When you use Crypto.com Supercharger, you are taking part in liquidity mining. 5 billion CRO (16.66%) of the total token distribution is reserved for staking rewards. There are some alternative ways to use you CRO to earn the best interest rates and staking rewards. This is the period that youll provide liquidity to the pool. For example, the rewards for the AXS Supercharger event did not show up during the first few days of the Reward Period. Thank you. To accept rewards, users need to follow the following steps; Log onto Crypto.com App or Crypto.com Exchange. *App users can accept their allocation in the Crypto.com App, Duration: 30 or 45 days (after Charging Period ends), Total Reward amount: Pro-rata based on user's share of the total rewards pool, Reward amount daily: Total reward divided by 30 or 45, Distributed to: Crypto.com App or Crypto.com Exchange spot wallet, whichever platform you locked up to*, *Reward delivery to the Crypto.com App starts from 2022-02-21 08:00:00 UTC; any events that had a reward acceptance period prior to this date will have rewards delivered to Exchange only. We value our users' privacy, so we use the most advanced military-grade encryption to securely store data. The higher your liquidity score, the more tokens you will receive! Press question mark to learn the rest of the keyboard shortcuts. In return, you will receive interest in the currency that youve loaned out. Please note that this is not an exhaustive list of all the risks related to staking. To earn a yield on your CRO, you can either lend them out to custodial providers or via a Defi lending protocol, run your own validator or delegate your tokens to validators of your choice. The Supercharger campaign ends. A high commission rate means your rewards will be lower whilst a low commission rate could mean that the validator is not profitable and could cause issues for them in the future. There are quite a bit of differences between these 2 features. The 2 possible risks that I think you may encounter include: These 2 situations really depends on the market, and everyone will be affected as well! Crypto.com is a company offering a complete ecosystem around cryptocurrencies, including the Cypto.com mobile app and the Crypto.com desktop exchange with features for trading,CRO Visa Card, Earn, Pay, and more. If you are interested in signing up for any of the products mentioned above, you can check them out below! You will not be charged any gas fees when you make CRO withdrawals from the liquidity pool, which greatly reduces your costs. Users will be randomly chosen to receive a booster bonus that multiplies their Supercharger rewards. Annual percentage yield (APY) is a common term used in traditional finance, as well as in crypto, to explain how much you can earn from your assets. Network Share: You typically dont want to choose a validator with the highest or a low network share. Throughout the Charging Period, hourly snapshots of the rewards pool and crypto provided by each user are logged. In the video I explain exactly how. The supercharger reward period starts after the charging period has ended. Validators Self-Staked balance: A provider that has a high amount of staked tokens likely has more incentive to continue operating their services as they have more to lose than those with low self-staked balances. Acceptance Period: Immediately after the Charging period ends, the liquidity score will be determined. Click on the To Validator dropdown to choose a validator from the whitelisted validator list. Then click on "Acceptance Period" in the Supercharger Event. If you fail to accept your reward distribution before distribution begins, you will lose that portion of the reward scheduled to be distributed. For a 30 day event, the user locks up 100 CRO from day 1 to day 10 for 24 hours per day. Get the most ease and speed with one of Coinmama's crypto packages. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". This can be another great way to filter for validators that are thinking long-term. Great work. The Crypto.com Supercharger has five key phases: 1. Coinmama's Crypto Calculator Gives you: Want crypto even faster? Once you have made the withdrawal, the CRO will be immediately credited back to your Crypto Wallet. You can easily assess the market cap of the world's biggest cryptocurrency and at the top of every page we deliver an insight into Bitcoin's dominance. You will need to stake a minimum of 5,000 CRO to be able to receive the 10% reward! Please read below. The higher the stake, the more likely they are to be selected. Therefore it can be useful to look at the average fee, indicating the fees set over time. 4. Ensure you check back frequently to ensure your validator is active, not jailed and has not raised their commission fees unreasonably. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. or. commission and max. If you want to deposit CRO back into Supercharger, youll need to deposit a minimum of 100 CRO. The supercharger feature consists of two events: Here you can find the charging period for the Crypto.com supercharger. The, is the upper bound of fees the validator can define, and the. Users average lockup across the event duration = (100 CRO*10 days*24 hours)+(0 CRO*10 days*24 hours)+(200 CRO*10 days*10 hours) = 44,000, Note: Users would not be able to calculate the total pool size on their own as this is based on hourly snapshots of the Supercharger pool size; the example provided below is only for reference based on a simple assumption that the pool size is the same every day (although, in reality, this is usually not the case). Once confirmed, you have the option to accept it anytime before the Acceptance and Reward Period ends. As such, it would be best for you to keep a lookout for this notification when the Charging Period has finished. Deposit from: Crypto.com Exchange spot wallet, Crypto.com App crypto wallet. You can see the current pool size on Crypto.coms website. Supercharger (Crypto.com Exchange) - General Information, Information about how to participate on Supercharger and how to calculate rewards score and rewards. Using the dropdown menu, you can also explore rates . Look for the Supercharger banner on the home screen. Unless Supercharger is always going to be live. It's the ultimate Bitcoin calculator. The rewards will be deposited into either your Crypto.com App or Exchange. Are you passionate about personal finance and want to earn some flexible income? Yep, wallets and exchanges provide you APIs which if you use to connect to various tools created to calculate your crypto profits and losses, you will get results automatically. However, you should make a rough estimated calculation to see if its worth depositing into the Crypto.com Supercharger. If a validator drops out of the top 100, they also stop earning rewards. Choose position direction: Buy/Long or Sell/Short. *If you fail to accept your reward distribution before distribution begins, you will lose that portion of the reward scheduled to be distributed. Email Us Choose your drive type* It is used to carry out the key functions of the platform as detailed below: Cronos Chain is powered by Tendermint BFT. You would just have to make sure to check regularly if the provider is still active and operating. Like for the ongoing ETH super Charger.., wondering if anyone has a simple excel that one can key in their stake vs pool size, reward amount (with some assumptions though assuming a fixed amount/time etc - to simplify the math). Once the charging period for the event is over, accept the reward amount allocated to you. Im Gideon. If youre not sure who to delegate to, consult our FAQ for guidance on selecting a validator. Your liquidity score is based on the liquidity you provided during the Charging Period. Seleziona una criptovaluta supportata dal tuo Crypto Wallet e inserisci l'importo che desideri mettere in stake sulla pool. You can see whether the validator is currently active or not by checking the validator list shown on. Fuel Economy Calculator v1.1 Compression Ratio Calculator Plus v2.3: Fuel Injector Calculator v1.1 Engine Log Book v1.1: Engine Simulation. But, be suspicious of that historical APY since Crypto.com is not transparent about how they calculate these estimations. Select CRO and enter the amount you would like to stake. You typically dont want to choose a validator with the highest or a low network share. Lockup* to the pool by clicking Charge Now, *Multiple lockups are allowed per user. Navigate the pop-up menu to the finance tab and click on the "Supercharger" option. If the prize pool is $250,000, the total reward pool would be 50,000 of token X. Your total reward will be divided and distributed to you daily over the Reward Period. Understand the market cap potential of your favorite alt coins Keep in mind that only the top 100 validators on Cronos, ranked by balance, receive rewards. Use our free crypto return calculator to check your gains or if you are wondering what can happen if your price prediction is right. Bitcoin and Crypto Calculator - Convert BTC and crypto into any World Currency TV & Videos Podcasts Consensus Magazine Learn Bitcoin Calculator Consensus Webinars Indices About Markets. Supercharger (Crypto.com App) - General Information, Information about how to participate on Supercharger and how to calculate rewards score and rewards. You can select the amount of CRO that you want to withdraw, where there is no minimum amount. What's not working as expected. These cookies ensure basic functionalities and security features of the website, anonymously. If you only have a small amount of CRO that you intend to hold, you can consider putting it in the Supercharger. Number of Users: A high number of delegators could indicate positive sentiment towards a validator. Here is an in-depth look into this feature: Crypto.coms Supercharger is a liquidity mining pool where you deposit CRO into the Supercharger for a certain period of time. They lock up 200 CRO for 10 hours per day from day 21 to day 30. The amount of CRO that you need to stake depends on the card you wish to get, and the currency you are staking in. This is a more accurate APY for Crypto.com supercharger. You would just have to make sure to check regularly if the provider is still active and operating. This means that any lost, stolen or hacked crypto cannot be claimed as a capital loss. 3. Make sure you pick a validator with the highest possible uptime performance by viewing the validator information on the. To withdraw any amount from Supercharger, you can tap the - icon in the Crypto.com App. change rate are both 100%, the validator could decide to go from 0% to 100% commission at any time. Slashing risk: When delegating to a validator, there is a risk of being partially slashed if the validator misbehaves. Step 1: Download Defi Wallet and ensure that your CRO is stored in this wallet. New comments cannot be posted and votes cannot be cast, Crypto.com is the best place to buy, sell, and pay with crypto. This can happen if the validator double signs or goes offline. The Supercharger is a simple, flexible, and secure rewards platform that allows users to lockup tokens (with the option to withdraw at any time) in order to earn the most popular crypto on the Crypto.com Exchange and Crypto.com App. Note: Formulas below are based on these hourly snapshots, but snapshots of the rewards pool cannot be manually done by the user since this is done every hour of every day of the event. Plan future investments or daydream about gains with the Crypto Investment Calculator by CoinStats. Here are the steps youll need to use Crypto.coms Supercharger: You can go to the Supercharger on either the Crypto.com App or Exchange. Of all portfolio managers on the market, CoinStats supports the most number of wallets and exchanges.
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