Chronos, which launched on April 27, is a so-called (3,3) exchange, using staking as a primary resource for accruing value to its token to achieve store-of-value status. The (3,3) paradigm was made famous by Ethereum-based Olympus DAO – one of the most prominent projects of the previous crypto bull run.
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- Source: https://www.coindesk.com/tech/2023/05/04/arbitrum-based-exchange-chronos-attracts-170m-to-yield-pools-in-a-single-day/?utm_medium=referral&utm_source=rss&utm_campaign=headlines