CRO
by BSC News
October 11, 2022
Loaded Nodes is an innovative yield farming protocol built on Cronos Chain. Here's what you need to know about the project, set to launch Oct. 13.
In the hyperactive crypto market, many degens seek out the highest APY in the shortest amount of time, more often than not leading to projects that spike in activity then collapse. A new yield farming protocol on Cronos Chain, called Loaded Nodes, is taking a different approach, one of slower-but-steady growth, aimed at sustainability.
True to its name, Loaded Nodes will allow users to earn returns by creating one or more nodes on their Decentralized Application (dApp). The nodes have a “lifetime” of 300 days, during which time the owners can claim yields in the form of the project’s token LDN.
The project’s Oct. 13 launch is to be followed by other features such as Non-Fungible Tokens (NFTs) that can be used to boost rewards, reduce claim fees or reduce claim times.
Loaded Nodes Founder and Marketing Director Mieudonnet Romain told BSC News:
“I feel a bit stressed as every founder does before a launch! But at the same time am excited. We are confident about our launch despite the bear market because we are prepared well. We already have the NFT marketplace ready, and will release it a few weeks after the launch.”
In the longer term, Loaded Nodes aims to become a node validator on Cronos and other blockchains, and invest in real estate, according to the project’s whitepaper.
Related News
Latest News
April 24, 2024
Chainlink Launches Cross-Chain Interoperability Protocol (CCIP) for General Availability
April 24, 2024
Hong Kong Bitcoin and Ethereum Spot ETFs Get Approval to Begin Trading on April 30
April 24, 2024
US DOJ Wants 3-Year Prison Sentence for Binance Co-Founder CZ
April 23, 2024
Binance’s 53rd Launchpool Project: What is Renzo Protocol?
April 23, 2024
Texas' Blockchain Association and the Crypto Freedom Alliance Sue US SEC
April 23, 2024
Binance Sued in Canada Over Securities Law Violations: What to Know
April 22, 2024
What Are Bitcoin Runes?
April 22, 2024
Binance Executive Arrested in Kenya After Fleeing Nigeria
More News