CRANNI Token

C.R.A.N.N.I: Crypto Revenue and Node Network Income

Introduction to CRANNI

CRANNI is a multifunctional utility token engineered to redefine the blockchain ecosystem. It leverages innovative financial mechanisms and diverse use cases to provide unparalleled utility and adaptability.

Tokenomics

Total Supply: 8,888,888 CRANNI

The CRANNI token distribution has been strategically designed to ensure robust ecosystem support and sustainable growth.

Initial Token Allocation Table

• Category	Percentage	Description
  Synthetics Over-Collateralization	10%	Locked funds to ensure system integrity and sustainability of the synthetic assets ecosystem.
  CRANNI Lottery	10%	Initial incentives for the Lottery system to encourage ecosystem adoption and engagement.
  Liquidity Allocation	10%	Dedicated to provisioning liquidity in decentralized exchanges (DEXs) or centralized exchanges (CEXs) for market stability and growth.
  Users and Liquidity Providers	70%	Distributed on Initial Seed Sale, funds goes for user participation rewards, liquidity mining rewards, and other incentives.

Token Distribution

• Synthetics Locked Allocation (10%): 888,888 CRANNI

• Lottery Allocation (10%): 888,888 CRANNI

• Initial Liquidity Locked (10%) : 888,888 CRANNI

• Remaining Supply Fair Launch (70%): 6,222,221 CRANNI

  70% allocated for users and liquidity providers, the received POL will be used as below:

  • Liquidity Mining Rewards: ~30% of the 70% (i.e., 21% of total supply) will be reserved for incentivizing liquidity providers.

  • User Participation Incentives: ~40% of the 70% (i.e., 28% of total supply) for network participation rewards, such as the BTC,ETH and POL Lottery Prizes.

  • Reserve for Future Incentives: ~30% of the 70% (i.e., 21% of total supply) for long-term growth and additional ecosystem incentives.

Core Utilities of CRANNI

1. Synthetic Asset Collateralization: CRANNI acts as premium collateral for synthetic assets, facilitating advanced financial derivatives. CRANNI plays a critical role in the collateralization of synthetic assets within our ecosystem. When minting derivatives such as ciBOLD, users exchange a portion of their USDT for CRANNI. This CRANNI is then locked in the contract, forming part of a dynamic treasury alongside USDT. The system adapts to market conditions: during periods of low crypto prices, USDT reserves are used to maintain stability, while in times of higher crypto and CRANNI prices, CRANNI strengthens the collateral, driving value and stability for the entire derivative pool. Synthetics Overview
2. Liquidity Pool Staking: Stake CRANNI-paired tokens in innovative liquidity protocols to earn substantial rewards in Stablecoins. Protocol liquidity incentived with stablecoins, receiving real revenue of a entire ecosystem. Staking Info
3. Smart Contract Utility: Unlock enhanced features and automated functions within the ecosystem dapps of casino web3 games and financial tools.

CRANNI introduces a wallet-native, seamless trading experience directly through its smart contract:

Buying CRANNI

• Send POL directly to the CRANNI smart contract.

• Tokens are purchased from the decentralized liquidity pool automatically.

Selling CRANNI

• Sell All: Send 0.01 POL to liquidate your entire CRANNI balance.

• Sell Half: Send 0.005 POL to sell 50% of your tokens.

• Sell Quarter: Send 0.0025 POL to sell 25% of your tokens.

This mechanism eliminates the need for exchanges, providing a fast and user-friendly trading experience. ⚠️ (A one time Approve for the token is necessary, you can do it in the https://luckblocks.com token page.) ⚠️

Dynamic Circulating Supply Adjustment

CRANNI introduces an innovative mechanism to regulate its circulating supply, designed to balance market conditions and enhance token value. While not deflationary in the traditional sense of reducing total supply, CRANNI employs a sophisticated approach to reduce circulating supply during periods of low price and high demand.

• Synthetic Asset Collateralization Mechanism: When the Synthetic Asset Minter contract becomes over-collateralized, it strategically utilizes excess collateral to participate in the CRANNI Lottery. This process accumulates additional locked CRANNI tokens, in a case of a win, effectively increasing the collateral pool and removing these tokens from the circulating supply, or in case of a lottery accumulation, it locks more tokens and generates demand for the CRANNI Lottery, thus generating action on the Luckblocks lottery, and distributing revenue in the ecosystem staking pool and Cranni Societas nodes.

• Dynamic Response to Market Conditions: So at times of lower CRANNI prices, the system reserves more tokens within the Synthetic Asset Minter contract. This ensures greater scarcity in the open market, potentially driving up demand and stabilizing price fluctuations. More info HERE

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Explore the CRANNI Ecosystem

CRANNI is more than a token—it's the backbone of a transformative ecosystem. Join us to experience a next-generation approach to blockchain technology!