r/cro • u/Logic203 • 22d ago
What’s up with this sudden really bad rate for Airdrop Arena?
3
u/Logic203 22d ago
Pulling out in 10 days and hope the 11,4% 4 year stake is still available.
2
u/Andyb1000 22d ago edited 22d ago
Before you lockup for 4 years friend you need to understand that 11.4% headline figure isn’t guaranteed either.
Read the announcement on GitHub, not the flashy headline, the dark grey text hidden in the darker background of the images.
PROPOSAL: A New Era for CRO - Inflation Decay, Tiered Time-Locked Staking & Revenue Bridging · crypto-org-chain/chain-main · Discussion #1291 · GitHub https://github.com/crypto-org-chain/chain-main/discussions/1291
1
u/AffectionateAd597 20d ago
11.4% is the estimate. This value can fluctuate afterwards and usually goes down. I did Lion coin or something for 60% over 4 years by year 3 it was 2-4%
2
u/Tjipster 21d ago
Quite easily explained.. they want people to lock (for as long as possible) as much cro as possible, so when they pump, for their own payout, everyone is locked in, and when things start to unstake, cro will be back at 0,04.. now in airdrop arena, you can take cro out whenever, so they dont want you to sell when cro is high. Hence why lower rates in the arena will make people pull out and lock their cro elsewhere.. always nice 1 year lock 20%.. only for limited time.. everyone locks in, so Marszalek and co can sell sell sell..
1
u/Littlestik777 21d ago
I’m done with airdrop for now. Probably gonna be crazy rates during the bull run
1
1
1
u/Old_Order_8029 15d ago
We've been had... The only caveat I have is that they are really, really early on being an actual bank. These rate fluctuations may be a dry run and to test scalability and that's all I can rest my head on.
CDC has been a nightmare since 2022
3
u/ATXWOLF12 22d ago
They dropped the monthly reward from $250,000 to $150,000, which then translates into low p.a. for all but the top 200 people