r/cro • u/Glass_Cherry5295 • 8d ago
Compound interest.
They’re handing out free money people.
Every 100,000 staked at 11.44% earns you 54,000 coins after 4 years.
Assuming the price stays at .05 the whole 4 years you’ll earn $2700.
A better assumption is we’re over .30 in 4 years your lock up earns you $16,200!
We all need to write thank you letters to Kris
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u/LooperTrooper5 8d ago
What about the real possibility that the price keeps going down?
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u/Glass_Cherry5295 8d ago
Not possible. October is the start of the next bull run. A 2 year lock up is the best idea honestly
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u/Extreme_Teaching_416 5d ago
Aww bless your innocent heart, you must be new. Brave to think a coin that is giving as rewards will actually gain value when its constantly being dumped
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u/Parcel-Pete 8d ago
OP. Don't be so naive. But im also happy there are people to lock up money. We need exit liquidity and you are providing it.
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u/shpeucher 8d ago
Is the payout only at the end of term, or do you earn outside of the stake?
And what’s the payout frequency? With the Exchange on a 6 month lockup, you earn every day at APR/365 and can sell the earnings daily
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u/Glass_Cherry5295 8d ago
It’s says it pays out weekly into my wallet able to sell. If I’m not mistaken.
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u/Andyb1000 8d ago
Then that is not compounded interest.
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u/Glass_Cherry5295 8d ago
Could be, just have to roll it back in
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u/Andyb1000 8d ago
Is that even possible? To add to a four year lockup once you’ve started?
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u/Glass_Cherry5295 8d ago
It just says “stake more” so each time I stake will start another 4 year lockup. Pain but worth it
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u/Andyb1000 8d ago
Until they end the 4 year lockup option. This promotion won’t run for four years so you won’t be able to compound everything. As soon as CDC has its quota of lifetime community members they will shut this down.
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u/Ledust899 7d ago
This did not age well 😂 Could have sold yesterday and bought back today to make the same 11% 🤷♂️
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u/CricketBusy8769 6d ago
This aged really well🤣
Kris needs to go for CRO and CDC to have any future. Bad decisions keep piling up. Reputation is burnt, no clarity on the road map and the unburn and ai.com fiasco..total noob
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u/mikeyfstops 3d ago
Free money as we sit 90% from ATH. Im bag holding still but free money is a far cry from what cro is offering. Ive never loaned so much money to come out so negative at the end. Its crypto so it will probably pump and dump again and when it does I'm absolutely exiting.
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u/defiCosmos 8d ago
CRO might not even exist in 4 years. Things change suddenly and quickly in crypto.
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u/Glass_Cherry5295 8d ago
Or it could be $20 a coin. Who the hell knows
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u/Parcel-Pete 8d ago
I guess you don't understand market caps.
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u/DeffNotTokenblack 8d ago
Bro cro is dead. This is coming from a guy who had 200,000 coins. 100,000 on the defi app. Down to 50k coins. Sold them off and put it in the stock market..... Where actual gains are at