ethereum network. Users withdrawing CRO via the Crypto.com App and Exchange may choose to withdraw native CRO on the Crypto.org Chain for a lower withdrawal fee. Furthermore, it boasts a faster processing time compared to the Ethereum network, enabling users to deposit and withdraw their native CRO more efficiently than the ERC20 CRO.
Read about the 5 major releases we have lined up on our blog, and visit crypto.org for more information.
Note: Staking rewards are only available on the Crypto.com DeFi Wallet, not on the Crypto.com App / Exchange.